Nifty Chart

 Banknifty cash analysis with chart and levels :
26990 below some more weakness for 26908-26853

27140 key for 27228-27252 [expect prfoit booking]

Nifty chart with levels for intra analysis 

Day +ve signal with hourly sell signal implies volatility with negative bias for the whole day.  10800 is the key for 10851-882[profit booking opportunity], Expected profit booking in the opening, Almost  momentum for the whole day with negative bias.  10760 is the key for 10719-10674.[buying opportunity]

Monthly view [30days from 21/2/2019]: Swing’s 10004-10941 38.2% 4 times managed to close above after hitting lows below 10583.  So, swings 138.2% is a minimum Target for 11298-312 before move up

Nifty Chart

 Banknifty at resistance

Nifty at support

Nifty Chart

Bank nifty Cash - Analysis on both side with Target

Bullish Case [2-3 days]:

Positive divergence with recent swing completed around 26625Small hurdle from 26759-26800 to reach 26925-26989, close above 27000 will reach 27130-27218. 

Bearish Case : [5-7 days view]

Any close below 26550 will drag up to the range 26387-233 range worst case 26140-25997.  Possible next support,  38.2% of the swing 27754-24240 at 26411.  

Cash Nifty analysis on both side

Bearish Case : 50% of the swing 10004-11118 at 10561, Trend line support at 10541,  [Support range in intra 10561-10541]

Any close below 10560 will lead to 10429 worst case 10377  [ hold our buy call 10800PE]

[Buy range 10429-377] for new high above 11118

Bullish case :

10655© will be good for bullish up to 10734-50, Close above 10750 one side trade for new high above 10900

Positive divergence on hourly chart issued Target above 10759+ with hurdle at 10692

Nifty Chart

Banknifty cash

Small hurdle from 26759-26800 to reach 26925-26989, close above 27000 will reach 27130-27218.  Possible next support,  38.2% of the swing 27754-24240 at 26411.  Any close below 26400 will lead to 25940-25630 range.  Positive only above 26800©

Cash Nifty -

10655© will be good for bullish up to 10734-50

Nifty Chart

Banknifty Cash -  O-27017 H-27029 L-26635 C-26794(-394 points volatility)
Short term trend line 26700 EXACTLY bounced and closed above from the low 26635.
Swings 27589-26441 78.6% at 26686 . So range 26686-26635 will took major support on hourly chart. Todays close must be positive for further bullish. Folded resistance 27097-27148-27252,

Nifty cash - O-10780 H-10785 L-10620 C-10424(-165 Volatility)
10004-11118 swing’s 38.2% at 10692,
10583-11118 swing’s 78.6% at 10698.
As per EMA’s of RSI still bullish, range 10692-698 Hold on closing basis with complete bounce back from 620 on closing basis from 61.8% of the swing 11118-10333
4th Wave of the swing holds 38.2% then 11322. Multi-level support maintain for 2019.
Short covering above negative breakout trend line 10855©