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we did see a range bound market after a trending day as expected and now it has formed more like a flag-pole pattern wherein the levels to watch are 40600 which acted as a major resistance on Friday and main SUPPORT being 40000 which is both a psychological level and important SUPPORT We can expect volatile to sideways market unless the levels are broken either...

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BANKNIFTY finally broke out of his week long consolidation with some good volume and in bigger time frame you can see a flag-pole pattern breakout which is also knows as bullish continuation pattern Only thing to watch is tomorrow’s opening as if BANKNIFTY opens above 40100 then we can see BANKNIFTY making new high and 40000 acting as a good support On the...

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We did expected a short term weakness but BANKNIFTY held on to its support which is around 39300 which is the support we’ve been talking about in last few trading sessions! 39300-39400 has been tested multiple times and hence , breach of this level can immediately show 39000 levels in single run On the other hand if BANKNIFTY opens strong above 39600 we can make...

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As analysed we did see 40000 in just few days! And as analysed yesterday we saw 40000 which also acted as an important psychological level and saw the reversal from that very level and filled the gap as analysed yesterday Now as you can see, we can see multiple rejections from below following the trend line and hence we can again expected 200-300 points...

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BANKNIFTY had been in range through the day after huge gap up but this range stands very important as a gap filling created by BANKNIFTY has been pending below and if anytime BANKNIFTY sustains below 39600 we can see a minimum of one sided fall of 300 points till 39300 which is the closing price for last trading session For going long it should sustain above...

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BANKNIFTY finally broke out of a range to its all time high and the trend line which it had been following since last 6 months with a big volume candle in weekly timeframe as well, further contributing to the bull run, we can see RSI about to cross 60 which confirms the further bull run! Important support to look at is 39000 which is also a psychological level...

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As analysed we did see a sideways to choppy market today, it tried to become negative after opening gap up but previous days closing acted as a good support and we saw reversal from that very area For tomorrow we can keep watch on the following two levels mentioned in the chart first resistance being 38800 and first support being 38500 which is also a...

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BANKNIFTY has achieved all our targets being 38500 and all time high now we can see it in a ascending channel pattern and is expected a rejection from top levels and remain in the channel for upcoming few trading sessions hence unless last day’s high is breached , we should not make new buying position as it could be sideways to negative

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What an amazing analysis we have been doing! As expected and analysed in BANKNIFTY, we saw ALL TIME HIGH in just single trading sessions.. on the same page NIFTY also broke its all time high today and also a pattern which is inverted head and shoulders pattern and gave closing on a very crucial zone which could be said as its NECKLINE This shows if it sustains...

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BANKNIFTY has been in consolidation since last 2 weeks with substantial uptrend move as shown in chart that it is respecting the trendline and the rejections faced from above, this shows BANKNIFTY is very good ASCENDING TRIANGLE pattern which shows a potential upmove which is expected In coming session Things to note that if BANKNIFTY doesn’t breaches 37650...

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We did expected a reversal but huge gap up opening filled up the points that was lost in last trading day, we did see a sideways market this expiry which makes it easier to identify the break on either side Currently we are preparing for upward move and expected to break 17860 in spot chart for confirmation

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It didn’t go as we analysed as we did see some profit booking at higher levels! Now it is very important to see because NIFTY closed around major support where multiple touches has been witnessed! Now it would be important to see if NIFTY respects these SUPPORTS or breaks below as if breaks below then one sharp fall can be witnessed below 17500 level else we can...

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after being sideways the whole first half, we did see some huge buying in second half with some good closing where we can also see a INVERTED HEAD and shoulder pattern breakout as its neckline being the white line shown in the chart. now the level that must been kept in mind is 17835 of which break we can expect another 80-120 points upward move and can also make...

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We will prepare for upside movement tomorrow in BANKNIFTY as we are expecting immediate buying above 37800 as today though NIFTY had been trending throughout the day but BANKNIFTY remained sideways but gave a good closing! BANKNIFTY is in more like symmetrical triangle we shows indecision but If BANKNIFTY opens flat tomorrow and as soon it breaches 37800 and...

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One can go long above 17550 for short term if sustained above on the other hand if NIFTY does close below 17440 we can expect huge downfall, market is still showing weakness as discussed in the last analysis and the very next day we saw 120 points gap down

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We did see a sideways to volatile market through the day in NIFTY and also broke the trendline discussed yesterday which had been followed by last 2 month now but didn’t moved as expected! It did closed on crucial levels as 17600 is still protected as discussed yesterday and hence break of that very level with proper candle close we can see a 100-150 points...

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NIFTY looks to be in a better shape than BANKNIFTY Level to keep at watch are 17800 on the break of which we can see another new ATH made by NIFTY On the other hand if NIFTY breaks 17600 below we can see a huge downfall of minimum of 100-150 points one sided fall because it would not only breakdown the consolidation but also break the trend line which it had...

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As expected and analysed we did saw a substantial fall below 38050 of more than 400 points and fell unidirectional KY through the day! Now watching BANKNIFTY in a bigger time frame we can BANKNIFTY following a parallel channel which is yet to be broken since last 2 month and this makes BANKNIFTY to be ready for something big as break on either side of the channel...