Banknifty is taking support from monthly trendline and it is also taking support from the daily trednline(red). if it both the support breaks then we can see good down fall till 44800 level. If it takes support we can see upto 46000 level. buy above 45327 target 45465,45576,45653,45792,45997 sell below 45100 target 450045, 44937,44819,44703
Nifty taking rejection from monthly trendline. If it breaks 19422 then we can see 19555 level. Buy above 19434 target 19463,19502,19525,19561 Sell below 19344 target 19299,19253,19226
finnifty is following the banknifty. So keep eye on banknifty while trading in finnnifty. finnifty can move 200 points in eigther direction or it can end in range bound. it can touch 20500 or it can go upto 20000 level. Buy above 20300 target 20360,20447, 20533 Sell below 20200 target 20132,20052,19985
Banknifty has broken the monthly resistance in a day. We need to watch if it's going to survive or will it take reversal from this level. Buy above 45262 target 45327,45465,45593 Sell below 45100 target 45006, 44854,44747
Nifty has strong resistance level at monthly timeframe 19380 to 19411. Am expecting profit booking in index so nifty has to fall to 19090 in next 2 to 3 trading sessions. Sell below 19282 target 19256 , 19211,19165 Buy above 19337 target 19363,19411
Banknifty is taking rejection from long time trend line resistance. If banknifty opens gapup and and sustains above this level we can see good move towards 45000 level. But there is a catch there is a strong rejection on trendline at 44971 from monthly timeframe. Buy above 44811 target 44970, 45123 sell below 44666 target 44613, 44544,4444
Nifty has monthly rejection from 2003 to till date is between 1930 to 19404. If it breaks 19404 level then we can see 20000 level. Nifty will gapup opening at 19238 level. if it sustains above this level then we can go for Buy and target will be 19303 and 19355. Sell below 19140 target 19090, if it breaks 19090 then direct target will be 18888 level.
Bank nifty ended in range bound on expiry day. Today if it breaks 44500 level then we can see up to 44800 level. There is a trendline rejection from 44715 to 44831. if it breaks these levels then we can see 45000 level. As finnifty would also cross the 20000 level at the same time.
nifty has to retest the 18888 level. so nifty should take reversal from 19091 level and try retest at 18888 level. Marked entry with SL in the graph you can copy the trading view chart from here. in.tradingview.com
Nifty possibility of short covering and it will break ATH if it sustains above 18888 level. and it can go all the way to 19030 level. Buy above 18833 level Sell below 18797 level
today is finnifty expirty and shortcovering possibile on the CE side. if it sustains above 19550 level then we can see up to 19700.
banknifty is forming a triangle pattern. it has strong resistance and support in trendline. it can move in any direction with 500 to 700 points. Buy above 43934 target 44004, 44077, 44111,44177,44233,44444 Sell below 43777 target 43707,43634,43590,43522,43444,43362
Nifty has strong trendline support at 18818 level and strong resistance at 18888 level. possibility of short covering on CE side so nifty can touch all time high and can be high 19027 level. on the downside it can touch 18660 if it's taking resistance at 18888 level and breaks 18818 level. buy above 18888 target 18897, 18928, 18942,18965,19003 sell below 18818...
Finnifty has broken it's long term support and it did retest and it failed to sustain above. so now the trend line will act as resistance. Buy above 19444 target 19489,19513,19555 Sell below 19363 target 19333,19288,19204
banknifty has strong trendline support from march. if it breaks we can see more down fall towards 42000 level. Sell below 43494 target 43371,4325043177 buy above 43707 target 43777,43898, 44028
nifty is taking support from trendline if it breaks then more fall towards 18500 level. sell below 18718 target 18668,18650, 1862 buy above 18777, target 18799,18818, 18848
Banknifty has trendline resistance at 44044 level and it has support trendline at 43596 level. Buy above 44044 target 44219, 44434 sell below 43850 target 43727, 43599
Nifty is moving in a channel it has 18852 level. if it breaks then it can 19905 level. Buy above 188853 target 18888, 18905 sell below 18709 target 18762, 18728