As Discussed in Last Analysis Yesterday, the Bank Nifty formed an NR7 pattern, and today is the Pluto Ingress, which is occurring almost after 10 years. The price is forming higher highs until yesterday’s low of 39837, which is held, indicating an upward trend. The Bank Nifty Outside Bar pattern is one such pattern that… Read More »
Bank Nifty opened with gap up 15 mins low broken and fall started. It has been 7 days of decline but we are still in Budget day candel High and low. Price continue to trade around 1×1 gann angle and holding the 23 Feb Low. As Lord Hanuman Himself had doubts and had to be… Read More »
Bank Nifty has done 2 target on downside once the 50% point was broken, We are seeing big underperformance from bank nifty as Bank Nifty has corrected 1399 points from the high of 41979 made on 16-Feb. Price has closed below all 3 moving averages short term trend is down till we again start closing… Read More »
As discussed in last analysis Mercury Ingress showed its impact first 15 mins low broken and bank nifty showed a decent fall, price is back to 37.5 % in sideways market price oscillates between 37.5-50-62.5 , If BUlls are able to protect 41200 we can see a decent pullback tommrow. Bank Nifty bounced from 37.5… Read More »
As Discussed in Last Analysis Bank Nifty has formed Multiple Doji near 50% Point as shown below, WIth Overhang of RBI Policy over any move above 41744-41785 can lead to fast move towards 42000/42377. Jupiter Opposition Moon aspect tommrow so bank nifty can see decent move first 15 mins High and low will guide for… Read More »
As discussed in Last Analysis Bayers Rule will show its impact tommrow also we have important gann date today as shown below chart. We should see big move in next 2 trading session, Levels are clearly mentioned below. We have seen a trending move in bank nifty, Price is back to Mercury Retrograde High and… Read More »
As discussed in Last Analysis We have seen impact of Mercury Retrograde and Bayers Rule as discussed in below video, price has also bounced from Gann angle as shown in below chart. We have Weekly/Monthly/Quaterly/Yearly closing tommrow, Price need to close above 43512-43614 range for a Bullish start for 2023. Wishing you all a Very… Read More »
As discussed in Last Analysis Bayers rule showed its impact and Bank Nifty did all target on upside. For Swing Traders Bulls need to move above 42792 for a move towards 42996/43200/43444. Bears will get active below 42385 for a move towards 42181/41977/41773. Bulls were able to close above 42792 now waiting for 42996/43200/43444. Bears… Read More »
As discussed in Last Analysis As Discussed first 15 mins low was broken and bank nifty had a decent fall, North Node showed its impact.Bank Nifty has strong support in range of 43144-43185, if tommrow we open gap down look for this range for support. Bank Nifty has fallen for 3 days in a row… Read More »
As discussed in Last Analysis Venus Ingress is happening today, Venus is one of the closest planets to Earth, meaning that its Astro Events are more powerful and intense than other planets. Bank NIfty is on 10 week winning streak and forming higher high, As Monday we have important time cycle date so first 15… Read More »