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as you can see its been 2 weeks that BANKNIFTY had been maintaining itself in a range and had been in consolidation and as we always say that the more it consolidates the better the breakout can be, hence we can expect a minimum of 400++ points move if either side of the level is broken and sustained! important levels to look at now are 38000 UPSIVE as being a...

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As we discussed in the last analysis that if banknifty opens weak then we can see banknifty taking support around 37200 and reverse! we did see the same scenario today as it filled the gap and reversed closing in green, in smaller time frame we can see more like a triple bottom showing strength and hence any sustainment above 37900 could break 38000 psychological...

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As we can see though BANKNIFTY opened weak, it showed some strong recovery in the first half but ended up sideways after getting rejected from the psychological level of 38000! it is good to see that the trendline is still being respected and hence unless the trendline is broken below we cannot decide for new selling position, if opens gap down then again we can...

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As you can see though BANKNIFTY had been falling since last 3 days and filled a gap till 37200, finally showed some strength after gap filling! further we can see it is still respecting the trenline shown below confirming the uptrend hence we will not make any new short position unless the trendline is broken below, one the other hand we can see further bull run...

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As we can see BANKNIFTY had been sideways since last 3 days now! this range could be very cruical as the gap is still pending till 36700 which is the next important support! hence if tomorrow banknifty sustains below 37500 we can again see a good fall till 37000 which is an important psychological level

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as we can see one sided fall shown after opening weak but took support at 37500 which is an important psychological level hence tomorrow this can also act as an important level and flat to weak opening can fill the whole gap is sustained below 37500 we can expect till 37200-37000 respectively so keep watching on the other hand if opens strong we can see sideways market

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As we analysed that it is getting rejected from the given trendline and remained sideways throughout the day but did close above 38000 hence we can still expect bullishness if opens strong but if opens weak or flat we can expect 38000 to act as a strong RESISTANCE and continue to fall and expected to fall till 37200 ! so tomorrow’s direction completely depends on...

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As we analysed yesterday that it was trading at important level as resistance was very eminent but it gapped up huge which was above resistance and continued its rally all way through! now we can see BANKNIFTY resisting or getting rejected from a trendline resistance but it has been tested multiple times and hence we can again expect a breakout if today’s trading...

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As we can see NIFTY though it is showing strength but now trading at very crucial level and a strong RESISTANCE! Levep to watch is 17800 which is also a psychological level and has reacted multiple times from that very level hence we will have to wait for nifty to close above this given level for confirmation of further bull run else we can see NIFTY getting...

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We analysed this BREAKOUT well before with proper analysis, if missed our analysis please go through that! now as we can see it did breakout but we can see multiple levels above that could act as a good RESISTANCE and a important level to watch is 37800 wherein multiple rejections has been seen ! hence we can again expect banknifty to remain sideways as it would...

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As we discussed yesterday that BANKNIFTY is heading towards very important RESISTANCE which is 36500 which had previously acted as a strong SUPPORT, today we saw exact strong rejection from this level itself but it should be noted that this level has been tested multiple times and hence more testing of this level could give big breakout and big move upside, also...

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As we can see 36500 has acted as a very strong SUPPORT wherein multiple rejections can be seen, now it is heading towards the same level which will now act as a RESISTANCE and hence we can again expect a range bound to nwgative market if opens flat or weak but can expect a trending day if opens above 36500 which is a psychological level and sustains

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as we analsyed yesterday we saw a sideways market but heading towards an important psychological level which can also act as a resistance and hence we should now wait for BANKNIFTY to sustain above the given level hence important level to watch is 36000 for tomorrow, if opens weak then again we can see BANKNIFTY sideways

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as we analysed BANKNIFTY did fell more than 400 points from 35400 and finally took REVERSAL from 35000 which is also a psychological level and finally showed some strength and closed around 35700, important level to watch for tomorrow is 35800 as this level has been tested multiple times and flat opening and crossing the given level can give good move upwards, on...

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As we analysed yesterday that we might see weakness below 35400, but it did opened gap up and hence though it broke below 35400 it did closed above 35400 giving a hope for some Reversal! Again if it opens gap up we might even see a strong Reversal on the other hand if opens flat to weak, we might see one sided fall of 400++ points so keep watching 35400 being an...

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As analysed we did see a sideways to volatile market today and BANKNIFTY is yet to decide the trend, we can see 35400 has acted as a strong support previously and shown a strong reversal from that very area and hence we can again expect a Reversal if it doesn’t sustains below 35400, on the other hand if it opens weak then we can expect 35400 to act as a strong...

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as we discussed in the last analysis that though it showed some strong recovery from our support, same it got rejected from 36800 despite of its strong opening, we even told that the trend is yet to be decided unless it breaks and sustains on either side and we would still stand by that analysis as it could continue being volatile throught unless it breaks either...

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As analysed yesterday we mentioned few levels for both sides and as analysed it did fell till 35400 in the first half from 36000 which is an important SUPPORT as told and REVERSED almost 1000++ points from that very level! now it is heading towards important RESISTANCE which previously acted as a stromg SUPPORT and hence we should still not make any new position...