Nifty 50 has formed cup and handle pattern. On 1 day time frame nifty is looking bearish
Banknifty is working as predicted (Checkout my previous post) As Banknifty has retested the strong support of 43000 level. Now upside rally can be seen in upcoming days. Also new year is being started. So, more people will look into investing in first week. Banknifty will continue the uptrend in coming days.
After Bear rally from last 3 weeks, Bank nifty trend is now reversed and now it has continued its uptrend. My analysis for upcoming week for Banknifty. It will be sideways to down trending for day of 30 Dec 2023 as today was the breakout of important psychological level of 43000. In order to become bullish again Banknifty needs to retest this level again so more...
Nifty 50 is trading in downtrend parallel channel. Possible movement of nifty in coming days.
Nifty after falling for 4 days straight has come to 50% level of fib retracement. Pullback expected on monday upto 18000 level as nifty need to retest this crucial level to fall again. This is only for educational purposes. Please trade as per your analysis and risk management.
Nifty 50 has created disjointed channel pattern on 15 min time frame. As per my analysis, bullish moment is expected on expiry 22 Dec 2022. This is for educational purpose only. Take trade as per your analysis and risk management.
Nifty 50 has created disjointed channel in 15 min timeframe. As per my analysis bullish moment expected on expiry 22 Dec 2022. This is for educational purposes only, trade as per your analysis and risk management.