As we can see after an unidirectional move from our demand zone, BANKNIFTY can be seen heading towards important supply zone mentioned in the chart around 43700-43900 levels which previously acted as strong demand zone hence since it’s the first time this levels are getting tested, we can expect a rejection from these levels so plan your trades accordingly
As we can see NIFTY has finally broken 19200 level with a strong opening and also managed to close above 19200 levels which shows the probable big move which can be expected in coming trading sessions so plan your trades accordingly.
As we can see NIFTY had been sideways throughout the day as analysed in our previous analysis but now watching the global views we can expect NIFTY to open strong and any opening above 19200 could show a potential strong unidirectional upmove but if fails then another volatile to negative day can be witnessed so plan your trades accordingly l.
As we can see NIFTY showed unidirectional fall after getting rejected from the neckline of the head and shoulders pattern. Now we can say that NIFTY is yet to remain sideways to negative in common trading sessions despite its short term up move as space is left for NIFTY to fill hence till either if the zone is broken and sustained, we can expect NIFTY to remain...
As we can see despite strong opening of NIFTY, it failed to sustain itself above the zone and fell unidirectionally as it was the neckline of the head and shoulders pattern which we analysed in our previous post. We also expected it to break if tested but it fell without taking any time, hence in coming trading sessions if NIFTY regains 19200 levels and...
As we can see NIFTY has recovered almost 200++ points from our demand zone as analysed. Now we can expect NIFTY to recover more of 100 points till its next prominent RESISTANCE lying around 19200 which is set to be broken after a trap as it can be seen as a very obvious RESISTANCE so plan your trades accordingly.
As we can see NIFTY has REVERSED exactly from our given levels of 18870, now that NIFTY has shown more than a percent move in a single day, we can expect NIFTY to continue the further RECOVERY till 19200 which acted as a NECKLINE for HEAD and SHOULDERS pattern and fill the gap. On the other hand, we can expect NIFTY to further fall keeping note of weakening of...
As we can see NIFTY has continued showing bearishness since last 5 days now without taking SUPPORT at demand zones we mentioned but we can expect next few upcoming couple to trading day as last fall till 18600 levels from where the bull run actually started which can potentially act as a SUPPORT so plan your trades accordingly everyone
As we can see NIFTY has finally broken down its important SUPPORT of 19200 levels and as analysed, it fell unidirectionally as of now. Now that NIFTY has finally broken down its important SUPPORT we cannot see any eminent SUPPORT till 18870 but we have always seen that market always does opposite of what its shows so plan your trades accordingly.
As we can see NIFTY broke its SUPPORT and fell unidirectionally as analysed in our previous analysis that the SUPPORT has been tested multiple times and any closing below the psychological level could lead to a good fall and we did see that exactly. Now watching the global cues we can expect NIFTY to open flat to positive but we can see NIFTY ranging from the...
As we can see NIFTY had been rejecting from 19500 level zone since last month making it weaker. Hence more retests of the given level could lead to breach of the level resulting in good fall. Till NIFTY secures our psychological level of 19500, we can still expect a strong RECOVERY in the first half so plan your trades accordingly.
As we had analysed in our previous post that we might see NIFTY heading towards 19500 levels which could act as a POTENTIAL SUPPORT and we can expect REVERSAL from here and we did see that but closed below our zone which shows our levels has been acting well hence we can expect NIFTY to reject and respect our levels before finally breaking out huge so plan your...
As we analysed in our previous analysis that NIFTY will remain bullish till it maintains itself above the trendline but it failed to take support and fell unidirectionally as analysed. Now that NIFTY has closed above our level, we can still expect a good fall till 19500 which is a psychological level and can act as a potential SUPPORT so plan your trades accordingly.
As we can see NIFTY again maintained itself in the range despite opening strong, it hit our upper level of 19850 and got rejected and fell in second half after much of consolidation. Now that NIFTY has managed to maintain itself above the trendline, it can further broke the above level with unidirectional move but if NIFTY breaks the trendline below, we can again...
As we analysed that NIFTY could probably stay inside the range between 19660-19800 as mentioned in the chart and it exactly did and remained sideways throughout the day. Now we can stay intact with our analysis as we could only witness directional move if it sustains above or below or given levels so plan your trades accordingly.
As we can see NIFTY had been negative to sideways throughout the week as we analysed that NIFTY can show rejection around 19850-19880 levels as there is a pending gap which can act as a POTENTIAL RESISTANCE. Now that NIFTY had been sideways for quite some while, we can expect NIFTY to stay in this range of 19600-19800 until either side break could give an...
As we had analysed in our previous post that NIFTY is heading towards important RESISTANCE and we might see some rejection from those levels and we did see that. Now following the global cues, we can expect NIFTY to open weak but if it manages to open around 19700 then we can see a short covering in first half so plan your trades accordingly.
As we can see NIFTY managed to continue its rally as analysed in our previous post. Now that NIFTY had shown unidirectional move, we must expect some retracement from here now. the most eminent RESISTANCE can be the gap which is pending from 19850-19880 which could act as a possible resistance so any signs RESISTANCE around the given zone should show great...