As Discussed in Last Analysis We saw a swift fall in bank nifty and today being an important astro date as discussed in below video we can see a top or bottom formation based on the break of today high and low. Bulls will get active above 35001 for a move towards 35170/34333/35500. Bears will… Read More »
As Discussed in Last Analysis It is very interesting to note that FII bought more options than what they sold and we have formed a compression pattern in bank nifty. That is another indication for me that a directional move is round the corner and a move of 500-800 points will be seen in single… Read More »
As Discussed in Last Analysis Bulls above 35480 now waiting for the target of 35620/35777/35900/36143.Bears need to break 35444 for a move back to 35284/35156/34040. 36143 is PRZ Zone/Gann Angle Resistance zone as per below Harmonic/Gann Chart of Bank Nifty. or the last 2 trading days – it is very interesting to note that FII bought… Read More »
As Discussed in Last Analysis Bulls need to move above 35600 for the move to contiue towards 35800/36000/36400 . Bears will get active below 35343 for a move back to 35100/32920/32817. We got whipsawed today both on upside and downside, Now we are nearing an important gann price time squaring as tommrow is 81 trading days… Read More »
As Discussed in Last Analysis Bank Nifty bears were able to close below 34057 now waiting for the target of 33520/33308/33040 as per gann price time squaring,Bulls need a close above 34057 for a move back to 34343/34545/34729.2 Bearish target done as per gann price time squaring. As we are near both Gann Angle support… Read More »
As Discussed in Last Analysis Bank Nifty opened with a gap up formed DOJI, Now we are at a crucial juncture and can see potential price time squaring tommrow based on Gann if we do another close below 34057. Bulls need a close above 34057 for a move back to 34343/34545/34729. Bears will get active… Read More »
As discussed in Last Analysis Bank Nifty has formed Inside Bar Pattern and gann turn date as shown in below video break of high and low will decide the next 1000 point move in bank nifty. Bulls need to move above 35333 for a move towards 35590/35884/36100.Bears need to break 34970 for a move towards… Read More »
As discussed in Last Analysis Now bears need to break 34650 for a move towards 34340/34000/33682. Range of 33680-33690 is important support zone, Bulls have there chance above 34970 for a quick move towards 35121/35280/35555. 01 March is important gann trend change date. Low made today was 34983 near our level of 34970 and bears… Read More »
As discussed in Last Analysis As we have expiry tommrow Till Bulls are holding 36342 price can rally towards 36683/37025. Bears below 36230 can see quick fall towards 36030,35843,35666. We have monthly close tommrow bank nifty rallied 20 % in Feb Month so bulls will like the end the month on higher note, so Till Bulls… Read More »
As discussed in Last Analysis We held on to the Gann angle support as shown in below chart. Bank Nifty Bulls need to move above 35333 for a move back to 35529/35700/35962, Bears will get active below 34970 for a move back to 34835/34666/34400. Bulls once above 35333 did all target on upside and we saw… Read More »