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.

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.

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: 

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.

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.

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.

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.

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.

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

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.

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...

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.