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#banknifty possible move onlt if breaks , retests and starts moving down
moved mostly as blue line expected but full down nahi aa ppaya
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image_2024-04-14_01-36-29.png
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STP (5/15 Min) MMSM Model
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இனிய தமிழ் புத்தாண்டு நல்வாழ்த்துக்கள்

Happy Tamil new year
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Global Market is Bleeeeeeding because of War 🔫

Panic selling will be There in Our market !!🤬

But don’t be worry
again you guys have to Mark The Strong Demand and support zones of stocks! 😬


Market will show Recovery after 2 days panic selling 🤔
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NIFTY
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NIFTY

On Friday 12.04.2024
last traded price 22519.40

Day's Trade range :
22726.45 high
22503.75 low
Nifty had 225 points trade range.


Technical set-up :

Strong resistance capped at 22750
(upside)
Strong support capped at 22300
(downside)

Trend decider price zone closing basis :

22300 below 🐻
22595 above 🐂

Supports:
22470
22430
22385
22300
strong weekly support 🚧

Resistance:
22530
22595vstrong barrier 🚧
22615
22650
Strong weekly resistance🚧

Trade set-up :

buy nifty spot
When in range
22360 to 22350
This is bullish Harmonics reversal level
Stoploss 22300 CBSL
For
targets 🎯
22390
22430
22470+ (intraday)

22530
22595
22630+ (positional)

As per Geopolitical situation & gifty nifty last close nifty too can trigger gap down opening Tommorow. Keep tracking buy zone mentioned as mentioned in post with stoploss
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BNF 15Apr prognosis.jpg
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BNF: 15th Apr Prognosis
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FTU CHART
BNF 15Apr prognosis.jpg
BNF's price action on Friday followed a visually-reference pattern, opening precisely at the previous day's low and rallying to just below the previous day's PPOC before encountering resistance just shy of 48900. Later, despite two attempts to breach the psychological level at 48800, it failed, but found support at the PPOC from April 8th at 48550. Notably, while spot prices moved below this zone in the final minutes, futures remained resilient at the April 8th PPOC, indicating the influence of short-term players who rely on visual references.

Given the heightened news flow surrounding events in Israel and Iran, volatility in crude oil and gold markets is expected to spill over into Indian indices. Key levels to monitor include:

Upside: Opening and sustaining above 48550, followed by a breach of 48800, could lead to targets beyond 48900.
Downside: Sustained trading below 48550 might find support around 48400, a zone where short-covering zone of April 5th, where trapped shorts might wanna cover. However, sustained selling pressure could see sellers removing their bids, potentially leading to a decline towards 48250 - 48150.

Given the uncertainty stemming from current events and associated news flow, BNF may become particularly attractive to option buyers seeking volatility opportunities.Be nimble and sharp: Basically, float like butterfly, sting like a bee!
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HDFC Bank 15 Apr.jpg
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HDFC Bank
ICICI Bank 15 Apr.jpg
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ICICI Bank
SBIN 15 Apr.jpg
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SBIN
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Kotak 15 Apr.jpg
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Kotak
Axis 15 Apr.jpg
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Axis
Indusind 15 Apr.jpg
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IndusInd: likely the biggest move candidate—can be on either side
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FTU CHART
NIFTY1!_2024-04-15_01-22-48.png
i am anticipating this mmbm.
mss shall occur in weekly fvg or at nearby htf poi otherwise it is not valid for us
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2025/10/04 21:40:44
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