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 Bearish below 25150 for a for a move towards 25000/24800. Low made today was 25223 and bank nifty bulls held the range of 25250-70 and also closed near the gann angle, also we have time cycle turn date tommrow so we can see high intensity move in bank nifty in next 2… Read More »
Last Week we gave Chopad Level 25700 Bank Nifty gave Short Entry as per Chopad Level Monday as High was 25695 and did 3 target on downside, so good week for Chopad followers. Lets see How to trade Bank Nifty in week. Bank Nifty Harmonic Pattern Waiting for ABCD pattern target of… Read More »
As discussed in Last Analysis Another day of consolidation bank nifty forming gravestone doji and also double top both requiring a follow up move, We are heading towards important time cycle cluster of 07-08 Nov which will decide the next market move. Break of 25700 we can see fast move towards 25832-25850 where gann angle… Read More »
Last Week we gave Chopad Level 25000 Bank Nifty gave Short Entry as per Chopad Level Monday as High was 24995 and did 1 target on downside, Longs were triggered on 31 Oct before the big gap up we saw and did all 3 Targets on upside, so good week for Chopad followers. Lets see… Read More »
As discussed in Last Analysis Close above 25050 will be bullish for November month. Bullish above 25050 for next move towards 25200/25560/25920. Below 24928 bears have upper hand can push nifty towards 24600/24476/24000. Bank Nifty made another failed attempt to close above 25050 but bears also failed to break 24928, so we are in neutral zone… Read More »
As discussed in Last Analysis As per time analysis 27 Oct is another important trend change date for Bank nifty. As Bulls were unable to close above 25050,we had gap down opening and once below 24928 bears did the first target of 24840 near the gann angle support. Till we are below 24928 bears have upper… Read More »
Last Week we gave Chopad Level 24120 Bank Nifty gave Short Entry as per Chopad Level Monday but was stopped out, Longs were triggered on 24 Oct before the big gap up we saw due to bank recapitalization news and did all 3 Targets on upside, so good week for Chopad followers after Diwali. Lets… Read More »
As discussed in Last Analysis Now Bullish above 24120 for a move towards 24250/24476. Bearish bel0w 23900 for a move towards 23750/23600. Low made was 23912 so bank nifty bears unable to continue the downtrend as 23900 was not broken, Bulls also unable to close 24120, HDFC Bank which was 34% weightage in bank nifty… Read More »