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As we can see NIFTY though opened strong but fell through eventually it recovered and has formed more like a hammer candlestick pattern showing the dominance of buyers hence till NIFTY maintains itself inside the zone, every dip is an buying opportunity. Now we can expect NIFTY to reject at given levels as this level had been an median between the channel and...

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As we can see despite the weak opening NIFTY recovered strongly and manages to close itself inside the trendline which shows the structure is still intact. Now next eminent resistance can be seen is around 22200 level which has been acted as a level of indecision for quite some time now hence we may expect NIFTY to reject around those area till it finally breaks...

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As we can see NIFTY has finally reached its psychological level of 22000 and also reached trendline which had been followed and acted as resistance ever since. As long as we are above the trendline , we may expect NIFTY to remain sideways to bullish but the trend would change instantaneously if it breaks below and we may see a huge downfall in NIFTY so plan your...

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As we can see NIFTY can be seen heading towards important psychological level and also the trendline which had been acting as a SUPPORT since last month now. Now till NIFTY sustains itself above our trendline SUPPORT, every dip could be a buying opportunity but if fails to take support then we may see a panic selling in market so plan your trades accordingly.

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As we can see NIFTY opened and had been weak throughout the day as analysed in our previous post and managed to sustain itself below the middle quadrant of the channel hence we can expect another fall till 22000 which is its next upcoming DEMANND ZONE and PSYCHOLOGICAL LEVEL hence till NIFTY maintains itself in the base quadrant, we can expect NIFTY to remain weak...

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As we can see NIFTY started to get rejected exactly from our given trendline as analysed in our previous post. Now we can see NIFTY heading towards 22400 which is also a psychological level but if NIFTY opens even weaker then we can see NIFTY heading towards 22000 being final support so plan your trades accordingly.

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As we can see NIFTY is heading towards important trendline resistance which has been followed since last few months now. But as long as NIFTY doesn’t closes and sustains above the given trendline, we are bearish and we can expect NIFTY to show another retracement making another shoulders for completion of inverted head and shoulders pattern for another LIFE TIME...

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As we can see NIFTY is now trading at higher level of channel and we also saw signs of weakness around that. Hence further unless NIFTY manages to break this channel and sustain itself above, we may see NIFTY being weak to sideways in coming trading sessions so plan your trades accordingly.

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As we can see NIFTY made another ATH back to back after breaking out of an inverted head and shoulder pattern, we also saw a new ATH for BANKNIFTY as analysed in our previous post. Now BANKNIFTY has formed more like an indecision cancel and NIFTY closed at important zone followed by a rising wedge pattern which is also a bearish pattern hence any break of the...

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As we can see BANKNIFTY is just couple points away from its ATH mark as we had been analysis since last posts. Now any strong opening will bring up new ATH for BANKNIFTY. Now the question arises whether BANKNIFTY can hold its level or not! If YES which has majority changes as the election is coming and the most obvious news is yet to be factored in, then we can...

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As we can see BANKNIFTY show brilliant move despite opening strong. Now it can be seen getting rejected around 48000-48100 levels which is also a psychological level hence if BANKNIFTY manages to sustain itself above 48100 level then we may see 50000++ so plan your trades accordingly.

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As we can see NIFTY has already achieved its ATH couple of times but BANKNIFTY has not yet reached its ATH. Now BANKNIFTY can be seen forming more like an inverted head and shoulders pattern in bigger time frame and signs of accumulation in smaller time frame showing immense strength of BANKNIFTY hence now if BANKNIFTY breaches its trendline resistance which has...

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As we can see NIFTY remained sideways to negative as analysed in our previous post as 22500 was not broken hence NIFTY can remain directioness and can accumulate for some time before finally moving big showing unidirectional move 22500 so plan your trades accordingly.

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AS we can see despite a strong recovery in both midcap and banknifty, NIFTY remained more like sideways to negative throughout the day despite its strong opening as analysed in our previous post that it has reached its important supply zone which is also a psychological level of 22500 hence unless NIFTY breaches and sustains itself above this level, we can expect...

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As we can see NIFTY rallied over 300++ points after the breakout of inverted head and shoulders pattern and got rejected exactly from our trendline now until the trendline is breached above we are bearish and expected to remain sideways to negative so plan your trades accordingly.

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We can see BANKNIFTY despite being sideways managed to close strong and has formed more like long borne consolidation hence any break above the given consolidation can give rise to unidirectional move so plan your trades according.

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As we can see BANKNIFTY had been sideways to negative throughout the day as analysed in our last post. We can still stay with our view that till BANKNIFTY maintains inside this zone, we may expect it to remain sideways to negative and following todays candle formation, we can expect more of weakness if today’s candles low is broken so plan your trades accordingly...

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As we can see BANKNIFTY after taking support recovered almost 1000 points, now it can be seen trading in a crucial zone as this zone has been acting as a strong inflexion zone ever since. Hence if BANKNIFTY opens strong then we might see another strong rally above but will remain sideways to negative in this zone so plan your trades accordingly.