Nifty head & Shoulder pattern forming .. be careful
Bank nifty double top & M pattern form in weekly and head & shoulder pattern in daily .. both showing strong bearish in upcoming days be ready for 42000 level soon . This is just for educational purpose of technical analysis
Head shoulder pattern form in bank nifty.. get ready for may be bigger fall
Support & Resistance for nifty level Market will go for move only if break 18888 Nifty touched 20EMA if break 20 EMA than next level Nifty Resistance- 18888 Nifty support1 - 18664 Nifty support 2 - 18556 Nifty Support -3 - 18467
For any big move need to break any side till range bound market
44200 CE sell & 43300 PE sell for range bound market with stoploss till not break below range Above 44155 buy & below 43380 sell for big traget
If BANKNIFTY below 39850 than short 40000 CE 23 mar expiry if bank nifty above 40086 short 40000 PE 23 Mar Expiry ( for seller) or If BANKNIFTY below 39850 than buy 40000 PE 23 mar expiry if bank nifty above 40086 buy 40000 CE 23 Mar expiry ( for buyer ) Trade after 9.30
Bank nifty 42000 strong resistance ..if break upside than long .. if reverse from 42000 than short …this just educational purpose as per technical chart my prediction
Bank nifty 42000 make or break level …..this is only assumptions as per technical for education purpose