Nifty, Bank Nifty, Support, Resistance, Put Call Ratio Prediction 16 March

Nifty, Bank-Nifty Prediction Forcast 

Stock Market Data- Our goal is to provide the Nifty and Bank Nifty support and resistance level and trade data of FII and DII on daily basis at one place. Please have a look and set your goal for tomorrow.

Today both Nifty and Bank Nifty formed a Bearish candle.

If we talk about Nifty, It closed above 200-ema which would be a good sign if market sustain at this level(16550-16930). Bank Nifty is trading below 200-ema and we may see the Bank Nifty at level (34750-35600)

At this level, If Nifty and Bank Nifty are going to change its bearish trend, both might have a short recovery tomorrow.

Based on the data market may open gap-down or flat tomorrow. Do your research and take your own decision.

Nifty 15 March  2022 Key NoteStrength
Crucial Support
1st Support16550Weak
2nd Support16450Strong
3rd Support16350Very Strong
Crucial Resistance
1st Resistance16750Weak
2nd Resistance16920Strong
3rd Resistance17100Very Strong
Bank Nifty 15 March  2022Key NoteStrength
Crucial Support
1st Support34720Strong
2nd Support34250Strong
3rd Support33850Very Strong
Crucial Resistance
1st Resistance35370Weak
2nd Resistance35650Strong
3rd Resistance36200Very Strong
PCR Weekly Expiry 15 March  2022Ratio
Script
Nifty0.63
Bank Nifty0.77
Sentiment- Bearish
PCR Monthly Expiry – 15 March  2022Ratio
Script
Nifty1.46
Bank Nifty0.90
Sentiment- Neutral
FII DII  Position – 15 March  2022Buying/Selling
CashNet Value(Cr)
DII+98.25
FII-1,249.74
FutureNet Value(Cr)
FII-1,229.04
OptionsNet Value(Cr)
FII-776.06

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One Response

  1. Earliar I have gone through candle pattern given by you excellent one and this effort making us to think of next candle take paper trade it is superb idea hats off sir now u are also giving analysis what to comment speechless, God bless you sir.
    Trade

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