Bank nifty -
60065 + opens it will go up.
59766 to 59541 again will act as strong demand zone

Sensex - it's stuck in a zone.
At the max 84465 may touch
And bounce 84150 below one dip possible till 83858.
Above yesterday's high it's up only.

Premarket study..

Nifty weak

As told

NIFTY - yesterday told below 26115 its bearish.

price went exactly as the arrow marked
big candle in nifty

its possible if gap down nifty may hit the marked blue zone.

no trade in Nifty

NIFTY BANK - updated
nifty bank bounced from demand zone (updated). likely possible that bank nifty might have flat to rangebound day

60112+ goes mega short covering
in broader market bank nifty slightly having an edge on bullish side

no sell signal generated yet as per the system.

SENSEX - Tapped the demand zone
below blue zone there will be decent fall
sell signal already generated on sensex
perhaps its its in its zone
so avoid trading in sensex as it in range bound trajectory.

one"quick" bounce expected from 83754 level

watch out sensex that level

Good morning all...

NIFTY

Nifty - Bounced exactly from the arrow marked yesterday.

Now 3 scenarios for today -
1. Open above las day high with small gap up - more upside
Huge gap up - first retest of last day high then again up but overall bullish

2. Open inside the last day candle probability of rangebound to flat market but on the closing time based on the price action upside possible.

3. Open below yesterday's low - only bearish if not then yesterday's low marke and from there nifty will go up only.

BNF

Bank nifty -
Also bounced from yesterday's drawing as marked.

Now today 2 likely scenarios

1. Open above yesterday's high gap up and go up. 59541 last day high
Above this banks are bullish only.

Upside key levels for bnf are 59739
59859 may act as small supply points

Perhaps once 59739 crosses
Short covering may trigger once close above this

It's also possible in 2-3 next candles bank nifty may break last ATH.

Important supply point before breaking ath will be 60360.

Last swing low not broken Bnf is still following buy on dips structure.

2. Open inside last day candle be it red or green candle it will be a base formation or a pausing candle - then before day high breaks no trade.

3. Opens below day low - likely difficult but if opens then bnf goes more bearish.

SENSEX

Sensex - what a reversal from our LOC band and the strong demand zone marked.

Sensex has taken all the rangebound liquidity now it's ready to fly ATH

Only below yesterday's low downside
Else from here it will go
Up.. up .. up

Nifty supply zones ahead -
25940-26067
26143-26250

Bank nifty supply zones ahead -
59558-59686
59859-59957

Don't make fresh positions inside these zones.

Good morning all.

NIFTY