#banknifty analysis for 30th April:- The fall of 7,303 points from 37,708 to 30,405 and followed by 55% or 3882 point pullback from 30,405 to 34,287, we might have some more steam left to move to 34.5-35K levels, downside till 33,200 to 32,600 is visible. Decision Zone:- 33,700 - 33,833 Resistance Zone:- 34,057 / 34,287 / 34,407 / 34,644-34,918 Support Zone...
#banknifty analysis for 29th April:- Expiry Decision Zone:- 33,469 - 33,633 Resistance Zone:- 33,990 / 34,197 / 34,407 / 34,644-34,918 Support Zone :- 33,500 / 33,320 / 33,085 / 32,825 / 32,500 One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the...
#banknifty analysis for 28th April:- Decision Zone:- 32,480 - 32,650 Resistance Zone:- 31,978 / 32,250 - 32,370 / 33,511 Support Zone :- 31,150 - 31,370 / 30,914 / 30,667 Tomorrow 33,300 area will be the Laxman Rekha to cross. One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait...
#banknifty analysis for 27th April:- Decision Zone:- 32,250 - 32,370 Resistance Zone:- 33,151 - 33,306 Support Zone :- 31,366 - 31,565 Trend is changing & we might be heading towards 34,644 - 34,918 zone. One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision...
#banknifty analysis for 26th April:- Decision Zone:- 31,366 - 31,565 Resistance Zone:- 32,325 - 32,560 Support Zone :- 30,405 - 30,555 Big panic fall is only below 30,400 & panic buy above 32,560 The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 32,325 levels. How to trade? Play the range of (Resistance...
#banknifty analysis for 23rd April:- Decision Zone:- 31,405 - 31,555 Resistance Zone:- 31,914 / 32,325 - 32,560 Support:- 31,138 / 30,710 / 30,450 Big panic fall is only below 30,400. The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 32,325 levels. One of the best forms of PA action is not to predict but...
#banknifty analysis for 22th April:- Decision Zone:- 31,185 - 31,300 Resistance Zone:- 31,436 / 31,725-31,926 Support:- 30,915 / 30,710 / 30,450 / 30,250 Big panic fall is only below 30,250. The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 32,325 levels. One of the best forms of PA action is not to predict...
#banknifty analysis for 20th April:- Decision Zone:- 30,841 - 30,068 Resistance Zone:- 31,140 / 31,365 / 31,592 / 31,914 Support:- 30,450 / 30,250 / 29,760 The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 32,325 levels. One of the best forms of PA action is not to predict but to act on the price, chart...
#banknifty analysis for 19th April:- Decision Zone:- 32,052 - 32,330 Resistance Zone:- 32,544 / 32,710 / 33,021 Support:- 31,913 /31,584 / 31,319 The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 33,300 levels. Supporting view:- One of the best forms of PA action is not to predict but to act on the price,...
Supporting View 19th Apr'2021 Week
#banknifty analysis for 16th April:- Decision Zone:- 32,052 - 32,330 Resistance Zone:- 32,544 / 32,710 / 33,021 Support:- 31,913 /31,584 / 31,319 The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 33,300 levels. Supporting view:- One of the best forms of PA action is not to predict but to act on the...
Supporting View 16th Apr'2021 Week
#banknifty analysis for 15th April:- Decision Line:- 31,913 Resistance Zone:- 32,242 / 32,544 / 32,710 Support:- 31,584 / 31,319 / 31,117 / 30,520 The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 33,300 levels. One of the best forms of PA action is not to predict but to act on the price, chart tells you...
Supporting View 12th Apr'2021 Week1
#banknifty analysis for 13th April:- The last 6 months trendline broke today with a gap down of 444 points, which can't be worse than this. If the breakdown holds & is valid, we move toward the 27,700 to 25,500 zone. I am posting what I am seeing on the chart, which is tough for me to believe as well. Decision Zone:- 30,842 - 31,042 Resistance Zone:- 31,404 /...
#banknifty analysis for 12th April:- Decision Zone:- 32,560 - 32,650 Resistance Zone:- 32,830 / 32,950 / 33,250 / 33,512 / 33,700 / 33,990 Support:- 32,400 / 32,100 / 31,750 - 31,850 / 29,700 There is lots of information in the analysis:- Just need to watch with open eyes and post on comments what you see. The index might take support from the long trend...
#banknifty analysis for 9th April:- Decision Zone:- 32,875 - 32,918 Resistance Zone:- 33,250 / 33,512 / 33,700 / 33,990 Support:- 32,665 / 32,400 / 32,100 / 31,800 - 31,950 There is lots of information in the analysis:- Just need to watch with open eyes and post on comments what you see. The index might take support from the long trend line, approx area...