Bank Nifty Weekly Analysis For 26-08-24 to 30-08-24 50700-50800 is the Support for Next Week. XABCD Pattern got activated. If Bank Nifty Sustains above 51100, more Upside possible and targets are 51580/52000. If Bank Nifty trades below 50700, Index will go back into Range between 49700-50700. View: Upside to sideways.
Nifty Weekly Analysis For 19-08-24 to 23-08-24 24580-24680 is the Major Resistance for Next Week. 24200-24700 is the Sideways Range for Nifty. If Nifty trades below 24200, more Downside possible and Targets are 24080/23880. If Nifty Sustains above 24700, Upside targets are 24880/25080. Note that as per our Last week View, XABCD is still intact and gets...
Nifty Weekly Analysis For 12-08-24 to 16-08-24 24580-24680 is the Major Resistance for Next Week. 24000-24500 is the Sideways Range for Nifty. XABCD Activated Below 24070. Now Nifty is giveng a Pullback. Short Confirmation is Below 23880 for the Targets of 23680/23480. Long Level for Monday is Above 24500 for the Targets of 24600/24700. Short Level for Monday is...
Nifty Weekly Analysis For 05-08-24 to 09-08-24 Daily & Weekly Trend in Nifty is Bullish. Evening Star pattern formed in Daily chart which is a sign of Reversal. Hourly Structure changed to Bearish, So we may see some correction for previous Impulsive move in the coming weeks. Short Level for Monday is Below 24680 for the Targets of 24580/24480. Long Level Above...
Nifty Weekly Analysis For 29-07-24 to 02-08-24 24500-24900 is the Range for Next Week. If Nifty Sustains above 24900, more upside possible and Targets are 25080/25380. Short Only below 24450 for the targets of 24250/24080. View: Upside to Sideways Market.
MMTC after consolidation of more than 10 years, Now giving breakout of its neckline near 90. Wait for a pull back or accumulate from 100-120 for the Targets of 200/300/400. Stop Loss is 65.
Nifty Weekly Analysis For 22-07-24 to 26-07-24 Nifty is overbought in both daily and weekly timeframes. Nifty formed a Shooting star candle in Weekly and Bearish Engulfing in Daily chart, which indicates a possible correction in the coming weeks. 24450-24850 is the Range for Next Week. If Nifty trades below 24450, more downside possible and Targets are...
Bank Nifty Weekly Analysis For 15-07-24 to 19-07-24 51780-53300 is the Range for Next Week. If Bank Nifty sustains above 53300, more upside possible and targets are 53680/53912. If Bank Nifty trades below 51700, Downside Targets are 51480/51080. View: Sideways Market.
Nifty Weekly Analysis For 08-07-24 to 12-07-24 24150-24400 is the Range for Next Week. If Nifty sustains above 24400, more upside possible and targets are 24500/24600. If Nifty trades below 24150, Downside Targets are 24080/23980. Verdict: Sideways Market.
Bank Nifty Weekly Analysis For 08-07-24 to 12-07-24 51980-53300 is the Range for Next Week. If Bank Nifty sustains above 53300, more upside possible and targets are 53680/53912. If Bank Nifty trades below 51900, Downside Targets are 51600/51380. View: Sideways Market.
Bank Nifty Weekly Analysis For 01-07-24 to 05-07-24 53000-53200 is the Resistance for next week. 52000-52200 is the Support for Next Week. 52000-53000 is the Sideways Market. Short Level is below 52000 for the Targets of 51500/51080. Long only Above 53200 for 53580/53980. Verdict: Sideways to Downside.
Nifty Weekly Analysis For 01-07-24 to 05-07-24 24180-24200 is the Resistance for next week. 23660-36760 is the Support for Next Week. 23680-24200 is the Sideways Market. Scenario 1: If Nifty gives a correction, Long From Support(23660) for the Targets of 23980/24180. Scenario 2: If Nifty Breaks the Support, Short for the Targets of 23350/23080. Scenario 3: If...
Bank Nifty Weekly Analysis For 24-06-24 to 28-06-24 52000 is the Resistance for next week. Bank Nifty is in Overbought Zone. So be cautious in Long side. Short Level is Below 51000(aggressive) for the targets of 50580/50080/49700. Long only above 52000(Defensive approach) for 52480/52880. Verdict: Sideways / Downside.
Nifty Weekly Analysis For 24-06-24 to 28-06-24 23680 is the Resistance for next week. Nifty is in Overbought Zone. So be cautious in Long side. Short Level is Below 23300(aggressive) for the targets of 23080/22780/22480. Long only above 23680(Defensive approach) for 23780/23880. Verdict: Sideways / Short.
Bank Nifty Weekly Analysis For 18-06-24 to 21-06-24 49500-50300 is the range for Bank Nifty. Long above 50300 for 50780/51080. Short Below 49500 for 49080/48650. Verdict: Sideways to upside
Nifty Weekly Analysis For 10-06-24 to 14-06-24 22500-23350 is the range for nifty next week. If Nifty Sustains above 23350, more upside possible and Targets are 23500/23800. Short Level is Below 22500 for the targets of 22300/22080.
Nifty Weekly Analysis For 27-05-24 to 31-05-24 Nifty has given a breakout and close above its major resistance 22700-22800, the same level will now act as support for nity. If Nifty gives a pullback and tests support, Long from 22800 for the target of 22950/23050. And If Nifty Sustains above 23050, next target will be 23150/23200. Failure of breakout, i.e. Short...