Market Predication on bank nifty  

 

Today I am sharing with you my market prediction on Bank Nifty dated 25 Nov 2022. Also, share with you FII data so clear your view and read the chart easily.
last, a few day markets show good strength you can see in the daily chart and its start rally from 42000 psy No from that day continuously going up 

Daily chart

there is shown nifty day by day go up and upper side is 43500 psy level so you can wait for an open market its open gap up or gap down if it open gap up then there is a 43500 PSY level which becomes its resistance.

1 hour chart 

one-hour chart time frame there is clear the last expiry is consolidated from 10.15 to 1.15 no major move in this type of market on expiry takes your profit into loss because time dace. today is a new month start and a new position made in the future so you can see upside move if its sustained on 43000 

15 Mint chart 

now came to my fav chart time frame 15 chart time frame is best for trade executed. this chart's time frame is clear many think that sellers activate the last 15 mints candle as you see in the chart but not to much down market it close in the green candle so today wait for the right entry time if is sustained on 43000 first 15 mint candle. you also see the RSI level show an overbought level. SGX Nifty closed in green meaning Indian Nifty and Bank nifty opened green so wait your entry.

 

also, check FII data for more clarification