Our first target is achieved in Nifty-21588. Nifty opened minor gap up and selling started from that. It breaks the major support zone of 21700 and touched 21588. for tomorrow we can except nifty be between 21700 to 21500. strong addition of calls in 21700 and 21800.
Nifty again made ATH of 21834 but from their a small profit booking came . nifty is in the 3 days consolidation zone of 21700 to 21800. If it breaks down side 21700 S:21588 S2:21500 Upside 21834 will be the major resistance .expect up move only above 21850
Nifty is on the range of 19680 to 19810. major resistance is 19855 and major support is 19680 &19588. Tomorrow expectation expecting the bullish to range bound market .
Banknifty struck in the range after the sharp fall from 44200 to 43500. the range is 43850 to 43466. we can expect the directional movement above or below these prices. for tomorrow 43800 acts as major resistance. and 43500 is the major support.
Bnaknifty clearly shows the rejection at 44500 levels and closed at 43550 Resistance levels ::43800 &44032 Major support levels ::43444,43286
Banknifty moved violently yesterday. down 300 points and up 500 points. next major resistance will be 43850 & 44033. 43612 will act as support. The range will be 43600 43850.
Nifty is in the range of 19111 to 18888. S/R levels :: 18944 /19077 &19133
BNF broke major support of 43600. S/R levels for monthly view:: Support levels 42111. Resistance level:: 43600 S/R levels for weekly view:: 42606,422800 &42111 /42800,43077 &43400 S/R levels for Daily view : 42606,42444 &42288 /42833 &43033
Nifty broke the 19222 level and it will act as major resistance. Nifty range: 18833 to 19222. bullish: above 19222 bearish:below 18333 Nifty took support at 18833 &respected this level. For upcoming days this will be major support, if any chance nifty closes below 18333 then the next target will be 18588 &18222.
In 3 trading sessions, BNF fell more than 1700 points, and it's a good correction in the market. After correcting so much market will for the consolidation zone the range will be 42600 and 41888.
The market not even respected any levels including 19000 and 18888. and closed below 18888. It showed the bearish mode completely and directionally Nifty fell 1000 points downside. The market corrected so much and the market may enter the consolidation zone for the next couple of weeks 19000 will act as a major hurdle for nifty and 18650 will act as support
first week of October BNF recovered 500 points and closed at 44360. Due to the Israel -Palestine war issue, there are a lot of uncertainties in the market for next week. and technically BNF forms an M shape pattern in weekly chart. directional movement only if it closes below 43850 or above 45222 above.
Nifty recovered last week from 19300 and made a bullish signal with huge volatility. oct 2nd week is IT results week.some uncertainty movements we can expect because of the IT stocks results and Global factors(Israel -Palestine war issue) . we should be cautious for next week because unknown factors can affect it. bearish view can be below 19333 and above...
Banknifty complete short covering move today. from 44200 to 44650.BNF is respecting the lower trend line and it closed above the trend line.BNF is stuck in the range of 44500 to 45000.any close below or above the price can expect the directional movement. Tomorrow is monthly expiry.by observing today move we can expect the directional move on upside.range will be...
Nifty moved violently today 200 points recovered from intraday low.V shape recovery happened today ,this shows still buyers are active and taken nifty again to 19700 above level. Tomorrow is monthly expiry.we can expect too much volatility in the market. the range will be 19600 to 19800. Monthly expiry moves are unpredictable.
BNF is consolidating with huge volatility .we can observe the upper trendline and triangle formation in the BNF chart.44444 is major support and on upper side 44999 is the major resistance zone.
After a sharp fall, today Finnifty bounced back with 100+ points. we can expect monthly expiry will be range bound between 19750 to 19920.either above or below only directional move is possible.
BNF respects double top. today it broke the 46k level. 45650 level is very important level.