making head n shoulder pattern on weekly charts keep an eye
Nifty Day : Friday Date : 16 June 2023 What exactly happen with Nifty today ?? Yesterday Bank Nifty gave a decent fall but Nifty was not ready to go down. All though it has shown some 40 points downfall later in the second half yesterday when Bank Nifty was aggressively falling. Today it opened gap up making higher high and taking resistance of...
Bank Nifty Day : Friday Date : 16 June 2023 What exactly happen with Bank Nifty today ?? After a very good for they before yesterday of almost 600 points , Bank Nifty started moving up taking 43500 as a good support. Today it opened gap up then started moving in upward direction make in higher high pattern with very small candles followed by dry volumes. ...
nifty 1 hr chart nifty near support and made parallel channel breakdown possible if breaks the horizontal line and sustained or else a rebound possible
bajfin near multiple resistance zone above 6144 fresh moves towards 6400 will start
Nifty is near breakout level on hourly chart if breaks & sustained above for some time then good upmove will start till 18200 17700 will act as major support for nifty intraday levels
nifty gave a good pullback from days low yesterdays low is also a major point for stop loss making triangle pattern if breaks then 18100-150 can be witnessed
banknifty near support level 41900-42000 looks like a good reversal zone 42400-550 upside possible
Fin nifty looks bullish channel formation it will come up 200-300 points from here
nifty looks near resistance below 18200 if sustained then some good downfall will be witnessed till 18000 levels
banknifty looks near resistance after a mojor upside move of yesterday banknifty looks like getting tired BELOW 43180 if susatained then some downmove will start today is last trading day of the year also
axis bank near resistance level downside possible 900-890 can be seen
jswsteel near horizontal resistance below 754 it will invite bears till 730-722 levels
bnf 43000 is major support level closing above 43000 may open gates towrds 44000 below 42600 bearish till 42000/41700
mahindara mahindara loooks good bullish horizontal line plus hammer candlestick pattenr
banknifty near support level upside possible closing below 41700-600 may invite bears else a probable rebound
nifty looks good 18135 upsdei will be seen today if closed below 18000 for 2 days then downfall expected else market may rebound
nifty near support level 18000-18070 rebound possible in market above 18170 sustained then 18300-400 possible