BANKNIFTY is currently heading towards the major resistance zone. If the bank nifty opens above the resistance we can plan for a short once it breaks the level. Wait till the budget announcement otherwise it could be risky trade.
KSM has broke the descending trendline at 4 hour timeframe & currently KSM is at smaller resistance we can plan for long once its break above and retest it.
BANKNIFTY is currently trading at the major price level which acted as a support in 15 & 30 NOV 2023.
NIFTY is currently moving towards its major support at 21000 also it has 29.3 lakh OI.
NIFTY is near its major support it can bounce back from 21000 level. (29.3 lakh OI).
ETH is back to its major support, looking for consolidation & breakout.
KSM is currently moving towards the major support, it could be a good buying spot.
ETH came back to retest it's major support at 2400. Currently ETH price is a little bit below of it's support around 2370. Looking for a consolidation & breakout for entry.
ICP is currently at daily support area, market has been sideways last week hope we can see some move this week.
MATIC is currently trading in downtrend. We can see it at the price of 1 or even at 1.5 dollar. For that it needs to break the trendline & also the resistance level of 0.8870 dollar.
PYTH has successfully broke the major resistance. PYTH is ready for upcoming bull rally.
Currently LINK is trading in the box. Wait until it break for big move.
SOL is currently trading in the descending triangle pattern. Be careful while trading in the altcoins bitcoin dominance is at support.
BITCOIN DOMINNCE is trading at daily support if it manages to bounce back we can see dump in altcoins soon.
JIO FIN is currently trading in the box ever since listed at weekly timeframe. We can see a rally in stock if it sustains above it. Also it will depend on the Q3 results of the stock which is today (15 JAN). I'll keep you updated about Q result.
SBIN has broke the weekly resistance level and retested successfully. Good opportunity to buy for swing or long term.
TATA POWER has successfully broke the weekly resistance. currently waiting for pullback for entry.
RELIANCE has successfully broke the 840 days resistance. Good opportunity to buy for long term or swing.