NIFTY BANK VIEW

Nifty Bank (25383)

▪Nifty Bank traded yesterday in the same range of Friday [25300-25700].

▪For today break through either side can show 25880 on the higher side and 25100 levels on lower side.

NIFTY 50 VIEW

Nifty 50 (10554)

▪Nifty opened near resistance and cooled down to 10540. 

▪It had hold the zone of 10500 and today on trading above 10640 it can show  10668-10700.

▪On trading below 10530 it can shed to 10500-10480.

▪As per SGX, a gap-down opening is possible.

NIFTY BANK VIEW

Nifty Bank (25687)

▪Nifty Bank yesterday gave a gap up opening and has given a close above its strong bounce zone of 25480.

▪It is now heading towards 25810-25890.

▪25380 can act as support for today.

▪On trading below 10380 selling pressure can be seen.

NIFTY 50 VIEW

Nifty 50 (10582)

▪Nifty yesterday gave a gap up opening and and maintained above 10520 forming it as a strong support.

▪Today it has a minor resistance@ 10620-10640 zone once on crossing this it can show 10700- 10740.

▪If trades below 10520 it can slide to 10470.

NIFTY BANK VIEW

Nifty Bank (24936)

▪Nifty Bank is heading towards 24700 on trading below 24900. 

▪Trading session can be volatile due to expiry.

▪Support zone lies at 24820-24700.

▪Resistance for the day lies at 25025-25114.

NIFTY 50 VIEW

Nifty 50 (10397)

▪Nifty yesterday trades in a very tight range of 10340-10430.

▪It had showed a pull back momentum in the last hour of the day.

▪Today being an expiry day trading session can be volatile.

▪Below 10270, it can shed to 10240-10200-10170.

▪Above 10430, only a strong pull back can be seen which can take it to 10510-10600.

NIFTY BANK VIEW

Nifty Bank (24874)

▪Nifty Bank has its strong bounce back zone @ 24650 

▪Today if it trades below 24800 it can slide to 24650.

▪On trading above 25160 only some pull back can be seen towards 25314.

NIFTY 50 VIEW

Nifty 50 (10360)

▪NIFTY is hovering near the bounce back zone of 10300-10400.

▪Yesterday it consolidated in the tight range of 10340- 10430.

▪Today to catch pull back it has to trade  abiv 10430, to show 10480.

▪Break through 10340 can slide to 10300-10270-10240.

NIFTY BANK VIEW

▪Nifty Bank (25058)

▪Nifty Bank broke yesterday its bounce back zone of 25200 and made a low of 24824.

▪Today it can face resistance @ 25200-25100 zone and on breaking 24800 can further shed to 24600 levels.

▪Resistance for the day is 25200-25300 zone and support is @ 25000-24800.

NIFTY 50 VIEW

Nifty 50 (10378)

▪Nifty has given a close below 10400 with a formation of head and shoulder pattern which will be active on closing below 10270 to show 500 points down in coming days i.e  10000.

▪Yesterday nifty broke it's bounce back zone of 10380-10400 and made a low of 10302.

▪Today if it trades above 10400, again a pull back can be seen towards 10510-10610 levels.

▪On trading below 10380 it can shed to 10270-10240.

NIFTY BANK VIEW

Nifty Bank (25163)

Nifty Bank broke the major support zone of 25400 and made a low of 25100 on Friday now it's heading towards 24600 positionally.

25400 will act as stiff resistance.

Below 25100 it can show 24900.

NIFTY 50 VIEW

Nifty 50 (10452)

Nifty has broke it's short term triangle pattern and is again heading towards 10400-10300 its bounce back support zone.

Nifty is not able to maintain above 10600 zone and has been consolidating between 10400-10600.

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

Below 10400 it can slide to 10300- 10270- 10100.

Above 10600, it can rise to fill the gap of 10700-10740.

NIFTY BANK VIEW

NIFTY BANK [25424]

ALIKE NIFTY,  NIFTY BANK TOO SLIDE IN THE SECOND HALF OF TRADING SESSION .
25600-25620 ARE ACTING AS A STIFF RESISTANCE FOR THE INDEX, CROSSING & SUSTAINING ABOVE WILL RESULT IN A RALLY OF 400-500 POINTS.

SHORT TERM SUPPORT & BOUNCE BACK ZONE CAN BE AROUND 25290-25250 AREA.

NIFTY 50 VIEW

NIFTY 10545

YESTERDAY, NIFTY SHOWED SOME REVERSAL SIGNALS IN THE FIRST HALF OF TRADING SESSION BUT FAILED TO SUSTAIN ABOVE 10600 MARK. THEREAFTER IT SHED ALMOST 90 POINTS FROM THE DAY'S HIGH.

10520-10500 ARE ACTING AS A SHORT TERM SUPPORT FOR THE INDEX, BELOW THIS IT CAN SLIDE TO 10470-10440.

NIFTY HAS TO SUSTAIN ABOVE 10570, TO SHOW SOME UPWARD MOVEMENTS.

NIFTY BANK VIEW

NIFTY BANK 25341

IT SHED ALMOST 600 POINTS ON WEDNESDAY & THE DAY ENDED UP WITH BEARISH ENGULFING PATTERN CANDLE, INDICATING FURTHER DOWNSIDE IN THE INDEX.
IT CAN SLIDE TO 25100-24900 LEVELS.
STIFF RESISTANCE ZONE IS AROUND 25590

NIFTY 50 VIEW

NIFTY 10500

AFTER CONSOLIDATING THE ENTIRE DAY, NIFTY DRAGGED DOWN BY ALMOST 85 POINTS IN THE LAST HOUR OF TRADE.
BELOW 10470, IT CAN SLIDE FURTHER TO 10430-10380 LEVELS.

STIFF RESISTANCE ZONE 10570.

NIFTY BANK VIEW

Nifty Bank (25701)

◼Nifty Bank has closed above 25390-25370 the bounce back zone and now is heading towards 25880-25990.

◼Support zone lies @ 25390-25370.

◼Resistance is @ 26100.

◼Nifty Bank is in a rally mode can show above levels soon.

NIFTY 50 VIEW

Nifty 50 (10539)

◼Nifty gave a gap up opening and maintained the gap  with closing above 10500.

◼The island formation is showing positive pattern formation BUT NEAR RESISTANCE OF 10570-10640 ZONE

◼TODAY IT HAS TO TRADE ABOVE 10570 AND 10640 TO SHOW 10670-10700.

◼On trading below 10470-10450, it can slide to 10400-10380.

NIFTY BANK VIEW

Nifty Bank (25463)

🔲Nifty Bank is trading near its bounce back zone of of 25380...25420.

🔲It has covered the monthly range downside so reversal can be sharp towards 25870.

🔲It has to cover the gap of 26215..26364 to form the reversal active in this week. 

🔲On breaking 25000 it can slide to 24500.

🔲Intraday range for bank nifty is Support @ 25350..25250, resistance @ 25480...25520

NIFTY 50 VIEW ON 12/02/2018

Nifty 50 (10454)

🔲Nifty gave a gap down opening on Friday but pulled back from lower levels as it was a strong bounce back zone.

🔲Nifty has covered the monthly range downside and now is near it's positional support zone. 

🔲This week it's important to cover the gap of 10700-10740.

🔲On trading above 10740 charts will enter into a positive pattern formation and nifty will move towards new high. 

🔲Closing below 10300 it can still lower levels of 10000

🔲Intraday resistance zones are 10520..10600...10680

🔲Support lies @ 10400..10360..10290

NIFTY BANK VIEW

Nifty Bank (25920)

◾Nifty Bank gave a neutral close yesterday and today can show a dip to 25385..25000.. 24600.

◾Trading above 26000 only can bring some uptrend to show 26580.

NIFTY 50 VIEW

Nifty 50 (10576)

◾Nifty yesterday gave a neutral to positive close but did not fill the gap of 10700-10736.

◾Today as sgx is indicating a gap down opening of -245 points nifty can show levels of 10370-10300 again.

◾Below 10300, it can slide to 10276- 10178- 10040.

◾Above 10640, only some upmove can be seen towards 10700- 10740.

NIFTY BANK VIEW

Nifty Bank (25670)

◾Nifty Bank opened near resistance and closed below 25880 closing near support zone of 25500.

◾Today on trading below 25500, it can slide to 25300-25000 (the positional support zone).

◾Above 2600 catch of uptrend can be seen in the index.

NIFTY 50 VIEW

Nifty 50 (10476)

◾Nifty gave a good opening but did not maintain on higher levels and gave a close near support levels of 10400.

◾Today if it trades below 10400, it can shed to 10363-10344-10280.

◾On trading above 10560-10620, it can resume uptrend and show 10680-10740-10800.

NIFTY BANK VIEW

NIFTY BANK (25811)

NIFTY BANK SHOWED  A GAP DOWN OPENING BUT BOUNCED FROM ITS STRONG BOUNCE BACK ZONE OF 25360- 25400. CLOSING WITH A POSITIVE PATTERN FORMATION.

IT HAS TO FILL THE GAP OF 26200-26360 TO RESUME UPTREND.

SUPPORT ZONE FOR THE DAY LIES @ 25650.

AND RESISTANCE ZONE LIES @ 25990- 26140.

NIFTY 50 VIEW

Nifty 50 (10498)

NIFTY YESTERDAY GAVE A GAP DOWN OPENING BUT BOUNCED FROM ITS STRONG BOUNCE BACK ZONE OF 10300-10400 AS WE HAD MENTIONED EARLIER TOO.

FOR TODAY NIFTY CAN CROSS THE 10700-10800 ZONE.

AND RESUME AGAIN TOWARDS UPTREND AND SHOW NEW HIGH IN COMING DAYS.

SUPPORT ZONE FOR THE DAY LIES @ 10450-10420.

RESISTANCE ZONE LIES@ 10560...10608..10636..

NIFTY BANK VIEW

Nifty Bank (26098)

Nifty Bank gave a gap down opening and has hold the support and reversal zone.

If it trades below 25880, it can slide further 25360.

If trades above 26215, it can fill the gap of 26215-26364 and show 26600-26700.

NIFTY 50 VIEW

Nifty (10666)

Nifty gave a gap down opening today but has given a close with a positive pattern formation above the support level of 10552.

If nifty gives a gap up opening reversal will be active, if nifty trades also above 10700 and fills the gap of 10736-10700, it can rise to 10764-10800.

On trading below 10550, it can again enter into new selling zone and show 10536-10420.

NIFTY BANK VIEW

Nifty Bank (26451)

• Nifty Bank after trading near its new high last week had shown a sharp fall of 1000 points post budget.

• It is moving towards 25900-25800 in coming week.

• To show a pull-back rally it can rise only above 26800 and show 27100-27200.

NIFTY 50 VIEW

Nifty 50 (10760)

• Nifty has entered into falling zone with a selling pattern active and now nifty is heading towards 10678-10600-10545-10400.

• If nifty trades above 10800-10900 than only some pull back can be seen towards 11000-11100.

NIFTY BANK VIEW

Nifty Bank (27220)

Nifty Bank has made a selling pattern formation it will be active on breaking 27000 and show 26970-26760.

If maintains above  27300, it can show pullback towards 27600.

NIFTY 50 VIEW

Nifty 50 (11117)

Nifty yesterday broke the support zone and gave again neutral close. The closing has form a neutral signal and now market can witness a steep rise or fall.

Above 11120-11130, it can show  11170- 11240.

If breaks 11000, it can show 10890-10780.

NIFTY BANK VIEW

Nifty Bank (27379)

Nifty Bank yesterday has reversed with a strong move and has given close above 27300.
Today on trading above 27460 it can show 27550-27600.

Support zone lies 27300-27150.

NIFTY BANK VIEW

Nifty (11027)

Nifty had shed to its support zone of 10980 as mentioned earlier reversed and gave a neutral closing above 11000.

Today on trading above 11060-11070, it can show 11110- 11180-11240.

If trades below 11000-11010, it can shed to 10980-10940.