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.

NIFTY BANK VIEW

Nifty Bank (25795)

Nifty Bank has taken support yesterday @ 25740 and has given a close with a neutral formation signal.

Now after this consolidation if trades above 25880, it can show 25930.

If trades below 25740 ,it can slide to 25680...25640...

NIFTY 50 VIEW

Nifty 50 (10361)

Nifty is consolidating near its support zone of 10300-10350 zone from last week.

Today being an expiry day trading session can be volatile.

It can resume uptrend to show 10460-10480-10490 only on trading above 10400-10420.

If maintains below 10300, sharp fall towards 10270-10220 can be seen.
The trend is showing upward momentum formation

NIFTY BANK VIEW

NIFTY BANK [25846]

IT SHOWED A FRESH ALL TIME HIGH OF 25953 & BROKE DOWN THEREAFTER.

IF IT HOLDS 25760, IT CAN RESUME BACK TO 25900-25950-26020 LEVELS.

BELOW 25760, IT CAN SLIDE TO 25700-25660-25640.

NIFTY 50 VIEW

NIFTY [10370]

AFTER CONSOLIDATING IN THE FIRST HALF, NIFTY BROKE DOWN TO ITS POSITIONAL SUPPORT ZONE OF 10350.

NOW, IF IT RESPECTS THE SUPPORT ZONE OF 10350-10340, IT CAN RESUME BACK TO 10380-10420-10440.

BELOW 10340, IT CAN SLIDE FURTHER TO 10320-10300.

NIFTY BANK VIEW

NIFTY BANK [25891]

NIFTY BANK SHOWED A RALLY OF ALMOST 210 POINTS & SHOWED A FRESH ALL TIME HIGH OF 25931.

NOW, ITS HEADING TOWARDS 25980-26000-26100 AREA.

25830-25800 CAN BE SHORT TERM SUPPORT ZONE.

NIFTY 50 VIEW

NIFTY 50 [10399]

AFTER CONSOLIDATING IN THE FIRST HALF, NIFTY SHOWED A GOOD PULL BACK RALLY OF ALMOST 60 POINTS IN THE LAST HOUR OF THE TRADING SESSION & MANAGED TO CLOSE ABOVE.

TODAY, IT CAN SHOW 10440-10480-10500, ON SUSTAINING ABOVE 10405.

10380-10370 CAN ACT AS A SUPPORT ZONE FOR THE DAY.

NIFTY BANK VIEW

NIFTY BANK [25779]

IT CONSOLIDATED, THE WHOLE TRADING SESSION, IN THE NARROW RANGE OF APPROX 100 POINTS ON FRIDAY.

25750 IS ACTING AS A SHORT TERM SUPPORT ZONE FOR NIFTY BANK.

IF MAINTAINS ABOVE 25850, IT CAN SHOW 25890-25940-25980 LEVELS SOON.

NIFTY 50 VIEW

NIFTY [10389]

NIFTY, CONSOLIDATED, THE ENTIRE TRADING SESSION IN A SMALL RANGE OF APPROX 30 POINTS ON FRIDAY.

NOW, 10380-10370 HAS BECOME A SHORT TERM SUPPORT ZONE, WHICH CAN LEAD NIFTY TO 10410-10440-10470-10490.

BELOW 10380, IT CAN SHED SOME POINTS TO 10350-10340 LEVELS.

NIFTY BANK VIEW

NIFTY BANK [25736]

NIFTY BANK ALSO CONSOLIDATED THE ENTIRE WEEK IN APPROX 200 POINTS. ITS FACING STIFF RESISTANCE AROUND 25780, IF MANAGES TO SUSTAIN ABOVE, IT CAN SHOW ITS PREVIOUS FRESH HIGHS OF AROUND 25900.

BELOW 25670, IT CAN SLIDE DOWN TO 25600-25550-25500.

NIFTY 50 VIEW

NIFTY [10348]

YESTERDAY, NIFTY PERFORMED IN A RANGE PLAY MOOD, RESPECTING THE SHORT TERM SUPPORT & RESISTANCE ZONES. BREAKTHROUGH EITHER WILL DECIDE THE FURTHER TREND.

ABOVE 10380, IT CAN SHOW 10410-10440-10460.
BELOW 10310, IT CAN SLIDE TO 10280-10260.

NIFTY BANK VIEW

NIFTY BANK [25766]

ALIKE NIFTY 50, NIFTY BANK ALSO CONSOLIDATED THE ENTIRE SESSION IN A NARROW RANGE, MAKING MULTIPLE BOTTOMS AROUND 25730.

TO CATCH UPTREND, IT HAS TO SUSTAIN ABOVE 25815, TO SHOW 25840-25870-25900.

BELOW 25720, IT CAN SLIDE TO 25670-25640-25600.

NIFTY 50 VIEW

NIFTY 50 [10342]

NIFTY, YESTERDAY TRADED IN A VERY NARROW & TIGHT RANGE, MAKING MULTIPLES BOTTOMS AROUND 10330.

TODAY, IF IT HOLDS 10330-10320 AREA & TRADES ABOVE 10360-10370, IT CAN SHOW 10400-10420-10460

BELOW 10310, IT CAN SLIDE DOWN TO 10280-10260-10240.

NIFTY BANK VIEW

Nifty Bank (25757)

Nifty Bank is trading near its all time high holding the support of 25670 zone.

If it resumes from here it can show 25840-25920.

If breaks 25670, it can slide to 25640-25500.

NIFTY 50 VIEW

Nifty 50 (10326) 

Nifty gave a gap up opening and made a high of 10358.

Today if it holds the gap and trades above 10330 on crossing 10360, it can show 10380-10400.

If trades below 10315 and fills the gap of 10309, it can show  10290-10240.

NIFTY BANK VIEW

Nifty Bank (25768)

Nifty Bank too consolidated yesterday and gave a positive pattern closing.

Today on trading above 25810, it can again catch momentum and rise towards 25870 and its all time high of 25924.

If trades below 25750, it can cool down to its support zone of 25700-25630.

NIFTY 50 VIEW

Nifty 50 (10298)

Nifty yesterday consolidated in the range of 10260-10310 zone but maintained the gap.

Today on trading above 10310, it can  show 10340-10380.

Closing above 10350 can resume uptrend in the index.

Trading below 10260 can slide it to 10230 and fill the gap it can further slide to 10190.

NIFTY BANK VIEW

Nifty Bank (25728)

Nifty Bank showed a new all time high on Friday of 25924.90 with a gap up opening.

It has also formed a neutral pattern formation but the closing is also above its previous all time high of 25695.

If it trades below 25670, it can slide down to fill the gap till 25496.

If it trades above 25875, on crossing 25930, it can show new high of 26046-26200-26400.

NIFTY 50 VIEW

Nifty 50 (10283)

WEEKLY VIEW

Nifty on Friday gave a gap up opening with a trend line breakout but maintained below 10340.

It did not fill the gap and gave a neutral closing.

Now if it maintains below 10250 it can fill the gap up to 10230 and can slide down further to 10180.

If it trades above 10300 and on crossing 10340 it can catch uptrend to show 10386-10490 in coming week.

NIFTY BAN VIEW

Nifty Bank (25466)

Nifty Bank has reversed and closed above its resistance zone of 25380.

On trading above 25500 it can show 25600...25620.
If trades below 25360 it can slide to 25310..25250...25150

NIFTY 50 VIEW

Nifty 50 (10214)

Nifty can show gap up opening as sgx is trading +90 points.

Yesterday  it has taken support @ 10120-10130 zone and showing reversal signal formation, this pull back can take nifty to 10250...10288..  10300...

Support zone is @ 10120..10130, if trades below this it can slide to 10102...9980.....

NIFTY BANK VIEW

Nifty Bank (25339)

Nifty Bank is showing reversal pattern formation and today on maintaining above 25400, it can show 25540 .

Now it is trading near its support zone of 25300-25270.

NIFTY 50 VIEW

Nifty 50 (10118)

Nifty has slide down below 10130 but has closed around 50 SMA (10120 ).

Today if holds 10090, and trades above 10120-10140 zone reversal can happen.

But if faces resistance @ this zone, it can further slide to 10080..10060 ...10000.

If reversal happens it can rise up-to 10160..10175...10210.

NIFTY 50 VIEW

Nifty 50 (10186)

Nifty yesterday shed down to its positional support of 10180 and made a low of 10175.

Today if maintains below 10180, it can slide to 10130.

This zone 10180-10130 is positional support zone a bounce and pull back can be seen

If maintains below 10130, it can slide to 10115-10058.

If pulls back it can show 10230-10275.

NIFTY BANK VIEW

Nifty Bank (25358)

Nifty Bank yesterday showed good momentum in the morning but failed to maintain above 25600 and slide down to its support zone of 25300-25280.

Today if trades below 25280, it can show 25230-25180.

Trading above 25480, a pull back can be seen in the index.

NIFTY 50 VIEW

Nifty 50 (10224)

Nifty yesterday did not cross 10350 and slide down to 10216.

Today it can slide down to 10180-10140.

Only trading above 10300, it can show some pull back to 10350.

NIFTY BANK VIEW

Nifty Bank (25498)

Nifty Bank has reversed in daily charts with a bullish pattern.

On trading above 25600, it can show 25700 and a new high in this week.

If trades below 25380, it can slide to 25000 once again.

NIFTY 50 VIEW

Nifty 50 (10321)

Nifty has hold the support zone of 10250.

It has formed a neutral signal on weekly charts and reversal signal on daily charts.

Today on trading above 10350, it can show 10394-10450 with the support of 10300.

If it trades below 10250, it can slide to 10180-10150.

NIFTY BANK VIEW

Nifty Bank (25291)

Nifty Bank has made a neutral kind of close. 
It can show both sides sharp move.

If it trades below 25100, it can slide to 25000...24904...

If manages to trade above 10300 and maintains above 25440, it can resume uptrend to show 25498...25560.

Nifty 50 (10308)

Nifty yesterday made a low of 10266, but closed above 10300.
Today it can show gap down opening as SGX is indicating -46 points.

If it breaks 10260 it can slide tp 10240-10210-10180. 
It can also touch the positional support zone of 10150-10130.

But if trades above 10350, and on maintaining above 10390, it can resume back to uptrend to show 10416-10440-10500.

NIFTY BANK VIEW ON 09/11/2017

Nifty Bank (25184)

Nifty Bank is heading towards to fill the gap of 25171-25078.
Yesterday it made a low of 25119.

Today if it trades blelow 25100, it can slide to 25076- 25057-25000.

If maintains above 25242, it can show 25373-25440.

NIFTY 50 VIEW

Nifty 50 (10303)

Nifty broke 10300 made a low of 10285 but gave closing above 10300.

Today if it trades and maintains above 10340, it can show 10363-10423.

But if faces resistance 10340, it can slide down with a sharp fall towards 10264-10240.

NIFTY BANK VIEW

Nifty Bank (25300)

Nifty Bank yesterday shed down to its short term support zone.

Today if it trades below 25240, it can shed to 25186.. 25134...25080.

If it bounces from 25186, it can again show pull back towards 25475.

NIFTY 50 VIEW

Nifty 50 (10350)

Nifty yesterday did not hold its short term support level and shed down to its positional bounce back zone of 10300-10320, if breaks this it can slide to 10240-10180.

If bounces it can show 10440. Trading above 10450, pull back can show 10508 and uptrend can resume.

NIFTY BANK VIEW

Nifty Bank (25571)

Nifty Bank is showing as it can cool down to 25300 on trading below 25520.

If it maintains above 25580, it can show 25690-25780.

NIFTY 50 VIEW

Nifty 50 (10451)

Nifty made a new high and closed @ 10451 holding the support of 10400.

Today if it trades below 10430, it can slide to 10413-10375.

If it trades above 10460, it can show again 10490-10501-10528.

NIFTY BANK VIEW

Nifty Bank (25650)

• Nifty Bank made a new high of 25695 and is showing a good positive pattern formation on closing.
• This rally can take it to 25978-26270-26400. 
• 25390-25400 can act as support zone.
• If nifty bank breaks 25400, it can shed to its bounce back zone of 25100.

NIFTY 50 VIEW

Nifty 50 (10452)

• Nifty opened with a new high of 10461 but shed down to support levels of 10400. It resumed in the later part of the day. 
• It is showing positive pattern formation in positional charts.
• Nifty on holding 10440 it can show 10474-10497 (intraday), 10550-10668 in this week. 
• If nifty breaks 10400, it can slide to 10380 and can slide further to fill the gap of 10367-10383.
• 10340-10360 can act as a bounce back zone.

NIFTY BANK VIEW

Nifty Bank (25405)

Nifty Bank again made a new high of 25598 with a fresh breakout in positional charts which can take it to 25670-25860 with the support of 25400.

If breaks 25400, it can slide to 25355-25283.

NIFTY 50 VIEW

Nifty 50 (10452)

Nifty is has given a neutral to positive closing yesterday.

Today if it trades above 10474-10490 zone, it can show good move to 10550 with the support of 10430.

 If trades below 10430, it can slide to fill the gap of 10400-10380.

NIFTY BANK VIEW

Nifty Bank (25490)

Nifty Bank showed a new high yesterday of 25549 on crossing 25198 the all time high.

Now it is heading towards 25900.

Now 25400-25250 will act as support zone.

NIFTY 50 VIEW

Nifty 50 (10440)

Nifty had given a gap up opening yesterday and now is heading towards 10467-10493 with the support of 10420.

If breaks 10420, it can slide to 10400-10380 and fill the gap of yesterday.

For long traders buy on all dips is the strategy with the support of 10140.

NIFTY BANK VIEW

Nifty Bank (25019)

Nifty Bank is hovering near its all time high of 25198.

Today if it crosses 25080, it can show 25186..25198.

If trades below 24940, it can show 24884..24808..

NIFTY 50 VIEW

Nifty 50 (10335)

Nifty yesterday showed some cool down signals and made a low of 10323.

Today if it trades below 10340, it can show 10312..10298..10274.

10270 can act as a bounce back zone to rise towards 10370 again.

NIFTY BANK VIEW

Nifty Bank (24988)

Nifty Bank is hovering around its all time high.

Yesterday it had hold the zone of 24800 and has made a reversal signal to rise towards its all time high 25198.

Support zone lies @ 24800-24600 zone.

All dips are still buying opportunities.

NIFTY 50 VIEW

Nifty 50 (10363)

Nifty is trading near its positional resistance zone of 10376-10416.

Yesterday it crossed 10376 made a high of 10384 but did not close above 10376.

It has now formed 10340-10360 a support zone.

Today if it maintains above this it can cross 10376-10384 to show 10416.

If maintains below 10340, it can slide to 10320.

NIFTY BANK VIEW

Nifty Bank (24839)

• Nifty Bank did not cross its all time high and now is showing cool down patterns towards 24600 which is a bounce back zone towards its all time high 25198.
• All dips are buying opportunity till it holds the level of 24100.
• Resistance zone lies @ 25198 and on crossing this it can show 25378.25469.positionally 25900.

NIFTY 50 VIEW

Nifty 50 (10323)

• Nifty showed a new high on Friday 10366.
• On trading above 10370, it can show 10414-10508-10740. 
• All dips can act as buying opportunities.
• It can slide to 10250-10180 zone in coming week.
• Positional support lies @ 10100-10120.

NIFTY BANK VIEW

Nifty bank (24009)

Nifty bank broke the bounce back zone of 24100 and closed below it.

Today if it trades below 24000 ..23920, it will enter into selling zone,

24100 and 24300 will act as resistance zone.

If trades above 24100, it can rise to 24320.

NIFTY 50 VIEW

Nifty 50 (10146)

Nifty has touched its bounce back support of 10130 and resumed back.

To catch again its uptrend, it has to trade above 10220-10240, the resistance zone.

Good bounce back zone lies @ 10120- 10130.

If it trades below 10120, it can slide to 10095-10070.

NIFTY BANK VIEW

Nifty Bank (24645)

Nifty Bank has not touched its all time high of 25198.

Today on trading above 24700 it can show 24800-24860.

If trades below 24640 and crosses 24570 it can cool down to its bounce back support of 24380.

NIFTY 50 VIEW

Nifty 50 (10234)

Nifty has entered into a new rally zone and will show 10340 in this week, on crossing 10260 zone.

All dips will act as buying opportunity 10170-10150 will act as support zone.

NIFTY 50 VIEW

NIFTY 50 [10230]

AFTER A GAP UP OPENING, NIFTY SHOWED A FRESH ALL TIME HIGH YESTERDAY.
BUT FILLED THE GAP IN THE SECOND HOUR OF TRADE, & MANAGED TO CLOSE AT THE HIGH POINT OF THE DAY.

ANOTHER RALLY STARTS ABOVE 10240, WHICH CAN LEAD NIFTY TO 10260-10280-10300 LEVELS.
NIFTY HAS MADE TRIPLE TOPS OF 10242-10239-10237, IF FACES AROUND THESE LEVELS, IT CAN SHOW SOME COOL DOWN SIGNALS TO 10180-10150 LEVELS, WHICH MULTIPLE SUPPORT AREA.

NIFTY BANK VIEW

Nifty Bank (24689)

Nifty Bank has reversed from its support zone can show a new high very soon.

It can show 25105 on crossing 24800 today support zone lies @ 24300.

Below 24300 it can slide to 24000.

NIFTY 50 VIEW

Nifty 50 (10167)

Nifty traded above its all time high and made a new high of 10191.

Now on maintaining above 10200 it can show  soon 10240-10376.

(Positionally for 6 months nifty can show 12000 which can be analysed by long term charts as it will enter into a new rally zone. On breaking of 9600 can be a sign of worry to watch where is holds).

For intraday, if trades below 10150 it can cool down to 10100.

On trading above 10200 it can show 10500.

NIFTY BANK VIEW

Nifty Bank (24107)

Nifty Bank can show sharp fall if breaks 24000 as this is a strong support and bounce back zone in short term charts.
To catch uptrend it has to trade above 24220 to show  24360...
Trading below 24000 again a sharp fall can be witnessed and it can slide to 23950.. 23800..23600..23400 zones 
Today being weekly expiry trading sesions can be volatile

NIFTY 50 VIEW

Nifty 50 (9984)

Nifty gave a gap up opening yesterday but did not maintain above 10000 levels and showed sharp fall towards 9900.

Today it has boucne back support zone @ 9950...9920 if holds this it can resume back to 10000..10048.

If it breaks 9920 it can slide 9880..9840.

NIFTY BANK VIEW

Nifty Bank (24251)

Nifty Bank is trading near its support zone of 24000.

Yesterday, it traded above its resistance zone of 24230, today if it maintains this 24200-24230 zone and on trading above 24320 it can show 24445-24700.

Multiple support zone lies around 24200..23900 so trading below 24200 can make it range bound.

NIFTY 50 VIEW

Nifty 50 (9988)

Nifty yesterday traded above its resistance zone 9980..9960 and gave a neutral close.

Today on trading above 9990, it can show 10015-10040-10100.

If maintains below 9970-9960 ,it can slide to 9940-9920.

If it catches uptrend nifty can show good move today.

NIFTY BANK VIEW

Nifty Bank ( 24190)

• Nifty Bank is consolidating and has now formed positive pattern to rise towards 24400 on crossing 24250, it can show 24360-24640.

• If trades below 23970-23940 zone, it can show sharp fall towards 23500-23300.

NIFTY 50 VIEW

Nifty 50 (9979)

• Nifty has taken support and now is showing reversal formation to catch uptrend in coming week.

• It can show 10090-10200 on trading above 9990.

• Support zone lies @ 9920-9940 zone.

• If it maintains below 9940-9920, it can slide to 9880--9780.

NIFTY BANK VIEW

Nifty Bank (24058)

Nifty Bank is showing selling signals and it can slide towards its bounce back zone of 23960-23940 trade.

Above 24240, it can show 24400-24500 zone.

NIFTY 50 VIEW

Nifty (9888)

Nifty yesterday did not  cross 9940-9950 zone forming it kind of stiff resistance.

Today if it trades below 9880 it can slide to 9865-9840, it can resume from its bounce back zone of 9790-9780.

If trades above 9950 it can again resume uptrend to show  9969-10030.

NIFTY BANK VIEW

Nifty Bank (24113)

Nifty Bank has also given a neutral pattern kind of formation in charts to show uptrend move it has to trade above 24130 and on crossing 24240 it can show 24460.

Support zone is @ 23930.

NIFTY 50 VIEW

Nifty 50 (9914)

Nifty showed good uptrend momentum after the RBI policy announcements of unchanged rate but gave a neutral kind of close.

To maintain the uptrend it has to cross 9940-9980 with good volumes and rise towards 10000 once again.

If nifty fails to manage above 9940, and faces resistance there it can slide down to 9850-9790.

NIFTY BANK VIEW

Nifty Bank (24103)

Nifty Bank is consolidating in the zone of 23900-24300 break through either side will decide the further trend.

The support of 23800-23900 is been holding from many days, but it is also facing resistance near 24300.

Below 23800 it can show 23700-23600. 

Above 24100 it can rise to 24300-24400.

NIFTY 50 VIEW

Nifty 50 (9868)

Nifty opened above its bounce back zone of 9790-9800 but was not able to show uptrend.

Today being RBI policy, trading session can be volatile, it can touch both the support 9790 and the resistance 9920.

Nifty trading above 9800 is a buy and if trades below 9790 it can show selling towards 9690.

Nifty Bank (24053)

• Nifty Bank has bounce back support @ 23900 if holds and resume reversal can show 24480-24750-24900 in this month. 

• If breaks 23900 it can show 23600-23400.

Intraday view 

Support @ 23900 if trades below this it can show 23600

If holds this zone 23900 it can resume back to 24180..

Nifty 50 (9788)

• Nifty had hold the zone of 9740-9780 in the morning hour on Friday, but showed slide down in the last hour closing with selling signals active. 

• Now if nifty trades below 9770-9760 zone it can show sharp fall towards 9590-9400 in this month.

• To show uptrend resuming it has to trade above 9820 to show 9880-9940.

INTRADAY VIEW 

It has stiff resistance @ 9800-9820

Below 9760 it can slide to 9730-9660

Above 9820 it can show 9840-9880