Category Archives: Bank Nifty budget day

How BANK Nifty Performed On Budget Days Over Last 18 Years

By | January 30, 2022 8:05 am

Union Budget 2022 will be presented on 01 Feb by Honorable Finance Minister Shri Nirmala Sitharaman ji. 4th Budget in the Leadership of our Beloved PM Shri Narendra Modiji after he was elected again in 2019 with a thumbing Majority. Sentiment is quiet Bearish on Dalal Street Nifty is down almost 1000 points from Jan… Read More »

Bank Nifty Pre Budget Analysis

By | January 28, 2021 8:27 pm

As discussed in Last Analysis   Now Bears need to break 29952 for a move back to 29808/29664/29520. Bulls above 30096 can rally abck to 30240/30384/30538. It was a wild expiry and level helped us in capturing both upside and downside move, Now we have Jupiter conjuction happening tommrow suggesting another big move will be… Read More »

A look at history: Bank Nifty on budget day

By | January 31, 2020 1:24 pm

Union Budget 2020 will be presented on 01 Feb by Honorable Finance Minister Shri Nirmala Sitharaman ji. 2nd Budget in the Leadership of our Beloved PM Shri Narendra Modiji after he was elected again in 2019 with a thumbing Majority. This Budget will have loads of Expectation. Market will have Close Eye on Fiscal Deficit… Read More »

Bank Nifty Crashes after Union Budget

By | July 8, 2019 11:33 pm

As Discussed in Last Analysis Fresh long should be taken above 31660 for a move towards 31784/31964/32054. Shorts should be taken below 31305 for a move towards 31216/31128/31040/30952. Shorts did the target on downside,Neural Analysis worked perfectly and we saw big fall on 08 Jul and once below 31000 had a big fall. Now Bulls… Read More »

Bank Nifty Post Budget Day Analysis

By | July 6, 2019 10:34 am

As Discussed in Last Analysis Bank Nifty has formed doji on day before budget Bulls need to move above 31610 for a move towards life high of  31784/31964/32054. Bears will get active below 31490 for a move back to 31338/31250/31015. Budget day turned our to be non event for Bank Nifty as the range was… Read More »