NIFTY BANK VIEW

Nifty Bank (26327)

▪Nifty Bank yesterday gave a gap down opening but recovered in the latter part of the day.

▪Today if trades below 26000, selling pressure can be seen.

▪ABOVE 26400, it can show 26660 -26690.

NIFTY 50 VIEW

Nifty 50 (10614)

▪Nifty has made a neutral signal on bounce back zone of 10530-10560.

▪Today on trading above 10650, it can show sharp move towards 10718.

▪All dips can be used as buying opportunities until it breaks 10530.

▪Below 10530 it can slide to 10500-10450.

▪Being an expiry day trading session can be volatile.

NIFTY BANK VIEW

Nifty Bank (26254)

▪Nifty Bank can shed to 26000 if breaks 26200 zone.
It has multiple support around 26155-26053.

▪On trading above 26450, uptrend can resume, it can show 26680. 

▪Being expiry week trading session can be volatile.

NIFTY 50 VIEW

Nifty 50 (10633)

▪Nifty yesterday again shed down to its support levels of 10600 after a rally of three days and filled the gap (10640- 10628) of 28th may.

▪Today if it trades below 10600, it can shed to its positional support levels of 10560-10530 zone which is a bounce back zone.

▪On trading above 10660, uptrend can resume and it can show 10695-10756.

NIFTY BANK VIEW 

Nifty Bank (26614)

▪Nifty Bank has completed the pattern of three soldiers pattern and now is heading towards 26790- 26960.

▪If trades below 26500, it can cool down to 26360-26140.

NIFTY 50 VIEW

Nifty 50 (10688)

▪Nifty gave a gap up opening yesterday and maintained full day with positive bias.

▪Many stocks too showed reversal active and positive momentum.

▪For 29 May,  it can show 10718-10748- 10760 on maintaining above 10670.

▪If trades below 10670, it can fill the gap (10628-10640) of 28 may and cool down to 10560.

NIFTY BANK VIEW

Nifty Bank (26273)

Nifty Bank has reversed from its lows of 25600 with a pattern formation of three white soldiers in short term charts.

▪Today it can show rally of 300 points.

▪It can show 26900 in this week.

▪Support zone lies at 26100-26000 for intraday and for the week.

▪Trading below 26000, it can show 25900 -25600.

NIFTY 50 VIEW

Nifty 50 (10605)

▪Nifty has reversed from its selling pattern of previous days and closed above its resistance  zone of 10530-10560.

▪Now this zone will act as bounce back support and it can show rally towards 10900 in this week.

▪If crosses 11000 it can show new high in coming weeks

▪Trading below 10540 can shed it to 10480.

▪Maintaining above 10600, it can show 10650-10680-10760.

NIFTY BANK VIEW

Nifty Bank (26016)

▪Nifty Bank has given reversed signals active with a breakout of downtrend channel breakout and closing above two doji hammer.

▪Upcoming day on trading above 26180, it can show 26330-26500. 

▪On trading below 25600, only selling can take it to 25460.

NIFTY VIEW

Nifty 50 (10513)

▪Nifty had hold its support of 10400 and reversed to the resistance levels of 10530.

▪For the upcoming day when it trades above 10560, reversal will be active and it can show 10604-10700. 

▪Trading below 10400, can again take the index into selling pressure and it can show 10344-10260.

NIFTY BANK VIEW

Nifty Bank (25684)

▪Nifty Bank did not hold 25600 levels yesterday and is still in selling mode to show 25450 soon.

▪Above 25950, uptrend can resume towards 26100.

NIFTY 50 VIEW

Nifty 50 (10430)

▪Nifty did not hold above its bounce back  of 10540 and shed to 10417.

▪Nifty is still in selling zone and is heading towards 10380 -10330.

▪Trading above 10530-10560 can bring pull back in the market towards 10580.

NIFTY BANK VIEW

Nifty Bank (25777)

▪Nifty Bank has given a neutral close and hold the selling pressure of last few trading days,
But  today if breaks 25680, it can slide to 25450-25320.

▪Only on trading above 25960, it can show uptrend resuming and show 26050-26120.

NIFTY 50 VIEW

Nifty 50 (10536)

▪Nifty has hold its selling rally of last 7 trading days with a doji pattern formation in daily charts.

▪Today on trading above 10560, it can reverse from its bounce back zone of 10530 and show 10590-10660.

▪But if maintains below 10490, it can enter into new selling zone and show 10460 -10390.

NIFTY BANK VIEW

Nifty Bank (25750)

▪Nifty Bank has still the selling pattern active and it is heading towards 25618-25570-25538.

▪Trade above 25800, can take it to 25950 -26000.

NIFTY 50 VIEW

Nifty 50 (10516)

▪Nifty has completed its selling pattern of 'three black crows' and closed near its bounce back zone of 10530-10550.

▪Tomorrow a pull back can be seen.
If it faces resistance at 10560, it can again slide to 10520-10480.

▪On trading above 10560, it can show 10590-10620.

NIFTY BANK VIEW

Nifty Bank (25875)

▪Nifty Bank is in selling formation and can slide to 25400- 25000 this week on breaking 25800.

▪If holds the zone of 25800 a pull back can be seen towards 26200 -26600.

▪Intraday levels:

Support 25800

Resistance 26108

NIFTY 50 VIEW

Nifty 50 (10596)

▪Nifty has formed selling patterns last week and showing signals of sliding to support levels of 10480-10360 in this coming week.

▪Important bounce back or pull back zones can be 10530- 10450

▪Closing above 10750, is important to show uptrend pull back.

▪Resistance levels lies at 10820-11000.

Intraday resistance are 10650- 10700- 10790.

Support levels are 10565-10534.

NIFTY BANK VIEW

Nifty Bank (26073)

▪Nifty Bank is showing selling patterns and is heading towards 25940 -25840.

▪Trading above 26140, it can show 26230-26380, if uptrend resumes

NIFTY 50 VIEW

Nifty 50 (10682)

▪Nifty has made selling pattern formation and now is heading towards 10638- 10600 -10550.

▪Trading above 10700, it can show a pull back towards  10750-10820.

NIFTY BANK VIEW

Nifty Bank (26182)

▪Nifty bank yesterday gave a gap down opening but covered the gap with a doji formation.

▪If nifty bank trades below 26100, it can slide to 25900-25600.

▪On trading above 26500, uptrend can resume it can rise to 26800.

NIFTY 50 VIEW

Nifty 50 (10741)

▪Nifty opened yesterday with a gap down opening near its bounce back zone of 10700 and had hold it for the whole day and gave a close with a neutral doji.

▪Today on trading above 10760, it can show 10787-10834 and uptrend can resume.

▪Below 10740, it can slide to 10700-10690.

NIFTY BANK VIEW

Nifty Bank (26474)

▪Nifty Bank too showed today our target of 1000 points recommend a week ago with good momentum in the morning but has closed with selling pattern formation of inverted hammer.

▪On trading below 26400, it can shed to 26000-26100.

▪On maintaining above 26550, it can show 26800-26900.

NIFTY 50 VIEW

Nifty 50 (10801)

▪Nifty yesterday showed very good momentum in the first hours of the day but failed to hold higher levels on closing basis infact gave a closing with an inverted hammer pattern formation.

▪Today if trades below 10800, it can slide to 10745-10690.

▪On trading above 10840, uptrend can again catch momentum and it can show 10890- 10920- 10980.

NIFTY BANK VIEW

Nifty Bank (26413)

Nifty Bank is heading towards 26620 -26920.

▪As mentioned last week it can show 1000 points move it has already  covered 600-700 points rest it can cover this week.

▪Support levels lies at 26200-26000.

▪Below 26000, it can shed to 25900-25400.

NIFTY 50 VIEW

Nifty 50 (10806)

▪Nifty has given a breakout above 10790 and closed above it and now is heading towards 10850- 10870 -10920-10960 levels this week.

▪On trading below 10800, it can shed to 10750-10690 levels the support levels for the week.

▪Intraday it can show 10836-10868 support lies at 10780 -10740.

NIFTY BANK VIEW

Nifty Bank (25852)

▪Nifty Bank yesterday broke it's stiff resistance range of previous week and now is heading towards 26040-26112.

▪All dips can be used as buying opportunities, support lies at 25400.

NIFTY 50 VIEW

Nifty 50 (10715)

▪Nifty has reversed yesterday to uptrend and now is heading towards 10781- 10840. It gave a close with reversed bullish candle formation.

▪Support lies at 10670.

▪All dips are buying opportunities.

NIFTY BANK VIEW

Nifty Bank (25645)

▪Nifty Bank is trapped in a zone 25450- 25720 break through either side will decide the further trend in the index.

▪Resistance levels for the week are 25750 - 25840

▪Support & bounce back zone for the week 25340.

▪Intraday levels 25560-25470.
▪Resistance 25740-25763

NIFTY 50 VIEW

Nifty 50 (10614)

▪Nifty on Friday traded in selling trend and closed near its bounce back zone  of 10600-10650.

▪After a rally of 5 weeks nifty has closed with an inverted kind of candle pattern in weekly charts and it can shed to support levels of 10500-10480 in this week, if trades below 10600.

▪Levels for today 
Support @ 10580- 10560.
Resistance 10640- 10680.

NIFTY BANK VIEW

Nifty bank (25605)

▪Nifty bank is trading in the zone of 25460-25720.

▪Break through either side will decide the trend in the index.

▪Above 25610  it can show 25650- 25720- 25760.

▪Below 25540 it can slide to 25500-25390.

NIFTY 50 VIEW

Nifty 50 (10679)

▪Nifty yesterday shed down to its support zone of 10640 and resumed back to its short term resistance zone of 10680-10700.

▪Today on trading above 10680 it can show 10718-10755.

▪Below 10640 it can slide to 10610-10580.

NIFTY BANK VIEW

▪Nifty Bank (25568)

Nifty Bank yesterday made a high of 25716 near its stiff resistance zone of 25720-25740 with a closing of neutral candle.

▪Today if it trades above 25620 it can show 25720-25840.

▪On trading below 25500, it can shed to 25470-25380 and  its bounce back zone of 25350.

NIFTY 50 VIEW

Nifty 50 (10718)

▪Nifty yesterday opened near its resistance level of 10780 and shed down to 10690 levels with a formation of bearish engulfing candle.

▪Today on trading below 10680, it can further shed to 10640.

▪Trading above 10770, only uptrend can resume in the index.

NIFTY BANK VIEW

Nifty Bank (25530)

▪Nifty Bank gave a gap up opening on Monday and rose to 25617, but gave a close with an inverted hammer.

▪Today on trading below 25460, it can slide to its strong bounce back zone of 25350 which can be used as buying opportunity.

▪If trades above 25530, it can show 25620-25690-25730.

▪Trading below 25340 can show selling pressure in the index

NIFTY 50 VIEW

Nifty 50 (10739)

▪Nifty on monday showed a good momentum rally and covered the gap of 10700-10740.

▪Today on trading above 10760, it can show 10790-10840.

▪On trading below 10720, it can slide to support levels of 10700- 10670.