Here I'm publishing my views on BANKNIFTY for next-day trading as per the closing of 16th June 23 This is Just an Idea based on chart analysis as per the data, you may disagree or agree... 1) If BANKNIFTY is trading between the range 43759 to 43908 then the day is for Option Seller only and all the Option Buyers are free for searching the opportunity based on...
The trend started from jun 2022 still continuing with the bullish price action in Weekly TF. Although Its visible that price soon enters into supply zone and also generated Bearish Cypher Harmonic Pattern with level of .786 at price 60.70. Levels are already mentioned in to the chart. Any rejection on upper side leads price to 50- 52. so do accordingly. If...
Hi we have analyzed this INDEX and there 2 upcoming scenarios which are based on Price Action and Fibonacci projections. both the analysis are having Time forecast as we have analyzed the Target zones by the Fibonacci Time Base tool which is giving us the at most time span to achieve the forecasted TPs the two scenarios are as follow... 1. Long. as we can see...
Reasons to buy - support form trend line - double bottom formed - rejection from support and bullish sentiment.