Friday, 16 February 2018

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.

Thursday, 15 February 2018

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.

Wednesday, 14 February 2018

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.

Monday, 12 February 2018

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

Friday, 9 February 2018

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.

Thursday, 8 February 2018

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.

Wednesday, 7 February 2018

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..

Tuesday, 6 February 2018

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.

Monday, 5 February 2018

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.

Friday, 2 February 2018

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.

Thursday, 1 February 2018

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.

Wednesday, 31 January 2018

NIFTY BANK VIEW

Nifty Bank (27269)

Nifty Bank is trading near support zone of 27200-27230.

If reversed from here it can again rise to its all time 27652 high, otherwise on breaking support it can shed to 27100-27000.
NIFTY 50 VIEW

Nifty (10049)

Nifty yesterday did not maintain above 11130 and broke the support zone of 11120 and shed to 11030.

Now it is trapped in its breakout zone. 
Above 11130 it can show 11170-11220.

But if trades below 11030, it can shed to 11000-10980.

Tuesday, 30 January 2018

NIFTY BANK VIEW

Nifty Bank (27498)

Nifty Bank has also given a breakout yesterday with a new high of 27652.

Today on trading above 27530 it can show 27650-27698-27763.

If trades below 27400-27500 the support zone, it can slide to 27270-27100.
NIFTY 50 VIEW

Nifty 50 (11130)

Nifty has once again given a new high closing yesterday with a positive pattern breakout.

Today on trading above 11120-11130 zone it can show 11160-11175-11220-
11248.

If trades below the support zone of 11070-11060, it can slide to 11010-10980.

Monday, 29 January 2018

NIFTY BANK VIEW

Nifty Bank (27445)

• Nifty Bank too has formation of positive pattern for a rally of 1000 points but that will be active only on trading above 27600.

• Support zone lies @ 27100-27150 if trades below this support zone it can slide to 26700.

• Intraday levels are support 27370-27230.

• Resistance 27595-27698.
NIFTY 50 VIEW

Nifty (11069)

• Nifty has made a weekly close with a new positive pattern on its new high. This pattern is showing 300 points of rally in coming week on trading above 11120 and show 11300-11400-11000-11020 will act as support for the week. 

• Heading towards budget on 01st Feb traders should keep long positions light in the later part of the week i.e till Thursday.

• Resistance zone for intraday is 11144-11230.

• Support is 11040-11020, if trades below 11000, it can slide to 10950-10880.
[08:44, 1/29/2018] +91 82962 43481: 

Thursday, 25 January 2018

NIFTY BANK VIEW

Nifty Bank (27398)

Nifty Bank has formed a neutral signal.

Today if trades below 27210, it can slide 27100.

If trades above 27422, it can show 27478- 27512- 27630.
NIFTY 50 VIEW

Nifty 50 (11086)

Nifty has made a neutral to consolidation  formation yesterday near it's support zone of 11060-11040.

Today on trading above 11110-11120, it can resume uptrend and show 11144- 11208.

If breaks the support zone of 11040-11060, it can slide to 10950.

Wednesday, 24 January 2018

NIFTY BANK VIEW

Nifty Bank (27390)

Nifty Bank is scaling towards new high of 27630-27680.

Support zone for the day 27280-27160.

Resistance zone lies @ 27510-27630.
NIFTY BANK VIEW

Nifty Bank (27390)

Nifty Bank is scaling towards new high of 27630-27680.

Support zone for the day 27280-27160.

Resistance zone lies @ 27510-27630.
NIFTY 50 VIEW

Nifty 50(11083)

Nifty gave a gap up opening and made a new high 11092. Every month nifty has made a new high towards expiry.

If it trades below 10994 it can fill the gap till 10975.

If trades above 11093 it can show 11118-11155.

Support zone lies @ 11060-10994.

Tuesday, 23 January 2018

NIFTY BANK VIEW

Nifty Bank (27041)

Nifty Bank again made a new high of 27074 and is heading towards 27130-27210- 27280.

Support lies @ 26980-26840.
NIFTY 50 VIEW

Nifty 50 (10966)

Nifty again made a new all time high of 10975 and is heading towards 11300 (The stiff resistance of the year) before budget.

Sessions can be volatile due to expiry week.

Support zone lies @ 10930-10890.

Resistance zone lies 11000-11062 for the day.

Monday, 22 January 2018

NIFTY BANK VIEW

Nifty Bank (26909)

• Nifty Bank has made a new high of 26957 and has given a weekly close on a new high of 26909.

• Support zone lies @ 26400-26600 for the coming week.  

• It can show 27290-27470-27600.
NIFTY 50 VIEW

Nifty 50 (10894)

• Nifty made a new all time high of 10906 and has given a weekly close near its all time high.

• 10820-10860 will act as a support zone for the coming expiry week.

• Resistance zone lies @ 10890-10930-10970.

• All formation in charts are showing a positional breakout move in coming  six months and show 1500 points in nifty and 6000 points move in nifty bank.

Friday, 19 January 2018

NIFTY BANK VIEW

Nifty Bank (26537)

Nifty Bank had given a gap up opening and made a high of 26887 but slide down to 26400 levels.

Nifty Bank has maintained the gap on closing basis forming a neutral signal for tomorrow.
If it maintains above 26400, it will rise again towards 26800.

If breaks 26400 it can fill the gap of (26335-26423) and slide further to 26150-26080.
NIFTY 50 VIEW

Nifty 50 (10817)

Nifty gave a gap up opening and filled the gap on profit booking in the latter part of the day but gave a closing above 10800. 
Now if it maintains above 10800, it can show 10860-10880.

Support zone lies at 10800-10780.

If maintains below 10780, it can slide to 10750-10730.

Thursday, 18 January 2018

NIFTY BANK VIEW

Nifty Bank (26289)

Nifty Bank yesterday showed a robustic move of 400 points rally as the borrowings news will be the most beneficial to banking sector.

Nifty bank has given a close with a positive pattern formation confirming rally in coming days towards 27000.

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

It can show today 25420-25440-25520 levels.

Support zone lies @ 26180-26080.
NIFTY 50 VIEW

Nifty 50 (10788)

Nifty rose up to a new high yesterday cheered up to the news of Govt will cut the borrowings by 60%.

Nifty has again entered into a new rally zone and is heading towards 10830- 10850-10880 for today.

Today it can show a gap up opening.

Support zone lies now @ 10740-10710

Wednesday, 17 January 2018

NIFTY BANK VIEW

Nifty Bank (25974)

Nifty Bank yesterday showed a new high of 26136 and shed down to 25931.

Today if it maintains below 25930 it can slide to  25800-25740.

To catch uptrend it has to trade above 26000-26020 and show levels of 26096-26136.
NIFTY 50 VIEW

Nifty 50 (10700)

Nifty yesterday filled the gap 10690-10713 with a selling pattern formation active.

Today on trading below 10680 it can slide to 10650- 10620- 10600.

Multiple support zone lies @ 10650-10640, it can bounce back from here too.

Resistance zone lies @ 10740- 10760- 10780.

Tuesday, 16 January 2018

NIFTY BANK VIEW

Nifty bank (26069)


Nifty bank showed a new high yesterday and has closed above its previous all time high of 25953 .
Nifty bank can show rally today if holds the support zone of 25950..25980.
It can show today 26150..26240 
On trading below 25940 it can shed to 25910..25880..25840
NIFTY 50 VIEW

Nifty 50 (10741)


Nifty yesterday again showed new high of 10782 with a gap up opening.

It has given a close with uptrend over signal of hanging man candle pattern formation which will be active on breaking support level of 10700 and filling the gap till 10690.

If holds this support of 10700 and on trading above 10750 uptrend can resume again to show 10780..10810..10840...

Monday, 15 January 2018

NIFTY BANK VIEW

Nifty Bank (25749)

Nifty Bank is trading near its resistance zone of 25800, it has taken support @ 25500 on crossing 25800 it can show 25950 the all time high. 

For the upcoming week it can show 26130-26240.

Support zone lies @ 25500-25400.
NIFTY 50 VIEW

Nifty 50 (10681)

Nifty gave a gap up opening on Friday and shed down to support levels of 10600. 

Nifty resumed back to its all time high in the latter half of the day and gave a close on its all time high.

Nifty is ready for a rally of 500 points from 10600 in this month and show 11300. 

Coming back to the upcoming week on trading above 10700, it can show 10857-10950.

If breaks 10600, it can shed to 10400.

Friday, 12 January 2018

NIFTY BANK VIEW

Nifty Bank ( 25660)

Nifty Bank has taken support 25530 yesterday and has formed a positive pattern formation.

Nifty Bank is surrounded with multiple resistance around 25750-25800.

On crossing these levels it will enter into rally mode and cross it's all time high of 25953 and show new high 

Support zone lies @ 25500..25530

Today it can show 25720...25790
NIFTY 50 VIEW

Nifty 50 (10664)

Nifty yesterday did not break 10600 levels and made a new high of 10664 forming a positive pattern formation.

Today as SGX nifty is indicating a gap up opening towards 10700, it can show a move of 200 points from here.

Now 10650-10630 will act as a support zone.

Resistance zone lies @ 10690...10740.

Thursday, 11 January 2018

NIFTY BANK VIEW

Nifty Bank (25617)

Nifty Bank yesterday had slide down to its bounce back support zone and reversed.

Today it has to trade above 25700-25800 to catch rally and move towards it's all time high.

If maintain below 25600-25500 it can slide 25400.
NIFTY 50 VIEW

Nifty 50 (10632)

Nifty is consolidating near it's all time high.

Now on crossing 10660 zone, it can show 10690-10710 today and will enter a new rally zone.

If trades below 10640, it can shed down to 10590-10550.

Wednesday, 10 January 2018

NIFTY 50 VIEW

Nifty 50 (10637)

Nifty has made cool down signals which will be active on breaking 10600 to show 10540-10500.

If holds 10600 and crosses 10660, it enter into a new rally zone and show 10710-10740.

Tuesday, 9 January 2018

NIFTY BANK VIEW

ITS NOT ABLE TO SUSTAIN AT HIGHER LEVELS.

Today 25780-25800 will act as important level on crossing this it can show levels near all time high 
25820-25920.

But if breaks 25640, it can slide to 25500-25400.
NIFTY 50 VIEW

Nifty 50 (10623)

Nifty gave a gap up opening yesterday and maintained the gap forming a new breakout rally pattern formation.

Today on trading above 10640, it can show 10670-10698. All dips are buying opportunities.

Support zone for the
day lies around 10570-10590, if breaks this it can slide to 10540-10480.

Monday, 8 January 2018

NIFTY BANK VIEW

Nifty Bank (25601)

• Nifty Bank has given breakout from its range and now is heading towards its all time high of 25954-26020-26300.  

• Support zone lies @ 25200-25300.
NIFTY 50 VIEW

Nifty 50 [10558]

• Nifty has closed on its new all time high and now heading towards 10606- 10640-10680-10740. 

• Support zone is also raised 10440-10500.

• If breaks 10400, some selling pressure can be seen in the index.

Wednesday, 3 January 2018

NIFTY BANK VIEW

Nifty Bank (25338)

Nifty Bank yesterday made a low of 25230 and closed above 25300.

Today on maintaining above 25400, it can again rise to 25430- 25520.

On trading below 25200, it can slide to 25000.
NIFTY 50 VIEW

Nifty 50 (10442)

Nifty yesterday consolidated in the range of 10400-10450 though made a high of 10495.

Today if it holds the zone of 10400 and on trading above 10500 it can show 10540- 10630.

On trading below 10400, it can slide to 10370-10340.

Tuesday, 2 January 2018

NIFTY BANK VIEW

Nifty Bank (25318)

Nifty Bank did not rise towards its all time high instead shed down to its support zone of 25350.

Now on trading below 25350, it can slide to 25270-25190.

Trading above 25600, only can bring bring move towards 25700-25800.
NIFTY 50 VIEW

Nifty 50 (10435)

Nifty showed profit booking at higher levels and shed down to the support levels of 10400.

Today if trades below 10400, it can slide 10350-10330.

On holding 10400, it can resume to 10500-10540-10580.

Monday, 1 January 2018

NIFTY BANK VIEW

Nifty Bank (25539)

• Nifty Bank has taken support and showing reversal in short term charts. It is heading towards its all time high of 25924.

• It can show new high of 26000 soon in coming days.

• As of now it can show 25600..25700.

• Support zone lies at 25200...25300.
NIFTY 50 VIEW

Nifty 50 ( 10530)

• Nifty has given close in monthly and weekly charts near its all time high with a positive pattern.

• In this new week, it can show very good move towards 10568...10606..10666..10710, with the support of 10440 zone for the week.

• If breaks 10440  it can slide to 10400..10370..10340.

Friday, 29 December 2017

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.

Thursday, 28 December 2017

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.

Wednesday, 27 December 2017

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...

Tuesday, 26 December 2017

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.

Friday, 22 December 2017

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.

Thursday, 21 December 2017

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.

Tuesday, 19 December 2017

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.

Monday, 18 December 2017

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.

Friday, 15 December 2017

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.

Thursday, 14 December 2017

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.

Wednesday, 13 December 2017

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

Tuesday, 12 December 2017

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.

Monday, 11 December 2017

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.

Friday, 8 December 2017

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.

Thursday, 7 December 2017

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.

Wednesday, 6 December 2017

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.

Tuesday, 5 December 2017

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.

Monday, 4 December 2017

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.

Friday, 1 December 2017

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.