Daily Index View : BANKNIFTY as on 03/05/2025
🎯 Market Zone : Structural Prospective :- Profit Booking zone
📊 20 DEMA : Last day close was 1 Standard deviation above 20 DSMA Profit Booking zone
📅➡️1️⃣ 1 Month Gain : Monthly Gain is 1 Standard deviation above average Rolling monthy Gain Profit Booking zone
📅➡️3️⃣ 3 Month Gain : Quaterly Gain is 1 Standard deviation above average Rolling Quaterly Gain Profit Booking zone
🎯 Market Surface : Intraday Prospective
🚨 Current Market Trend: Negative 📉 Probability -25.0%
🔍 Key Level to Watch: 55230
🔄 Current Market Surface: The trend will stay negative until the market breaks above 55230 That’s 114 points away from the last trading price.
Information Surface (Subjective View)
🌐 Sentiments: Dow Jones Futures is Trading Extremely positive & HANG SENG Index is trading Extremely positive - Probability: 81.0%
👁️Reflexivity for First Half Trades: Last Day Momentum was on the downside, So the Market should be in Negative / Attempt to go Down in the First Half- Probability: -3.0%
⚔️ Demand will be Dominating today - Probability FALSE
Total probability based on Market Surface : (Objective View) & Information Surface (Subjective View) is 53.0%
What you should do? : Bies for a day will be TO BUY @ 55593.5 For Target of 55696 & 56003.5
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