It is not fall it is crash of eur currency from last 2 years let see how it react this support zone may it hold or break
Opening level will be important for tommorow may it can give some bouce in uppper side direction. but the strongest resistance acc. to my analysis is 37950-38150 lets see how banknifty will react. Global market will decide
It is now at 52 week low. In 2022 it is fall down now it can hold this level or break this level down if it hold then we can go long other wise it is in the hands of bearsss
Tata chemical badly falling down it can fall more upto 1020 level will see
Nifty breaks trendline support there are two trendline . one is for short term or previous days and another one is 45 days trendline. nifty breaks both trendline support so we can except nifty can touch next support zone or may it can breaks tooo.
On weekly chart of banknifty it is totally bearish. Banknifty touch All time high then try to sustain on this level but due negative global market it went down we can see more correction in upcoming days. let's see what price action gives us the signal. It is all about price action.
Adani ent is making new high on every week from last 2 years. in 1h hourly time frame we can see here it is facing resistance of 0.5 fibbo level zone. if the stock breaks down the the trend line then we can a fall up to next support zone which we can see here in the chart.
Tata steel support zone 102 to 103 and it making a Descending triangle on daily timeframe if it give breakout in any side upper or down can take trade. if it spent some times like 1 week then may get a good trade in this stock.
XBRUSD is trending on pre russia ukraine war or low of 2022 from 125 to 85 it fall. crudeoil is alll depend on US Russia-Ukraine war. there is zero result in 6 month of war start, It can again start gain aur may more fall????