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More like INVERTED HEAD AND SHOULDERS PATTERN identified and also a TRENDLINE which had been acting as a RESISTANCE Now standing at MAKE OR BREAK LEVEL as break of 15745 level would not only break the trend line but also the NECKLINE of the potential INVERTED HEAD AND SHOULDERS PATTERN, but candle close is need to confirm the breakout, the safest way to make new...

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NIFTY at make or break level today You can see the multiple rejections that has been found in the chart as the lows being tested hence yesterday’s low would act as a STRONG SUPPORT, any green candle closing above that SUPPORT, new long positions can be made with very small stoplosses

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CHART IS SELF EXPLANATORY Overall the trend is bullish but momentum had slowed down, now it’s at very crucial levels as it is testing the TRENDLINE and also these levels has been tested multiple time before It has been been an area of confusion since last when traded, we can expect a REVERSAL here Else a fall is expected till 34100 before continuation of...

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CHART IS SELF EXPLANATORY! Looks weak but make sure it closes it candle below the trendline, candle must be of 1 hour time frame It’s expiry today so it could be highly volatile but we will carry on with our technicals, keep small STOPLOSSES if making new short positions GLOBAL CUES NEGATIVE TO MIXED so stay cautious

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Banknifty currently trading at NO TRADING ZONE, the levels being 34900-35150, it has been an area of confusion since last month ! Break on either side with proper candle close candle would define the next upcoming trade which could be potentially be breaking above! Even If breaks below don’t short aggressively as MAIN TREND being bullish and every dip now is a...

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Banknifty showing short term bearishness as of now Today the market could be sideways to negative based on global cues but the overall trend is VERY BULLISH! It could be a minor correction which is much needed and can fall upto 34900 if 35200 is broken Must watch level SUPPORT being S1 35200 S2 34900 RESISTANCE BEING 35600 If...

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Nifty trading at real crucial levels as it is trading in ASCENDING triangle pattern which also shows strong bullishness as 15900 being the RESISTANCE Break of this very level can give rise to 16000 level anytime sooner or even in one go! Must keep watch on following given levels

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Banknifty under perfect INVERTED HEAD AND SHOULDERS pattern identified which shows bullish continuation but not at one go! , Since the momentum done was huge on Friday, there is probable chances of market being sideways for upcoming couple of days and continue its bullishness For better confirmation make sure BANKNIFTY sustains itself above 35600 which had been...

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Perfect area to make new LONG POSITIONS! Any candle which closes above 35000 will be perfect to make new long positions ✅ We can see 35400-35800 anytime sooner if it sustains ! No new SHORT POSITION unless 34000 is breached

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BANKNIFTY gave good closing which was around the NECKLINE of W pattern! Below that 34360-34560 is a NO TRADING ZONE wherein multiple rejection has been found Our view is still bulish though the bears have overpowered bulls for some days, we can expect some SURPRISES which INDIAN market is known for ! And event being MONTHLY EXPIRY and AGM meeting of RELIANCE...

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BANKNIFTY currently trading at the neckline of W pattern which has been shown in the chart itself and last day that W pattern neckline has also been tested so there is potential chances of continuing its uptrend

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Beautiful REVERSAL was seen yesterday from 34000 levels which was pretty much expected as yesterday’s low was well respected and not broken, the reason behind the reversal was that as you go back around 21st of May you can see 34000 level has been acting a good RESISTANCE, and it’s very break gave spontaneous 400-600 point move in one go ! Now what ? It is...

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As of now BANKNIFTY seems to be under international pressure wherein in these scenario not much of technicals work but in a long run BANKNIFTY and NIFTY is still bullish! The reason being me saying BULLISH because every time the market tries making new lows, BULLS comes up and closes strong and the closing price of market is what decides the sentiments of market...

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Chart says it all As you can see multiple rejections on this trend line and level 34400-34000 has been the last swing ! It can make a low of 34000 having its FINAL SUPPORT which also has been tested multiple times ! Most probably if sustains above 34500 you can initiate a long position

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35000 has been tested multiple times and every time it broke good fall for almost 200-300 point was given keeping 35100 as support! Keeping in view the negative global sentiments only buy above 35100 is sustains and short below 35000 keeping your SL above 35100

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We can see a downtrend prevailing since the channel breakout but now it’s indicating a potential BULL RUN as REVERSAL SIGNS has been witnessed A W pattern which shows the dominance of BUYERS OVER SELLERS V shaped recovery from the panic caused by ADANI CASE A pending bull run which has already been done in NIFTY A consolidation before breakout can also be a...

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Though the news flow affected the price action a bit yesterday but didn’t affect its strength as NIFTY made 100 percent recovery which shows the strength 15830 is the level to watch as of now ! If sustains then NIFTY TO THE MOON

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NIFTY is ASCENDING triangle pattern and it can resume its uptrend 15810-15790 is a SUPPLY ZONE to look at as of now as its break can lead to further all time high Don’t shorts unless this pattern breaks with proper candle close