NIFTY BANK VIEW

Nifty Bank (25490)

Nifty Bank yesterday traded in a very tight range of 25400-25560,
but gave a closing with a positive pattern formation.

Today on trading above 25560, it can resume to uptrend  and show 25630- 25730-25780.

If trades below 25400, it can slide to 25300- 25200 zone.

NIFTY 50 VIEW

Nifty 50 (10477)

Nifty is trading in a very tight range due to holiday season,
low volume and expiry volatility. 
It is now near its support zone of 10400-10440.

Today if it trades below 10460, it can slide to 10440- 10420- 10400.

Stocks are supporting nifty to resume uptrend very soon and it can show show 10550-10580.

NIFTY BANK VIEW

Nifty Bank (25496)

Nifty Bank is near its support zone, if trades below 25400 can slide to 25300-25240.

Only on trading above 25700, it can show 25800-25920.

NIFTY 50 VIEW

Nifty 50 (10490)

Nifty showed profit booking in the last hour of the day.
Being expiry today, trading session can be volatile.
It can show today 10530-10550-10580, with the support of 10450-10420.

NIFTY BANK VIEW

Nifty Bank (25675)

Nifty Bank in the morning showed cool down signal and hold the support of 25550-25540 zone with a low of 25545.

It reversed and has given a close with a doji.

On trading above 25720, it can show 25760-25808.

If trades below 25640, it can slide to 25470...

NIFTY 50 VIEW

Nifty 50 (10531)

Nifty gave a close on its all time high.

Patterns are showing momentum for it to catch 11000 soon positionally.

For today it can show 10558-10580-10630.

Support lies @ 10480-10490.

If trades below 10480, it can cool down to 10440...

NIFTY BANK VIEW

Nifty Bank (25648)

• Nifty Bank is heading towards its all time high of 25953 and can show new high in this week of 26080-26500. 

• If trades below 25500, it can show 25250-25200.

NIFTY 50 VIEW

Nifty 50 (10493)

• Nifty showed a record high of 10501 on Friday and now is heading for a move of 500 points in coming week, with the support of 10400.

• It can show 10537-10666-10740-10780.

• On breaking 10400, it can slide to 10375-10280.

NIFTY BANK VIEW

Nifty Bank (25554)

Nifty Bank though being a weekly expiry day yesterday traded in a very tight range of 25500-25600.

Support zone for the day lies at 25400-25220.

Above 25640, it can show 25740-25800 the stiff resistance zone.

NIFTY 50 VIEW

Nifty 50 (10440)

Nifty yesterday consolidated @ 10440 zone.

Today if trades below 10420, can slide to 10380-10340 and can bounce from here.

To maintain uptrend it has to trade above 10500, to show 10660-10740.

NIFTY BANK VIEW

Nifty Bank (25591)

Nifty Bank has formed a selling pattern around the zone of 25750-25780, if trades above this it can enter into a new rally zone to rise towards 25859 and its all time high of 25953.

If maintains below 25500, can shed to 25480-25420.

NIFTY 50 VIEW

Nifty 50 (10444)

Nifty shed down in the last hour of trade to its support zone of 10440 with a selling pattern formation of double top.

Now when it trades below 10440, it can shed to 10410- 10380- 10350.

When it trades above 10500, it can show 10520-10560.

NIFTY BANK VIEW

Nifty Bank (25594)

Nifty Bank showed move both ways and has given a close above its resistance zone of 25560.

Today on trading above 25760, it can show 25900- 26000- 26400 levels.

NIFTY 50 VIEW

Nifty 50 (10388)

Nifty yesterday showed both sides move low of 10074 (near its bounce back support) and crossed its stiff resistance of 10410.

Today, it needs to trade above 10450 to maintain yesterday's momentum and show 10520-10640.

Support lies at 10260-10220.

NIFTY BANK VIEW

Nifty Bank (25440)

 Nifty Bank has consolidated from last week in the zone of 24800-25600 in positional charts. 

 In short term charts it has made selling pattern formation which will be active on opening.  

 Monday if trades below 25400, zone with a steep fall towards 25100-24800. 

 On trading above 25570, it can show 25700-25960.

NIFTY 50 VIEW

Nifty 50 (10333)

 Nifty has formed positive formation in weekly charts on trading above 10380, it can show 10420-10514 with the support of 10300-10280.

 BUT IN SHORT TERM CHARTS IT HAS MADE A SELLING SIGNAL.

 If it gives a gap down opening on Monday it can show steep fall towards 10240-10180-10080.

NIFTY BANK VIEW

Nifty Bank (25168)

Nifty Bank yesterday did not slide to its bounce back zone of 24800 reversed before from 24888 and gave a closing with a positive pattern formation.

Today it needs to trade above 25210 to maintain the reversal and cross 25450 to catch uptrend and move towards new high.

Trading below 25000, can again take it to its bounce back zone of 24800.

NIFTY 50 VIEW

Nifty 50 (10276)

Nifty yesterday made a low of 10141 and reversed with a positive formation pattern.

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

10320-10410 are stiff resistance for the day, on trading above 10410, it can show 10490-10520.

Support zone lies @ 10220-10180 zone.

Nifty Bank View

Nifty Bank (25000)

Nifty Bank is trading near its support zone of 25000 on breaking this it can show 24800.

If maintains above 25120, it can show 25270-25440.

Nifty 50 View

Nifty 50 (10192)

Nifty yesterday slide down to 10169 with a formation of selling pattern.

As SGX is trading  near higher levels nifty can show pull back opening.

If nifty trades above 10300-10330 uptrend can resume and it can show 10346-10400.

If it breaks 10160, it can slide to 10140- 10094.

NIFTY BANK VIEW

Nifty Bank (25125)

Nifty Bank opened below its resistance zone of 25440-25450 and slide down to its support zone of 25000.

Now if trades below 25000, it can slide to 24900-24600.

Resistance zone lies @ 25220, if trades above this it can show 25320-25500.

NIFTY 50 VIEW

Nifty 50 (10240)

Nifty shed down to its support zone of 10260-10230 and filled the gap of 11th DEC.

Today on trading below 10230, it can further slide to 10200-10180.

Resistance for the day is around 10260-10270 zone on trading above this it can show some pull back to 10300--10340

NIFTY BANK VIEW

Nifty Bank (25404)

Nifty Bank is trapped between resistance and support.

Today on trading above 25480, it can catch uptrend and on trading below 25300, it can shed down to 25000.

NIFTY 50 VIEW

Nifty 50 (10322)

Nifty yesterday gave a gap up opening and gave a close with a formation of doji hammer.

Today to trade above 10330-10340 is important, to show 10404-10450 levels.

Support zone lies @ 10300-10280.

If trades below 10280, it can show 10250- 10230.

NIFTY BANK VIEW

Nifty Bank (25340)

 Nifty Bank has a gap up pattern formation but gave a close near its stiff resistance of 25420-25470 on crossing this it can show 25520-25720. Pattern formation on daily and weekly charts are positive. 

 Many banking stocks too have positive formation which can drive the index to higher levels. 

 Support zone lies @ 25270-25160 zone. 

 Resistance zone for the week lies @ 25720-26000.

NIFTY 50 VIEW

Nifty 50 (10265)

 Nifty has bounced back from its strong support zone of 10040-10070 zone (with a low of 10033) as mentioned in our earlier reports.

 Nifty also maintained the gap up opening and has closed near the high of Friday [10270].

 Reversal signals are active with a positive pattern formation in daily and weekly charts. 

 Now on trading above 10280 and on crossing the trend-line resistance of 10350 nifty can show 10400-10420 zone in this week. 

 If trades below 10200-10180 zone, it can again slide down to its support zone of 10100-10080.

NIFTY BANK VIEW

Nifty Bank (25057)

Nifty Bank has reversed and made a high of 25097.

Now it can show 25144-25178, with the support of 24950.

If trades below 24950, it can slide to 24880-24770.

NIFTY 50 VIEW

Nifty 50 (10166)

Nifty has reversed from its bounce back zone of 10040-10070.

Now on trading above 10180, it can show 10210-10240.

To maintain the reversal it has to close above 10250.

If trades below 10130, it can cool down to 10090.

NIFTY BANK VIEW

Nifty Bank (24851)

Nifty Bank can slide to 24750-24700-24650 zone on trading below 24800,

Any pull back can take place only on trading above 24920...

NIFTY 50 VIEW

Nifty 50 (10030)

Nifty has given a close below 10060-10040 with a selling signal formation.

On trading below 10030, it can slide to 10017-9990.

If holds the zone of 10000 and on trading above 10074, it can show pull back towards 10131.

NIFTY BANK VIEW

Nifty Bank (25124)

Nifty Bank has hold the support zone of 24920 and made kind of reversal pattern formation which can be active above 25220 and show 25500.

Any trades below 24938, it can show 24700.

NIFTY 50 VIEW

Nifty 50 (10118)

Nifty has hold the zone of 10050-10070. Its bounce back zone today when it trades above 10150-10180 uptrend can resume on closing basis and show 10240-10280.

If trades below 10050, it can slide to 10032-9980.

NIFTY BANK VIEW

Nifty Bank (25075)

Nifty Bank is trading near its support zone of 24920-24930 on trading below this it can slide to 24820-24700.

Any pull back can resume only above 25130-25140 zone and show 25240.

NIFTY 50 VIEW

Nifty 50 (10127)

Nifty yesterday traded in the range 10180-10090 holding the support of 10094 with a low of 10095.

10180-10170 is formed as a stiff resistance.

Support and bounce back zone is formed @ 10060-10070.

If it trades above 10130-10140 zone it can show a pull back to 10170-10180.

Below 10090, it can slide to 10070-10050.

NIFTY BANK VIEW

Nifty Bank (25191)

• Nifty Bank too is showing selling pattern formation and is heading towards 25000-24670 in coming week. 

• Some pull back can be seen here if holds the zone of 24900-24600.

NIFTY 50 VIEW

Nifty 50 (10121)

• Nifty is breaking all support zones and with selling pattern formation is heading towards 10000-9940. 

• Bounce back support lies @ 10065-10050 zone, if holds a pull-back can be seen if breaks these level it can slide to 10000-9940.

NIFTY BANK VIEW

NIFTY BANK [25332]

ITS HEADING TOWARDS 25200-26160 LEVELS 

STIFF RESISTANCE ZONE 25600-25640..

NIFTY 50 VIEW

Nifty 50 (10226)

Nifty yesterday showed selling pressure and slide down forming a selling pattern formation.
It can slide further to 10178-10136 today.

Uptrend can resume only above 10410.
Stocks which can slide further are icici bank sbi bank and tatamotors.