Support and Resistance Levels.........................................................................................................................,
Support and Resistance Levels....................................................................................................................................,
Bank Nifty is expected to have a gap down opening of 200 to 300 points. However, if the Bank Nifty sustains the 39200 level, it could indicate a possibility of upward movement. In such a scenario, the next immediate resistance levels could be at 39370 and 39680. On the other hand, if the Bank Nifty slips down, the next support levels could be at 39000 and 38800.
Nifty index is expected to have a negative opening today. However, if the Nifty sustains the 17000 level and moves upward, the next immediate resistance levels could be at 17070 and 17180. On the other hand, if the Nifty fails to sustain the 17000 level, the next support levels could be at 16940 and 16870.
we can expect a positive move in Google stock next week. The next resistance level is at 112, which means that the stock price may face some resistance when reaching this level. If the stock price is unable to sustain the 100.5 level, the immediate support level is at 90. This means that if the price falls below 100.5, there may be some buying interest at the 90...
Bank Nifty is expected to have a positive opening on Friday following a trend of improved investor sentiment globally. The measures taken to support the global banking system seem to have eased concerns about a financial crisis, which has resulted in a rebound in equities. As per the technical analysis provided, if the Bank Nifty opens above 39500 and sustains...
If it opens above 17050 and sustains that level for 15 minutes, there could be short covering in the market. The next resistance levels are 17180 and 17370. On the other hand, if the market trends downward, immediate support levels are 16960 and 16860.
Bank Nifty has opened slightly upward today, and the market is currently trading in a range bound manner between the levels of 39760 and 38950. A range bound market is one where the price is moving within a certain range or channel, without making any significant moves either upwards or downwards. This type of market can be difficult to trade, as there may not be...
Nifty has opened with a gap up today, which means that the market has opened at a higher level compared to the previous day's closing price. However, it seems that the market is currently trading in a range bound manner between 17180 and 16940 levels. A range bound market is one where the price is moving within a certain range or channel, without making any...
Bank Nifty is likely to have a gap up opening of around 250 points. A gap up opening means that the market has opened at a higher level compared to the previous day's closing price. If the Bank Nifty sustains the 39580 level, it is likely to move up to the next resistance level, which is 39850. A resistance level is a level in the market where there is a...
all global indices have ended in the positive, indicating a bullish sentiment in the market. This has led to a positive opening for the Nifty is likely to have a gap up opening of around 100 to 120 points. If the Nifty sustains the 17150 level, it is likely to move up to the next resistance level, which is 17260. A resistance level is a level in the market where...
There is more selling pressure in the Bank Nifty today due to some news related to SVB Bank. This has led to a gap down opening of at least 200 points. A gap down opening means that the market has opened at a lower level compared to the previous day's closing price. The immediate support level for the Bank Nifty is likely to be 40080. A support level is a level...
If the Nifty opens with a gap down and sustains the market below 17330, it is a bearish signal. This means that there is likely to be selling pressure in the market, and prices may continue to fall. A bearish signal can indicate a downtrend, and traders may want to consider short-selling or exiting their long positions. If the price falls below 17330 and...
If the Nifty opens with a gap down of 100 points, the immediate support level is likely to be 17430. A support level is a level in the market where there is a significant amount of buying pressure, which can make it difficult for prices to fall further. If the price reaches 17430 and stays there or bounces back up, it is likely to be a good buying...
Bank Nifty is showing a negative trend, possibly because of the performance of Indian banks listed as American Depository Receipts (ADRs) in the United States. Specifically, ICICI Bank and HDFC Bank ADRs have shown negative performance with -3.07% and 2.68% respectively. This may indicate that there is selling pressure in the banking sector. If the market opens...
If the market opens above 100 points in an uptrend and sustains above 41700 for at least 15 minutes, the next resistance level is likely to be 41900. This means that if the market opens with a significant upward momentum and remains above 41700 for at least 15 minutes, there is a good chance that it will continue to rise to 41900. However, if the market opens...
it is not advisable to trade in the supply zone. A supply zone is a level in the market where there is a significant amount of selling pressure, which can make it difficult for prices to rise further. If the market is in an uptrend and it sustains above 17800 in a 15-minute time frame, the next resistance level is likely to be 17900. This means that if the price...
Support Level - 17660,17530. Resistance Level's - 18150,18260.