As we can see despite the strength NIFTY fell strongly in the last hours and can be seen closing around the suppprt which has been tested multiple times making it weaker hence any flat opening could lead to a good fall if the zone is taken out till the trendline but for the confirmation of long trend we must wait for the weekly candle to close below the trendline...
As we can see NIFTY has finally taken support at lower trendline and also broke out of a upper trendline indicating further upmove but this up coming week could be very deciding as this week could potentially define direction for coming weeks as if NIFTY closes above the trendline this week then we can see a further continuation in uptrend else if fails to sustain...
As we can see NIFTY has successfully rallied over 800++ points from our analysis, now can be seen hitting an important RESISTANCE and hence if NIFTY fails to sustain itself above the given trendline then again a sharp sell off could occur else we can see NIFTY 22000++ so plan your trades accordingly based on the closing of this weekly candle.
As we can see despite uncertainties, we analysed that NIFTY is bullish unless the trendline in breached below and is in good uptrend. Now we can stand by with our views that NIFTY could remain bullish till further upper trendline is tested which could act as a RESISTANCE so plan your trades accordingly.
As we can see despite the bearishness, we managed to see a strong REVERSAL from the trendline followed by last month hence maintaining itself in the range hence for a directional move it must sustain on either of the zone and any signs of REVERSAL around these trendline could be an great opportunity to make positions with great R:R so plan your trades accordingly.
As we can see despite the strong downfall, NIFTY managed to get SUPPORT from this trendline and REVERSED massively but it was outdone by BANKNIFTY. Now we can see despite the RECOVERY we can see NIFTY can be seen in the range from the upper trendline line and the the zone it reversed from making those two important zones NIFTY can react from unless it takes a...
As we can see we saw exactly a trap breakout creating liquidity and tumbled down sharply and fell over 500 points unidirectionally. Now we can expect more of downfall till 20300 which is the next imminent gap which could be filled and act as an important SUPPORT so plan your trades accordingly.
As we can see, we did see some sideways to bearish market throughout the day but we can also see a consolidation at higher levels which is showing signs of weakness but on the other hand we can see some strong global cues which could result in strong opening for NIFTY which could lead to potential breakout to the consolidation created by NIFTY which can give...
As we can see NIFTY started to show a negative bias as we analysed in our previous analysis and watching in weekly time frame, we can expect NIFTY to start some retracement from here and can show some gap covering move so plan your trades accordingly
As we can see NIFTY had been rallying every since it broke out of its ATH. Now we can see it had been following a trendline and rejecting exactly from that zone and the psychological level of 21500 can add further fuel to the fire acting as a RESISTANCE hence any signs of rejection around the given trendline could a good opportunity to sell keeping SL at last...
As we can see BANKNIFTY rallied over 400++ points after opening strong and went sideways! Now BANKNIFTY can continue its further upmove till 48000 which is its next eminent psychological level and any signs of rejection around given levels could lead to a good fall so plan your trades accordingly
As we can see despote the weakness BANKNIFTY managed to RECOVER close to ending up in green and has formed more like double bottom pattern showing signs of strength hence if BANKNIFTY beaches the levels mentioned and susatins itself above the given level then we can see a new ATH for BANKNIFTY so plan your trades accordingly
As we can see BANKNIFTY got rejected as analysed and fell unidirectionally despite the inverted head and shoulders breakout which was pretty easily assumed by many hence it was bound to fail hence we may expect more of downfall to create panic for buyers hence every rise could be selling opportunity so plan your trades accordingly
As we can see BANKNIFTY did showed strong up move as we analysed by failed to sustain above our given level and fell eventually which signifies BANKNIFTY is not able to hold itself in its higher levels so we may expect some rejection from here so plan your trades accordingly
As we can see despite the rejection in bigger time frame, it managed to recover almost till its ATH close on it. Watching it on a smaller time frame we can see it being in a inverted in a head and shoulders pattern which shows further uptrend hence any closing above last trading day could show huge upmove so plan your trades accordingly.
As we can see BANKNIFTY had been sideways to volatile throughout the day but ended with good recovery. Now we can still see BANKNIFTY being weak unless it breaches recent ATH swing hence unless it is broken and sustained above, it looks weak so plan your trades accordingly
As we can see BANKNIFTY has again shown sideways to negative market as we analysed in our previous post which was presumed by indecision. Now we can see BANKNIFTY is unable to hold and sustain itself at higher levels and hence we can expect some good downfall so every rise could be an opportunity to sell so plan your trades accordingly
As we can see BANKNIFTY opened strong and remained more like sideways to volatile throughout the day as analysed in our previous analysis. Now BANKNIFTY can be seen showinh signs of indecision at its ATH which is a sign of concern as unless this doji like candle’s high is taken out, we can expect some retracement in coming sessions which could be filled with...