Since the Market showed bullish signs yesterday. There are 2 possibilities. Red: If the market opens at the same level or a little lower, then market can hit the break out level before reaching the 39200 levels. The level 39200 is an important level since lot of short covering would happen at that level. Blue: If the market directly moves towards 39200, it might...
Since the maket opened at 38000 levels yesterday, the sellers make huge profit in 2 days(about 1500 points). They would have wanted to buy a cover causing the market to have a good recovery. Now since the market closed around 38850 levels, I think the market might take a pause today and become volatile in the range of 38800 to 39050, if the market opens at the...
Since the maket opened at 38000 levels yesterday, the sellers make huge profit in 2 days(about 1500 points). They would have wanted to buy a cover causing the market to have a good recovery. Now since the market closed around 38850 levels, I think the market might take a pause today and become volatile in the range of 38800 to 39050, if the market opens at the...
Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading. BANK NIFTY Bank Nifty is up by 400 points. Bank Nifty closed above 20 EMA, VWAP level near day’s high. We...
The Market is suuuuper stretched right now, in the macro view, the global data is not good either. Considering that the market should hold the 38000 levels(most important level). If it shows signs of breaking down, then we might get to see lower levels.
Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the...
We will take the call for banknifty based on the close of the first 5 minute candle. If there is a gapup, then we take the sniper to play the bullish side. If it opens at the same level(as closed on Friday) or gaps down, then we take the short gun and play bearish. I have provided the levels of support and resistance for both. IMO, the market will be bearish,...
Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the...
Banknifty on the weekly time frame has formed a bearish candle and closed below the crucial round number 39000. On daily time frame, banknifty has formed a bearish engulfing candle and lost around 700 points in a day. The market has started trading below its 20 ema on hourly time frame and closed below the level. A nice price action is formed on 15 minute time...
Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the...
Banknifty following Parrallel Channel Support & Resistance
Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the...
Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the...
Bank Nifty being the volatile one seems to be heading ahead but destination seems to be unclear at the moment without any retracements following a straight line is boring. Respected a few fibonacci levels - not so precicely.
Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the...
Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the...
market is in bullish mode. if it opens sidewasys and crosses resistance then buy for big gap up we will see futher price-action for gapdowm, we will only sell if it breaks support
Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the...