Head & Shoulder (H&S) pattern in the Bank Nifty Index on a daily timeframe. The H&S pattern is a reversal chart pattern indicating a potential bearish trend after an uptrend. Here's the detailed explanation: 1. Key Components of the Pattern: Left Shoulder: The first peak, formed after an uptrend, followed by a decline to the neckline (support). Head: The...
Flat opening expected in banknifty. After opening if banknifty sustain above 49550 level then expected upside movement upto 49950 level. Major downside fall expected below the 49450 level. This downside can goes upto the 49050 level in today's session if banknifty starts trading below this level.
Today will be flat opening expected in nifty. After opening important level for nifty is 23500 level. In case nifty starts trading below this level then expected strong downside movement in index. Above this level expected nifty will consolidate in between range of 23550-23750 levels. Below 23500 level next support for nifty will be 23200 so 250-300+ points rally...
Flat opening expected in nifty. After opening expected downside rally from the resistance zone near 23750 level. This downside movement can goes upto 23550 level. Any bullish rally only expected if nifty starts trading and sustain above 23800 level. This bullish rally can goes upto 24050 level after the breakout. Downside below 23500 level sharp fall expected in...
Today will be Slightly gap down opening expected expected in banknifty. After opening expected downside movement upto 49550 level. If banknifty starts trading below the 49450 level then expected strong downside rally of 400-500+ points. Any bullish rally only expected if banknifty sustain above the 50050 level.
Flat opening expected in nifty near the 23750 level. No major changes in yesterday's levels due to the consolidation movement. Expected downside movement if nifty trading below 23750 level this downside movement can goes upto 23550 level. Any major upside rally only expected above the 23800 level.
Flat opening expected in index. Banknifty trading in the consolidation zone of 50050-50450 level. Downside 50000 zone level is indicating strong support for banknifty. In case banknifty starts trading below this support level then expected strong downside movement in market of 400-500+ points. Any major bullish rally only expected above 50550 level.
Expected nifty will open gap up in today's session near 23800 level. After opening any bullish movement expected if it's starts trading and sustain above 23800 level. Below 23750 downside rally expected upto the 23550 and this rally expected for further 200-250+ points movements in case nifty gives breakdown of 23450 level. 23450-23550 in this range possible some...
Today will be gap up opening expected in banknifty. Possible it will open near 50450 level. After opening it will face immediate resistance at this level and expected downside from this level upto 50050 and this downside can extend for further 400-500+ points in case banknifty starts trading below 49950 level. Any upside rally only expected if banknifty starts...
Gap up opening expected in nifty. After opening nifty will trade in between the zone of 24000-24200 level. If nifty gives breakout of 24200 level and starts trading above 24250 then expected strong bullish rally in today's session. Similarly, In case nifty starts trading below 23950 level then bearish rally expected in nifty. This downside movement can goes upto...
Today will be gap up opening expected in banknifty. After opening if it's sustain above 51050 level then possible upside rally upto 51450 in opening session. 51450 level will act as a resistance for upside movement. If banknifty gives breakout of this level and starts trading above 51550 then further bullish movement expected upto 400-500+ points. Major downside...
Nifty will open slightly gap up in today's session. After opening if nifty gives breakout of 24250 level then expected strong bullish rally upto 24450+ level in today's session. 24050-24200 zone are consolidation zone for nifty. If nifty gives reversal from the 24200 then possible downside upto 24050 level. This level will act as a strong support for today's session.
Today will be slightly gap up opening expected in banknifty. After opening if it's sustain above 51550 level then it will continue it's bullish rally towards the 51950 level. 51950 level will act as a resistance for today's session, expected short reversal from this level. If banknifty gives breakout and starts trading above 52050 level then expected further...
Gap up opening expected in nifty. Expected opening above 23800 level. After opening if it's sustain above this level then expected strong upside rally upto 24050 in today's session. Downside will be occurs in case nifty starts trading below the 23750 level. Downside rally expected upto 23550 support level.
Today will be gap up opening expected in banknifty. After opening if it's sustain above 51050 level then expected upside rally upto 51450+ level and this can be extend for further 400-500+ points in case banknifty starts trading above the 51550 level. Any major downside now only expected if banknifty not sustain above level and starts trading below 50950. Downside...
Flat or slightly gap up opening expected in nifty. For today's session 23800 level will be the upside resistance for the nifty. Any major bullish rally only expected above this level. Downside 23550-23600 zone works as a support for today's session. Any major downside expected below this support zone. Between the 23550-23800 level consolidation movements possible in index.
Today will be flat opening expected in banknifty. Currently index trading in consolidation zone of 50550- 50950 level. Any major directional rally only expected after breakout of this zone. Bullish rally expected above 51050 level. Similarly strong downside movement expected below 50450 level.
Flat opening expected in nifty. After opening if it's sustain above 23600 level then possible upside movement in starting session. Upside 23800 level will act a strong resistance for today's session. Major downside in nifty expected if it's gives breakdown of 23500 level. This downside rally can goes upto 23250 level in today's session.