Arindampaul7

Arindampaul7

13550-600 support for NIFTY 50 if sustain can see 14000

Arindampaul7

Now immediate support 30150 below again can see bears in control, above 30400 bulls is in control , index takes support exact that area I've told around 29800 and now upmove will continue.

Arindampaul7

NIFTY 50 13700 Support and bullish above 13855 , nifty takes its at that place I assumed and extremely oversold now only can see upmove only. I've posted NIFTY 50 analysis only to understand corelate with banknifty.

Arindampaul7

Now 30400 immediate resistance if sustain can go up below 30200 again fall can come support zone 30000/29800. I'm not expecting index can fall to 29000 so any bounce above 30400 can go up to 31000 above.

Arindampaul7

It's look like NIFTY 50 not going to stop till 13800 if comes below it 13600 important.but immediately 13800 very important.

Arindampaul7

Now immediate support 31100 below it can fall to 30750/30300 good support level and 31260 immediate resistance above is bullish and if go above 31620 can see 32000 but not so quick till budget, so happy republic day in advance.

Arindampaul7

I've found a regression channel that tndex is maintaining follow the channel I'll update more

Arindampaul7

Now 31500 resistance above bullish and wider range 30750-32800 ; immediate support 31130 . Index may work in this range and I'm bullish after the union budget 21 and then 33k can be seen till then this range works.

Arindampaul7

NIFTY 50 may fall more to 14250 important support level should be sustain below it more fall can come.

Arindampaul7

Now 31800-860 support and resistance is 32500/32800/33000 . Expectation bullish 33000 target coming soon

Arindampaul7

Now support 32400, resistance 32685-720

Arindampaul7

Now banknifty in a bull trend I've told that I see a divergence see; 32520 is now a hurdle to break then definitely can break 32700 and 33k is surely upcoming target. 31800 is a big support , immediate support 32200. It's expected now that market will continue his trend.

Arindampaul7

Now a index in a falling trend 32500 still resistance and if open gap up 32200 or 32080 is resistance for tommorow below 31750 bearish can fall upto 31500 . If open gap down 31500 good support will work. Open without gap 32200/32080 resistance . But I see a divergence if open gap down near about 31500 one should buy , that's buy on dips strategy.

Arindampaul7

Now 32500 is resistance if open gap down 31900-32000 is Support can rise open without gap also 32000 good support open gap up 32500-700 resistance can fall. strategy is buy on dips.

Arindampaul7

Now 32440 is a good support for tomorrow below it might be bearish I've found an triangle and breakout above 32700 market is bullish resistance is now at 33000

Arindampaul7

Now 33000, 32900, 32800 resistance for banknifty and 32500 going to be a support 32148 is a strong support. If open gap up 32800-33000 resistance area can fall , open without gap 32680 is a resistance, open gap down 32148 support will work.

Arindampaul7

Now, banknifty at bull trend 32236-200 mazor support if sustain then bullish if opens Gap up 32500 still resistance can fall , if opens without gap then 32200 support will work below it 32000 is strong support.

Arindampaul7

Now market is in a falling trend 32060 /32200 immediate resistance now support 31900 below it 31550 next target. More fall to come cause nifty got a divergence and if it falls banknifty so we'll.