Tomorrow Nifty and Bank Nifty prediction.

 Nifty chart

OBSERVATION

• As we discussed on Sunday, if the market opens a small gap-down and breaks the 17490 level then our first target will be 17300-17250 and the second target will be 17100.
• We can see in the Monday chart that both targets were hit.
• You can check here our Monday targets.

Now let's talk about the current market:

• If we see in the given chart Nifty formed something like a falling wedge pattern.
• And we can see Tuesday market is bullished.
• Is this a reversal sign in nifty?
• We will know this only after tomorrow's market opening.

Nifty levels for tomorrow:

• If Nifty opens flat or small gap-up and breaks 17400 level then our first target will be 17600 and the second target will be 17700.
• If Nifty opens flat or small gap-down then you have to wait for the last low to break.
• Because in my opinion, it is risky to trade for the downside until the last low break.
• Levels for a swing trade on the upside are given in the chart, hope you understand.

Trading setup for tomorrow 

• Don't trade at the beginning of the market, let it make price action or wait for 5,15 min candle.
• Avoid large gap-ups and gap-downs.
• All the levels in the chart will act as resistance and support, hope you understand.
• If the market opens flat or small gap-up then our first target will be 17600 and second will be 17700.
• Trade with strict SL.

Disclaimer:-  All the information on this website is for educational purposes only, please do your own analysis before taking any trade. If you wish to trade in any of these, consult a certified investment advisor first. We will not be responsible for any profit or loss caused by you.

Bank Nifty

Bank Nifty levels for tomorrow:

• If Bank Nifty opens flat or small gap-up and breaks 38000 level then our first target will be 38400 and the second target will be 38850.
• If Bank Nifty opens flat or small gap-down and breaks 37480 level then our first target is small which is 37300 and the second target will be 37100.
• Trade with strict SL.

Trading setup for tomorrow 

• Don't trade at the beginning of the market, let it make price action or wait for 5,15 min candle.
• Avoid large gap-ups and gap-downs.
• All the levels in the chart will act as resistance and support, hope you understand.
• If the market opens flat or small gap up and breaks 38000 level then our first target will be 38400 and second 38850.
• Trade with strict SL.

Disclaimer:-  All the information on this website is for educational purposes only, please do your own analysis before taking any trade. If you wish to trade in any of these, consult a certified investment advisor first. We will not be responsible for any profit or loss caused by you.