Bank Nifty Price Time Level is 48683.30 Current High is 48636.45 Level below to watch is 48133.30 Above 48683 can move to the next Price Time Level. Short term traders can watch both levels Happy Trading !!!
Time to watch will be 4 the week of Jan 2024. Price squaring level is 4795 recent high is 4793.30. Above 4795 price will be ahead of time. Critical time period is 2nd week to 4th week of Jan 2024. 😊
Bitcoin Futures are taking pause at the 50% of the short term range which is 42240. Momentum was seenon crossing the 50% of the long term range which was 36061. So Long Term Trend is UP above 36061. Short Term Trend momentum can be seen above 42240 with Targets at 46602. Further Long Term Targets at 50803 and 52531 where major profit booking may be seen.
Price action has corrected to the 75% of the range on weekly timeframe. Investment can be considered at current levels with targets as per percentages on chart with swing low as stop loss
Bank Nifty Index moved yesterday above 87.5% percent of the hourly range and close above the range. Important trading level to go long or short is 48220 as seen in chart. Imp hourly candle could be 1 pm hourly candle.
Nifty 50 Index has important trading level to watch at 21590 for intraday traders to go long above and short below. Important hourly candle will be 2 pm candle.
Both the levels marked on chart are important for rise or fall on the index. Use them as decision making levels for moves above or below them. If it remains between then playing the range can be a trade for very short term traders. Happy Trading !!!
Bitcoin found big resistance around the 43922 levels recently after the high at 44409. Its currently poised at the 50% level of the range at 42461 which can be used as decision making level for planning trades ahead.
Bank Niftyindex after being resisted twice at the 87.5% level has fallen nearly to 50% levels at 47363.55 with lows around 47410 to 47225 levels on the hourly chart. Bank Nifty Index leading the correction compared to Nifty 50 after ATH formed. Both indices have retraced down and taken support at 25% levels respectively. The 75% level at 47791.75 has acted as...
Nifty 50 Index is resisted at the 87.5 percentage level at 21479.40. Growth or higher can be seen above this level. If resisted her it may to the 75 percentage level at 21378. Personally dont like thin body candles which alert me to be ready or move on either side.If you see the price actiob before the ATH we had a long consolidation in between 75% and 87.5%...
Nearing channel top ...too early in the month... color of the important..
Spot Bank Nifty Monthly chart with Standard Pitchfork