Thursday 28 September 2017

NIFTY 50 VIEW

Nifty 50 (9735)

Nifty yesterday did not hold its bounce back zone of 9750 and gave a close below 9750.

Today if it maintains below 9770-9780 it can again show selling pressure towards 9700-9680.

If maintains above 9790 it can show bounce towards 9840..9860..9900.
NIFTY BANK VIEW

Nifty Bank (23812)

Nifty Bank did not hold its bounce back zone and closed below 23880.

Today to show pull back it has to trade above 23890 and show 24180-24500 if faces resistance in this zone of 23880- 23900 it can again show selling pressure towards 23600-23400.

Tuesday 26 September 2017

NIFTY BANK VIEW

Nifty Bank (24165)

Nifty Bank is heading towards its bounce back support of 23850.

Sell on rise is the strategy for the day 
24250-24470 are resistance zone.

If maintains above  24600 it can show some pull back towards 24800.
NIFTY 50 VIEW

Nifty 50 (9872)

Nifty yesterday did not hold the support of 9950-9900 and shed to 9816 forming strong selling pattern.

Today on trading below 9800, it can shed to 9750- 9740 completing the selling pattern. 

Sell on rise should be the strategy today as it can rise to 9900- 9920.

Above 9950 it can resume to show some pull back.

Monday 25 September 2017

NIFTY BANK VIEW

Nifty Bank ( 24368)

Nifty Bank is heading towards 23800 in this week, if trades below 24300. 

If trades above 24480- 24500, it can also resume back to 24700 today.
NIFTY 50 VIEW

Nifty 50 (9964)

Nifty opened below 10100 and showed steep fall towards 10000-9950.

If nifty maintains above 9950, it can act as bounce back zone

Above 10000-10040 only uptrend can resume.

Below 9950, It can show 9880-9800.

Friday 22 September 2017

NIFTY 50 VIEW

Nifty 50 (10121)

Nifty yesterday showed selling pressure in the first hours of trade but resumed back from the the low (10058) of the day as it was a support and bounce back zone (10080).

Today if it holds above 10110-10100 zone and crosses 10040 it can show 10167- 10180.

If trades below 10060 it can slide to 10040- 10000.

Thursday 21 September 2017

NIFTY BANK VIEW

Nifty Bank (24965)

Nifty Bank is not able to maintain above 25000 and showing a neutral close in past trading sessions.

It can show a dip towards 23800 and bounce back.

Below 23800 support zone lies at 23600..23500 

Above 25000 it can catch uptrend again
NIFTY 50 VIEW

Nifty 50 (10141)

Nifty has crossed all time high but is not able to show good momentum.

It can either slide make dip to 10100..10080 and bounce back.

To show uptrend it has to trade above 10180 and show 10195-10220.

Wednesday 20 September 2017

NIFTY BANK VIEW

Nifty Bank (25041)

Nifty Bank has traded in a very narrow range yesterday and has given a neutral close.

Now if it trades below 25000 it can slide to 24800.

If trades above 25100 it can show 25300.
NIFTY 50 VIEW

Nifty (10147)

Nifty traded yesterday the same range of the previous day, range 10120-10180
but gave opening with a new high.

Break through either side will decide the further trend in it.

Above 10180 is 10195-10220.

Below 10120 is 10000-9980.

Tuesday 19 September 2017

NIFTY BANK VIEW

Nifty Bank (25046)

Nifty Bank has also given a gap up opening and now is heading towards its all time high of 25198.

Support is at 24900-24800. 

Resistance is at 25100-25200.

If trades below 24800 it can shed to 24700-24500.
NIFTY 50 VIEW

Nifty 50 (10153)

Nifty has given a breakout above its all time high of 10137,with a gap up opening.

Now nifty has entered into a new rally zone it can show 10170-10190-10200.

With the support of 10120-10130.

If trades below 10120 it can show 10080.

Monday 18 September 2017

NIFTY BANK VIEW

Nifty Bank (24844)

Nifty Bank has been consolidating in the zone of 24600-25000 it can show good momentum on breaking this range either side. 

Below 24600, it can slide to 24500.
Above 25000 it can show 25200-25400.
NIFTY 50 VIEW

Nifty 50 (10085)

Nifty is trading near its resistance of 10100-10140 on crossing this, It can show a good momentum and rise towards 10224-10300. 

Support zone is raised to 10060-10080.

If nifty trades below 10060 it can slide to 10000-9980.

Friday 15 September 2017

NIFTY BANK VIEW

Nifty Bank (24912)

Nifty Bank has been consolidating from last three days 24600..25000 zone closing with a neutral patterns.

Today if it breaks 24800 it can slide to 24700..24600.

If maintains above 25000 it can again catch momentum of uptrend to show 25086..25200.
NIFTY BANK VIEW

Nifty Bank (24912)

Nifty Bank has been consolidating from last three days 24600..25000 zone closing with a neutral patterns.

Today if it breaks 24800 it can slide to 24700..24600.

If maintains above 25000 it can again catch momentum of uptrend to show 25086..25200.

Thursday 14 September 2017

NIFTY 50 VIEW

Nifty 50 (10079)

Nifty yesterday traded near its all time high  (10137) but did not cross it and made a high of 10131.

The closing patterns are showing selling signals on maintaining below 10060-10050 zone it can show 10020-10000-9980.

If trades above 10100 and on crossing 10140 uptrend can resume towards 10160-10180.

Wednesday 13 September 2017

NIFTY BANK VIEW

Nifty Bank (24784)

Nifty Bank has given a good breakout it can soon show 24850- 24920 with the support of 24770- 24750.

If trades below support it can shed to 24700-24680.
NIFTY 50 VIEW

Nifty 50 (10093)

Nifty has reversed with a positive formation from 9900 and now is heading towards 10137 the all time high.

It can show new high of 10180 levels.

Support zone is @ 10040, if trades below this it can cool down to 9980.

Tuesday 12 September 2017

NIFTY BANK VIEW

Nifty Bank (24672)

Nifty Bank has given a fresh breakout from the consolidation range of last week.

It is heading towards 24780-24880, with the support of 24400-24450 zone.

If it trades below 24400 it can slide to 24340-24280.
NIFTY 50 VIEW

Nifty 50 (10006)

Nifty yesterday traded above the consolidation range of last week forming uptrend active once again.

Now the support zone is 9960-9980 for today and maintaining above 10030 it can show 10080-10140.

If it trades below 9960 it can again slide to 9940-9920.

Monday 11 September 2017

VIEW ON MARUTI ON 07/09/2017

Maruti cmp 7941 is ready for a rally of 300 points in a week with the support of 7770.

MADE A HIGH OF 8177
VIEW ON INDUSIND BANK ON 06/09/2017

Watch indusind bank cmp 1690 

can show 1730..1760 in 3..5 trading sessions 

with the support of 1654..1658 zone

MADE A HIGH OF 1802
FINAL LEVEL MET
VIEW ON JUBLIANT FOOD ON 06/09/2017

Watch jubilant food cmp 1404 

support 1370..1390  

can show 1430..1444..1464

MADE A HIGH OF 1465
FINAL LEVEL MET
NIFTY BANK VIEW

  Nifty Bank (24370)

• Nifty Bank is trapped in a very narrow range of 23900-24500 from last month.

• Break through either side will decide the further trend in market. 

• In positional charts nifty bank has to trade above 24500 to show 24634-24800-25000 levels. 

• Below 23900, it can slide to 23600-23400.
NIFTY 50 VIEW

Nifty 50 (9934)

• Nifty consolidated in the range of 9880-9990 last week.

• It gave a closing with neutral to positive closing above 9900. 

• If it holds 9880 zone and maintains above 9940, it can rise to 9995-10040. 

• If breaks 9900-9880, it can slide to 9860- 9840-9800.

Friday 8 September 2017

NIFTY BANK  VIEW

Nifty Bank (24304)

Nifty Bank is trading near its support zone of 24200-24400.

It has given a neutral pattern close.

Today when it trades above 24330, it can rise to 24390-24480.

If trades below 24300 it can slide to 24240- 24150.
NIFTY 50 VIEW

Nifty 50 (9929)

Nifty is consolidating from last three days near its support zone of 9900 9910 and yesterday has closed above 9910 which is a good sign.

Today it can show 9980-10040 on trading above 9940.

If maintains below 9930-9940 it can again shed to 9900- 9880.

Thursday 7 September 2017

NIFTY BANK VIEW

Nifty Bank (24279)

Nifty Bank is trapped in a zone of 24500-24000 break through either side can show the further trend.

Today being weekly expiry trading session can be volatile.

Support zone is 24100, below this it can slide to 24000-23900.

If holds above 24340, it can show 24430-24580.
NIFTY 50 VIEW

Nifty 50 (9916)

Nifty is near its support zone of 9910..9880.

Yesterday it gave a dip to 9880 and resumed back but consolidated near 9910-9925.

Today it has to trade above 9930-9940 zone to show 9980-10000.

If trades below 9880-9860, it can slide to 9820-9810.

Wednesday 6 September 2017

NIFTY BANK VIEW

Nifty Bank (24328)

Nifty Bank is trading near its support zone of 24200..24100.

Nifty bank has resistance zone @ 24450- 24500 zone on crossing this it can show good momentum towards 24700.

Below 24100 it can slide to 23900.
NIFTY 50 VIEW

Nifty 50 (9952)

Nifty yesterday has hold the zone of 9900-9910 zone and gave a positive close above 9950.

Today if holds the zone of 9930 and trades above 9980- 9990 it can rise to show 10040-10060.

Below 9900 it can again show selling pressure towards 9880-9840.

Tuesday 5 September 2017

NIFTY BANK VIEW

Nifty Bank (24236)

Nifty Bank is near its support zone of 24200-24100.

To catch uptrend and show higher levels it has to trade above 24340 and cross 24450 zone.

If trades below 24200, it can slide to 24100-24000.
NIFTY 50 VIEW

Nifty 50 (9912)

Nifty 50 has given a close near its support zone of 9900..9920.

It has to trade above 9920 to catch uptrend and rise towards 9980-10048.

If maintains below 9880 it can again slide to 9850-9830.

Traders should keep positions light and hedged as market can show volatile moves on uncertainty of global war like situation between Korea and America.

Monday 4 September 2017

NIFTY BANK VIEW

Nifty Bank (24434)

Nifty Bank is still in the consolidating phase as it did not cross 24500 zone.

Support zone lies @ 24000 and above 24500 it can rise 24590-24600.

Below 24000 it can shed to 23800.
NIFTY 50 VIEW

Nifty 50 (9974)

Nifty has given a trend-line breakout and closing above it with a positive formation.

It is heading towards 10000-10040 with the support of 9900 any dip can be used as buying opportunity.

Below 9900 it can again shed to 9850-9830.

Friday 1 September 2017

VIEW ON CENTURY TEX [EQ] ON 30/08/2017

Eq Century tex cmp 1220

Can show 1244..1254 

with the support of 1190

MADE A HIGH OF 1254
ALL LEVELS MET
VIEW ON DLF [EQ] ON 29/08/2017

LTP 184

CAN SHOW 188-192-194

SUPPORT 179

MADE A HIGH OF 192.60
SECOND LEVEL MET
HEADING TOWARDS FINAL LEVEL
REVISE SUPPORT IN YOUR FAVOUR
VIEW ON HERO MOTOCO [EQ] 31/08/2017

LTP 3996

CAN SHOW 4045-4065-4085

SUPPORT AREA 3950-3940

MADE A 52 WEEKS HIGH OF 4091.95
ALL LEVELS MET