Nifty Weekly Analysis For 26-12-23 to 29-12-23 21600 will act as major Resistance for Nifty50 coming Week. 20800-20850 is the major Support for Nifty50. If Nifty breaks Support & trades Below 20850, more Downside possible and Targets are 20700/20500/20300. Long only above 21600 for new ATH. Note: Daily Trend is Bullish, now we may see some profit booking. so...
[b ]Nifty Weekly Analysis For 18-12-23 to 22-12-23 21940-22000 will act as major Resistance for Nifty50 coming Week. 20780-20880 is the major Support Zone for Nifty50. If Nifty Sustains Below 20780, more Downside possible and Targets are 20646/20446. If Nifty Sustains Above 21500, more Upside Possible and Targets are 21780/21938. Verdict: Expecting a Profit...
Bank Nifty Weekly Analysis For 18-12-23 to 22-12-23 46520-46840 is the major Support Zone for Bank Nifty. In Daily Chart, as per XABCD Pattern, Bank Nifty is moving towards 49000. If Bank Nifty Sustains above 48220, more Upside and Targets are 48500/48909. If Bank Nifty Corrects & Tests Support Zone, Will check for a W Pattern in lower timeframe near Support and...
Nifty Weekly Analysis For 11-12-23 to 15-12-23 21000 is a Psychological Resistance for Nifty50 coming Week. 20300-20500 is the major Support Zone for Nifty50. If Nifty Sustains Below 20850, more Downside possible and Targets are 20680/20530. If Nifty Sustains Above 21000, more Upside Possible and Targets are 21080/21150. Verdict: Expecting a Profit Booking or...
Bank Nifty Weekly Analysis For 04-12-23 to 08-12-23 44800-45050 is a major Resistance Zone for Bank Nifty. 43900-44080is the major Support Zone for Bank Nifty. If Bank Nifty sustains below 45050, more Downside possible & Targets are 45400/45880. Short Only Below 43880 For Targets of 43600/43200. Verdict: Sideways to upside.
Nifty Weekly Analysis For 27-11-23 to 01-12-23 19880-20000 is a major Resistance Zone for Nifty50 coming Week. 19320-19420 is the major Support Zone for Nifty50. If Nifty Sustains Below 19670, XABCD Activates, more Downside possible and Targets are 19550/19390. If Nifty Sustains Above 19880, ABCD Activates, more Upside Possible and Targets are 20080/20200.
Nifty Weekly Analysis For 20-11-23 to 24-11-23 19850-19990 is a major Resistance Zone for Nifty50 coming Week. 192350-19500 is the major Support Zone for Nifty50. Reversal trade is below 19650 for the Targets of 19500/19350 on Downside. Continuation trade is only above 20000 for the targets of 20150 and new ATH. Verdict: View is Sideways to Downside.
Nifty Weekly Analysis For 13-11-23 to 17-11-23 Nifty is in Correction Phase for the previous Impulse Move(Down move). 19300-19500 is the Sideways Range for Nifty Next Week. 19500 is the Major Resistance For Nifty Next Week. If Nifty Sustains Above 19500, ABCD Activates, more upside possible and Targets are 19600/19700. 19080-19150 is the major Support for...
Nifty Weekly Analysis For 06-11-23 to 10-11-23 Nifty is in Correction Phase for the previous Impulse Move(Down move). 19350-19480 is the Major Resistance For Nifty Next Week. If Nifty Sustains Above 19500, more upside possible and Targets are 19680/19800. Short Only Below 18800 as it is the major Support for coming Week. Verdict: Nifty may test the 19350-19500...
Bank Nifty Weekly Analysis For 30-10-23 to 03-11-23 43400-43800 is the Major Resistance For Bank Nifty Next Week. 42100 is the Important Support For Bank Nifty Next Week. If Bank Nifty Breaks the Support, we may see a panic Selling and Targets are 41780/41080 If Bank Nifty Sustains above 43000, more upside possible and Targets are 43400/43800.
Bank Nifty Weekly Analysis For 22-10-23 to 26-10-23 44700-44800 is the Major Resistance For Bank Nifty Next Week. 43500-43600 is the Important Support For Bank Nifty Next Week. If Bank Nifty Breaks the Support, ABCD Activates & we may see a panic Selling and Targets are 43080/42328. If Bank Nifty Sustains above 44710, XABCD Activates and Targets are 45200/46014.
Nifty Weekly Analysis For 09-10-23 to 13-10-23 Daily Trend is Downtrend. Nifty is in Correction Phase for the previous Impulse Move(Down move). 19780-19880 is the Major Resistance For Nifty Next Week. If Nifty Sustains Above 19680, more upside possible and Targets are 19780/19880. If Nifty trades below 19580, Downside Targets are 19480/19380. Veridict: Nifty may...
Bank Nifty Weekly Analysis For 03-10-23 to 06-10-23 45250-45500 is the Major Resistance For Bank Nifty Next Week. 43990-44180 is the Important Support For Bank Nifty Next Week. Below 43990, we will see continuation of current downtrend and short side targets are 43600/43080. Long only above 44800 for the targets of 45080/45480, But our approach should be...
Nifty Weekly Analysis for 25-09-23 to 30-09-23 19600 is a Important Support for Nifty. 19800 is a major Resistance for Nifty. Below 19600, We can see continuation of Current sentiment and Targets are 19400/19200 on Downside. Above 19800, Confirmation of Reversal and Targets on Upside are 19980/20180.
Nifty50 has given a breakout of previous swing High Which is also a All time High. ABCD Pattern Activated above 19991. The Next Target on Upside is 20466 which is also the PRZ(Potential Reversal Zone) Area. Resistance For Next Week is 20500. Support For Next Week is 19600. Short Level for next week is only below 19800 for the Targets of 19700/19600. Verdict:...
Bank Nifty Weekly Analysis For 28-08-23 to 01-09-23. 43600 is a Important Support For Bank Nifty Coming Week. 45000 is a Major Resistance For Bank Nifty Coming Week. So Range For the Week is 43600-45000. If Bank Nifty Sustains Above 45000, more Upside Possible and Targets are 45500/46000. If Bank Nifty trades below 43600, more Downside Possible and Targets are 43080/42600.
Nifty Weekly Analysis For 21-08-23 to 25-08-23 Nifty Support for the Week is 19250 & Resistance for the Week is 19650. Total Range(Sideways Market) is 19250-19650(400 pts). If Nifty trades below 19200, the downtrend Continues and ABCD Activates and Targets are 19080/18947. Above 19650, XABCD Activates and the Targets are 19780/19912. Verdict: My View is Sideways...
Nifty Weekly Analysis For 14-08-23 to 18-08-23 Nifty Support for the Week is 19300 & Resistance for the Week is 19650. Total Range is 19300-19650(350 pts). If Nifty trades below 19300, the downtrend Continues and ABCD Activates and Targets are 19080/18947. Long Only Above 19650 for the Targets of 19780/19880. Verdict: My View is Sideways to Bearish for the Week.