As Discussed in Last Analysis Bank Nifty did not break the budget day low and closed above the budget day close of 40513. Till we are above 40500-40513 Bulls will have upper hand towards 40888/41225. Low made was 40609 so bulls were able to hold 40513 and we saw a big rally in Bank Nifty. Now… Read More »
As Discussed in Last Analysis It was a massive day of volatlity as shown in below chart Range for the day was 2533 points We had a strong upmove from 41200-42000 and downmove from 42000 to 39400, and formed a Massive Outside bar pattern. On Daily time frame bank nifty is down just 142 points… Read More »
As Discussed in Last Analysis As disucssed in below video we have seen many top and bottom formation 1-2 days before and after budget. We are seeing few similarity in 2021 and 2023 chart pattern, If Bank Nifty sustains above 40811 we can see a move of 555/729/1008 points. It was a massive day of… Read More »
As Discussed in Last Analysis On 28 Jan we had Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes., So till 29 Jan Low 39419 we are heading upside. Watch for 3 PM candel tommrow for a SPIKE in Price.… Read More »
Union Budget 2023 will be presented on 01 Feb by Honorable Finance Minister Shri Nirmala Sitharaman ji. The mood in the market is quite sour due to Adani Saga , the Bank Nifty is down almost 4732 points from all time High of 44151 on 14 Dec 2022. Market is going into Budget with Minium… Read More »
Last Week we gave Chopad Level of 42777 Bears did all target on downside and Bulls did 1 target on upside so EXCELLENT week for Chopad FOllowers. Uranus Direct showed its impact now for coming week we have Fed Policy Union Budget and Market Reaction to Adani Saga and Bayer Rule 27: Big tops and… Read More »
As Discussed in Last Analysis Again a side ways day price unable to sustain above 43000 and formed an Outside Bar today. Last expiry close was 43252 , if any 15 mins move above 43000 we can see short covering till 43252. Jupiter 40 Uranus both outer plannet so Bank Nifty should see firework. Jupiter… Read More »
As Discussed in Last Analysis Bank Nifty finally did a breakout and close above 42769 suggesting we can see a breakout Uranus is outer plannet and lead to trend change. Bulls need to move above 42954 for a move towards 43158/43363. Bears will get active below 42750 for a move towarrds 42546/42341/43137. Again a side… Read More »
Bank Nifty finally did a breakout and close above 42769 suggesting we can see a breakout Uranus is outer plannet and lead to trend change. Bulls need to move above 42954 for a move towards 43158/43363. Bears will get active below 42750 for a move towarrds 42546/42341/43137. Bank Nifty did the NR21 target. Intraday… Read More »
Last Week we gave Chopad Level of 42588 Bears did 3 target on downside so average week for Chopad FOllowers. Now For coming week Bank Nifty has formed DOJI at Weekly support and next week Uranus Direct and Important gann date will come into effect so good trending move should be seen. BANK Nifty… Read More »