As we can see BANKNIFTY has been in W pattern and had been in consolidation around the neckline which shows the buyers are accumulating, but for confirmation wait for BANKNIFTY to close above 41700-41800 level hence we can expect BANKNIFTY to show strong upmove above 41800 so keep make position accordingly as the neckline has been tested multiple times making it...
As we can see BANKNIFTY has been consolidating around its neckline of the supposed W pattern, despite opening weak to being negative, it finally reaches and closes around being positive hence any flat to positive opening in BANKNIFTY can show big breakout above but if opens weak then we can see BANKNIFTY remaining sideways to negative throughout the day so...
As we can see BANKNIFTY had been in consolidation and trying to break it's neckline multiple times but couldn't sustain above the given level finally closing at flat levels but we know that greater the levels are tested the more it becomes weaker hence we can expect BANKNIFTY to break the neckline around 41700 with proper closing for good 400-600 points upmove so...
As we can see BANKNIFTY has been consolidating since very long and had been in a small range but we did see a strong recovery in the last hour showing chances of breaking the resistance which has been tested multiple times already and in smaller time frame we can see more like a cup and handle pattern which is a strong sign of upmove if breaks its neckline which...
As we can see BANKNIFTY had been sideways throughout the day as we analysed based on the flat opening we can again see sideways to negative market tomorrow if opens weak to sideways, we can only see a trending market if BANKNIFTY is ablw to sustain above 41700 levels and close above for confirmation so keep watching everyone
As we can see BANKNIFTY has formed more like a W pattern in bigger time frame exactly getting rejected from our important demand zone and recovered almost 2000++ points, now we can see BANKNIFTY at important at resistance and hence if BANKNIFTY opens flat we can see BANKNIFTY to remain sideways for now before finally breaking out hence we can expect sideways...
As we can see BANKNIFTY again showed strong rejection from our demand zone and showed strong upmove from that very demand zone. Also we can see BANKNIFTY forming more like double bottom pattern and the neckline being 40800 hence we can see BANKNIFTY showing uptrend hence any gap down around demand zone we can again see huge uptrend around it hence unless 39500 is...
As we analysed BANKNIFTY showed strong upmove based on the analysis but got rejected around 42000 which we expected around 41700 and fell straight up 2000++ points to 39500 which was our strong SUPPORT and reversed exactly from our levels hence we can expect BANKNIFTY to remain sideways to volatile in this range and now confirmed rally can be expected unless...
As we can see BANKNIFTY reversed exactly from our zone and showing unidirectionally upmove now closed at very important level of inflexion, not taking consideration of the oncoming budget, watching technically we can see BANKNIFTY strong and ready to fill the gap till 41500 which is its next psychological level but it could be done with immense volatility so keep...
As we can see BANKNIFTY exactly took support at our psychological level and reversed exactly from there and moved over 1000++ points from there now closed above 40000 psychological level hence as long as BANKNIFTY is sustained above 40000 level we can still make new long positions till 41600 so keep watching everyone
As we can see BANKNIFTY fell one sidedly as we analysed now it can be seen trading around its psychological level of 40000 which is a strong demand zone, we might see BANKNIFTY to fall further below 39500 but closing abpvw 40000 is something we are looking for another uptrend to continue so keep watching everyone
As we can see BANKNIFTY finally reached its strong demand zone and a psychological level of 41500 and closed above given level now we can expect BANKNIFTY to open strong tomorrow and if fails to open strong and opens around 41500 level, any signs of reversal around this area, new buying position can be made but if fails to sustain itself above 41500 level then we...
As we can see depsite the gap up opening, nifty couldn’t sustain itself and fell down over 120 points and it is pretty evident that when market makes some pattern pretty obviously it tends to work against it the very next day if opens with huge gaps but there are higher chances of nifty breaking above towards its new all time high anytime sooner
As we can see NIFTY has formed more like an inverted head and shoulders pattern which indicates a strong uptrend in coming trading sessions! important levels to watch is 18170 levels which is also yesterday’s high and a neckline to break for uptrend to continue in NIFTY
As we can see BANKNIFTY had been consolidating since last week now and no significant move can be seen past 6-10 days hence we can expect a strong and unidirectional move in coming trading session anytime sooner! for the above move to happen banknifty needs to break either of the levels which includes 42700 being a strong resistance and below the level to be...
As we can see BANKNIFTY had been in downtrend since last week now respecting a trendline, watching in a bigger time frame we can see BANKNIFTY in more like inverted flag pole pattern which is more like a bearish continuation pattern hence we can expect BANKNIFTY to break down but important levels to watch out are 41500-41800 being an very important SUPPORT and...
As we can see NIFTY had been moving up unidirectionally after breakout and hence we can expect a rejection anytime sooner around 18250 levels which had been an influence point previously and also a psychological level hence we can expect the rally to continue till 18250 before the rejection is witnessed so keep watching everyone
As we can see NIFTY being in range finally broke out of the trendline and also closed above psychological level and important support of 18000 hence we can expect NIFTY to show some great upmove till 18000 is sustained above and not broken down hence as flat opening can show the continuation of uptrend hence we can start making new long positions from here