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 »
As discussed in Last Analysis Fresh longs should be taken above 25000 for a move towards 25200-25284. Bearish below 24624 for a move towards 24480-24300. High made today was 25168 so bank nifty reached near our target of 25200 but did not achieve it,hopefully will be done tomorrow. Close above 25200 will push bank nifty… Read More »
As discussed in Last Analysis Fresh longs should be taken above 25000 for a move towards 25200-25284. Bearish below 24624 for a move towards 24480-24300. High made today was 25168 so bank nifty reached near our target of 25200 but did not achieve it,hopefully will be done tomorrow. Close above 25200 will push bank nifty… 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 »
Last Week we gave Chopad Level 24000 Bank Nifty gave Long Entry on Monday and did the second target by Thursday ,so good week for Chopad followers.Lets see How to trade Bank Nifty in coming week. Bank Nifty Hourly As discussed in last analysis now bulls need a close above 24000 for a move… Read More »
Last Week we gave Chopad Level 23500 Bank Nifty gave Long Entry on Monday and did the third target by Thursday ,so good week for Chopad followers.As we have been discussing we are in impulsive time cycle and we got the expected 4% move in index in last 2 weeks, So time cycle worked till… Read More »
As discussed in Last Analysis High made today was 23938 so bulls continue to rally, now next levels to watch out are 24025-24048, above which we can move towards 24144/24389 which is the target of this move as per below chart. bearish below 23472 for a move towards 23300/23150. Bank Nifty did a new life… Read More »
As discussed in Last Analysis High made today was 23736 so bank nifty again did our breakout target twice in 2 days. Now we are heading towards 23964/24144 till we held on to 23550. Bearish below 23300 for a move towards 23150/23000. As per time cycle till we are holding todays low of 23530 bulls… Read More »
As discussed in Last Analysis Bank Nifty consolidated in small range today and till 23540 is held we can again head towards 23630/23720. Low made today was 23554 so bulls held on to 23540 as shown in below chart near gann angle. Bearish below 23300 for a move towards 23150/23000. High made today was 23736 so… Read More »