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Understand What's Driving the Market Prices, Learn to look at the markets in a Logical way.

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Checkout these Levels in Bank Nifty

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See how price action reacted to these levels

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Keep an eye on these Support and Resistance levels in Bank Nifty.. Let's see how prices are going to react to these levels.. I am neutral on the markets this week.. with a slight bearish preference.. #Banknifty #Markets

Important Support in Bank Nifty
Important Support in Bank Nifty

Important Resistance in Bank Nifty..
Important Resistance in Bank Nifty..

20800.00: This is a potential support level that could hold the #Nifty50 from falling further. If the Nifty 50 clearly breaks below and retest this level, the downtrend could accelerate.

Checkout this short-term downtrend in the Nifty 50, which began on December 12, 2023. The Price has fallen from a high of 21060.00 to a low of 20779.25 within the timeframe. The Analysis is based on 5 Min Time frame, it’s suitable for day trading and Intraday trading only

Intraday Price Action Nifty 50
Intraday Price Action Nifty 50

Be careful with New highs in #Nifty and #Banknifty.. New highs often lead to retracement.. I will be a little cautious..

Nifty Positive Gap up Opening..
Nifty Positive Gap up Opening..

Check it out..
Check it out..

This is our recent Price Action Analysis.. https://tradingcoach.co.in/nifty-50-price-action-analysis-30-nov-23/ Go through it #Nifty 50

Ok So market ended, you have 2 days off to Prepare, Select stocks, Do chart analysis.. 😀