As discussed in Last Analysis Low made was 25726 and high made was 25871 so bulls continue to move higher as tommrow is trend change date so bulls need a close above 25776 for a move towards 25920/26064. Bearish only below 25612 for a move towards 25488/25350. Bank nifty closed at 25767 just below our trigger… Read More »
As discussed in Last Analysis Low made yesterday was 25166 as bank nifty protected 25150 and today as soon as 25350 was taken out bulls did 25496 almost hitting our target of 25500. Till 25350 is held bulls can continue up move towards 25700/25850/26000. Bearish below 25300 for a move towards 25150/25000. This is how… Read More »
As discussed in Last Analysis Bearish below 25150 for a for a move towards 25000/24800. also we have time cycle turn date tommrow so we can see high intensity move in bank nifty in next 2 days. Low made was 25166 and High made was 25318 so bank nifty remained in neutral zone in our range,… Read More »
As discussed in Last Analysis Bank Nifty gave the big move as we were expecting near turn date and also made low of 24706 near our target of 24700 and bounced back as its was gann angle support, Now Bulls need to move above 24800 for a move towards 24994/25198. Bearish below 24700 for a… Read More »
As discussed in Last Analysis Low made today was 24938 so bulls again protected 24940 but failed to close above 25000, so we closed in neutral zone before the outcome of Fed policy also as seen in below chart we closed at the trend change date so expect a good move in bank nifty in… Read More »
Last Week we gave Chopad Level 24480 Bank Nifty opened above the chopad level, Hence chopad followers were unable to take trade. Lets see How to trade Nifty in coming week as we approach the crucial trend change date of 23 Sep. Last Week time cycle of 18 Sep did give a good trade. … Read More »
Last Week we gave Chopad Level 24850 Bank Nifty gave Long Entry on Monday and did the Third target by Thursday ,so good week for Chopad followers.Lets see How to trade Bank Nifty in coming week as we have monthly closing and RBI Policy on 02 August. Bank Nifty Hourly Bank Nifty needs… Read More »
As discussed in Last Analysis Close above 25200 will push bank nifty towards 25344/25500. As we have new time cycle starting today so today’s low of 24828 should be held till 07 Aug for Bulls to have upper hand and move towards 25200/25344/25560. Bearish below 25000 for a move towards 24840/24440. As per time analysis… Read More »
Last Week we gave Chopad Level 24300 Bank Nifty gave Long Entry on Monday and did the Third target by Thursday ,so good week for Chopad followers.Lets see How to trade Bank Nifty in coming week as we have monthly closing and RBI Policy on 02 August. Bank Nifty Hourly As discussed in… Read More »
As discussed in Last Analysis Bank Nifty made high of 24624 so it opened above the important number of 24476-24480, Low made today was 24450 and closed above 24520. Above 24480 next level of resistance is in range of 24649-24680 as shown in below chart. Traders who are long should trail position with SL of… Read More »