Niftybank even after opening gapdown tries to sustain itself in green and closed above yesterday's closing price. As per our last post we have continued to put our view for upside in BANKNIFTY. (Resistance of 41000 is yet to reach) Some noticing points that I want to clarify are: Nifty bank is consolidating in a fix range which after its range breakout will...
This is more about momentum than exact numbers over the next 2 days. Tomorrow, the jobless claims and Job Cuts reports come out at 8:30am. Typically this doesn't matter but in the current economic situation we should be seeing some volatility early before market open. I am expecting a slightly positive report because they have been becoming more positive,...
SBIN Forecasting for Friday morning- as per price action tomorrow morning market can be open in bullish side, stock making ascending triangle and SBIN made bullish continuation candle on one day candlestick pattern
Banknifty trading in the same zone since 5 days. Today banknifty price tried to break both upper & lower support and resistance area but ended up in middle of the zone. Until price breaks either of the side we consider it a sideways market.
As we discussed yesterday price moved 120 points whole session . Tomorrow I am expecting the same trend will follow . If gaps up above 17400 level immediate resistance is 17460 or if gaps down below 17150 immediate target 17080. As of now we cant expect big move , unless price breaks 17000 support or 17450 resistance , Inside this range price will make a...
If bank nifty tomorrow breaks 37920 resistance level our next target would be 38300. If gaps down or retraces and takes support from the channel near 37730 we wait for price to bounce back . Unless price breaks below 37680 we should not buy put.
Price is in the middle of supply and demand area which I have drawn in weekly analysis , Tomorrow getting a 200 point move is very difficult and we can expect 100 to 150 point move and that too has only 3 possibilities, which I have drawn in chart . I am expecting choppy or sideways market tomorrow.
If NIFTY price tomorrow starts trading above todays close and makes bullish candle in first fifteen minutes we will buy call ,target would be 17130. If price breaks channel or gaps down around 16750 support area we still buy call and initial target would be todays high. 16750 is strong resistance area , i dont expect market to break this area tomorrow , as of...
i am expecting bullish market tomorrow as fed results are out and U.S. market already showing positive trend . Gap up of price near 37000 resistance and continuation of uptrend is possible. First target would be 37130 after that 37340.
For the first time since 3 days price made higher high, higher low momentum , I am expecting the same trend to follow tomorrow . Currently price is trading in between 16570....16680 support and resistance levels , if price tomorrow starts trading between support and resistance area we will wait until it breaks resistance or retraces back to 16570 and resumes uptrend.
If price gap downs or breaks below 36280 first target would be 36080. If gaps up above or moves above no trading zone 36900 is the target . Compared to nifty, bank nifty price momentum could be slow as there are too many small resistance below 36280
Nifty today traded in same area as we expected yesterday. Tomorrow if gap downs and hits 16340 price level we can expect retracement till 16400 as it is a major resistance area. If gap ups or price breaks channel and moves beyond 16570 price level immediate target would be 16680. Being wednesday i dont expect big movement of price either side tomorrow.
Tomorrow if price gap downs below 16500 or lower low lower high trend continues below 16500 level , immediate target would be 16430 otherwise i expect range market
Nifty is trading in range from 2 days and i expect same trend tomorrow as it is friday option value will not decay much . If price moves beyond 16600 ...16680 will be our target.Market is making higher highs higher lows and didnt crossed previous low since 15190 i dont want to buy put till price breaks 16430 support
Nifty is trading in range from 2 days and i expect same trend tomorrow as it is friday option value will not decay much . If price moves beyond 16600 ...16680 will be our target.Market is making higher highs higher lows and didnt crossed previous low since 15190 i dont want to buy put till price breaks 16430 support
Since nifty is trading in range from two days tomorrow i expect same as it is friday . Trending market on fridays are rare as we cant expect option decay much and price is making higher highs ..higher lows i dont want to buy put till price breaks 16400 support If price breaks 16600 can buy ce target will be 16700
Tomorrow if nifty price starts around 16500 level and first 15min candle shows bullish sighn we will buy 16500 ce and our first target will be 16600 & if price is showing bullish trend with big candles then we can further extend our target till 16670. ...........if price moves downwards below 16460 level we will buy put and can expect gap fill....target 16350
Breakout and retest in nifty ... 300-400 point down fall possible in upcoming days .. Thank you like share