- Might open gap down if break previous days low a good down can been seen - buyers will be strong only after 44700 to 44750 is broken - if break previous days high and sustain then buyers may enter till 44700 Note : Do your own analysis before making any trade or investments
- Gap opening can be expected -if gap up then bounce back till 44700 to 44750 may be touch -if gap down then then then it can touch 44200 to 44300 -44500 to 44400 may be important range level keep an eye on traps or fakeouts Notice : Fridays have big up and down moves Note : Do your own analysis before taking any trades or investments
- 46200 to 46300 Sellers area pushed down buyers 2 or 3 times - Support area from 46025 to 45955 also round area more traps can happen - Looks like Gap Down opening is expected - also trend line support and forming wedges, A good move expected on below 45980 to 45900. Note : Above analysis is only for learning purpose. Do your own analysis before making any trade.
- A bullish Flag formation on hourly chart, Trend is also looking strong as buyers are coming on every dip. - Support Level keep eyes on 45800 to 45850 - Resistance on 46000 to 46100 Also its a round level most of the seller may get active - Last friday also was a trending day let see for tomorrow might we can get good Entry & Exit Note : Do your own analysis...
Bn can create an H&S pattern ~ Might be sellers may enter ~ Good Support at 45800 if break a good downside move can be seen ~ Resistance may take on previous days high 45990 Note : Do your own analysis before entering into market
A bearish flag pattern can be seen in BN ~ Seller me take control from here but still buyers are trying uphold the price ~ Buyers at 400 & 300 level are taking support if that breaks with momentum candle that a active sellers ~ Also trenline support can make bounce towards days high. ~ Wait n watch for a good oppourtunity to enter. Note : Do your own analyisi...
Will it end bullish or bearish or sideways? Post your views in comment.
Points to note for tomorrow 1. Buyers are still trying to get momentum which can trigger if crosses 44666 level or above 2. A gap up might can be seen which can bring buyers 3. Sellers are on between 44600 to 44700 a strong resistance or below 44300 to 44200 Note : Do your own analysis before making any trade or investments
Points to check for tomorrow Buyer are trying to get the momentum still but still sellers are present at 44600 to 44750 Might a Gap up opening can make buyers active for tomorrow Sellers can be seen active at below 44400 to 44200 Buyer can been active at above 44700 or 44800 Note : Do your own analysis before taking trade.
~ Looks like tomorrow also BN can move in range might be more narrow one! If open on near to previous day close ~ if open up gap down or gap up wait for price action to make momemtum for break out on demand or supply zone then look for any oppurtunity ~ Opening candle will be more important for tomorrow's session Note : Do your own analysis before any trade or...
Bank nifty coming near to its big ranges low. Chances for trap can be higher but wait for price action for good breakout reward.
Nifty looks like forming a bearish flag pattern also forming a trend line on downside. Having a resistance at 19670 might it can make a down move but need to wait n watch till comes near to its resistance.
1. Look for considation at 45100 or nearby levels before any upward move And 2. on downside look for cosolidation at 45500 levels before any breakout. 3. Looking at BN looks like it may be stay in range for some time Note : Please do your own analysis before any trade or investment.
CAN Bank nifty still give a move? Keep eye on 2nd August closing still a momentum on bearish side is looking strong. Check price action at 44959 area if break a good move can be expected. Note : Analysis our only for study purpose. Enter trade or investment at your own risk.
keep watch on 8500 level it has trend line resistance it make or break level. Check for consolidatioin or price action before a move.
Bank nifty at good support level its make or break area. Keep eyes below 44952 level may give good oppurtunity.
Taking Support of trend line following from its bottom price from 181 to 242 a strong momentum is seen. Also price has closed above the trend support and can go till 261 to it resistance. Keep eye on price action as bullish momentum can break 261 price may go to 280.
Closely look at monthly chart its making a trend line coming near to resistance @ 693Rs at same level profit booking can been seen which a drop the price below. A Good oppourtunity can be seen at 430 level for buying. Sellers may get active there or it can break check the price action at resistance note : All analysis are only for study purpose. Make your...