PriteshPalan

PriteshPalan

Monday’s session started with a gap-down of 350 points at 48,628.80. Made day low of 48,281.90, entered the 125m Demand Zone (47,981.35 - 48,319.20), where it found support and rebounded to day high of 48,748.40. It closed at 48,651.95, losing 329 points from the previous close. The Weekly Trend (50 SMA) remains negative, while the Daily Trend (50 SMA) stays...

PriteshPalan

Monday’s session saw Nifty opening with a massive gap-down of over 185 points at 22,609.35, attempting a minor recovery to 22,668.05, but eventually slipping to a low of 22,518.80. It closed at 22,553.35, losing 242 points from the previous close. Both the Weekly (50 SMA) and Daily Trend (50 SMA) are now negative, signaling weak market sentiment. Demand/Support...

PriteshPalan

Wednesday’s session saw BankNifty opening gap-down, hitting a low of 48,804 before staging a strong rally to 49,509.75. It later dipped to 49,281, but rebounded again to close at 49,570.10, gaining 483 points over the previous close. The Weekly Trend (50 SMA) remains negative, while the Daily Trend (50 SMA) is sideways, signaling mixed sentiment. Demand/Support...

PriteshPalan

Wednesday’s session saw Nifty opening gap-down, touching a low of 22,814.85, before staging a sharp recovery to 23,049.95. However, selling pressure kicked in at higher levels, leading to a close at 22,932.90, down 12 points from the previous close. The Weekly and Daily Trends (50 SMA) remain sideways, reflecting market indecision. Demand/Support Zones Near...

PriteshPalan

Friday’s session saw BankNifty opening positive, but it failed to hold gains. After touching a high of 49,592.95, it witnessed a sharp decline to 48,719.75 before recovering slightly. It finally closed at 49,099.45, losing 260 points from the previous close. The Weekly Trend (50 SMA) remains negative, while the Daily Trend (50 SMA) is sideways, indicating...

PriteshPalan

Friday’s session saw Nifty opening with a gap-up, but it failed to sustain the momentum. After hitting a high of 23,133.70, it reversed sharply, making a low of 22,774.85, testing the Daily Demand Zone (22,642.60 - 22,910.15) for the third time. A partial recovery followed, but Nifty still closed at 22,929.25, losing 102 points from the previous close. The Weekly...

PriteshPalan

Tuesday’s session saw BankNifty opening negative, making a high of 49,949.75 before experiencing a sharp decline to 49,177.40, entering the 125m Demand Zone (48,906.05 - 49,373.45). It closed at 49,403.40, losing 577 points from the previous close. The Weekly Trend (50 SMA) remains Negative, while the Daily Trend (50 SMA) stays sideways, indicating ongoing market...

PriteshPalan

Tuesday’s session saw Nifty opening flat, made high of 23,390.05, it failed to hold near demand zones and plunged to a low of 22,986.65. It closed at 23,071.80, losing 310 points from the previous close. The Weekly and Daily Trends (50 SMA) remain sideways, indicating a lack of clear direction. Demand/Support Zones Near Demand/Support Zone (Daily): 22,642.60 -...

PriteshPalan

Monday’s session saw BankNifty opening negative, making an initial high of 50,155.65 before slipping to a day low of 49,703.10. Despite a minor recovery, it closed at 49,981, losing 178 points from the previous close. The Weekly Trend (50 SMA) remains negative, while the Daily Trend (50 SMA) stays sideways, indicating market uncertainty. Demand/Support Zones Near...

PriteshPalan

Monday’s session saw Nifty opening negative, making an initial high of 23,568.60, but gradually sliding down into the 75-minute Demand Zone (23,327 - 23,381.60). It touched a day low of 23,316.30 before closing at 23,381.60, marking a 178-point loss from the previous close. The Weekly and Daily Trends (50 SMA) remain sideways, indicating indecisiveness in the...

PriteshPalan

Friday’s session was highly volatile, with BankNifty opening positive and hitting a high of 50,641.75 before a sharp drop to 50,042.30. It rallied again to 50,462.35, but selling pressure pushed it to a day low of 49,871.15, entering the 15-minute Demand Zone. A slight recovery followed, and BankNifty closed at 50,158.85, losing 223 points over the previous close....

PriteshPalan

Friday’s session was highly volatile, with Nifty opening positive and making an initial high of 23,683.90 before dropping to 23,493.60. It then rallied again to a day high of 23,694.50, entering the 5-minute Supply Zone, only to reverse sharply to a low of 23,443.20, taking support at the 15-minute Demand Zone. A partial recovery followed, and Nifty closed at...

PriteshPalan

Thursday’s session saw BankNifty opening with a gap-up, reaching a high of 50,553.35, touching the Weekly Resistance Zone, before pulling back to a low of 50,149.80. It later recovered and closed at 50,382.10, gaining 39 points over the previous close. The Weekly Trend (50 SMA) remains negative, while the Daily Trend (50 SMA) is sideways. Demand/Support...

PriteshPalan

Thursday’s session saw Nifty opening with a gap-up, touching a high of 23,773.55 in the opening minutes, but failing to sustain. It dropped to a low of 23,556.25 before closing at 23,603.35, losing 93 points over the previous close. The Weekly & Daily Trend (50 SMA) remains sideways. Demand/Support Zones Near Demand/Support Zone (75m): 23,327 - 23,381.60 Near...

PriteshPalan

Tuesday’s session saw a strong rally in BankNifty, opening with a 328-point gap-up at 49,538.80, dipping slightly to a low of 49,482.50, and then surging to a high of 50,206.60. It closed at 50,157.95, gaining 947 points over the previous close. The Weekly Trend (50 SMA) remains Negative, while the Daily Trend (50 SMA) is sideways. Demand/Support Zones Near...

PriteshPalan

Tuesday’s session was strong for Nifty, as it opened with a 149-point gap-up, made a low of 23,423.15, and surged to a high of 23,762.75, entering deep into the Daily Supply Zone. It finally closed at 23,739.25, gaining 378 points over the previous close. The Weekly & Daily Trend (50 SMA) remain sideways. Demand/Support Zones Near Demand/Support Zone (75m):...

PriteshPalan

Saturday’s special trading session saw BankNifty opening flat, rallying to a day high of 50,009.50, and then witnessing a sharp drop to 48,925.45. It later recovered slightly and closed at 49,506.95, losing 80 points from the previous close. The Weekly Trend (50 SMA) remains Negative, while the Daily Trend (50 SMA) is sideways, indicating a cautious...

PriteshPalan

Saturday’s special trading session saw Nifty opening flat and rallying to 23,632.45, just missing the 75m Supply/Resistance Zone (23,645.05 - 23,726.85) before facing selling pressure and dropping to a day low of 23,318.30. It later recovered slightly, closing at 23,482.15, down 26 points from the previous close. Both Weekly and Daily Trends (50 SMA) remain...