As discussed in last analysis We got the explosive move today as combination of Astro and Gann Cycle showed the effect. Now Till Bears are below 38300 fall can extend towards 37870/37672/37475. Bulls have chance above 38264 for a move towards 38461/38658. Bank Nifty is outperforming Nifty, as Saturn Impact is coming on IT shares. Now… Read More »
As discussed in last analysis Bulls were able to do 1 target on upside above 38450 but again failed to close above 38450 and bears were able to close below 38260 now waiting for 38067/37865/37668 till we are below 38377. Bulls need to move above 38450 for a move towards 38555/38800/38982. If we again move… Read More »
As discussed in last analysis All Bearish target done we saw gap down and recovery as Mercury went retrograde. Bank Nifty should see trending move in next 2 trading session based on Mercury Retrograde. Bulls need to move above 38450 for a move towards 38592/38787/38982. Bears will have chance below 38260 for a move towards… Read More »
Last Week we gave Chopad Level 37840 Bank NIfty Bulls were able to do 4 target on Upside so Excellent Week for Chopad Followers Bayers Rules helped in catching the trending move as Low for the week was made on 10 Jan. Coming week we have Bayer Rule 27: Big tops and big major bottoms… Read More »
As discussed in last analysis Bears were able to do 1 target on downside and closed below 38599 so waiting for 38357 which should be done with gap down open. Fresh short can be taken below 38323 for a move towards 38179/37983. Bulls will have chance only above 38555 for a move towards 38666/38862/39007.… Read More »
As discussed in last analysis 3 IT major TCS,Infosys,Wipro will come with results tommrow total weightage of that is around 16% in Index. Bank NIfty will move opposite to what IT Index will move so be cautious in your position on bank nifty as we will see gap up or gap down, Neural shows we… Read More »
Coming week we have Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes. and Bayer Rule 19: We have tops when Venus in geocentric position passes the conjunction with the Sun. and Venus Minimum distance from earth suggesting another exciting… Read More »
As discussed in last analysis We opned with Huge gap down as bank nifty was not able to close above the range of 37807-37924 and also formed Inside Bar Pattern, Now bulls need to move above 37539 for a move towards 37636/37732/37924. Bears will have chance below 37347 for a move towards 37251/37157/37058. Gap up… Read More »
Now Set up is ready for a big move in bank nifty in next 2 trading session. Bulls need to move above 35158 for a move back to 35343/35528/34713. Bears will get active below 34973 for a move back to 34788/34603/34418. Jupiter Square North Node aspect happened on 03 Jan, Jupiter is ruling plannet of… Read More »
Considering 2021 as a whole, the BANK NIFTY booked a 13% yearly gain. Nifty Bank index is on course to mark its second straight year of underperformance to the Nifty50. The banking index trailed the returns of the benchmark by 10% in 2021, after a 18 % underperformance in 2020. Given the underperformance of the… Read More »