subhagghosh

subhagghosh

#banknifty analysis for 12th April:- Decision Zone:- 32,560 - 32,650 Resistance Zone:- 32,830 / 32,950 / 33,250 / 33,512 / 33,700 / 33,990 Support:- 32,400 / 32,100 / 31,750 - 31,850 / 29,700 There is lots of information in the analysis:- Just need to watch with open eyes and post on comments what you see. The index might take support from the long trend...

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#banknifty analysis for 9th April:- Decision Zone:- 32,875 - 32,918 Resistance Zone:- 33,250 / 33,512 / 33,700 / 33,990 Support:- 32,665 / 32,400 / 32,100 / 31,800 - 31,950 There is lots of information in the analysis:- Just need to watch with open eyes and post on comments what you see. The index might take support from the long trend line, approx area...

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#banknifty analysis for 8th April:-#expiry Decision Zone:- 32,875 - 33,045 Resistance Zone:- 32,250 / 33,512 / 33,700 / 33,990 Support:- 32,665 / 32,400 / 32,100 / 31,800 - 31,950 There is lots of information in the analysis:- Just need to watch with open eyes and post on comments what you see.

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#banknifty analysis for 5th April:- Decision Zone:- 33,650 - 33,825 Resistance Zone:- 33,990 / 34,360 / 34,566 / 34,650 - 34,750 / 35,020 Support:- 33,750 / 33,520 / 33,320 We have mount Everest seating at 34,360 - 34,650 zone, where sell-off might trigger again and if these levels are crossed, we might see 35,500, follwed up to 36,500. On lower time...

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Inverted H&S pattern detected the pattern gives a fibonachi targets mentioned on the chart.

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#banknifty analysis for 1st April:- Decision Zone:- 33,411 - 33,527 Resistance Zone:- 33,698 / 33,990 / 34,360 / 34,650 / 35,100 Support:- 33,310 /33,175 / 33,050 / 32,751 / 32,500 / 31,600 We have mount Everest seating at 34,360 - 34,650 zone, where sell-off might trigger again and if these levels are crossed, we might see 36,500. One of the best forms of...

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Supporting View 1st Apr'2021

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#banknifty analysis for 31th Mar:- Decision Zone:- 33,808 - 33,990 Resistance Zone:- 34,360 / 34,650 / 35,100 Support:- 33,600 / 33,361 /33,175 / 33,050 / 32,831 We have mount Everest seating at 34,360 - 34,650 zone, where sell-off might trigger again and if these levels are crossed, we might see 36,500. One of the best forms of PA action is not to predict...

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Supporting View 31th Mar'2021

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#banknifty analysis for 30th Mar:- We can say that short term and the medium-term trend is down because the index is trading below its 20 & 50 EMA lines (34,492 / 34020), however, the longer-term trend is still up as we are above rising 100 & 200 SMA (32,135 / 37,270) and there is no negative crossover. As per Dow Theory, we are making constant lower low & lower...

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Wave & Levels on the chart, the analysis holds till the time the recent swing low of 32,415 holds. Regards, SG

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#banknifty analysis for 25th Mar:- #expiry Decision Zone:- 33,390 -33,490 Resistance Zone:- 33,700 / 34,275 Support:- 33,000 / 32,751 - 32,877 / 32,488 / 32,050. Daily closing below gap of 33,305 - 33,583 is not at all a good sign, the next support is 32,877 (breakout restest) & 32,751 (61.8% of the fall)zone if this fails to hold we move back to 31,404 (last...

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#banknifty analysis for 24th Mar:- Decision Zone:- 34,055 - 34,117 Resistance Zone:- 34,430 - 34,639 ,34,900 / 35,300 Support:- 33,850/ 33,583 / 33,305 / 32,751 The move from 29,687.8 to 37,708.75 is 8021 point rally,we have retraced 50% (33,698), current low is 33,361. 38.2% retracement was 34,645 which was breached and we touched 50% retracement, now if...

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#banknifty analysis for 23rd Mar:- Decision Zone:- 33,652 -33,770 Resistance:- 34,110 / 34,430 / 34,645 / 35,100 Support:- 33,305 / 32,751 / 32,137 The move from 29,687.8 to 37,708.75 is 8021 point rally,we have retraced 50% (33,698), current low is 33,361. 38.2% retracement was 34,645 which was breached and we touched 50% retracement, now if today's low is...

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#banknifty analysis for 22nd Mar:- Decision Zone:- 33,950 -34,075 Resistance:- 34,430 / 34,645 / 35,100 Support:- 33,583 / 33,305 / 32,751 The move from 29,687.8 to 37,708.75 is 8021 point rally,we have retraced 50% (33,698), current low is 33,361. 38.2% retracement was 34,645 which was breached and we touched 50% retracement, now if today's low is broken, we...

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#banknifty analysis for 17th Mar:- #banknifty PCR is 0.50, for every put written, we have 2x call written off, short-covering, it comes, can be deadly. Decision Zone :- 34,996 - 35,199 is a no trading zone, above positive & below negative. Currently, the range is 34,500 to 36,100 Support:- 34,700 / 34,550 / 34,400 Resistance:- 35,328 /34,572 /35,686 /...

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#banknifty analysis for 16th Mar:- 36,463 to 34,430, 2033 point fall in two days was too quick, followed by 835 (41%) pullback in 2 hours. Decision Zone :- 35,188 - 35,572 is a no trading zone, above positive & below negative. Currently, the range is 34,300 to 36,000 Support:- 35,000 / 34,866/ 34,700 Resistance:- 35,686 / 36,028 / 36,463 It's a flag...

subhagghosh Updated 

#banknifty analysis for 15th Mar Currently, the range is 35,090 to 36,041 and the new move will be only outside this range. Decision Zone:- 35,572 - 35,617, above positive & below negative Support:- 35,450 / 35,188 / 35,040 / 34,800 Resistance:- 35,825 / 36,040 / 36,190 / 36,463 It's a flag formation on an hourly time frame, probability is for the higher...