#Sol is about to Dhoom Again Currently formed a #Falling wedge in 2HR TF. Keep eyes on it.
Breakout from pitchfork and parallel channel. A retest of the channel or upper inner pitchfork line will be the perfect entry point.
Bank nifty support seen at 34500/34400 add there for 34800/35000/35200 If bank nifty close or sustain above 35813 we seen 36000/36400/36800+.
Last 1 month Nifty trade between 15450 to 15920 range. this level is make or break level . which side break we seen sudden move that side. for next week 15600 is small support, if not break we seen again 15750-15800 and if break 15600 then 15520/15450 possible .
If you want to take a fresh entry, do not enter before the 357-358 zone and wait for the retest.
Add SIRCA near 350/321 we seen 383/433/488/534+ view invalid below 270 wcb Note: all views are education purpose only
ADD METOROPOLIS 2522/2433 WE SEEN 2612/2728/2828/2929/3132+ VIEW INVALID BELOW 2250 WCB NOTE: ALL VIEWS ARE EDUCATION PURPOSE ONLY.
Nifty made All time high, but banknifty still left 2000 point for make new high. Bank nifty support seen at 34500/34400 add there for 34800/35000/35200 If bank nifty close or sustain above 35433 we seen 36000/36400/36800+.
Here is my analysis, 5 Elliott waves completed, on the weekly chart this needs to be retrace because of long-run, after retracing at 0.38 level, Adani transmission will be very bullish.
------------------- WEEKLY ANALYSIS 08-MAR---------------------- NIFTY and BANKNIFTY had the weekly split into two halves and was in conclusive on either side. The weaker closer towards the end of the week and the higher VIX will indicate that our primary bias on short terms charts can be bearish to neutral. Nifty Futures- Weekly Trend decider at 15030-90F 1....
BankniftyWe had planned for a break on either side which played out beautifully. Not quite the way we would had wanted it given the market glitch and trading halt and the late move. But it did happen as we laid it out. < Refer to the previous post > Plan for Expiry: OI Analysis: Good PE OI at 36000 , overall PCR has increased so expecting a bullish Bias. 36500...
We are expecting a short term up move becasue market break its uper hidden trendline