perwinkr

perwinkr

technical analysis market is range bound, still there is a continuation pattern is breakout take place in upper resistance level of regression range

perwinkr

Sping top candle stick is formed. market closed in stong selling zone.

perwinkr

as we know market created continuation pattern I draw on the chart still bullish toward bank nifty let see where it goes till this expiry.

perwinkr

there is greater possibility that tomorrow market will come back retest the support and then break the resistance. it is making triangle continuation pattern , plus, option prices too low on put side. so there is chance first market will come down then take a breakthrough from up side.

perwinkr

if the green ranges broke there is opportunities, as we can see market is going little up trend if it continure there will be breakthourgh

perwinkr

Angle Analysis plus key support and resistance levels broken !!

perwinkr

As we can see clearly that Nift 50 took support and its been long time being in downtrend, start buying or be ready to buy now.

perwinkr

could come to retest the breakout support after hiting the resistance zone.

perwinkr

important resistence and supports as we can see the trend break out above long time channel Yesterday It could have retest of suport and pullback

01:06

perwinkr

according to the fabinaaci retracememt and support at 18000 and 17970 act as key support and correction will take place. corelate accordingly ....