PriyanshuS

PriyanshuS Updated 

Hi guys, As I analyzed before and interpreted that markets are going to make its ATH and they did. Now, I feel that market is in kind of exhaustion mode and it should come for a pullback or retest the breakout of resistance marked on the chart. It should fall 1300-1600 points from this area. Fall can start from December end or January start. There is nothing to...

PriyanshuS Updated 

As marked on the chart, price has formed a super bullish marubozu which covered 2 day range in a single day and about to close strongly. If the market is closed near this 38650-700-800 levels, then we are going to see a new ATH From now on good news will start coming, Be ready :)

PriyanshuS Updated 

If the above situation occurs, no one can stop bank nifty to touch 39800 lvl and even can make its ATH. It is just my analysis Note: Maybe it does not form the exact pattern displayed, our concern is the level of 39000, it is breaks then IT IS A ROCKET MOVE

PriyanshuS Updated 

This analysis is for positional not intraday. 1) As I have mentioned on the chart, you guys can plan accordingly. 2) Overall market sentiment are bullish, if it closes below 37700 , this will change the trend and this level is also your SL. 3) targets can be - 38350(small tgt) , 38500(round level), 38800. Book your profit accordingly or trail SL.

PriyanshuS

As you can see, I have marked the levels for bank nifty . Only go for long positions above 38200 level with your desired quantity. Otherwise go for long with small quantity because overall scenario is bullish . For long positions, the SL will be 37700. This is my analysis . SO I don't recommend to take a trade .

PriyanshuS

As you can see I have marked the levels of Bank nifty for tomorrow . In a longer view it will show some correction , if it breakdown the above levels then you can take a trade confidently , if it's breakout then take a trade cautiously or you can trade with half quantity , it totally depends on you. If you guys agrees and it helps you then you can comment down...

PriyanshuS

If the marked candle is closed above the level 4389 then we can expect a strong move. If it does not sustain above then wait for the breakout. KEEP WATCHING!!! #DOYOUROWNANALYSIS

PriyanshuS

Currently it is near resistance level and can show retracement . It will continue in consolidation phase which is shown in a box . If it breakout or breakdown the box or trend line then it can a show a strong move.

PriyanshuS

If Market does not sustain above 17930 then you can go for 17900 PE and target is till 17842 support level. As I have marked the levels on the chart . Red level is a major SR , green is a primary SR whereas blue level is weak or can act as SR. This is my analysis . Feel free to correct me. #dyor