Last Week we gave Chopad Level 22400 Bank Nifty gave short entry on Tuesday@22400 made low of 22240 missed our 1 target of 22220 by 20 points, Bank Nifty opened gap up on Thursday gave long entry and rallied till 22850 in process doing 1 target on upside but failed to reach the 2 target… Read More »
As discussed in Last Analysis Holding 22700 we can see up move towards 22940/23330. Bearish below 22500 for a move towards 22350/22200. Bank Nifty again opened with gap made high of 22853 and corrected all the way till 22514, holding 22500 gann angle support as shown below. Bulls failed to close above 22700, Bearish below 22500… Read More »
As discussed in Last Analysis So bank nifty continue to trade in the range we discussed 22180-22500, trend trades sit on sidelines till range in broken, scalpers buy low sell high till range in broken. Bank Nifty opened with gap up 22618 but came down to touch the breakout zone made low of 22450 and… Read More »
As discussed in Last Analysis As discussed 22547-559 range which is gann resistance level as per below charts, needs to be crossed for a fast rise towards 22800/22900 range. Bearish only on close below 22180. So bank nifty can keep playing the range of 22180-22500 before a move of another 300-400 points. High made today… Read More »
As discussed in Last Analysis Any close above 22400 will be bullish for next move towards 22800/23200 with minor resistance at 22547. High made today was 22383 so bank nifty facing lot of challenge in crossing our level of 22380, once bulls are able to cross 22383 we can see quick move towards 22547/22559. Range of 22547/22559 is… Read More »
Last Week we gave Chopad Level 21580 Bank Nifty made low of 21578 gave Long entry and did all 3 target on upside by Tuesday thus thus rewarding disciplined Chopad Traders. Lets see how to trade in coming week as we approach the crucial trading month MAY. Bank Nifty Hourly As discussed in last… Read More »
As discussed in Last Analysis High made today was 22380 near our target of 22374. So Bank Nifty continue with its uptrend, Now bulls need close above 22380 for a quick move towards 22547 and 22800. Support is in range of 21950-22000 below which we can see quick fall towards 21800/21500. Any close above 22400 will… Read More »
As discussed in Last Analysis Bank Nifty continue to hold 22000 and made high of 22276. Levels to watch on upside as per gann analysis 22374/22547. Good Support in range of 21800-21830, till this level is held bullish bias continue. High made today was 22380 near our target of 22374. So Bank Nifty continue with… Read More »
As discussed in Last Analysis Bank nifty opened with gap up moved above the gann angle and now is heading towards 1 gann resistance of 22136 and above that 22325. Its been 1 way ride above 21600 and we are up 600 points in 2 trading session. Now strong support in range of 21850-884. Below… Read More »
As discussed in Last Analysis Now break above 21900 can see quick move towards 22000/22136. Bearish below 21500 for a move towards 21350. Bank nifty opened with gap up moved above the gann angle and now is heading towards 1 gann resistance of 22136 and above that 22325. Its been 1 way ride above 21600… Read More »