As we can see BANKNIFTY remained more like sideways to negative throughout the day after rallying for past two days. We can expect further rally from here till it maintains itself above the structure so plan your trades accordingly
As we can see BANKNIFTY continued its rally as expected and analysed in our previous analysis. Now we can expect BANKNIFTY to further continue its rally till the given level which could act as a good resistance as the gap has not been respected which can act as an order block so plan your trades accordingly.
As we can see BANKNIFTY exactly reversed from our given trendline as analysed in our previous post. We also saw multiple signs of rejection from the trendline and we did see a great 500++ point recovery from there. Now based on the candle formation , we can expect BANKNIFTY to rally more of 1000-2000 points in coming trading sessions so till results are declared...
As we can see BANKNIFTY has not yet breached the lower trendline despite NIFTY’s weakness which has breached the lower channel. Though BANKNIFTY is yet to take support at lower trend line, we may expect BANKNIFTY to show REVERSAL from given zones hence any signs of REVERSAL at the trendline could be a good buy keeping SL closing basis below the trendline so plan...
As we can see NIFTY broke down our channel and fell unidirectionally despite our view being on the buy side as we expected a strong REVERSAL from given levels. Now we can see it has formed more like a marabozu candle in daily time frame showing weakness hence if NIFTY opens weak to flat then we may see another strong downfall else if opens strong and inside the...
As we can see NIFTY despite its weakness managed to close itself in green and inside the trendline as expected and analysed in our previous analysis. Now we can start making new long positions keeping SL at the lows of previous candle for a minimum of 1:3 positional basis. Plan your trades accordingly.
As we can see we saw the bearishness we expected and analysed in our previous post. We also saw it taking support at our trendline which could possible act as a strong SUPPORT and hence as long as NIFTY is taking support we can see a strong upmove. No donwside can be planned now as long as the structure is maintained so plan your trades accordingly
As we can see NIFTY had been sideways to negative as analysed in our previous analysis . Our view remains the same as long as NIFTY maintains itself below the median hence we may see more of correction till 22150 which is expected to act as a good SUPPORT being a GAP where supposed REVERSAL can be expected so plan your trades accordingly.
as we can see, despite the new ATH, NIFTY faced strong rejection which led to the fall over 1 percent in the single day. the zone as of now has been tested multiple times now making it weaker hence no matter what new low NIFTY makes, if any more tests are done the we may see new ATH another unidirectional rally so plan your trades accordingly.
As we can see despite the weakness, NIFTY managed to sustain itself and has closed in more like inside candle structure. Any closing above previous day could result in new ATH for NIFTY so plan your trades accordingly.
as we can see BANKNIFTY has finally achieved its new ATH surpassing NIFTY in terms of market strength but has formed an alarming structure. it can be seen in more like rising wedge pattern and it got rejected recently by the trendline resistance hence as long as BANKNIFTY manages to sustain itself above 49000 mark being a psychological level, every dip is a buying...
as we can see despite the strong opening, NIFTY managed to remain more like sideways to bullish which was surpassed by BANKNIFTY as it rallied over 1.5 percent but closed at important median hence we can expect NIFTY to remain sideways to negative tomorrow till it is below and trading along the median so plan your trades accordingly.
as we can see despite the strong trend, NIFTY failed to close above our median and got rejected leading to unidirectional fall. Hence as long as NIFTY couldn't maintain itself above the given median, we can expect more of sideways to negative market so plan your trades accordingly
as we can see NIFTY moved strong after breaking inverted head and shoulders pattern as analysed in our previous post and has also closed strong. now following the global cues, we can expect NIFTY to open weak but as long as we are above 22525 mark every dip is a buying opportunity so plan your trades accordingly.
As we can see NIFTY got rejected exactly from the median as analysed in our last post. We still expect NIFTY to remain sideways to negative below the median unless it breaks and sustains above hence we can expect a good upmove if breaks above as it can be seen forming more like an inverted head and shoulders pattern so plan your trades accordingly guys.
As we can see despite the strong opening around our given levels provided in our previous post it fell and remained sideways to negative throughout the day and hence is expected to remain the same unless NIFTY breaks above the median of the channel. We may see new ATH in NIFTY if it closes above the median and our important zone till then we can expect sideways to...
As we can see NIFTY though opened strong but fell through eventually it recovered and has formed more like a hammer candlestick pattern showing the dominance of buyers hence till NIFTY maintains itself inside the zone, every dip is an buying opportunity. Now we can expect NIFTY to reject at given levels as this level had been an median between the channel and...
As we can see despite the weak opening NIFTY recovered strongly and manages to close itself inside the trendline which shows the structure is still intact. Now next eminent resistance can be seen is around 22200 level which has been acted as a level of indecision for quite some time now hence we may expect NIFTY to reject around those area till it finally breaks...