momentumbuddha

momentumbuddha

Nifty has taken rejection from important levels and broke down important support of 17800. It needs to sustains above 17800 to be bullish agian. NSE:BANKNIFTY NSE:BANKNIFTY1!

momentumbuddha

BankNifty was weak on Friday. There are 2 possible moves today: 1. Friday's fall can be temporary retracements and after gap down today, it will fill gap till 38500-300 and reverse from there 2. 38500 level is good support, so after gap filling, it doesn't reverse, it will go down till 38000. NSE:BANKNIFTY1! NSE:BANKNIFTY

momentumbuddha

Nifty has given range breakout yesterday, but got rejection from 18000. There will be 2 important levels to watch out 18000 and 17800. NSE:NIFTY1! NSE:NIFTY

momentumbuddha

BanKnifty has given breakout above 39400 after 2 days of consolidation, but took rejection around 39500. Two important levels are 39500 and 39300. NSE:BANKNIFTY1! NSE:BANKNIFTY

momentumbuddha

BankNifty is looking strong compare to Nifty. It has given breakout of 100-200 points on Friday as well. There are bigger targets for BNF at 39500-40000. NSE:BANKNIFTY1! NSE:BANKNIFTY

momentumbuddha

Nifty is range bound since last 2 days between 17618-17737. Breakout can happen outside this ranges. NSE:NIFTY NSE:NIFTY1! .

momentumbuddha

Nifty has given strong breakout post 17500, after a week of consolidation. There is flag & Pole pattern forming in both 15 mins and 1 hour chart with target of 17680. There are two major levels to be played out - 17600 and 17300, if Nifty sustains above 17600 in 15 mins timeframe, please exit all short trade and if nifty sustains below 17300 in 15 min timeframe,...

momentumbuddha Updated 

BankNifty have consolidated in the 38185-37494 zone. There can be potential breakout post this zone. as we have said on Friday, W-pattern was completed. NSE:BANKNIFTY1! NSE:BANKNIFTY

momentumbuddha Updated 

Nifty has consolidated between 17238 - 17500 area. It has reversed from 17500 back to 17238 last week. Potential breakout can happen once nifty break these levels. NSE:NIFTY NSE:NIFTY1!