Now 35600 important support sustain below will fall to 35200-35000 if 35k breached next impossible support 34524 therefore reversal will take place, immediate resistance told yesterday 35800 is still intact if breaks only then can touch 36k, however my view goes "short" yes. One can short today wait for target tommorow, index surely fall after then a new trend...
Now 35200-35000 is very strong support zone there are buying opportunity on that area because previous low at 34800 it's unbreakable so banknifty finding dips to go long if trade above 35800 it's a buy cause it's immediate resistance long trigger below 35k momentum says it's weak to fall momentum so sideways/volatile for tommorow needs to hold 35k then we can see...
Now immediate resistance 35800 definitely buy above index may open gap down but it'll reverse from 35200-335, I found a bullish divergence and index isn't weak it's sideways after breaking 36240 sustaining above we'll see all time high by coming week. Remember the index is again going to oversold this is right time. My view is bullish but volatile, Thank you.
Now this sideways action doesn't indicate upmove 36220 strong resistance if sustain above then a trade may initiate and immediately 36k is a resistance and immediately 35700 is a support, 35500 strong support below 35200/34900 is a target area, still my view is short, looking into the chart see a short covering if it hold above 36200 then buy otherwise Short on,...
NIFTY 50 taken support 38% level 16162 next to come 16037 yes this index should retrace then a rally can be seen very volatile day today.
Now 36200 immediate resistance buy only above it sell below 35550 still my view is bearish it can fell down to 35200 or 34900 yes though today's move sideways or slightly bullish but overally it's sideways now time to retrace already told retracement levels it will definitely fall you don't have good uptrend before that and today nifty confirmed that. Thank you
Now immediate resistance 36100 and support 35650 this index has given super jackpot 100% extension and before one large move now it's time to retracement so downside tgt 35200/34900 yes I think that I'll tag it short today yes then you understand why my levels are really intensive, it's truly overbought I've found bearish divergence from yesterday so it's a fall...
Now strong support 35680 and immediate support 36k , traders it's a super jackpot finally breaks 36000 it's unbelievable talking yesterday about this strength it's back on banknifty next banknifty will headed up to 36500/36800 and 37k is a hurdle a correction can be seen before it. Now it has extended 100% at 36200 next 127% is 36800 wait for see it coming, if...
Now 34600 is very strong support for this week and also for the month don't forget that immediate support 34900 and now you-all know it's bullish but my target till 35700-800 yes NIFTY 50 has breaks it's 2 months range but not banknifty it's weak as before was big momentum only above 36k below that this index range bound and trading above 35000 for the month you...
NIFTY 50 breaks 2 months range now strong support 15914 around and target for coming week 16300. Hey guys it's a new high so long confidently it's bullish.check out my profile for stock specific and for banknifty trading ideas.
Now strong support 34500 again and index may hit 34900-35000 very strong resistance zone however buy is only above 35200 if breached. I prefer short again if breaks 34500 otherwise can goes range or sideways ya very difficult pattern it's making off but it's bearish in my view. 34900-35000 is weekly POB, this week is volatile than previous expecting a big fall...
Now immediate support 34500 and resistance 34800 it definitely should fall after range bound action till 34000/33900 level. After then it will move upside as a reactive but for then 36000 impossible it will fall then before 36k cause it's on secondary trend is falling. I'm telling you very advanced analysis you can see on my chart I've drawn this, NIFTY 50 range...
Now strong resistance 🔥 34600 if sustain above can't go 35k below coming tgt 33900 to 33300 and may be 32400 which I previously analzed on my Wolfe wave analysis. My indication once again absolutely short cause RSI also indicating such it needs to fall more to make it big up move and you know I'm here to alert when it's going to coming back don't worry trade...
Now immediate support 34900 and resistance 35100; strong support 34650 , index looks weak yes it may fall below 34900-650 and taking above 35100 it can take upto 35500. Chart pattern shows weakness and bearish divergence seen by the way this week is not good for trading sideways week I see. Today, I give 2 side opportunity nothing special I can see. Thank you.
Now unbreakable support 34450 and for tomorrow 34633 gonna be immediate support yes one can buy but index needs to trade above 35000 it's bullish now target for tomorrow 35600. I see 34900 as monthly pob trading above can take upto 36500 now moment on the long side. Yesterday level, I did tagged it short cause I see a fall and it happens near 35k level as I...
Now strong resistance 🔥 34600-700 area; immediate support 34360 target on the downside is 33900/33600/33300 for the week. Index breaks important support level of 34400 so it's short and index now oversold & has a bullish divergence still resistance very strong indicates more fall if able to trade above 34700 only then buy otherwise no long opportunity, however my...
Now immediate resistance 35138 ya above can take long & 35350 strong resistance , strong support zone below 34900 are (34700-500) yes very strong index now oversold after big fall it will consolidate before a big upmove cause primary trend is up so view is sideways I'll tag bullish when it comes with big moment. This total month is trending so don't worry trade...
Now impossible resistance 36000 ; 36k to 35900 strong resistance and immediate support 35600 below it can fall to 35350-400 ya it's can't break 35k, once again it's on corrective mode after then it'll it will touch 36k but for now it's untouchable & impossible 36K , don't forget to than me if I right though matter of the fact I'm right everyday and you-all forgot...