Analysis for Newbie's

Nifty is testing the 23280 zone, which is going to decide the trend direction now.

Breaking 23260 is bearish.

23500 is the resistance zone as per daily chart in Nifty.

Nifty can test the 23320 and 23260 zones.

Bank Nifty is having a pullback towards 55k.

Bank Nifty - W pattern is complete.

Nifty - resistance 23260 zone, support 23080, 23020.

Nifty is unable to break the 23260 - 23280 zone.

Nifty - Gap down opening and testing the important support/resistance zone as per the daily chart.

RBI policy meeting today. The market will range and then will be volatile.

Nifty - rejection from 23500 zone.

BankNifty - W pattern is forming. Will it get completed?

Sensex - testing the resistance at 74500 zone.

Nifty opened at the important zone.

Nifty is once again within the range.