Nifty & Bank nifty | SENSEX Analysis | Prediction For 16 JULY 2025

Summary

The video discusses the current market trends, focusing on Bank Nifty, Sensex, and Nifty charts. It highlights the upside momentum in the market, where buyers initially entered but were driven out due to breakdowns. The speaker suggests potential setups for buying based on flat or gap-up openings, emphasizing support and resistance levels for each index. Key resistance and support points are provided for Bank Nifty, Sensex, and Nifty. The speaker advises viewers to monitor the market closely for retracements and trade setups, offering insight into potential market movements and strategic approaches for trading.

Takeaways

• 😀 Market shows upside momentum in Bank Nifty, with movements above 57,000 indicating potential buyer activity.
• 😀 Buyers may have been driven out by the market as it falls below 57,000, leading to a potential breakdown.
• 😀 If the market continues up after removing buyers, it could suggest continuation of the current trend.
• 😀 Flat or gap up opens may indicate potential for identifying buying-side setups in the market.
• 😀 Resistance levels in Bank Nifty are around 57,282 and 57,150, with support at 56,81 and 56,630.
• 😀 Sensex also sees good upside momentum and a breakout above 500, but retracement may have shaken out some buyers.
• 😀 Gap down or flat to gap up opens in Sensex could provide opportunities to identify buying setups.
• 😀 Support in Sensex is around 82,447 and 82,200, with resistance levels at 82,856 and 83,034.
• 😀 Nifty follows a similar pattern to Sensex, with upside momentum and potential for retracement before further movement.
• 😀 Resistance levels in Nifty are around 25,250 and 25,341, with support around 25,140 and 25,152.
• 😀 Traders are encouraged to study the charts closely for further insights and to make informed decisions.

Q & A

What is the key focus of the analysis in the video?

The analysis focuses on identifying market trends, particularly in the Bank Nifty, Sensex, and Nifty charts, and discussing buying setups and retracements.

What was the initial market movement for Bank Nifty?

The market initially showed upside momentum and moved above 57,000, which suggested that buyers might have entered the market.

What happened to the buyers who entered the market above 57,000?

The buyers were driven out when the market fell back below 57,000 due to a breakdown, which led them to exit the market.

What can happen if the market goes up after removing buyers?

If the market moves up after removing the buyers, it could signal a continuation of the uptrend.

What is the strategy if there is a gap up or gap down opening in the market?

The strategy is to identify a buying setup when the market opens with a gap up or gap down, as it might present an opportunity for traders.

What are the support and resistance levels for Bank Nifty?

The resistance levels for Bank Nifty are 57282 and 57150, while the support levels are 5681 and 5630.

What is the key observation regarding Sensex's movement?

Sensex showed good upside momentum with a breakout above 500, but retracement occurred, taking out some buyers from the market.

What are the support and resistance levels for Sensex?

The resistance levels for Sensex are 82856 and 83034, and the support levels are 82447 and 82200.

How does Nifty's chart compare to Sensex's chart?

Nifty's chart shows a similar pattern to Sensex's, with upside momentum and the same plan for identifying buying setups during gap movements.

What are the support and resistance levels for Nifty?

The resistance levels for Nifty are 25250 and 25341, while the support levels are 25140 and 2552.