#banknifty analysis for 10th May:- Decision Zone:- 32,925 - 33,030 Resistance Zone:- (33,259 - 33,362) / 33,545 / 33,728 / 33,955 / 34,216 Support Zone :- (32,667 - 32,771) / 32,484 / 32,301 / 32,075 SL for positional long 31,565 One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price....
#banknifty analysis for 7th May:- The market is moving in a tight range for the last two days, we might start a decisive move from here. We have two scenarios here, an inverted flag pattern showing downside till 31,500 and EW analysis showing an upside target of approx 35,000. So the best wave to trade is to take trade in the direction of the breakout. Decision...
#banknifty analysis for 5th May:- Nothing much to be analyzed compared with yesterday. Decision Zone:- 32,380 - 32,495 Resistance Zone:- 32,604 / 32,804 - 32,926 / 33,247 - 33,456 Support Zone :- 32,147 - 31,188 / 31,888 / 31,565 / 31,321 SL for positional long 31,565 One of the best forms of PA action is not to predict but to act on the price, chart tells...
#banknifty analysis for 4th May:- Decision Zone:- 32,566 - 32,663 Resistance Zone:- 32,804 - 32,926 / 33,247 - 33,456 Support Zone :- 32,346 / 32,147 / 31,188 SL for positional long 31,565 One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart...
#banknifty analysis for 3rd May:- The fall of 7,303 points from 37,708 to 30,405 and followed by 55% or 3882 point pullback from 30,405 to 34,287, we might have some more steam left to move to 34.5-35K levels, downside till 33,200 to 32,600 is visible. Decision Zone:- 32,960 - 33,030 Resistance Zone:- 33,195 - 33,247 / 33,644 / 34,057 Support Zone :- 33,605...
#banknifty analysis for 30th April:- The fall of 7,303 points from 37,708 to 30,405 and followed by 55% or 3882 point pullback from 30,405 to 34,287, we might have some more steam left to move to 34.5-35K levels, downside till 33,200 to 32,600 is visible. Decision Zone:- 33,700 - 33,833 Resistance Zone:- 34,057 / 34,287 / 34,407 / 34,644-34,918 Support Zone...
#banknifty analysis for 29th April:- Expiry Decision Zone:- 33,469 - 33,633 Resistance Zone:- 33,990 / 34,197 / 34,407 / 34,644-34,918 Support Zone :- 33,500 / 33,320 / 33,085 / 32,825 / 32,500 One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the...
#banknifty analysis for 28th April:- Decision Zone:- 32,480 - 32,650 Resistance Zone:- 31,978 / 32,250 - 32,370 / 33,511 Support Zone :- 31,150 - 31,370 / 30,914 / 30,667 Tomorrow 33,300 area will be the Laxman Rekha to cross. One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait...
#banknifty analysis for 27th April:- Decision Zone:- 32,250 - 32,370 Resistance Zone:- 33,151 - 33,306 Support Zone :- 31,366 - 31,565 Trend is changing & we might be heading towards 34,644 - 34,918 zone. One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision...
#banknifty analysis for 26th April:- Decision Zone:- 31,366 - 31,565 Resistance Zone:- 32,325 - 32,560 Support Zone :- 30,405 - 30,555 Big panic fall is only below 30,400 & panic buy above 32,560 The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 32,325 levels. How to trade? Play the range of (Resistance...
#banknifty analysis for 23rd April:- Decision Zone:- 31,405 - 31,555 Resistance Zone:- 31,914 / 32,325 - 32,560 Support:- 31,138 / 30,710 / 30,450 Big panic fall is only below 30,400. The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 32,325 levels. One of the best forms of PA action is not to predict but...
#banknifty analysis for 20th April:- Decision Zone:- 30,841 - 31,068 Resistance Zone:- 31,140 / 31,365 / 31,592 / 31,914 Support:- 30,450 / 30,250 / 29,760 The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 32,325 levels. One of the best forms of PA action is not to predict but to act on the price, chart...
#banknifty analysis for 19th April:- Decision Zone:- 32,052 - 32,330 Resistance Zone:- 32,544 / 32,710 / 33,021 Support:- 31,913 /31,584 / 31,319 The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 33,300 levels. Supporting view:- One of the best forms of PA action is not to predict but to act on the price,...
#banknifty analysis for 16th April:- Decision Zone:- 32,052 - 32,330 Resistance Zone:- 32,544 / 32,710 / 33,021 Support:- 31,913 /31,584 / 31,319 The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 33,300 levels. Supporting view:- One of the best forms of PA action is not to predict but to act on the...
#banknifty analysis for 15th April:- Decision Line:- 31,913 Resistance Zone:- 32,242 / 32,544 / 32,710 Support:- 31,584 / 31,319 / 31,117 / 30,520 The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 33,300 levels. One of the best forms of PA action is not to predict but to act on the price, chart tells you...
#banknifty analysis for 13th April:- The last 6 months trendline broke today with a gap down of 444 points, which can't be worse than this. If the breakdown holds & is valid, we move toward the 27,700 to 25,500 zone. I am posting what I am seeing on the chart, which is tough for me to believe as well. Decision Zone:- 30,842 - 31,042 Resistance Zone:- 31,404 /...