Wednesday 31 January 2018

NIFTY BANK VIEW

Nifty Bank (27269)

Nifty Bank is trading near support zone of 27200-27230.

If reversed from here it can again rise to its all time 27652 high, otherwise on breaking support it can shed to 27100-27000.
NIFTY 50 VIEW

Nifty (10049)

Nifty yesterday did not maintain above 11130 and broke the support zone of 11120 and shed to 11030.

Now it is trapped in its breakout zone. 
Above 11130 it can show 11170-11220.

But if trades below 11030, it can shed to 11000-10980.

Tuesday 30 January 2018

NIFTY BANK VIEW

Nifty Bank (27498)

Nifty Bank has also given a breakout yesterday with a new high of 27652.

Today on trading above 27530 it can show 27650-27698-27763.

If trades below 27400-27500 the support zone, it can slide to 27270-27100.
NIFTY 50 VIEW

Nifty 50 (11130)

Nifty has once again given a new high closing yesterday with a positive pattern breakout.

Today on trading above 11120-11130 zone it can show 11160-11175-11220-
11248.

If trades below the support zone of 11070-11060, it can slide to 11010-10980.

Monday 29 January 2018

NIFTY BANK VIEW

Nifty Bank (27445)

Nifty Bank too has formation of positive pattern for a rally of 1000 points but that will be active only on trading above 27600.

Support zone lies @ 27100-27150 if trades below this support zone it can slide to 26700.

Intraday levels are support 27370-27230.

Resistance 27595-27698.
NIFTY 50 VIEW

Nifty (11069)

Nifty has made a weekly close with a new positive pattern on its new high. This pattern is showing 300 points of rally in coming week on trading above 11120 and show 11300-11400-11000-11020 will act as support for the week. 

Heading towards budget on 01st Feb traders should keep long positions light in the later part of the week i.e till Thursday.

Resistance zone for intraday is 11144-11230.

Support is 11040-11020, if trades below 11000, it can slide to 10950-10880.
[08:44, 1/29/2018] +91 82962 43481: 

Thursday 25 January 2018

NIFTY BANK VIEW

Nifty Bank (27398)

Nifty Bank has formed a neutral signal.

Today if trades below 27210, it can slide 27100.

If trades above 27422, it can show 27478- 27512- 27630.
NIFTY 50 VIEW

Nifty 50 (11086)

Nifty has made a neutral to consolidation  formation yesterday near it's support zone of 11060-11040.

Today on trading above 11110-11120, it can resume uptrend and show 11144- 11208.

If breaks the support zone of 11040-11060, it can slide to 10950.

Wednesday 24 January 2018

NIFTY BANK VIEW

Nifty Bank (27390)

Nifty Bank is scaling towards new high of 27630-27680.

Support zone for the day 27280-27160.

Resistance zone lies @ 27510-27630.
NIFTY BANK VIEW

Nifty Bank (27390)

Nifty Bank is scaling towards new high of 27630-27680.

Support zone for the day 27280-27160.

Resistance zone lies @ 27510-27630.
NIFTY 50 VIEW

Nifty 50(11083)

Nifty gave a gap up opening and made a new high 11092. Every month nifty has made a new high towards expiry.

If it trades below 10994 it can fill the gap till 10975.

If trades above 11093 it can show 11118-11155.

Support zone lies @ 11060-10994.

Tuesday 23 January 2018

NIFTY BANK VIEW

Nifty Bank (27041)

Nifty Bank again made a new high of 27074 and is heading towards 27130-27210- 27280.

Support lies @ 26980-26840.
NIFTY 50 VIEW

Nifty 50 (10966)

Nifty again made a new all time high of 10975 and is heading towards 11300 (The stiff resistance of the year) before budget.

Sessions can be volatile due to expiry week.

Support zone lies @ 10930-10890.

Resistance zone lies 11000-11062 for the day.

Monday 22 January 2018

NIFTY BANK VIEW

Nifty Bank (26909)

Nifty Bank has made a new high of 26957 and has given a weekly close on a new high of 26909.

Support zone lies @ 26400-26600 for the coming week.  

It can show 27290-27470-27600.
NIFTY 50 VIEW

Nifty 50 (10894)

Nifty made a new all time high of 10906 and has given a weekly close near its all time high.

10820-10860 will act as a support zone for the coming expiry week.

Resistance zone lies @ 10890-10930-10970.

All formation in charts are showing a positional breakout move in coming  six months and show 1500 points in nifty and 6000 points move in nifty bank.

Friday 19 January 2018

NIFTY BANK VIEW

Nifty Bank (26537)

Nifty Bank had given a gap up opening and made a high of 26887 but slide down to 26400 levels.

Nifty Bank has maintained the gap on closing basis forming a neutral signal for tomorrow.
If it maintains above 26400, it will rise again towards 26800.

If breaks 26400 it can fill the gap of (26335-26423) and slide further to 26150-26080.
NIFTY 50 VIEW

Nifty 50 (10817)

Nifty gave a gap up opening and filled the gap on profit booking in the latter part of the day but gave a closing above 10800. 
Now if it maintains above 10800, it can show 10860-10880.

Support zone lies at 10800-10780.

If maintains below 10780, it can slide to 10750-10730.

Thursday 18 January 2018

NIFTY BANK VIEW

Nifty Bank (26289)

Nifty Bank yesterday showed a robustic move of 400 points rally as the borrowings news will be the most beneficial to banking sector.

Nifty bank has given a close with a positive pattern formation confirming rally in coming days towards 27000.

For today it can show a gap up opening as SGX is indicating a gap up opening.

It can show today 25420-25440-25520 levels.

Support zone lies @ 26180-26080.
NIFTY 50 VIEW

Nifty 50 (10788)

Nifty rose up to a new high yesterday cheered up to the news of Govt will cut the borrowings by 60%.

Nifty has again entered into a new rally zone and is heading towards 10830- 10850-10880 for today.

Today it can show a gap up opening.

Support zone lies now @ 10740-10710

Wednesday 17 January 2018

NIFTY BANK VIEW

Nifty Bank (25974)

Nifty Bank yesterday showed a new high of 26136 and shed down to 25931.

Today if it maintains below 25930 it can slide to  25800-25740.

To catch uptrend it has to trade above 26000-26020 and show levels of 26096-26136.
NIFTY 50 VIEW

Nifty 50 (10700)

Nifty yesterday filled the gap 10690-10713 with a selling pattern formation active.

Today on trading below 10680 it can slide to 10650- 10620- 10600.

Multiple support zone lies @ 10650-10640, it can bounce back from here too.

Resistance zone lies @ 10740- 10760- 10780.

Tuesday 16 January 2018

NIFTY BANK VIEW

Nifty bank (26069)


Nifty bank showed a new high yesterday and has closed above its previous all time high of 25953 .
Nifty bank can show rally today if holds the support zone of 25950..25980.
It can show today 26150..26240 
On trading below 25940 it can shed to 25910..25880..25840
NIFTY 50 VIEW

Nifty 50 (10741)


Nifty yesterday again showed new high of 10782 with a gap up opening.

It has given a close with uptrend over signal of hanging man candle pattern formation which will be active on breaking support level of 10700 and filling the gap till 10690.

If holds this support of 10700 and on trading above 10750 uptrend can resume again to show 10780..10810..10840...

Monday 15 January 2018

NIFTY BANK VIEW

Nifty Bank (25749)

Nifty Bank is trading near its resistance zone of 25800, it has taken support @ 25500 on crossing 25800 it can show 25950 the all time high. 

For the upcoming week it can show 26130-26240.

Support zone lies @ 25500-25400.
NIFTY 50 VIEW

Nifty 50 (10681)

Nifty gave a gap up opening on Friday and shed down to support levels of 10600. 

Nifty resumed back to its all time high in the latter half of the day and gave a close on its all time high.

Nifty is ready for a rally of 500 points from 10600 in this month and show 11300. 

Coming back to the upcoming week on trading above 10700, it can show 10857-10950.

If breaks 10600, it can shed to 10400.

Friday 12 January 2018

NIFTY BANK VIEW

Nifty Bank ( 25660)

Nifty Bank has taken support 25530 yesterday and has formed a positive pattern formation.

Nifty Bank is surrounded with multiple resistance around 25750-25800.

On crossing these levels it will enter into rally mode and cross it's all time high of 25953 and show new high 

Support zone lies @ 25500..25530

Today it can show 25720...25790
NIFTY 50 VIEW

Nifty 50 (10664)

Nifty yesterday did not break 10600 levels and made a new high of 10664 forming a positive pattern formation.

Today as SGX nifty is indicating a gap up opening towards 10700, it can show a move of 200 points from here.

Now 10650-10630 will act as a support zone.

Resistance zone lies @ 10690...10740.

Thursday 11 January 2018

NIFTY BANK VIEW

Nifty Bank (25617)

Nifty Bank yesterday had slide down to its bounce back support zone and reversed.

Today it has to trade above 25700-25800 to catch rally and move towards it's all time high.

If maintain below 25600-25500 it can slide 25400.
NIFTY 50 VIEW

Nifty 50 (10632)

Nifty is consolidating near it's all time high.

Now on crossing 10660 zone, it can show 10690-10710 today and will enter a new rally zone.

If trades below 10640, it can shed down to 10590-10550.

Wednesday 10 January 2018

NIFTY 50 VIEW

Nifty 50 (10637)

Nifty has made cool down signals which will be active on breaking 10600 to show 10540-10500.

If holds 10600 and crosses 10660, it enter into a new rally zone and show 10710-10740.

Tuesday 9 January 2018

NIFTY BANK VIEW

ITS NOT ABLE TO SUSTAIN AT HIGHER LEVELS.

Today 25780-25800 will act as important level on crossing this it can show levels near all time high 
25820-25920.

But if breaks 25640, it can slide to 25500-25400.
NIFTY 50 VIEW

Nifty 50 (10623)

Nifty gave a gap up opening yesterday and maintained the gap forming a new breakout rally pattern formation.

Today on trading above 10640, it can show 10670-10698. All dips are buying opportunities.

Support zone for the
day lies around 10570-10590, if breaks this it can slide to 10540-10480.

Monday 8 January 2018

NIFTY BANK VIEW

Nifty Bank (25601)

Nifty Bank has given breakout from its range and now is heading towards its all time high of 25954-26020-26300.  

Support zone lies @ 25200-25300.
NIFTY 50 VIEW

Nifty 50 [10558]

Nifty has closed on its new all time high and now heading towards 10606- 10640-10680-10740. 

Support zone is also raised 10440-10500.

If breaks 10400, some selling pressure can be seen in the index.

Wednesday 3 January 2018

NIFTY BANK VIEW

Nifty Bank (25338)

Nifty Bank yesterday made a low of 25230 and closed above 25300.

Today on maintaining above 25400, it can again rise to 25430- 25520.

On trading below 25200, it can slide to 25000.
NIFTY 50 VIEW

Nifty 50 (10442)

Nifty yesterday consolidated in the range of 10400-10450 though made a high of 10495.

Today if it holds the zone of 10400 and on trading above 10500 it can show 10540- 10630.

On trading below 10400, it can slide to 10370-10340.

Tuesday 2 January 2018

NIFTY BANK VIEW

Nifty Bank (25318)

Nifty Bank did not rise towards its all time high instead shed down to its support zone of 25350.

Now on trading below 25350, it can slide to 25270-25190.

Trading above 25600, only can bring bring move towards 25700-25800.
NIFTY 50 VIEW

Nifty 50 (10435)

Nifty showed profit booking at higher levels and shed down to the support levels of 10400.

Today if trades below 10400, it can slide 10350-10330.

On holding 10400, it can resume to 10500-10540-10580.

Monday 1 January 2018

NIFTY BANK VIEW

Nifty Bank (25539)

Nifty Bank has taken support and showing reversal in short term charts. It is heading towards its all time high of 25924.

It can show new high of 26000 soon in coming days.

As of now it can show 25600..25700.

Support zone lies at 25200...25300.
NIFTY 50 VIEW

Nifty 50 ( 10530)

Nifty has given close in monthly and weekly charts near its all time high with a positive pattern.

In this new week, it can show very good move towards 10568...10606..10666..10710, with the support of 10440 zone for the week.

If breaks 10440  it can slide to 10400..10370..10340.