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As we can see BANKNIFTY got rejected exactly from the trendline though it recovered a little but ended up making an inverter hammer candlestick pattern in weekly timeframe showing that he selling pressure that BANKNIFTY is facing. Hence we can stand by our view that until and unless the structure is breached above no new fresh long positions should be made as the...

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As we can see despite the strong opening BANKNIFTY failed to sustain at higher levels and ended up being sideways to negative as we had been analysing in last few posts. As we can see BANKNIFTY has more one day end the week, we may expect any closing of this week’s candle inside the structure as a zone of sluggishness on the other hand if closes above the zone we...

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As we can see BANKNIFTY maintained itself strength and closed strong but below the structure hence as long we are blow and inside the structure. We may expect sluggish market so plan your trades accordingly

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As we can see we can finally see signs of REJECTION in BANKNIFTY in weekly time frame. It exactly replicates the analysis we had been doing since last few days that as long as BANKNIFTY maintains itself In a structure, it could remain sideways to negative unless it breaks off the structure for a directional move so plan your trades accordingly.

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As we can see BANKNIFTY despite being in structure managed to close strong though we expected it to maintain a sideways to negative market which shows the immense strength. But in a bigger picture it can be seen forming more like rising wedge pattern which is a strong bearish structure hence as long as the structure is not broken above, every rise can be sold.

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As we can see BANKNIFTY has finally started to correct itself after hitting its crucial trendline resistance. We may expect a healthy correction before finally continuing its bull run. As long as BANKNIFTY remains below 52500, we may expect BANKNIFTY to remain sideways to negative to plan your trades accordingly.

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As we can see BANKNIFTY after much strength is heading towards its important trendline support followed in monthly chart. It can be seen in the form of rising wedge pattern. After much of rally, the participants are in greed which which is also a matter of caution hence aggressive LONGS should be avoided for now till the trendline above is not breached so plan...

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As we can see NIFTY managed to sustain itself at higher levels despite weak opening and achieved new ATH despite we were planning for short side. Now that we can see NIFTY has breached the structure and sustained itself at higher levels, Only opening could lead to further moves. If opens weak then we may again see NIFTY whirling inside the structure leading to...

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As we can see despite NIFTY’s strength, it couldn’t break above the structure and closed inside the structure which can result in sluggishness. Hence as long as NIFTY is between the structure we can’t define any specific directional move and can expect a sideways to weak market in coming trading sessions so plan your trades accordingly.

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As we can see BANKNIFTY has formed more like flag-pole pattern which is also a bullish continuation pattern. Any closing above the structure could lead to another strong upmove in BANKNIFTY so plan your trades accordingly.

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As we can see after much of consolidation, NIFTY managed to close itself below the structure making it weak . Hence if NIFTY manages to open inside the structure then we may see a recovery else every rise could be a selling opportunity so plan your trades accordingly.

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As we can see NIFTY had been following the structure since last week now and has been more like sideways ever since. Finally after a series of channelised consolidation, we can expect a break anytime sooner in NIFTY with directional move so we can make any new position on either side break so plan your trades accordingly.

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As we can despite the strength NIFTY is maintaining itself in a tight channel which could be very crucial deciding its upcoming trend. Any closing above or below the structure could lead to strong movement so plan your trades accordingly.

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As we can see NIFTY has shown strong buying pressure forming an inverted hammer and hence as long as NIFTY maintains itself above 23500, every dip is a buying opportunity so plan your trades accordingly.

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As we can see NIFTY after much consolidation has formed more like flag-pole pattern in bigger TF which is also a bullish continuation pattern. Any closing above given level could lead to unidirectional upmove so plan your trades accordingly

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As we can see despite various attempts and strong openings, NIFTY ends up closing in red facing resistance from the structure hence we can expect NIFTY being sideways to negative till it is below the structure. On the other hand, we can see NIFTY forming more like flag-pole pattern which is a trend continuation pattern hence we may expect a strong unidirectional...

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As we can see NIFTY has been getting rejection from the structure since last few days now but hasn’t broken any lows as such of the consolidation hence as long as NIFTY maintains below the structure, we can expect sideways to negative market unless it breaks either side for a unidirectional move so plan your trades accordingly.

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As we can see NIFTY can be seen taking a halt as we had analysed in our 2 days back post that the market tends to take a halt when a big move is made to confirm the further continuation of upmove or correction. Hence we can expect NIFTY to remain sideways before finally moving big. Any closing above the structure could result in massive strong trend so plan your...