Bank nifty seems to move till 36800, but a small correction is much needed till 38500-3700. So once the level is reached then bank nifty will fall or else if the 38500-38700 resistance is broken then again upward move can be expected. So kindly plan ur trades properly as per ur analyzation.
Bank nifty has reached its right shoulder level so there could be a little re test of correction in the down trend. So if any one is in buy trend kindly make ur analysis and adjust ur positions. And the analysis which is shared here is only for education purpose and i might be wrong in my analysis too. So kindly do ur own analysis and take ur trades.
As we could see that in the last week the crude oil has broke the descending channel break out and gave a bullish movement and now the retrace too has been given. So once the price closes above 91.62 in four hours or in daily cancel then the price would go to 97, 101 and don on. So kindly take ur own analysis and start ur tradings.
Kindly take long if the resistance is broken or else take short if the support is broken. Do your own analysis before taking trades.
Crudeoil is now at buying level so we can expect till 110.9 as it is the good resistance level. Kindly do your own analysis and enter the trade. My view is long till 110.
Kindly take decision wisely don't get trapped easily like me
Most probably nifty is going to go down to the level of 14300. So its quite good to have ready with PE.
Be careful if the level breach 114.95 then there would be free fall
As we can c the trend is in continuous bearish view, the next entry will be around 31223-3120; and the target will be around 3050-3020. The levels mentioned in the chart and in the post are according to my view of learning. So kindly check in the possibilities and then enter your trade. As markets are subjective to risk factors.
All the indicators are defining the trend in sell. so kindly wait to break the support level of 3125-3120. Then for sure the interaday traders can gather of minimum 50 -60 points. its just a view of mine. not for recommendation to others.