nifty didn't had any direction today, but if u observe the charts you will be able to see that it has not got enough strength to move up fast.
Hi Everyone, did u just observe the magic of my levels drawn for Friday 03rd June 2022 ? If u traded it just follow me and if only observed than give a like. 03 June 2022 started with rejection from my supply level 36334-36280, second candle 15M gave entrt below first candle it was also a breakout of uptrending channel's lower band. Then it broke below upmoving...
Hope the supply zone & median line of uptrending channel, helped you enter first and second trades respectively & the down moving trendline, helped you exit, on Friday, as per my 03 June 2022 analysis
Bank nifty stuck between our demand and supply zones just below trending up trending channel. just trade the levels and avoid areas in between to avoid getting stopped out.
Nifty is continuously in the hourly upward channel, respecting our zones, today it also respected the median blindly. Power of analysis, hope it helps.
Bank Nifty Futures Levels for 01 June 2022 Bank Nifty Futures Levels for 01 June 2022
Hope all the levels especially 16545 helped you a lot. Keep giving a like for serving the community
See how the channel and zones worked today, keep following keep earning.
Hope you were able to use the levels today. Kindly note the higher time frame channel and its dotted median line before taking a trade.
Nifty & Bank Nifty have crossed Descending channel and are in the upward channel as of now. If there is any strong breakout of the channel, kindly long with a confirmation candle & if you see reversal candles from the edge of the channel kindly short with a small stop loss above the channel.
Nifty & Bank Nifty have crossed Descending channel and are in the upward channel as of now. If there is any strong breakout of the channel, kindly long with a confirmation candle & if you see reversal candles from the edge of the channel kindly short with a small stop loss above the channel.
Bank nifty is moving in an upward channel, but co relate it with nifty, nifty is moving in an downtrend channel, hence it will still need a pull back along with nifty to go ahead upside, monday it may move upside for a while before it again breaks down.
nifty now at the tip of down trend channel, lets see how it behaves on monday, my view is it will probably reverse either directly or after a small up move.
Did you enjoy the magic of my levels today, each zone did its duty by pulling and pushing the price, making bank nifty rally. Bank Nifty is now out of 35 days long down trending channel and has strarted moving up in a Uptrend channel.
Nifty Future Levels for 27 May 2022 Nifty Future Levels for 27 May 2022
Magic of Levels, This is Perfection, Best of Luck for Monthly Expiry tomorrow. Kindly keep position size half for tomorrow.
Just see the Magic of Levels, worked Awesomely, Keep following and earning.
Bank Nifty is in my channel since last 24 days, this gives you confidence to trade from level to level. Hope the zones are helping you daily. Kindly hit a LIKE if it is really helping you.