NIFTY BANK VIEW

Nifty Bank (27842)

▪Nifty Bank yesterday made a new all time high of 27873, but gave a close with Hammer doji.

▪Today on trading above 27880, it can show 27940-28000.

▪Below 27760, it can slide to 27700-27600.

NIFTY 50 VIEW

Nifty 50 (11319)

▪Nifty is heading towards its positional resistance zone of 11344-11404.

▪Rally of previous week can hold here.

▪11300-11260 is support zone of today.

▪If maintains above 10410, nifty enters into a new rally zone. 

NIFTY BANK VIEW

Nifty Bank (27634)

• Nifty bank also like nifty showed a new high of 27661 with a big marubozu but closed below its previous high of 27652.

• Now on trading above 27680, it can show 27788-27970-28300 in this coming week

• 27600-27700 can act as support for the week.

• If slides below 27600, it can cool down to 27300.

NIFTY 50 VIEW

Nifty 50 (11278)

• Nifty showed a robustic  move last week with a gap up opening on Friday and new high of 11283.40.

• Nifty is now ready for a new rally, If maintains above 11180. 

• It can face resistance at 11344-11404 the positional resistance levels to just hold the rally of last week but positionally all dips can be used as buying opportunities for positional traders with the support of 10920-10900 zone. 

• Short term support zone is 11110-11160.

Nifty bank (27031)

▪Nifty bank traded in the range of previous day (27130..26860)and formed an Hammer doji above its bounch back zone of  26920

▪Today being an expiry day trading session can be volatile

▪Trading above 27080 it can show 27130..27150...27200 

▪Trading below 27030 it can slip to 26920..26860

▪Momentum is strong new high can be seen

Nifty 50(11132)

▪Nifty  today gave a gap up opening but did not hold on higher levels though it completed the weekly trading range .

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

▪Nifty on trading above 11160 can show new high of 11220

▪Support levels are around 11100..11110

Nifty bank (26974)

▪Nifty bank yesterday showed momentum in the first hour of the day but closed near support levels 

▪Today if breaks 26860 it can shed further to 26680 .

▪Above  27130  it can show 27280..27420





Nifty 50( 11134)

Nifty yesterday showed gud move and is heading towards its all the high of 11171 

▪Today it can cool down to its support levels of 11030  and bounch back 

▪All dips are buying opportunities .
▪As we are heading towards expiry trading session can be volatile.

▪Nifty can show new high in this expiry too.

▪Resistance for the day 11171..11220

▪Supports are 11100..11030

NIFTY BANK VIEW

Nifty Bank (26873)

• Nifty bank too, like nifty has traded in a range of last week (26600-27200).

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

• Above 27200, it can touch its all time high of 27650-27700 zone.

• If trades below 26600, it can show 26400-26350.

Nifty 50(11084)

▪Nifty yesterday gave a breakout above 11080 and made a high of 11093 with a three soldiers pattern formation active.

▪Today on trading above 11093 it can show a rally towards 11134...11171(the all time high)

▪Support zone lies at 11060...11040


▪If trades below this it can slide to 10980

NIFTY BANK VIEW

Nifty Bank (26873)

• Nifty bank too, like nifty has traded in a range of last week (26600-27200).

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

• Above 27200, it can touch its all time high of 27650-27700 zone.

• If trades below 26600, it can show 26400-26350.

NIFTY 50 VIEW

Nifty 50 (11010)

• Nifty traded in a range once again for the week holding the support of 10920 and facing resistance at 11100 zone.

• It has formed a neutral doji candle formation in positional charts which can be broken either ways. 

• Above 11080, it can show 11140-11160. 

• Below 10920, it can slide to 10850-10820.

• Being an expiry week trading sessions can be volatile.

NIFTY BANK VIEW

Nifty bank (26789)

▪Nifty bank has formed a double top formation in daily charts but has hold the zone of 26700- 26600.

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

▪Today it can form the third black crow formation and the selling pattern can  be over around 26600 zone.

▪Below 26600, it can slide to 26480.

▪Above 27030,   27180 can be seen for the day.

NIFTY 50 VIEW

Nifty 50 (10957)

▪Nifty has formed a three top formation in daily charts with a selling pattern formation but has hold the zone of 10920 with a three bottom formation too.

▪Nifty has been following a style of being in a narrow range of 100 points and break through the range in 5-8 trading sessions.

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

▪Above 11010, it can show  11080- 11108.

▪Below 10920, it can slide to 10895-10824 for the day.

NIFTY BANK VIEW

Nifty Bank (26880)

▪Nifty bank faced resistance near its all time high it showed yesterday and slide down to support levels of 26800. 

▪Today if breaks 26800, it can shed to 26600.

▪Trading above 26930, it can show 27100- 27200.

NIFTY 50 VIEW

Nifty 50 (10980)

▪Nifty shed down  the rally of Tuesday and made a kind of triple top formation with a selling pattern.
It had hold 10920, support zone for the day.

▪Today if it breaks 10920 the selling pattern will be active and selling pressure can be seen and it can show 10880-10850.

▪Trading above 11000, can show 11060-11100.

NIFTY BANK VIEW

Nifty bank (27008)

▪Nifty bank showed rally after it touched its bounce back zone of 26650 and gave a closing above 27000.

▪Today if maintains above 27000, it can show 27190-27300.

▪Trading below 26700, it can show 26600-26500 levels.

NIFTY 50 VIEW

Nifty 50 (11008)

▪Nifty yesterday made a positive formation and covered the selling of monday with a closing above 11000.

▪Today if it maintains above 11000, it can show 11100 and new high.

▪Trading below 10920, can again bring selling pressure in the index.

NIFTY BANK VIEW

Nifty Bank (26679)

▪Nifty bank did not hold the zone of 27000 and shed to the support levels with a bearish engulfing candle formation.

▪Today if breaks 26600, it can shed to 26500.

▪Trading above 26800, a pull back can be seen in the index towards 27000.

NIFTY 50 VIEW

Nifty 50(10936)

▪Nifty yesterday failed to hold the zone of 11000 and shed to 10920-10930 support levels.

▪Today if resumes on holding 10920 it can show 11000- 11053 once again.

▪If breaks 10920, it can further slide to 10840 the positional support levels.

▪Yesterday's bearish engulfing candle indicates some selling pressure can be seen today.

NIFTY BANK VIEW

NIFTY BANK [26935]

▪NIFTY BANK SHOWED MUCH AWAITED LEVEL OF 27000 LAST WEEK, IT MADE A HIGH OF 27164.

▪27164 IS A POSITIONAL RESISTANCE LEVEL FOR THE INDEX, WHERE IT HAS MADE MULTIPLE TOPS.

▪THIS WEEK, IT HAS TO TRADE & MAINTAIN ABOVE 27170-27190 AREA FOR FURTHER UP-MOVE TOWARDS  27370-27470 ZONE.

▪BELOW 26880, IT CAN SLIDE TOWARDS 26780-26640 LEVELS.

NIFTY 50 VIEW

NIFTY 50 [11018]

▪NIFTY SHOWED MUCH AWAITED 11000 MARK LAST WEEK BY MAKING A HIGH OF 11078.

▪POSITIONAL CHARTS ARE INDICATING A FURTHER RALLY TOWARDS FRESH HIGHS, IN THE UPCOMING WEEK.

▪NOW, 11060 IS ACTING AS A SHORT TERM RESISTANCE AREA FOR THE INDEX, IF MANAGES TO SUSTAINS ABOVE THIS, THE INDEX CAN SHOW 11100- 11130- 11150 LEVELS.

▪SHORT TERM SUPPORT ZONE LIES AROUND 11000, BELOW WHICH THE INDEX CAN SLIDE TO 10980-10960 LEVELS.

NIFTY BANK VIEW

NIFTY BANK [27026]

▪ALIKE NIFTY 50, NIFTY-BANK TOO SHOWED A MUCH AWAITED LEVEL OF 27000, MADE A HIGH OF 27164.

▪BUT PROFIT BOOKING DRAG IT BY ALMOST 200 POINTS IN THE SECOND HALF OF TRADING SESSION.

▪TODAY, IF MAINTAINS BELOW 27000, IT CAN SLIDE DOWN TO 26940-26900.

▪UPTREND RESUMES ABOVE 27165 FOR 26270-26370-26470.

NIFTY 50 VIEW

NIFTY 50 [11023]

▪AFTER A GAP-UP OPENING YESTERDAY, NIFTY SHOWED MUCH AWAITED 11000 MARK, MADE A HIGH OF 11078.

▪BUT FAILED TO SUSTAIN AT HIGHER LEVELS & SHED MORE THAN 60 POINTS FROM DAY'S HIGH.

▪TODAY, IF MAINTAINS BELOW 11000, IT CAN SLIDE TO 10980-10960 & FILL THE GAP CREATED.

▪NIFTY HAS TO MAINTAIN ABOVE 11115, TO SHOW 11150-11170 & RECORD HIGH OF 11190.

NIFTY BANK VIEW

NIFTY BANK [26816]

✅NIFTY BANK IS CONSOLIDATING IN A VERY NARROW RANGE SINCE LAST TWO TRADING SESSIONS.

✅SHORT TERM SUPPORT LIES AROUND 26740, BELOW WHICH THE INDEX CAN SLIDE DOWN TO 26700-26680.

✅REVERSAL CAN TAKE PLACE ON MAINTAINING ABOVE 26850-26860 TOWARDS 26940-27000-27050.

NIFTY 50 VIEW

NIFTY 50 [10948]

✅YESTERDAY, NIFTY CONSOLIDATED IN A NARROW RANGE OF 40 POINTS, HOLDING THE SHORT TERM SUPPORT ZONE OF 10920-10900.

✅POSITIONAL CHARTS INDICATES, IF NIFTY SUSTAINS ABOVE 10950, IT CAN SHOW 11000-11050 LEVELS SOON.

✅ALL DIPS TOWARDS 10920-10900 CAN BE USED AS BUYING OPPORTUNITIES.

✅BELOW 10890, SELLING PRESSURE CAN TAKE PLACE TO DRAG THE INDEX TOWARDS 10860-10840 LEVELS.

NIFTY BANK VIEW

NIFTY BANK [26894]

✅UNLIKE NIFTY 50, NIFTY BANK CONSOLIDATED IN A SMALL RANGE OF 85 POINTS THROUGH OUT THE TRADING SESSION.

✅ITS TRADING BELOW MULTIPLE RESISTANCE ZONE OF 26920-26940.

✅NIFTY BANK NEEDS TO SUSTAIN ABOVE 26965 TO SHOW A GOOD MOVE TOWARDS 27050-27160-27200 LEVELS.

✅26800, IS ACTING AS A GOOD SUPPORT FOR THE INDEX.

NIFTY 50 VIEW

NIFTY 50 [10947]

✅YESTERDAY, NIFTY SHOWED A GAP-UP OPENING & SURGED ALMOST 80 POINTS, CLOSED AT FIVE MONTH'S HIGH LEVEL.

✅NOW 10890 IS ACTING AS A GOOD SUPPORT FOR NIFTY.

✅TODAY IT CAN SHOW 10970-10990-11010 LEVELS.

NIFTY BANK VIEW

NIFTY BANK [26753]

✅ALIKE NIFTY 50, NIFTY BANK TOO SHOWED GOOD MOMENTUM & CLOSED NEAR THE HIGH POINT OF THE DAY.

✅NOW 26630 IS ACTING AS A GOOD SUPPORT FOR THE INDEX.

✅TODAY, ON TRADING ABOVE 26770, IT CAN SHOW 26820-26880-26915

NIFTY 50 VIEW

NIFTY 50 [10852]

✅NIFTY YESTERDAY SHOWED GOOD MOMENTUM THROUGH-OUT THE SESSION & MANAGED TO SUSTAIN ABOVE 10840 MARK ON CLOSING BASIS.

✅NOW 10800 IS ACTING AS A GOOD SUPPORT FOR THE INDEX.

✅TODAY, ON MAINTAINING ABOVE 10860, IT CAN SHOW 10890-10910.

NIFTY BANK VIEW

Nifty Bank (26493)

• Nifty Bank touched its positional support of 26000 last week and bounced with a positive doji hammer closing in weekly charts.

• It can shed to 26200-26300 in intraday trading above 26600, it can show 26900-27000 in this week. 

• Support zone still lies @ 26200-26000.

NIFTY 50 VIEW

Nifty 50 (10772)

• Nifty has given a positive close with a doji hammer in weekly charts last week indicating uptrend can resume in coming week.

• 10840-10850 still remains a caution area as it has been acting as stiff resistance from last month.

• On trading above 10850, it can enter in a rally towards 10930-11000.

• Trading below 10700, it can shed to 10640 (positional support) trading below it can show 10540 for the week.

NIFTY BANK VIEW

Nifty bank (26503)

▪Nifty bank yesterday broke it's trend-line resistance of 26480 and gave a neutral close hammer doji.

▪Today on trading above 26500-26600 zone, it can show sharp move to 26720- 26800.

▪Trading below 26400, it can show 26200. Like nifty here too all dips can be used as buying opportunities with the support of 26000 on closing basis.

NIFTY 50 VIEW

Nifty 50 (10749)

▪Nifty broke yesterday the trend-line resistance of 10780, in the opening but failed to close above it.

▪Today on trading above 10800, it can rise to its positional resistance of 10840 and if manages to cross that it can show 10888-10920.

▪Trading below 10700, can show levels of 10680- 10640.

▪As mentioned yesterday during the day all dips can be used as buying opportunities with the support of 10640 on closing basis.

Nifty bank (26433)

Nifty bank has taken support yesterday from its bounce back zone of 26100 and closed near its resistance of 26500

Today on trading above 26490 it can show 26560..26680

Support zone lies at the same zone of 26100..26000

Nifty 50 (10769)

Nifty yesterday has hold the zone of 10680 and showed good  momentum move with a close of 10769.
Nifty has closed near its trendline resistance area

Today on trading above 10780 it can show 10805..10840.

Below 10740 it can shed to 10700..10670

NIFTY BANK VIEW

Nifty Bank (26204)

✅Nifty Bank yesterday made a neutral doji on the bounce back zone around 26000-26100.

✅ Long build up is also seen in banknifty.

✅Today on Trading above 26320, it can show good move towards 26390- 26440 -26490 and pull nifty along with it.

✅Break down below 26000, the selling pattern formation active and it can slide to 25940-25800.

NIFTY 50 VIEW

Nifty 50 (10699)

✅Nifty is now trapped again in 10600-10750 zone break through either side will decide the trend in the index.

✅10750 stands as the resistance zone and 10600 as the support zone.

✅Break down below 10600 it can slide to  10570-10540 (positional bounce back support)

✅Above 10750 it can show 10800- 10840 (stiff resistance).

NIFTY BANK VIEW

Nifty Bank (26230)

▪Nifty Bank yesterday shed down to its positional support of 26000.

▪Today if it holds it can resume to 26220, 

▪If breaks it can slide to 25900-25600.

NIFTY 50 VIEW

Nifty 50 (10657)

▪Nifty once again did not hold the pull back rally of Friday and shed towards 10600 yesterday.

▪Today if breaks 10590, can show 10530.

▪Trading above 10730, can only show some pull back again towards 10800.

NIFTY BANK VIEW

Nifty Bank (26364)

▪Nifty Bank last month had cooled down from the higher levels and has given a close with a hammer doji.

▪This month it has to maintain above 27000, to catch momentum and show around 27400 a new high.

▪Breakdown below 26000, can bring selling pressure in the index and it can slide to 25420.

▪Weekly resistance levels are 26725- 27080.

▪Support are 26080- 25800.

NIFTY 50 VIEW

Nifty 50 (10714)

▪Nifty was in a range of 10500-10900 for the month of June.

▪It has given again a neutral closing like the month of May.

▪Breakout or breakdown from a range always witnesses a sharp move.

▪It has to maintain above 10850, zone to catch uptrend and show 10888-11040 in the month of July.

▪Weekly resistance can be 10844-10974  and supports are 10570-10427.

▪If nifty breaks the level of 10400 strong selling can take over the index.