A strong bullishness is observed from the 42700 levels... In today's session we observed that buyers are strong, they can't allow the sellers to take the price down... at the end of the session short positions might be closed... As long as price is above the 42680 level.. keep in long side... A flag and pole is going to observe in BANKNIFTY indicating an target of...
Hello Guys, Good Morning everyone, According to the data today market is going to open a gap down After A gap down opening if Banknifty sustains Above 43300 and takes Support from 43300 then open target for T1-43400, T2-43500,T3-43700 If the Banknifty gap down opening sustains Below 42800 and takes resistance below 42800 then the open Targets for T1-42600,...
Key level to watch is 42880 level... if price breaks this level look for short side on retracement for targets of 42700,42400. Keep in long side until this key level breaks.. On top side we have liquidity lies at 43500 level...after clearing the liquidity, chances of fallback... so look for short side from this levels...
Hello Guys, Good Morning everyone, According to the data today market is going to open a Flat After A Flat opening if Banknifty sustains Above 43000 and takes Support from 43000 then open target for T1-43200, T2-43400,T3-43600 If the Banknifty Flat opening sustains Below 42800 and takes resistance below 42800 then the open Targets for T1-42600,...
We have a strong support lies at 42000-41800 levels... If we consider yesterdays move as retracement, the fall will continue downwards upto 42000 and 41800 levels... consolidation may happens at bullish gap and strong rise @42600 will resist the price again to topside... If you see on topside we have resistance @43400 levels, which is a previous strong support...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
Hello Guys, Good Morning everyone, According to the data today market is going to open a gap up After A gap up opening if Banknifty sustains Above 42600 and takes Support from 42600 then open target for T1-42800, T2-43000,T3-43200 If the Banknifty gap up opening sustains Below 42000 and takes resistance below 42000 then the open Targets for T1-41900,...
Price is exactly closed at support level, at this level price taken the support multiple times... we are still having some more points in the downside @43400 level... if that breaks we will observe a great fall towards 42800 and 42000 levels... wait until that breaks and retest...don't go for short side immediately... we have a great support @42800 and 42000...
Price has violated a Monthly Supply and there is a Fresh Strong Deman formed in Monthly chart @ Rs. 42015.65 Therefor Price will definitely come in this Range. In order to come down Price needs to react to a Supply. We see Price has formed a deviation from the moving average and has also formed an Engulfing Supply in Monthly chart. This is a Supply to...
Hello Guys, Good Morning everyone, According to the data today market is going to open a Flat After A Flat opening if Banknifty sustains Above 43000 and takes Support from 43000 then open target for T1-43200, T2-43400,T3-43500 If the Banknifty Flat opening sustains Below 43000 and takes resistance below 43000 then the open Targets for T1-42800,...
BankNIFTY has given the breakout clearly as can be seen on the charts. Now the qiestion is will it go more down of it might bounce back to bullishness. as it seems if in morning session it shows a sign of bearishness it might go further down. Reasons: BankNIFTY has break to downside 1-D TF(time frame). (Bearish) Sharp falling of last week. (Bearish) ...
If price consolidates @43400-43800 levels and then price has a chance of manipulation(Rise) before testing the 42800 levels...so take care before long/Short.... I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are...
Hello Guys, Good Morning everyone, According to the data today market is going to open a gap down After A gap down opening if Banknifty sustains Above 44700 and takes Support from 44700 then open target for T1-43800, T2-43900,T3-44100 If the Banknifty gap down opening sustains Below 43500 and takes resistance below 43500 then the open Targets for T1-43300,...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
Hello Guys, Good Morning everyone, According to the data today market is going to open a gap down After A gap down opening if Banknifty sustains Above 44100 and takes Support from 44100 then open target for T1-44200, T2-44300,T3-44400 If the Banknifty gap down opening sustains Below 43800 and takes resistance below 43800 then the open Targets for T1-43700,...
Hello Guys, Good Morning everyone, According to the data today market is going to open a Flat After A Flat opening if Banknifty sustains Above 44500 and takes Support from 44500 then open target for T1-44700, T2-44800,T3-44900 If the Banknifty Flat opening sustains Below 44300 and takes resistance below 44300 then the open Targets for T1-44200,...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...