As we can see NIFTY reversed exactly from our given level as analysed in pure previous analysis. Now it can see be seen in more like inverted head and shoulders pattern in smaller time frame! If NIFTY opens flat to weak and breaks its neckline then we can again expect a unidirectional upmove in NIFTY so plan your trades accordingly
As we can see NIFTY despite opening strong failed to sustain itself at higher levels leading to unidirectional fall in second half as analysed in our previous analysis about the possible trend change. Now NIFTY can be seen trading at important demand zone and the lower zone could act as an important SUPPORT hence till NIFTY manages to sustain itself above the...
as we can see NIFTY despite giving huge breakout out of inverted head and shoulders pattern ended up closing at the neckline of the pattern with big tail above showing the sellers dominance hence if NIFTY couldn't sustain above then neckline and breaks below then we may see NIFTY getting weaker and could hive rise to a new trend that is DOWNTREND so plan your...
As we can see BANKNIFTY has formed more like an inverted head and shoulders pattern in smaller time frame and BANKNIFTY has just REVERSED from it’s important DEMAND ZONE and hence it could be considered as further continuation of the uptrend hence any closing above the trendline could be a good buy but we must also be aware of the possible trap by creating...
As we can see NIFTY showed strong recovery despite us expecting weakness in NIFTY. Now that NIFTY has closed around its crucial level which has been tested multiple times now already making it weaker hence now any flat to weak opening with strong buying in first half could show another unidirectional upmove. The move tomorrow could also be influenced by INTERIM...
As we can see despite the strong uptrend, NIFTY got rejected as it couldn’t sustain itself above our given level and fell unidirectionally as analysed in our previous analysis. We may see NIFTY to remain sideways to negative despite strong opening unless it breaches upward zone. We may also see NIFTY reaching the lower trendline if couldn’t hold itself so plan...
As we can see NIFTY showed unidirectional upmove which as expected as we had analysed in our previous BANKNIFTY analysis. Now NIFTY can be see standing at make or break level closing at very important level which has been tested multiple times making it weaker hence any closing above the given level could show another unidirectional move but can act as a strong...
As we can see despite the weakness, BANKNIFTY managed to close strong with hammer kinda candle in daily time frame. Despite BANKNIFTY closing below the psychological level, we can still expect BANKNIFTY to show strong reversal which could also be fuelled by the approval of LIC which can have over 9.99 percent stake in HDFCBANK so plan your trades accordingly.
As we can thought we opened weak but managed to close strong well above 45000 which is a psychological level but the bears are always taking over despite bulls try. We can see more of downfall in coming trading sessions if BANKNIFTY couldn’t hold itself above 45000 which could give rise to a new trend till then BANKNIFTY could remain sideways to bullish with...
As we can see BANKNIFTY showed unidirectional downfall which was completely unexpected as we decided a good upmove if BANKNIFTY opens flat but it opened with huge gap up and fell unidirectionally but we can see BANKNIFTY managed to close above 45000 mark which could potentially act as a psychological and SUPPORT hence if BANKNIFTY manages to open flat to slight...
As we can see BANKNIFTY is showing signs of REVERSAL around trendline which has been respected by BANKNIFTY in bigger TIME FRAME. Hence if BANKNIFTY opens flat and crosses 46200 then we might see another strong unidirectional upmove in BANKNIFTY so plan your trades accordingly. JAI SHREE RAM
As we can see NIFTY managed to remain sideways to bullish as we analysed in our previous analysis! We also saw NIFTY taking support at trendline. Now watching the global cues we can expect NIFTY to open strong but it will be important to see if NIFTY manages to sustain itself with that strength as it could be influenced by RIL results so could remain volatile...
As we can see NIFTY finally showed unidirectional fall after resisting from our previous acting SUPPORT but managed to recover almost in V SHAPE. Since looking at chart it makes very evident that NIFTY should resist from here and continue its fall but market also does opposite of what’s most expected hence we can expect NIFTY can show temporary weakness but...
As we can see NIFTY has shown strong bearish candle but managed to close above our given level but this level has been tested many times now making it very weak hence if NIFTY manages to open above 21450 and breaches our level we may see another 200-300 points unidirectional fall and agressive short positions can made with great R:R so plan your trades accordingly guys
As we can see despite the strong move BANKNIFTY couldn’t close above 48250 and remained sideways to weak throughout the day forming DOJI kinda candle in daily time frame showing indecision hence can be sought that it has taken the liquidity and ready to create a panic for buyers hence we can expect a weak opening creating panic before finally continuing its rally...
As we can see BANKNIFTY can be seen forming a flag-pole pattern which signifies a trend continuation pattern hence any closing above the flag and given level of 48250 could be a good buy for a new ATH so plan your trades accordingly
As we can see NIFTY showed an unidirectional up move as analysed in our previous analysis that if we won’t be able to see a good move unless the trend line is broken but we did see a strong opening with proper sustainment which followed by a good up move. Now that NIFTY is trading at its ATH, we may see NIFTY continuing its uptrend till 22000 which is its...
As we can see despite the attempt to break the trend line, it failed and remained negative throughout the day as analysed in our previous post but we can now see that NIFTY has tested both its sides i.e SUPPORT and acting RESISTANCE which makes the trend line weak hence any closing above the given trend line could be a good BUY else we can see another sideways to...