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Update on nifty 👇
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Nifty is already inside the main support zone. If this zone protects nifty here then we will see a green climax or a reversal candle today.
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Perhaps downside in Nifty possible till 25448 encoded level and the super demand zone of current fractal that is 25365.
25365 will be a great place to check if market is ready to go up.
Positions in cash for next rally can be taken here
25365 will be a great place to check if market is ready to go up.
Positions in cash for next rally can be taken here
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Bank nifty remains super strong as we can see it retested 60 RSI Factor without price erosion. It was a time correction in bnf.
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Bnf if fall more like nifty.
It can go till 56922 - 56607 zone a planned buy zzone
It can go till 56922 - 56607 zone a planned buy zzone
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If not. And market becomes bullish.
Bnf has strength to create a green candle today itself. Be it's climax candle or a reversal move
Bnf has strength to create a green candle today itself. Be it's climax candle or a reversal move
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The red marked areas where nifty will face resistance again
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25803 to 25877
25953 to 25960
25953 to 25960
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Nifty hits arrow marked level