The Prime Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here.
Broader Market of Tuesday : A normal variation day with a range extension above IB.
Bank Nifty :
Back Ground : – Dominant seller at 10525./
Chart speak :
1) BN chose to build a profile in the previous ” fast movement” zone.
2) Open drive with o below d
Nifty :
Background :
– Huge gap between 5325 and 5233 which is a single print seller.
Chartspeak :
1) Price continued from where it left off yesterday
2) auction will target the 5180 zone as long as 5080 holds.
Broader Market of Tuesday : A normal variation day with a range extension above IB.
Bank Nifty :
Back Ground : – Dominant seller at 10525./
Chart speak :
1) BN chose to build a profile in the previous ” fast movement” zone.
2) Open drive with o below d
Nifty :
Background :
– Huge gap between 5325 and 5233 which is a single print seller.
Chartspeak :
1) Price continued from where it left off yesterday
2) auction will target the 5180 zone as long as 5080 holds.
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