PS_108

PS_108

• Support & Resistance zones for 22nd Sep . • the trend for the near term may remain sideways to positive as long as the index closes above 17,700. However, a decisive fall below 17,700 may trigger a correction in the market. • On the lower end, below 17,700, Nifty may fall towards 17,500-17,350, whereas on the higher end, resistance is visible at...

PS_108

• Support & Resistance zones for 21st Sep . • BANKNIFTY has to cross and hold above 41,500 levels to continue the positive momentum towards lifetime high of 41,840 and 42,000 levels, while on the downside, support is seen at 41,250 followed by 41,000. • Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle. Remaining...

PS_108

• Support & Resistance zones for 21st Sep . • The trend will likely remain positive as long as the index sustains above 17,700. On the higher end, a move above 17,900 can induce a rally towards 18,100 and higher. • The data indicates an immediate trading range between 17,500 and 18,000. • Zones marked / drawn on chart can act as a Support & Resistance for price...

PS_108

• Support & Resistance zones for 16th Sep . • BANKNIFTY has to hold above 41,250 levels to make an up move towards 41,500 and its lifetime high of 41,840 levels, whereas supports are placed at 41,000 and 40,750. • Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle. Remaining space can be straight way for Price to...

PS_108

• Support & Resistance zones for 16th Sep . • The Nifty50 has made an attempt for the third straight session to surpass 18,100 but failed. Hence, 18,000-18,100 is expected to be a crucial area to watch going ahead and if the index decisively surpasses the same then a march towards record high levels is highly likely, with crucial supports at 17,700 & 17,500...

PS_108

• Support & Resistance zones for 15th Sep . • BANKNIFTY has to hold above 41,250 to make a move towards its all-time high of 41,829 and 42,000 levels whereas supports are placed at 41,000 and 40,750 levels. • Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle. Remaining space can be straight way for Price to make...

PS_108

• Support & Resistance zones for 15th Sep . • The trend will likely remain positive as long as the Nifty remains above 17,700. On the higher end, the index may move towards 18,600, once it provides a decisive breakout above 18,100. •The data indicates that in the immediate term, the Nifty50 may see a trading range of 17,700 to 18,200 in the coming session. •...

PS_108

• Support & Resistance zones for 14th Sep . • 18,000 and 17,925 would act as key support levels, while 18,150-18,200 would be key resistance levels. The uptrend would be vulnerable below 17,925, and the index can slip to 17,850-17,800 • The immediate resistance for the 50-pack index is 18,100. If the Nifty manages to hold it, it can climb to crucial resistance...

PS_108

• Support & Resistance zones for 14th Sep . • The immediate hurdle is placed at 41,000 where the highest open interest is built up on the Call side and once breached will see a sharp short-covering towards 41,500-41,800 • Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle. Remaining space can be straight way for...

PS_108

• Support & Resistance zones for 13th Sep . • The undertone remains bullish and once should keep a buy-on-dip approach with strong support at the 40,000-39,800 zone. • The immediate hurdle on the upside is placed at 40,700 and once taken out will witness a swift move towards 41,500-41,800 levels. • Zones marked / drawn on chart can act as a Support &...

PS_108

• Support & Resistance zones for 13th Sep . • A move towards 18,200–18,350 is possible in the near future as long as the Nifty defends 17,700–17,600 on a closing basis. • Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle. Remaining space can be straight way for Price to make moves. • • •

PS_108

• According to Price action - region from 17970 to 17931 is consolidation zone. • above 17970 we can see 17988 , 18012 . • below 17931 we can see 17910 , 17879 , 17843 . •••

PS_108

• According to Price action - region from 40653 to 40546 is consolidation zone. • above 40653 we can see 40783 , 40866 . • below 40546 we can see 40413 , 40349 , 40272. •••

PS_108

• Support & Resistance zones for 12th Sep . • Options data indicated a broader range of 17,300-18,200 for the Nifty in the coming sessions. • The next hurdle for the Nifty would be 17,992, the recent swing high, whereas 17,786, the day’s low,will be support & would be crucial for the downside. If that gets broken, 17,500 would be the next support. • Options...

PS_108

• Support & Resistance zones for 12th Sep . • BANKNIFTY has to hold above 40,250 to march towards 40,750 and 41,000, whereas supports are placed at 40,000 and 39,750 levels. • Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle. Remaining space can be straight way for Price to make moves. •••

PS_108

• Support & Resistance zones for 9th Sep . • BANKNIFTY has to hold above 40,000 to make an up move towards 40,500 and 40,750, whereas supports are placed at 40,000 and 39,750, • Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle. Remaining space can be straight way for Price to make moves. •••

PS_108

• Support & Resistance zones for 9th Sep . • Options data indicated a broader range of 17,300-18,200 for the Nifty in the coming sessions. • Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle. Remaining space can be straight way for Price to make moves. • • •

PS_108 Updated 

• Support & Resistance zones for 8th Sep . • Major resistance is visible at 40,000 and support is at 38,500. • Immediate support stands at 39,200 and if it is breached, the index can slip to 38,800-38,500 zone. The bias remains on the buy side as long as the support level is held. • Zones marked / drawn on chart can act as a Support & Resistance for price...