Nifty Chart

 It looks like you're tracking the Nifty index and analyzing potential support and resistance levels based on swing points and Fibonacci retracements. Here’s a breakdown of the analysis:

• Old swing: 26277-23893, which bounced off the 180% Fibonacci extension at 21986, with an actual low of 21964. The index then reached 22676, which you noted as a significant level.

• Current swing: 21964-22676, with the key Fibonacci retracement level being 38.2% at 22404. The actual low yesterday was 22429, which is close to this level. The closing level around 22400 seems crucial for the downtrend. If the Nifty closes below this level, the index might test lower levels like 22320, 22235, or the worst-case scenario at 22116.

• Important point: Any gap-down move around these levels might lead to accumulation or short-covering, suggesting that the market could bounce or stabilize from these zones.

In summary, if the Nifty closes below 22400, you’re anticipating a further downside towards 22320-22235, with 22116 as a possible worst-case target. However, any gap-down move near these levels could trigger a reversal or short-covering, possibly leading to a bounce back. Keep an eye on the closing levels, especially around 22400, for further clues about the trend direction.

Nifty Chart

 It looks like you are analyzing the Nifty index (or a similar instrument) using Fibonacci levels, with a focus on the Election Low (21281) and LTH (26277) as key reference points. Here's a breakdown of your analysis and conclusions:

Key Points:

1. Election Low (21281) & LTH (26277):

   • You're using these as significant levels for your Fibonacci analysis.

2. 78.6% Retracement of the latest swing:

   • You mention that the 78.6% retracement from the Election Low (21281) to the LTH (26277) occurs around 22350.

3. Key Swings and Fibonacci Extensions:

   • The 126.8% extension from the LTH points to 22455.
   • The 180% extension of the swing suggests a strong reversal around 21986, and the actual low formed was 21964, indicating that the market bounced sharply from this level.

4. Bounce and Targets:

   • After the bounce from 21964, you've noted that the 161.8% Fibonacci target sits at 22420.
   • This indicates a potential stiff resistance range between 22420-22455, suggesting that the market could face a challenge breaking above this zone.

5. Resistance and Trade Setup:

   • 22420-22455 is seen as a stiff resistance range.
   • A close above this range would signal the possibility of further upside, with a potential move towards 22515-22535.

Conclusion:

• 22420-22455 is a crucial resistance zone. If the price manages to break and close above this range, it could be a good signal to go long for targets in the 22515-22535 range.
• Support around 21964 (based on the 180% extension) could serve as a potential floor for the market in the near term.

Would you like further insights into risk mana

Banknifty CHART

BANKNIFTY 48489

 It looks like you're analyzing the Bank Nifty index with a focus on Fibonacci retracements and key resistance levels. Here's a summary of your analysis and how the levels you've mentioned might play out:

• Current Level: The Bank Nifty is currently at 47873, which aligns with the 78.6% Fibonacci retracement of the latest swing (Election low to LTH). This is a significant level to watch because retracement levels often indicate potential support or resistance areas.

• Old Swing: You also referenced the previous swing from 44429 to 49974, with a 180% extension level. The price reversed sharply from this level and bounced from the 38.2% retracement, which suggests that the 47855 level (very close to the current 47873) is playing an important role as support.

• Resistance Levels:

  • 48665: This level is formed by the confluence of swing resistance and a trendline resistance.
  • 48700: This is marked as a stiff resistance, and it aligns with the high of 48657 from yesterday. The index closed below this at 48489, indicating the market struggled to sustain above this level.
  • 48700 is now a key level to watch, as a break and hold above this would suggest further upside potential. However, unless the price clears and stays above this level, the index may face downward pressure.

If you're trading or investing based on this analysis, you should monitor these key levels closely. A break above 48700 could lead to further upside, while a rejection or failure to break through may result in another move downward or consolidation around the current levels. Keep an eye on the daily closes and volume for confirmation of the trend.

NIFTY EXPIRY

 https://nsearchives.nseindia.com/content/circulars/FAOP66938.pdf

NSE expiry changes 

Banknifty Analysis

 

support near 47095-47000 (which coincides with the 23.6% Fibonacci retracement level of the swing from 42105 to 48636).

Here are the key takeaways from your observations:

Support & Base Formation

• 47800 zone has acted as a strong demand area multiple times (Jan 13, Jan 27, and Mar 3).
• 47095-47000 is a crucial support range and could be the final low before a bounce.

Resistance & Upside Levels

• 48636-48700 is a critical resistance zone. Bulls need to break this convincingly for further upside.
• If it breaks, we may see a test of 50641 (previous high) and eventually 53861 (180% swing level).
• If rejected from 48636-48700, another dip toward 47095-47000 could be possible.

Strategy Consideration

• Above 48700, strength can be expected, targeting 50641 first and possibly 53861 later.
• Failure at 48700 may lead to another correction, possibly retesting 47095-47000 before a bigger bounce.
• Watch price action near 47800 closely. If this holds, it can be an accumulation zone.

Would you like to discuss potential entry/exit strategies based on this analysis?

Nifty Chart

 

1. Current Price: 22,553.3

2. Support Zone: 22,455 - 22,350

   • 22,455: This level represents the 126.8% extension of the swing from 26,277 to 23,263.

   • 22,350: This level represents the 76.80% retracement of the swing from 26,277 to 21,281.

3. Targets on Bounce:

   • First Target: 23,263 (previous swing high).

   • Second Target: 23,779 - 23,974 (a higher resistance range).

Analysis:

• Support Zone: The 22,455 - 22,350 range is a critical support area. If the Nifty holds this zone, it could act as a strong base for a bounce.

• Bounce Potential: Any rebound from this support zone could aim for the first target at 23,263, which is a key resistance level. If the momentum is strong, the rally could extend toward the 23,779 - 23,974 range.

• Risk: If the support zone (22,455 - 22,350) fails to hold, the Nifty could see further downside, potentially testing lower levels.

Trading Strategy:

• Conservative Approach: Wait for confirmation of a bounce from the support zone (e.g., bullish candlestick patterns or momentum indicators turning positive) before entering long positions.

• Aggressive Approach: Consider scaling into long positions near the support zone (22,455 - 22,350) with strict stop-losses below 22,350.

• Targets: Book partial profits near 23,263 and trail the rest toward 23,779 - 23,974.

Key Considerations:

• Monitor global market trends, as they can influence Nifty's direction.

• Keep an eye on key economic data or events that could impact market sentiment.

• Use proper risk management to protect against unexpected downside moves.

NIFTY CHART

 It seems like you're analyzing a price action chart, likely from a financial asset such as a stock or cryptocurrency, and tracking Fibonacci retracement levels, trendlines, and key price points to assess future movements. Let me break down the analysis you provided:

1. Initial Movement (21137–23338): The price reversed at 78.6%, moving from 21137 to 23338. This suggests a correction or retracement at that level before continuing the upward trend.

2. Reaching 180% at 25078 (with a peak at 25099): The price reached 180% at 25078, with the actual peak being 25099. After this, a retracement to 126.8% occurred at 23928, with the actual retracement being slightly lower at 23893. This indicates some consolidation or pullback.

3. Break of 180% Candle High at 25192: The price broke the 180% candle high at 25192 and closed at 25151, confirming an upward momentum.

4. Extension to 126.8% at 26278: The price extended from the current swing and reached the 126.8% level, with the actual high at 26277. The retracement after that went toward the 61.8% level at 22686, with the actual low at 22786, before bouncing back to 23807.

5. Key Levels and Positive Divergence: The price bounced above the 38.2% retracement level of the latest swing, showing some support. There was also a good positive divergence at the time of the low, suggesting bullish momentum. The trend line resistance aligns with the Fibonacci level, further reinforcing that the market may face resistance around this zone.

6. Breakout on 5-2-2025: On February 5, 2025, the price broke above the 23643 level (with volume), confirming a bullish outlook. The closing above 23600 is crucial for further gains, as you mentioned. If the price stays above this level, it could continue towards higher targets like 24235 and 25192.

Summary:

• The price has shown positive momentum, bouncing off key retracement levels and making higher highs.
• A strong breakout occurred above the 23600–23643 zone, signaling the potential for further upward movement.
• The key resistance levels around 24235 and 25192 remain important, with the Fibonacci retracement levels offering additional confirmation points.

If the price maintains above the 23600–23643 area, the trend is likely to continue upwards. You should keep an eye on any significant retracement or reversal at these Fibonacci levels for potential entry/exit points.

NIFTY CHART

no explanation is required for bank nifty EXACTLY hit [check yesterdays chart ] the  negative breakout line once break and closing above the 50360-50400 range some short covering for  50875

 NIFTY breakout was done yesterday for the 23893-23940 range

Nifty Chart

Fibonacci levels. It seems like the bulls are in a good position if the index stays above the 38.2% retracement level (49181-49100) from the recent swing between 50009 and 47844. If the price holds above that zone, it could lead the market toward the 50589-50725 range, with 50725 being the immediate resistance.

On the flip side, if the index drops below the 38.2% support, you're looking at the next support zone around 48671-48410-48307. Watching how the market interacts with these levels will give you further clues.

The bulls seem to be in control for now, but any breakdown below the key support levels could shift momentum quickly. Do you have any other indicators or patterns you’re watching that might give additional confirmation of the trend?

Based on the analysis, after reaching the first resistance at 23600 and Fibonacci 23.6% at 23609,

 the Nifty could be poised for consolidation, possibly in the 22786 to 23632 range for the next 2-3 days.

For a bullish scenario, if the index retraces to the 23311-23300 zone (38.2% Fibonacci), it might find 

support and bounce back up. 

On the bearish side, a breakdown below 23300 could push the Nifty towards the 23110-23100 range (61.8% Fibonacci),

 signaling further downside.

It looks like a consolidation phase is likely, but watching how the price behaves around these key levels (especially around 23600) will give you a better idea of the next move. 

Do you think external factors, like global market sentiment or upcoming events, could play a role in pushing 

the index in one direction or another over the next few days?

 

Banknifty CHART

 

50360 is the trendline resistance level, which could act as a tough barrier for the index if it approaches this area.

49650 is the previous low breakdown resistance, potentially acting as a support level to watch.

If Bank Nifty closes above 49700, that could signal bullish momentum towards the 50360 resistance, which would suggest a potential upward breakout.

NIFTY CHART

 Here’s a structured interpretation of RSI based analysis:

---

Market Analysis: Positive Divergence and Key Levels

Date Range: November 18, 2025, to January 27, 2025

RSI Values:

• RSI (14) on November 18, 2025: 28.7
• RSI (14) on January 27, 2025: 33.90

Key Observations:

1. Positive Divergence: The increase in the RSI from 28.7 to 33.90 indicates a potential positive divergence. This suggests that while the price may not have significantly increased, the momentum is building, which could lead to a bullish reversal.

2. Thump Rule Application: According to the "thump rule," if there is a positive divergence, the price will likely break through the previous high.

3. In-Between High: The in-between high is identified at 24,857. This level is crucial as it represents a potential breakout point.

4. Immediate Resistance Level: The immediate resistance is noted at 24,943, corresponding to the 61.8% Fibonacci retracement level of the latest swing from 26,277 to 22,786. This level will be critical to watch as a break above it could confirm the bullish sentiment.

Conclusion:

Given the positive divergence and the key levels identified, traders should monitor the price action closely around the in-between high of 24,857 and the immediate resistance at 24,943. A successful breakout above these levels could signal a stronger upward trend, while failure to break could lead to further consolidation or a potential reversal.

NIFTY CHART

 It seems like you're analyzing a price chart and discussing key levels for a specific asset, potentially in the context of technical analysis. Let's break down what you're observing:

1. 23260 Importance on Closing Basis:
   The level of 23260 on a closing basis seems to be a critical support or resistance level. If this is the previous low, it's an important reference point for trend analysis. In technical analysis, closing prices are often more significant than intraday prices because they reflect the market’s consensus at the end of the trading session.

   If the price closes below 23260, it may signal a continuation of a downtrend or a breakdown from the previous low. However, if the price closes above 23260, it could indicate that the market is rejecting lower levels, which may suggest a potential reversal or continuation of the upward trend.

2. Close Above 23260:
   If the price closes above 23260, you're suggesting that the price could target the 23456-23500 range, which you identified as a lower top trend line. This range is likely a resistance level formed from previous price action. A break above this level could indicate that the trend is shifting, and the market is likely testing higher levels.

3. Fibonacci Resistance at 23974-24000:
   You also mention a Fibonacci resistance at 23974-24000. Fibonacci retracement levels are commonly used to identify potential reversal points based on the golden ratio (61.8%, 38.2%, etc.). In this case, the resistance between 23974-24000 suggests that, if the price advances further, this range will be a key area to watch for potential resistance or reversal.

Summary:

• 23260 on a closing basis is important because it represents a key level of support/resistance and is a critical point for determining trend direction.
• A close above 23260 could signal a move toward the 23456-23500 range, potentially breaking a lower top trend line.
• If the price continues upward, you’d expect resistance around 23974-24000, where Fibonacci levels suggest a potential reversal or pause.

Would you like to dive into any of these levels in more detail or check the chart for confirmation?

Bank Nifty

 It looks like you’re analyzing a specific stock or index chart using technical analysis. You're breaking down key support and resistance levels, swing highs and lows, and considering potential price movements based on these levels.

• Target Range (48636-48600): This suggests you're expecting a price to stay within or bounce around this range, with the expectation of a close above 48636 on a weekly chart.

• Low at 47844: If the price drops to this level, it would suggest a retracement or pullback before the upward move resumes.

• Resistance at 50386-50400 range: This appears to be the next major resistance level you're targeting if the price continues its uptrend.

• Maximum downside possibility at 47094: Based on your analysis, you’re considering this level as a potential downside risk, possibly related to external factors like the "Budget day" you're referencing.

• 49400-49500 old swing breakout for 50386: This could indicate a breakout zone that is historically important and could act as a pivotal level in determining whether the upward trend can continue to 50386.

Are you looking for confirmation on these levels or just sharing your analysis for feedback? What do you think about the broader market context affecting these levels?

NIFTY Chart

 

Nifty and Banknifty monthly LEVELS

BANK NIFTY

 

1. 
   
   Recent Swing: 54467 - 46077:
   • This refers to a significant price movement in Bank Nifty, from a high of 54467 to a low of 46077. This swing can be used to calculate Fibonacci retracement levels.

2. Retracement Levels at 78.6% = 47872:

   • You have identified the 78.6% Fibonacci retracement level at 47872, which is a critical level for potential support or resistance. The 78.6% level is often considered a strong area of interest for price reversals.

3. Actual Low at 47898 with Positive Divergence:

   • The actual low was slightly above the 78.6% level (47898). The positive divergence means that while the price made a new low, a technical indicator (like RSI or MACD) made a higher low, suggesting weakening downward momentum and a potential reversal.

4. Sustained Above 78.6% for the Past 4 Days:

   • The price has been consistently staying above the 78.6% level (47872) for the last 4 days. This is a bullish sign, as the market has held above a key Fibonacci level, indicating potential strength.

5. Made a High of 49459 and Closed Below 61.8% (49282) at 49278:

   • The price reached a high of 49459 but closed below the 61.8% Fibonacci retracement level (49282) at 49278, which suggests some weakness or selling pressure at this level. The 61.8% retracement is often seen as a key resistance zone in a corrective move, so the close below it may indicate difficulty in moving higher.

Analysis:

• The positive divergence at the low near 47898 and the price sustaining above the 78.6% retracement level for 4 days is a strong indication of potential support and a reversal.
• However, the recent high at 49459 and the subsequent close just below the 61.8% retracement level (49282) signals that the market is encountering resistance. This suggests that while there is bullish potential, there is still some selling pressure or uncertainty at higher levels.

Key Levels to Watch:

• Support: The 78.6% retracement level at 47872, which has held for the past 4 days.
• Resistance: The 61.8% retracement level at 49282, with the recent close of 49278 just below this level.

NIFTY CHART

 It seems like you meant "positive divergence from 25/10/2025", but the date appears to be in the future. You might have meant 25/10/2023 or another past date. Assuming you meant a previous date, here's what positive divergence typically refers to in technical analysis:

• Positive Divergence occurs when the price of an asset is making lower lows (a downtrend), but an indicator (like the RSI, MACD, or stochastic) is making higher lows. This suggests that although the price is dropping, the momentum behind the price movement is weakening, and a potential reversal or trend change could be on the horizon.
• 
  

Swing 26277-21281: This could refer to a price range or a historical movement of a particular financial instrument.

Support at 61.8% at 23189: This indicates a Fibonacci retracement level where there is expected support or resistance based on Fibonacci ratios. In this case, 23189 is identified as a key support level at 61.8% retracement from some previous move.

Sustained above this level for the past 2 days: The price has been trading above 23189 for the last two trading days.

Consecutive 3 close is good for +ve: If the price closes above 23189 for three consecutive days, it is seen as a positive sign, potentially indicating further upward movement.

Nifty CHART

 Based on the provided analysis of Nifty:

1. Price Action & Range:

   • Nifty has been holding above the 23,575-23,600 level for the last three days, showing resilience at these support levels.
   • The lows of the last three days (Jan 6, Jan 7, and Jan 8) are progressively higher, with each day’s close showing a positive movement compared to the previous day.

2. Momentum:

   • The momentum is indicated to be negative in the short term (which could imply some corrective pressure or lack of strong buying interest), but the trend remains positive. This suggests that the overall market bias is still upward, but there may be some consolidation or volatility in the near term.
   • The RSI (14) being in a positive crossover with the short-term EMA (5 and 8) points towards potential bullishness in the short term, even though the overall momentum is negative.

3. Resistance Levels:

   • The major resistance levels for Nifty are marked at 23,871, 23,974, and 24,070-24,414. These are areas where price could face challenges to move higher, and they could signal short-term pullbacks or reversals.

4. Fibonacci & Volatility:

   • The latest swing from 23,263 to 24,857 has a key Fibonacci retracement level at 23,604 (78.6%), which is close to the recent low points of 23,551, 23,637, and 23,496. These levels may act as crucial support zones.
   • Volatility is low around these levels, but any break below 23,600 could potentially lead to higher volatility, especially if the support zones fail to hold.

5. Expectations:

   • There is an expectation of low volatility unless a significant break occurs in the support levels or the price moves toward the resistance levels.
   • Based on the analysis, fast moves in either direction are not expected due to the balance between negative momentum and the positive trend. The market is likely to remain in a consolidation phase unless there is a clear breakout or breakdown.

Summary:

• Nifty is in a consolidation range with good support above 23,600 and resistance around 23,871–24,414.
• The short-term momentum is negative, but the overall trend is positive, indicating possible volatility with no rapid moves expected.
• The market is expected to remain within a defined range unless a clear directional break occurs above resistance or below support.

NIFTY CHART

 It seems you're outlining a detailed technical analysis of an asset's recent price movement. Let me break it down further for clarity:

1. Last Swing 23263-24857: This indicates a recent price range for the asset, moving between 23,263 and 24,857. This price range could represent a swing low (23,263) and a swing high (24,857), showing a significant move.

2. Positive Divergence: Positive divergence occurs when the price of the asset is making lower lows, but an indicator (such as the RSI, MACD, or other momentum indicators) is making higher lows. This suggests weakening downward momentum and potential for an upward reversal.

3. Sentimentally Strong Bounce with Volume: The price saw a strong upward movement (bounce) yesterday, supported by high trading volume. The increased volume reinforces the idea that the bounce has solid backing from market participants, increasing the likelihood of it being sustainable.

4. Small Resistance at 23871: This indicates that the price might encounter resistance around 23,871, which could be a level where selling pressure could emerge. If the price approaches this level, there might be hesitation or reversal unless it breaks through with momentum.

5. Target Zone 24039-24060+: After overcoming the small resistance at 23,871, the price could aim to reach higher resistance zones around 24,039 to 24,060, potentially even beyond that. These levels are viewed as the next key resistance zones. If the price moves past this range, it could signal further bullish momentum.

Summary: The asset recently experienced a price swing between 23,263 and 24,857, with positive divergence suggesting a potential bullish reversal. After a strong bounce yesterday, there is a small resistance level at 23,871, but if the price breaks through, it could target the next resistance levels around 24,039-24,060 or higher. The volume from yesterday's bounce adds strength to the bullish sentiment, increasing the likelihood of the price moving higher in the short term.