Techno_Charts πŸ“ŠπŸ‰
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This is An Educational Channel and no Stock Is recommended for you to buy.
I'm only sharing my precious Research Work
Contact : @jaynesh_K
NISM Certified βœ…
I believe in making small money consistently 🐌
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#IT
Indecisiveness in IT Index .
Trading in Range

Breakout or Breakdown decides the further trend .

Either side the move should be fierce..
#index
#Nifty Spot (Close - 15740) Nifty spot again seen a very narrow movement. Still the trend is Bullish & Positive.
A Big Day is likely in this week, Most probably on positive side.
Nifty nearest support is seen at 15600 & then 15500.
Nifty Only breaking below 15500, will be said to be gone for Sideways consolidation, till the time trend remains up. Nifty nearest hurdle 15850 & then 16050.

#BankNifty (Close - 35085) BankNifty has seen some selling pressure, which signs profit booking ahead. BankNifty Breaking below 34900, May see some more profit booking till 34300 - 34000. Only & Only below 34000, BankNifty may be aggressive in selling pressure. On the higher side 35600 remains strong hurdle, If crossed over we may see 36000 coming faster & once 36000 is crossed over BankNifty will be Fully aggressive to catch 36700 & 37800. Need to watch BankNifty's behavious carefully
#index
#BANKNIFTY SPOT
BULLISH
SWING TRADING
CMP 35069
STOP LOSS 34800
TARGET 35150 , 35.5K ,36K

#INDEX
#MIDCAP100
⚠️MONTHLY TIME FRAME RSI IS ABOVE 70

⚑WHENEVER IT TOUCHED 80 LEVELS INDEX CORRECTED

πŸ”₯FIBONACCI LEVEL1 AT 25850

πŸ”₯SUPPORT LEVEL 2 AT 50 EMA 25400

⚠️MACD BEARISH CROSS SEEN ON DAILY TIME FRAME

🎯RESISTANCE 27K , 27.5K


MY VIEW BEARISH ⚠️
Index can fall minimal 1000 points till 25500 level
That will be a good support for bounce or buying opportunity.

Any bounce will be selling opportunity or profit booking opportunity for short term traders

#index
What #Index Analysis Do you want?
Will post by Night