51500 above buy on dips, strong support at 51000 psycological number, 51500 to 51000 non trading zone avoid to trade today deciding day
nifty spinning candle form in dtf so non trading day h- l must broken 24500 to 24100 non trading zone, today is deciding day for up or down trend non trading day
finnifty 24000 or 23550 between no trade zone due to spinning candle in dtf. if opened gapup its bulish signal if open flat non trading day, open gapdown can buy on dips
case 1 : if open between 46372 and 46000 non trading zone and entry after 46372 broken with price action tgt1 46500 tgt2 46600 or downside if 46000 broken 45838 tgt1 and 45359 tg2 on ward case 2: if gapup above 46372 sustain 1 hour can buy or if any reverse candle formed can short or if rsi > 80 dont short till rsi 70+, tgt1 46500 46600tgt2 case3: if gapdown...
bank nifty has formed doji in dtf so any closing below or above it will confirm up positional buy or sell down, in 5 minute time frame it formed trippe top for 200 points if 45809 broken we can book 45616 tgt1 45409tgt2 can trail down side, we can also sell on any retaste, on upside if tripple bottom broken 46149 crossed can go for long 46360target buy above...
after a good upside rally there is some convergence so any side breakout can be good momentum, as per apple results and fed meeting coming days are volatile, so mind the levels 18000 if broken can see further pain in market
market view for 03-05-2023, banknifty formed range whole day , so any momentum either side can be big rally or fall, we can see some retracement in market in the morning and recovery in evening