DAILY ANALYSIS for 21 may 2026

Added: 2026-05-21

[00:00:00]Very good evening traders. Let's see where Nifty, Bank Nifty can move tomorrow.

[00:00:04]Where will the movement be tomorrow? This could be of Bank Nifty and Nifty. Till we talk about Nifty, let us check today's movement of Nifty.

[00:00:14]After that we will find out tomorrow's movement. Look at the market, I had told you earlier also that the market is sitting at a support level. And what was that support level? If I remove the cloud, I remove everything. So its support level was this one. I will also take a marker here so that you can know how the movement happened.

[00:00:33]See, this was a support level. I had said earlier also that this level has not been tested and the market will have to come to test this level.

[00:00:41]Look, the market has been testing this level for three times.

[00:00:47]Now it is possible that the market may break this and move higher. The market should take a big movement. It may be possible. So, this is your support from the market. This became support and this became resistance. The market will have to overcome this.

[00:01:04]So, if the market showed movement today.

[00:01:06]You are also seeing that you have got a good movement in the market in one hour.

[00:01:10]But, if I talk about a trend line, there is a trend line coming from above.

[00:01:14]If you are seeing this trend line then this is a trend line and let this trend line break and it would be best if you let this level also break.

[00:01:23]But what would be even better than that? It would be even better to wait in the market for a day or two and let the market close above this level.

[00:01:32]If the close is above this level, you may see a good movement.

[00:01:36]So if the market has to move then it will have to go up from here only then you will be able to give a good buy with it. But what is the problem now? What happens if I take Nifty Bank and Sussex instead? If I talk about Nifty Bank, then take Nifty Bank along with it and also take Sensex along with it. If you check all three things, you will know where Nifty is moving.

[00:01:59]This is nifty. This became Ah Bank Nifty and this became Sensex. I apply all three things.

[00:02:05]I put all three things here.

[00:02:08]So this became Nifty, Bank Nifty and Sensex.

[00:02:12]I will put it here. So now about Nifty, I said this is a support level of Nifty which we are seeing. The market is trading above the support level.

[00:02:19]You see this support level is trading above it. If I talk about Nifty Bank along with this, then check Nifty Bank. This support level of the market is trading below it.

[00:02:31]Now you understand where the problem is. The market is at a support level here and the market is below it. Nifty is above it. Nifty Bank is below it. If I talk about Sensex then check Sensex also. What is the support level of Sensex? I will mark this also and show it to you. Which is the support level of Sensex? Let's mark it [music]. This is the support level of Sensex.

[00:02:55]And the market is also trading down.

[00:02:57]So what is the case now? Nifty is trading above its support.

[00:03:03]Bank Nifty is trading below the support and Sussex is also trading below the support.

[00:03:09]This means Nifty above support, Bank Nifty below, Sensex below.

[00:03:15]What does this mean to you? Unless Bank Nifty crosses support, Sussex crosses support, Nifi will not see a major movement.

[00:03:24]Talking about the opposite side, if Bank Nifty comes above the support, Sussex also comes above the support, then Nifty will get a huge boost. So Nifty can move towards a big move. So if you have Bank Nifty and Sussex opening higher then a big movement of Nifty can be expected. We have expected that.

[00:03:44]So keep in mind that a big movement in the market may come to you. The only reason for this is that along with Bank Nifi, if ah Sensex also opens higher and Nifi is above your support. Nifty should remain above the support and Bank Nifty should move up, Sensex should also move up. This is a big movement for you.

[00:04:03]But still I would suggest that the movement of Nifty in the market should be towards this level because it can provide resistance. It is possible that right now Nifty may go up. Bank Nifty remained here.

[00:04:15]Nifty Bank and Sensex should take resistance from here. Move downwards and your Nifty sorry Bank Nifty should come down from here. It may be possible. Therefore, it would be better to let the market close above this. When the close is above this, now you are a big buy. So this will be tomorrow's prediction. So please be careful.

[00:04:34]I make this video for educational purpose so that you can learn something from it and then you will be able to work on it. Let's thank you all of you.

[00:04:41]Thanks a lot.