Hello Traders, Following are my analysis: Resistance Level : 1. Good Resistance Zone exists at 35700-800. 2. Strongest Resistance at 36000 . 3. Strong Resistance at 35700 * Increasing resistance above 36000. Support Level : 1. 35500 is Strongest Support Level . 2. 35000 is a Strong Support. 3. 35200-500 is Good Support Zone . No Trade Zone :...
Hello Traders, Following are my analysis: Resistance Level : 1. Good Resistance Zone exists at 35700-800. 2. Strongest Resistance at 36000 . 3. Strong Resistance at 35700 * Increasing resistance above 36000. Support Level : 1. 35500 is Strongest Support Level . 2. 35000 is a Strong Support. 3. 35200-500 is Good Support Zone . No Trade Zone :...
Hello Everyone, I have tried my best to explain, How to trade Dragonfly Candlestick pattern ? Here, most imp point to consider is the Confirmation Candle ... why? 1. Market opened Gap down and was in the down trend, which broke the major Support level of 35000. 2. Now, this broken Support level would act as Resistance Level when market tries to reverse taking...
Hello Traders, Following are my analysis: Resistance Level : 1. Strong Resistance Zone exists at 35600-800. 2. Strongest Resistance at 35500 . 3. Good Resistance at 35200-400 * Increasing resistance above 35500. Support Level : 1. 35000 is Strongest Support Level . 2. 34500 is a Strong Support. 3. 34700-900 is Good Support Zone . No Trade Zone :...
Hello Traders, Following are my analysis: Resistance Level : 1. Strong Resistance Zone exists at 35200-300. 2. Strongest Resistance at 35500 . * Increasing resistance above 35500. Support Level : 1. 35000 is Strongest Support Level . 2. 34500 is a Strong Support. 3. 34800-900 is Good Support Zone . Sideways Possibility: More Sideways above 35000 to 35200 , if...
Please share your thoughts into the comment section.
Hello Traders, Following are my analysis: Resistance Level : 1. Strong Resistance Zone exists at 35700-800. 2. Strongest Resistance at 35500 . * Increasing resistance above 35500. Support Level : 1. 35000 is Strongest Support Level . 2. 34500 is a Strong Support. 3. 34700-800 is Good Support Zone . Sideways Possibility: More Sideways above 35000 to 35200 , if...
What Is a Double Top? A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. Or in simple words... A double top is a bearish technical reversal pattern It is confirmed once the asset's (Banknifty's) price falls below a support level equal...
Hello Traders, Following are my analysis: Resistance Level : 1. Good Resistance Zone exists at 36100-300. 2. Strongest Resistance at 36000 . 3. Strong Resistance at 36200. * Increasing resistance above 36000. Support Level : 1. 35000 is Strongest Support Level . 2. 35600-700 is a Strong Support Zone. 3. 35200-400 is Good Support Zone . 4. 35500 is Stronger...
Hello Traders, Following are my analysis: Resistance Level : 1. Good Resistance Zone exists at 35700-800 and 36200-300. 2. Strongest Resistance at 36000 . 3. Strong Resistance at 35700. * Increasing resistance above 35700. Support Level : 1. 35000 is Strongest Support Level . 2. 34500 is a Strong Support. 3. 35200-400 is Good Support Zone . Sideways...
Hello Traders, Following are my analysis: Resistance Level : 1. Good Resistance Zone exists at 35300-35400 and 35700-800. 2. Strongest Resistance at 36000 . 3. Stronger Resistance at 35500. 4. New immediate Resistance is 35300 * Increasing resistance above 35500. Support Level : 1. 35000 is Strongest Support Level . 2. 34500 is a Strong Support. 3. 34700-800 is...
Hello Traders, Following are my analysis: Resistance Level : 1. Strong Resistance Zone exists at 35200-35300. 2. Strongest Resistance at 35000 . 3. Stronger Resistance at 35500. 4. New immediate Resistance is 34900 * Increasing resistance above 35000. Support Level : 1. 34500 is Strongest Support Level . 2. 34000 is a Strong Support. 3. 34700-800 is Good Support...
Hello Traders, Following are my analysis: Resistance Level : 1. Strong Resistance Zone exists at 35200-35300. 2. Strongest Resistance at 35000 . 3. Stronger Resistance at 35500. 4. New immediate Resistance is 34800 * Increasing resistance above 35000. Support Level : 1. 34500 is Strongest Support Level . 2. 34000 is a Strong Support. 3. 34600-700 is Good Support...
Hello Traders, Following are my analysis: Resistance Level : 1. Strong Resistance Zone exists at 35200-35300. 2. Strongest Resistance at 35000 . 3. Stronger Resistance at 35500. * Increasing resistance above 35000. Support Level : 1. 34500 is Strongest Support Level . 2. 34000 is a Strong Support. 3. 34600-700 is Good Support Zone . Sideways Possibility: More...
Hello Traders, Possibility of market opening as Flat. Resistance Level : 1. Strong Resistance Zone exists at 35500-35800. 2. Strongest Resistance at 35500 . 3. Stronger Resistance at 36000. Support Level : 1. 35000 is Strongest Support Level . 2. 34800 is a Strong Support. 3. 35200-300 is Good Support Zone . Sideways Possibility: More Sideways above 35200 to...
Hello Traders, Possibility of market opening with Gap UP/Flat. Resistance Level : 1. Good Resistance Zone exists at 35600-35800. 2. Stronger Resistance at 35500 . 3. Strongest Resistance at 36000. Support Level : 1. 35000 is Strongest Support Level . 2. 34800 is a Strong Support. 3. 35200-300 is Good Support Zone . Sideways Possibility: More Sideways above...
Hello Traders, Possibility of market opening with Gap UP. Resistance Level : 1. Good Resistance Zone exists at 35200-35300. 2. Strongest Resistance at 35000 . 3. Strong Resistance at 35500. Support Level : 1. 34000 is Strongest Support Level . 2. 34500 is a Strong Support. 3. 34700-800 is Good Support Zone . Sideways Possibility: More Sideways above 35000 to...
Hello Traders, Trade safe as today is Expiry Day ... More Premium will Decay Resistance Level : 1. Good Resistance Zone exists at 34700-34800. 2. Strongest Resistance at 35000 . 3. Strong Resistance at 34800. 4. Strong Resistance Zone exists at 35100-35300. Support Level : 1. 34000 is Strongest Support Level . 2. 34500 is a Strong Support. 3. 34200-300 is Good...