As we can see despite the strong opening, BANKNIFTY managed to get rejected exactly from our given levels as analysed in our previous analysis. Now we can expect BANKNIFTY to remain sideways to negative till it maintains itself inside the given range and would only turn bullish if breaks above our given levels so plan your trades accordingly.
As we can BANKNIFTY despite its weak opening showed strong upmove breaking the cognitive dissonance that was created by making doji candle in last few trading sessions which was very well analysed in our previous analysis wherein we expected this strong upmove. Now it can be seen closing at important level as following the previous structure it can be seen it has...
As we can see BANKNIFTY has not rallied as compared to NIFTY and has also shown some healthy correction which can show potential upmove. We can also see BANKNIFTY forming more a W pattern in bigger TF getting rejected from important trendline support signifying the uptrend hence we may expect a strong upmove in coming trading session is BANKNIFTY manages to hold...
As we can see NIFTY can be seen forming more like a double bottom pattern with previous rounding bottom being smaller than previous bottom which shows bulls are stronger as they are not letting bears break their lows hence it can seen NIFTY trading at important neckline of the pattern hence why closing above the given pattern could show another mind boggling move...
As we can see we saw another rally in BANKNIFTY despite being sideways in the first half but closed at a crucial zone. In bigger time frame, we can see it forming W kinda pattern with multiple tests which has potentially made the zone much weaker! Hence if BANKNIFTY opens flat to weak any breaks today’s high then we may see a strong upmove but if opens very strong...
A well anticipated move came up as we had been analysing since last few analysis being every dip as a buying opportunity. Now watching at bigger time frame, we may see expect another strong upmove till its ATH if BANKNIFTY manages to sustain itself above 46000 mark as it can still be seen in accumulation phase since past few days so plan your trades accordingly.
As we can BANKNIFTY showed strong upmove as analysed in our previous analysis and we did see close to 2 percent upmove in single day and hence we still stand by our saying of buying the dip till our zone is respected but each time the zone gets weaker hence more of tests of the demand zone could lead to huge downfall as it would break both the trendline and the...
As we can see despite the strong downfall in BANKNIFTY, it couldn't break and sustain below the trend line and showed slight recovery in final closing hours and closed above the trend line. Now we may expect BANKNIFTY to open strong and recovery and our view still remains intact to buy the dip till it closes below the trend line for a good unidirectional fall so...
As we can see despite the strong downfall we expected a strong rejection and we did see that exactly from our given levels and recovered almost 1.5. percent single day. Now we can further expect a recovery unless over zone is protected and every dip could be a buying opportunity till election but if manages to break below then we may see a strong downfall which...
As we can see despite the strong fall as we analysed in our previous analysis, we can see BANKNIFTY trading at very important demand zone which is followed by a trendline acting as a support hence we might see a strong reversal if BANKNIFTY opens flat but if fails to sustains itself above then we may see a strong sell off in coming trading session which is less...
As we can see despite NIFTY maintaining itself above our zone, it had been continuously getting rejected at higher levels leading to sideways to negative market despite strong opening. It can also be seen in a distribution phase after a strong rally hence we must be cautious now as any weakness could lead to a big fall in index for a minimum of 2-3 percent in...
As we can see NIFTY reversed exactly from our given level as analysed in pure previous analysis. Now it can see be seen in more like inverted head and shoulders pattern in smaller time frame! If NIFTY opens flat to weak and breaks its neckline then we can again expect a unidirectional upmove in NIFTY so plan your trades accordingly
As we can see NIFTY despite opening strong failed to sustain itself at higher levels leading to unidirectional fall in second half as analysed in our previous analysis about the possible trend change. Now NIFTY can be seen trading at important demand zone and the lower zone could act as an important SUPPORT hence till NIFTY manages to sustain itself above the...
as we can see NIFTY despite giving huge breakout out of inverted head and shoulders pattern ended up closing at the neckline of the pattern with big tail above showing the sellers dominance hence if NIFTY couldn't sustain above then neckline and breaks below then we may see NIFTY getting weaker and could hive rise to a new trend that is DOWNTREND so plan your...
As we can see BANKNIFTY has formed more like an inverted head and shoulders pattern in smaller time frame and BANKNIFTY has just REVERSED from it’s important DEMAND ZONE and hence it could be considered as further continuation of the uptrend hence any closing above the trendline could be a good buy but we must also be aware of the possible trap by creating...
As we can see NIFTY showed strong recovery despite us expecting weakness in NIFTY. Now that NIFTY has closed around its crucial level which has been tested multiple times now already making it weaker hence now any flat to weak opening with strong buying in first half could show another unidirectional upmove. The move tomorrow could also be influenced by INTERIM...
As we can see despite the strong uptrend, NIFTY got rejected as it couldn’t sustain itself above our given level and fell unidirectionally as analysed in our previous analysis. We may see NIFTY to remain sideways to negative despite strong opening unless it breaches upward zone. We may also see NIFTY reaching the lower trendline if couldn’t hold itself so plan...
As we can see NIFTY showed unidirectional upmove which as expected as we had analysed in our previous BANKNIFTY analysis. Now NIFTY can be see standing at make or break level closing at very important level which has been tested multiple times making it weaker hence any closing above the given level could show another unidirectional move but can act as a strong...