**Technofundamental Analysis** Nifty levels for Upcoming 2 session : 03 NOV 2020 - 04 NOV 2020 (2H chart used for analysis) *Chart Pattern & Trend* falling wedge pattern formed & taking support at 0.61 % of fibb.Retracement,So we can see move toward upside,Gap up Opening possible.If cross 11750 (50 EMA) then we can see imediate level of 11760 & furthur 11835.If...
Bank Nifty levels for Upcoming session : 21 OCT 2020 (30 Min chart used for analysis) Trading Range - 23160--24613/24766 *Chart Pattern & Trend* Refer the chart & see that Ascending Triangle formed .Hope, We can see gap-up opening on 21 Oct & then small correction possible. If it break the level 24420 then it can move towards 24613 / 24766 & If Fail to sustain...
Nifty levels for Upcoming session : 21 OCT 2020 (15 Min chart used for analysis) Trading Range - 11885 -12100 *Chart Pattern & Trend* Refer the chart & see that trend was broken & 11922 act as resistance.Hope, We can see gap-up opening on 21 Oct & then small correction possible. *PE* All Time high PE was 34.87, & last session PE was 34.28 .Need to Be Alert...
Nifty levels for Upcoming session : 19 OCT 2020 - 20 OCT 2020 (1H chart used for analysis) *Chart Pattern & Trend* Inverted Pennant flag formed & last candle was formed DOJI. We can see bullish trend with gap-up opening on 19 Oct *PE* All Time high PE was 34.87, & last session PE was 34.13 , *RSI* At 1 HRS-43 , 2 HRS-43 , Daily-57 , Weekly-65 So here is...
ITC Forecasting , Positive RSI divergence ITC is trading at its crucial support around 165 & Now RSI is also accelerating Positive divergence towards demand zone. We can see first moves toward 180 if it successfully cross the 174. If it fail to hold 165 then we can see next support at 157.
*Nifty levels for Upcoming sessions* (Daily frame chart used for analysis) *Chart Pattern & Trend* Trend#3 was shifted to Trend#2 & Last two candle had taken support at Trend #2.Now if it continue to remain trend, then it need to break very strong resistance 12000.-Be Alert *PE* Last PE is All Time High PE,We can see little bit correction at this level- Be...
*Doji was formed in last session ,pls be alert at the level 11900-12000 ,Correction around 500-700 point we can see. *Nifty PE is 34.40 is all time high , *FII & DII are pumping the mrket, *But still RSI is 66 @ daily chart Reliance Industries is weightage is now 14.19,
Nifty levels for Upcoming session- 06 Oct 2020 Last day C11503 L11452 O 11487 H11578 Day DOJI Candle-High & Low Rejection Trading Range (Important point-11447) R 11747 11703 11587 S 11340 11180 11100 Chart Pattern & Trend Head and Shoulders pattern was formed ,Now trend line #02 line is near to support...
Nifty levels for Upcoming session 2H chart used for analysis *Chart Pattern & Trend* Head and Shoulders pattern was formed ,& last session was W/expiry so we have seen moves also toward the trend. Now trend line is touching at resistance 11427 which is important level & if trend line breakout ...
Nifty50 levels for Upcoming session (1H chart used for analysis) *Inverted Head and Shoulders pattern formed ,level may be consolidate between 11170-11300 for upcoming session.
Bank Nifty levels for Upcoming session (2H chart used for analysis) *Head and Shoulders pattern was formed ,now we can see sharp V shape recovery till 22000 *Already crossed level 21500 but pls note that important level is 21450-21550, if it sustain in upcoming session then we can see level up to 22100. *RSI is 57 at 2HRS chart & 45 at daily chart ,46 at...
Bank Nifty levels for Upcoming session (2H chart used for analysis) *Head and Shoulders pattern was formed ,now we can see sharp V shape recovery till 22000 *Already crossed level 21500 but pls note that important level is 21450-21550, if it sustain in upcoming session then we can see level up to 22100. *RSI is 57 at 2HRS chart & 45 at daily chart ,46 at...
Nifty levels for Upcoming session (2H chart used for analysis) *1st triangle with a Resistance 11300 *In 2nd triangle probably,Rise may be Resist around 11300 *RSI is getting divert and it may be go into oversold zone near 11500 *11100 will act as a Strong support. *11170- 11450 is the Trading Range for upcoming session