Today again bank nifty close in the neutral zone. in morning session after breakdown of 43080 level bank nifty goes down to 42960 level. after coming to this level buying pressure has been activate & it will take bank nifty again to higher level & close in neutral zone. In tomorrow session if bank nifty open in neutral zone & after opening if he spend some time in...
We can see a suzlon energy formed CUP & HANDLE pattern in 1W timeframe. Currently trading at 11.65 level having high value on closing basis compare to previous almost 4 & half year. Having immediate resistance of 12.05 level. Also break 500 moving average line on Weekly timeframe on closing basis first time, indicating bullishness. If suzlon break level of 12.05...
Bank nifty making a range of 43080 to 43450. It may be a neutral zone for a bank nifty. Also trading near the range of 500 moving average, 15 min timeframe. Tomorrow if bank nifty open in this neutral zone & after some time in uptrend if it break 43450 level then you may see 43600 - 43800 level. But at every higher level you may see a selling pressure. 43800...
After breakdown of trendline it's continue falling down from 8200 level to 6430 level. Now trading at 6429 with immediate support of 6400 level. After breakdown of 6400 level it may fall upto 5900 level near the 500 moving average line. It may reversed from this moving average line & may face resistance at every higher level. After breakup of every higher level...
After making high of 432.50 in August adani power continue making some low level. now trading at 307.90 level. Adani power making some trendline pattern. It is now trading at some support level. It has now a trendline support & also 299 level has a STRONG SUPPORT level. For Adani power 285-300 is a strong support zone. if it is reversed from this support it will...
For banknifty 43080 to 43300 its a neutral zone. On monday session if Banknifty open in the zone of 43080-43300 level, after spending some time in that zone if bank nifty break 43080 level with breakdown of trendline you may see down level 42950, further fall take banknifty to 42850- 42750 level. 42850 - 42500 its a buying zone for bank nifty , You might see some...
After breakdown of trendline & breakdown of 42850 level you may see 42500 level. further fall may take Banknity to 41800 level. 41800 is strong support for Banknifty. 41500-41800 its a strong BUY Zone. If Banknifty is reversed from that level then Banknifty maybe show some new high. If it will break that buying zone (41800-41500) or break trendline then you may...