Important to see if Nifty Bank support of 30700 is held or broken.
If broken we can see 30200 in #BankNifty and 14000 in #Nifty
If broken we can see 30200 in #BankNifty and 14000 in #Nifty
#NIFTY sliding to 14000, if it breaks that, we can see 13800. #NiftyBank sliding past 30500 as predicted once it breaks 30700
#Nifty already below 13800 in pre-market. Crucial to close above it today. Otherwise we will see a slide towards 13627-13641
#NiftyBank below 30000 now. Minor supports at 29750 and 29300. Major support at 29000
Agnostic Swings
#Nifty already below 13800 in pre-market. Crucial to close above it today. Otherwise we will see a slide towards 13627-13641
#Nifty being indecisive and holding onto 13800
Agnostic Swings
#NiftyBank below 30000 now. Minor supports at 29750 and 29300. Major support at 29000
And #NiftyBank holding onto 30000 dearly.
Direction can only be confirmed post either break of these levels or bounce back from here
Look how both #Nifty and #BankNifty both defended the 13800 and 30000 levels I mentioned above?
#BankNifty looks to be going for a retest of 31000 and #Nifty a retest of 14000-14250 levels from here
#Nifty has broken crucial 13800 level today. We may see 13600 and 13400. major support at 13200
Agnostic Swings
#BankNifty looks to be going for a retest of 31000 and #Nifty a retest of 14000-14250 levels from here
#BankNifty retested 31000 levels and #Nifty retested 14000 level just as predicted.
But we have successfully avoided taking any long positions this week, i.e, saved our trading capital from the correction.
#Nifty 13550 levels will be crucial. A break below that and we could see a slide towards 13200
A confirmed breakout above 13790 in #NiftyFutures and we can see 13975 today. A break below 13700 and we can see 13585-13440 today. Do not take any trades between 13700-13790 until market gives a breakout on either side.
Agnostic Swings
#BankNiftyFutures is going for a retest of 31300-31500-31700.
Both 31300 and 31500 done 💯💯
Agnostic Swings
#BankNiftyFutures is going for a retest of 31300-31500-31700.
A high of 31680 done! All targets achieved. #BankNifty futures may recede from here
Agnostic Swings
A confirmed breakout above 13790 in #NiftyFutures and we can see 13975 today. A break below 13700 and we can see 13585-13440 today. Do not take any trades between 13700-13790 until market gives a breakout on either side.
13950 done and dusted. No point carrying any position further now since the overall market structure is weak.
Short covering underway in the market due to absence of negatives in the budget.