If Price opens above 40850-40900 level then look for selling Opportunity in the zone 41000-41200 , Don't go for buying. Observation: All the BANKNIFTY Contributions are at Resistance level ...keep an eye on these levels. Go Short for downside targets of 40500-40330 levels sharp fall may be happened.
Key Resistance level is 17450-17500. Go Short: If tomorrow price opens gap down look for selling to these levels again 17330,17275. Enter here long for targets of 17450,17530,17600. Note : Price wants to fill the gap upside. Price mostly in consolidation between the levels 17400-17300 level then again to upside for targets of 17450,17520-17600-17650 we will...
Key Resistance level is observed at 40900-40850. Price is still in this range. Today Observations: No proper Retracement is not observed still. No proper bullish movement is observed today. Before going to break this level price give some retracement to 40500-40450 level again....so enter long here for targets of41100, 40250 (only Buy Side). Intraday Sell...
Key Resistance level is observed at 40900-40850. Before going to break this level price give some retracement to 40500-40600 level again....so enter long here for targets of41100, 40250 (only Buy Side) Intraday Sell plan. Sell Plan: 40900 is a level where previously strong sell off happens now at least will get a pullback, only few points u will get so be on the...
Go Long: Note : Price wants to fill the gap upside. Key Resistance level is 17450-17500. Price mostly in consolidation between the levels 17360-17450 and gives pullback to the level 17360-17330 level then again to upside for targets of 17450,17520-17600-17650 we will observe some bearish pressure at 17450 level for downside targets of 17360-17330 {if gives...
Key Resistance level is observed at 40100-40200 if price broken this level we are also in buyside but a retracement is needed to go further upside for targets of 40330 and 40500,40650. Buy only when retracement is done to these levels 39900 or 39700. Sell Plan: Until price breaks 39700 strongly no plan of selling. will be on buy side for Next key Resistance...
Go Long: Key Resistance level is 17160-17200. when Price breaks strongly 17200 and gives us pullback then go long for targets of 17260,17360,17450. Fake Breakout is possible here. GO Short : If price is again consolidation at 17160-17200 and showing selling pressure then only go for short until no short. Buyers and Sellers exchange at 17050-17060 level. down...
Price is in consolidation stage 16950-17200 Today If 17050-17060 level act as support then upside targets are 17100 and 17160,1720 0 is possible. Look for sell at 17160 or 17200 for targets of 16880 16800 16600.
Price is in consolidation...Consolidation + up move = Downside Direction. NOTE: Price actual direction is bearish... Monthly expiry is tomorrow ....price moves in both direction....be careful . If Price opens Gap UP don't go for Buying wait for the price retracement to 39600 for targets of 39800,40000,40100 Note : Powerful Selling pressure will come at 40000...
Great Support level is observed at 16800-16880 strong reversal may happen in this zone. careful at these levels before selling. Mostly look for buying at these levels. towards 17100 -17160.
If Price opens Gap down don't go for selling wait for the price retracement to 39400 for targets of 39200,39000,38700 Note : Powerful buying pressure will come at 39000 and 38700 towards 40100. if possible look for sell 1st Half Look for buying 2nd Half. No bullish momentum after this level, key Resistance is 40100. NOTE: If price closed tomorrow at 40100...
If Price opens Gapup and showing buying pressure we also continue for the target of 40100. No bullish momentum after this level, key Resistance is 40100. If price opens gap up and showing downward pressure at 39600 will also continue to downside for target of 39200,39000,38700. Note : Powerful buying pressure will come at 39000 and 38700 towards 40100. Overall...
Key Resistance level to be observed at 17200 Level is Respected. Note: If price wants to go upside price consolidate between 17100 -17200 level and 17160 act as support then only upside movement is possible. Targets are 17260-17300-17350. If opens Gap up and continue to upside is possible strongly to break 17200 until Key Support level is 17060.if breaks will...
Key level of Support to be observed at 39600 Note : If price opens Gap up and we also continue with the move to upside for targets 39950 and 40100 40200 again (if price is not break the level 39900 and break 39400 ,if 39600 act as Resistance then only downside movement is expected.) If Price is not able to break 40100 level again and 39900 level act as...
Key level of Support to be observed is 39600 -39700 Note : If price comes down till 39600-39700 we also continue with the move to upside for targets of 40200, 40500. (if price is not break the level 39900 and break 39400 ,if 39600 act as Resistance then only downside movement is expected.) If Price is not able to break 40100 downside targets of...
Key Resistance level to be observed is 17160-17200 Level is Respected. Note: If price wants to go upside price come back to 17060 level and 17160 act as support then only upside movement is possible. Key Support level is 17060 If price again reverse from this zone to upside for 17160 and 17200. if price breaks 17060 level then the targets for downside are are...
Key level of Support to be observed is 39600 -39700 If break it may act as a Resistance .....Until it is a good Support. wait for pullback to continue into the trend. Note : Opens Gap up comes down till 39600-39700 we also continue with the move to upside for targets of 40200, 40500
Key level of Support to be observed is 38900 -38750 If break it may act as a Resistance .....Until it is a good Support. If price strongly break above 36900 .. Next Resistance level to be observed is 39800,40100,40500 Note : Opens Gap up break and fills gap and move again to upside . Note : False Breakouts may happen at 39600 and 38750