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
Sense is at major support level. buy above 62926 target 63001, 63121 sell below 62716 target 62555,62355
Bank nifty is at crucial support level at 43443. If it breaks then we can see more fall towards 42000 levels. buy above 43480 target 43572,43655,43755, sell below 43443 target 43333, 43222,43111
Nifty is in failing wedge pattern if it breaks 18644 then we can see more fall towards 18000 level. Buy above 18688 target 18720, 18747,18767 sell below 18648 target 18623, 18595, 18577,18555
Nifty there is no stoploss available on the top side so nifty might create fake move(bull trap) and start falling up to 18600 level to take out all the buyers(or hit SL). Nifty has broken the support trendline from monday. If nifty opens a gap-up and again takes support of the trendline we need to wait for the trendline to break.