1. **Support and Resistance Levels**: - **Support Levels**: - Immediate support is at 42142. If the market sustains above this level, it may indicate bullish sentiment. - If the market breaks below 42142, there could be further downside potential. - **Resistance Levels**: - Resistance levels in the upper side are at 42557, 42811, and 43057....
1. Support and Resistance Levels: - Support Levels: - Strong Support: 43700 - Resistance Levels: - Immediate Resistance: 43770 - Strong Resistance: 43884 - Next Resistance: 43995 - Strongest Resistance: 44120 2. Analysis: - If the market opens with a gap-up above 43770 but below 43884, it suggests a mixed sentiment. In this case,...
1. Support and Resistance Levels: - Support Levels: - Immediate Support: 19611 - Stronger Support: 19500 - Resistance Levels: - Immediate Resistance: 19684 - Stronger Resistance: 19727 2. Analysis: - If the market opens flat and above 19611 but below 19684, it indicates a neutral to slightly bearish sentiment. In this case, traders...
- Resistance Levels: - Initial Resistance: 19833 - If the market opens above 19833, it may become Support for the day. - Support Levels: - If the market opens above 19833, it may make Support at 19833. - Additional Support at 19727. - Further Support at 19684. - Additional Resistance Levels: - Resistance at 19946 - Strong Resistance at...
1. ** Previous Market Levels: ** You mentioned that there was an exact rejection from resistance levels, and the market found support at 44371. This suggests that 44371 is an important level to watch. 2. ** Support Levels for Tomorrow (18/10/23):** - 44371 - 44200 - 44120 3. **Resistance Levels for Tomorrow (in the upside):** - 44371 (which was...
**Bank Nifty Analysis for 17/10/23** **Support Levels** * 44,120 * 43,995 * 43,770 **Resistance Levels** * 44,532 * 44,713 **Buying Zone** * Above 44,376 **Selling Zone** * Below 44,120 **Analysis** Bank Nifty closed at 44,251.40 on 16/10/2023. The market did not break the support level of 44,120 on 16/10/2023, and bounced back from there. This suggests...
Nifty 50 Analysis for 17/10/23 Support Levels 19,733 19,684 Resistance Levels 19,833 Buying Zone Above 19,833 Selling Zone Below 19,684 Analysis Nifty 50 closed at 19,772.05 on 16/10/2023. The market did not break the support level of 19,730 on 16/10/2023, and bounced back from there. This suggests that there is some buying support at the current levels. For...
Support levels: 44,120 43,995 43,770 Resistance levels: 44,532 44,713 Analysis: Bank Nifty is currently in an uptrend, with immediate support at 44,120. If this level breaks, then the next support levels are at 43,995 and 43,770. On the upside, the immediate resistance is at 44,532. If this level is crossed, then the next resistance is at 44,713. Trading...
Support levels: 19,733 19,684 Resistance levels: 19,833 Analysis: Nifty 50 is currently in an uptrend, with immediate support at 19,733. If this level breaks, then the next support level is at 19,684. On the upside, the immediate resistance is at 19,833. If this level is crossed, then Nifty 50 can move towards 20,000. Trading strategy: Upside: If Nifty 50...
Please read my yesterday analysis use support and resistance same
Please Read My 12/10/23 Analysis Market Same Support and Resistance Levels
## Nifty 50 Support and Resistance Levels for October 12, 2023 Nifty 50 opened above its first resistance level today and held at the upside, but there was no significant movement in the index. This suggests that the market is in a consolidation phase. **Support Levels** * 19727 * 19684 **Resistance Levels** * 19833 * 19900 **Analysis** If the market breaks...
**Bank Nifty Technical Analysis for Tomorrow - 2023-10-12** **Support Levels:** * 44449 * 44300 **Resistance Levels:** * 44713 * 45000 **Technical Analysis:** * Bank Nifty opened gap-up today and closed above its previous day's resistance level of 44413. This confirms that the index is in a bullish trend. * The immediate support level for tomorrow is 44449....
**Nifty 50 Technical Analysis for Tomorrow (October 12, 2023)**: **Support:** 19685/19612 **Resistance:** 19727/19805 **Technical Analysis:** * Nifty 50 closed at 19707.25 on October 11, 2023, after forming a bullish engulfing pattern. * The index is facing resistance at 19727 levels. If the index opens gap-up above this level tomorrow and sustains above it,...
**Bank Nifty Technical Analysis for Tomorrow (October 11, 2023)**: **Support:** 44449/44300/44100 **Resistance:** 44713 **Technical Analysis:** * Bank Nifty closed at 44326.45 on October 10, 2023, after forming a bullish doji pattern. * The index is facing resistance at 44449 levels. If the index opens gap-up above this level tomorrow and sustains above it,...
**Nifty 50 Technical Analysis for 10/10/2023** **Support Levels:** * 19400 * 19300 **Resistance Levels:** * 19600 * 19688 **Overall Bias:** Bearish **Analysis:** Nifty 50 closed below its support level of 19500 on October 9, 2023. This indicates that the bears are in control and the index is likely to fall further in the short term. The next major support...
**Bank Nifty Technical Analysis for 10/10/23** **Support Levels:** * 43770 * 43500 **Resistance Levels:** * 44449 * 44900 **Overall Bias:** Bearish **Analysis:** Bank Nifty broke its support level of 43995 on October 9, 2023, and closed below it. This indicates that the bears are in control and the index is likely to fall further in the short term. The...
Technical Analysis of Bank Nifty for 09/10/23 Support Levels: 44200/44000 Resistance Levels: 44500 (big resistance), 44700 Open Interest Analysis: Resistance Levels: 44400/44500 Support Levels: 44300/44200 Overall Analysis: The technical analysis and open interest analysis are both in agreement that the key support and resistance levels for Bank Nifty on 09/10/23...