Nifty Chart

Banknifty 29520 key for bulls

Nifty 11520 key for bulls

Nifty Chart

Banknifty tested negative breakout line +veonly above close this line

Nifty tested negative breakout line +veonly above close this line

Nifty Chart

Banknifty some consolidation with negative bias

Nifty some consolidation with negative bias

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©

Nifty chart

Banknifty Closing basis long trend line and 23.6% of the swing at the same place, close below this trend line will issue some selling pressure even in intra basis also

Nifty Closing basis long trend line and 23.6% of the swing at the same place

Nifty Chart

May touch 61.8% worst case 78.6% Banknifty

expect any gap down may bounce from 61.8%

Nifty Chart

Banknifty expected above 27350 good move

Nifty 10940 above good move

Nifty Chart

 O-26999 H-27274 L-26926 C-27195(+348 points volatility)

Weekly resistance 27400 and monthly resistance 27500(C) crossed and closed then short covering for 27800, 28030-80+

O-10699 H-10741 L-10628 C-10727 (+113 points volatility)

Holding second time 10610 [recent swing’s 38.2%]  Any close above 10753 good for 850-890+.  Close above 10940 for 2 days enough to reach 11089+

Nifty Chart

Banknifty bearish pattern formation is going on

Nifty at Swing's resistance 78.6%

Nifty Chart

 Bear Side: 10870 below some more weakness up to 10770. Oscillators are at resistance.  

So, expected some consolidation with negative bias for 2-3 days.

Bull Side: Short covering above 11040(c) for 11089-11299-11333-11384+

10940 hold then recovery for 11040-69 and 11089

Nifty Chart

10455 Short term Trend line support

10440 38.2% of swing  10710-10004

10427 Long term Trend line support

So expect bounce back range 10455-427  

Nifty Chart

Banknifty may test resistance 26200+ holds 25000

Nifty holds 10138 will be +ve 

Nifty Chart

Nifty cash:
Bull case : 10477 above 10520

Bear case : hold 10474 will reach 10399-10352-10320

Nifty Bank cash :

Bull case above 25400  for 25550

bear case below 25159 for 24800

Nifty Chart

Banknifty max down side 23600+

10300 holds nifty bounce back target 10800+

Fibonacci consolidated phase TGT 261.8% done so possible for bounce back

Nifty chart

24600 and 25400 key levels for longs and shorters - Banknifty

10525 and 10635 will be key for shorters and long holders and nifty

Nifty Chart

10800 below nifty weak for 10640+

25000 below weak banknifty cash level

Nifty Chart

25000 key for bulls - banknifty cash

10850 key for bulls - nifty cash

Nifty Chart

Nifty Extended last swing reversed from 0% is also for new high

Nifty Recent full swing 10417-11760 reversed from 38.2% +ve sign for new high

Banknifty Recent swing reversed EXACTLY from 61.8% for new high

Nifty Chart

EXACTLY bulls key mentioned 27000 for 26600

EXACTLY bulls kay mentioned 11400 break and reach 11274

Nifty Chart

26900 key level to bulls on closing basis banknifty cash

11400 key level to bulls on closing basis cash nifty