johnyjoy

johnyjoy

You can trade between the levels. No clear Indications at this point

johnyjoy

Next crucial support is at 21500 levels. If Banknifty is bearish tomorrow then we can expect a drastic fall in the market like the March-April times. If the Banknifty is bullish and breaks the 22500 and 22800 resistance then we can expect a test of 24000 and an overall desire to go back to the pre corona levels. Always keep an eye on the pivot levels. I am...

johnyjoy

For educational purpose only

johnyjoy

Point A indicates classical case of testing. Market is being tested before going for higher grounds. Point B indicates zone of potential accumulation. Market makers might have accumulated here. If market doesn't fall below the current low levels, we can expect an up-move and possible breaching of 23000. Disclaimer: Trade at your own risk!

johnyjoy

The Zig-Zag trend line pattern which i invented a few minutes ago shows that the market will fall for the coming week. The volumes are low too. So we can expect that the distribution phase is over. Disclaimer: I hardly have 1 year trading experience. Needless to say: All investment ideas published are for educational purpose only. Investors are fully...