Thursday, 31 May 2018

NIFTY BANK VIEW

Nifty Bank (26327)

▪Nifty Bank yesterday gave a gap down opening but recovered in the latter part of the day.

▪Today if trades below 26000, selling pressure can be seen.

▪ABOVE 26400, it can show 26660 -26690.
NIFTY 50 VIEW

Nifty 50 (10614)

▪Nifty has made a neutral signal on bounce back zone of 10530-10560.

▪Today on trading above 10650, it can show sharp move towards 10718.

▪All dips can be used as buying opportunities until it breaks 10530.

▪Below 10530 it can slide to 10500-10450.

▪Being an expiry day trading session can be volatile.

Wednesday, 30 May 2018

NIFTY BANK VIEW

Nifty Bank (26254)

▪Nifty Bank can shed to 26000 if breaks 26200 zone.
It has multiple support around 26155-26053.

▪On trading above 26450, uptrend can resume, it can show 26680. 

▪Being expiry week trading session can be volatile.
NIFTY 50 VIEW

Nifty 50 (10633)

▪Nifty yesterday again shed down to its support levels of 10600 after a rally of three days and filled the gap (10640- 10628) of 28th may.

▪Today if it trades below 10600, it can shed to its positional support levels of 10560-10530 zone which is a bounce back zone.

▪On trading above 10660, uptrend can resume and it can show 10695-10756.

Tuesday, 29 May 2018

NIFTY BANK VIEW 

Nifty Bank (26614)

▪Nifty Bank has completed the pattern of three soldiers pattern and now is heading towards 26790- 26960.

▪If trades below 26500, it can cool down to 26360-26140.
NIFTY 50 VIEW

Nifty 50 (10688)

▪Nifty gave a gap up opening yesterday and maintained full day with positive bias.

▪Many stocks too showed reversal active and positive momentum.

▪For 29 May,  it can show 10718-10748- 10760 on maintaining above 10670.

▪If trades below 10670, it can fill the gap (10628-10640) of 28 may and cool down to 10560.

Monday, 28 May 2018

NIFTY BANK VIEW

Nifty Bank (26273)

Nifty Bank has reversed from its lows of 25600 with a pattern formation of three white soldiers in short term charts.

▪Today it can show rally of 300 points.

▪It can show 26900 in this week.

▪Support zone lies at 26100-26000 for intraday and for the week.

▪Trading below 26000, it can show 25900 -25600.
NIFTY 50 VIEW

Nifty 50 (10605)

▪Nifty has reversed from its selling pattern of previous days and closed above its resistance  zone of 10530-10560.

▪Now this zone will act as bounce back support and it can show rally towards 10900 in this week.

▪If crosses 11000 it can show new high in coming weeks

▪Trading below 10540 can shed it to 10480.

▪Maintaining above 10600, it can show 10650-10680-10760.

Friday, 25 May 2018

NIFTY BANK VIEW

Nifty Bank (26016)

▪Nifty Bank has given reversed signals active with a breakout of downtrend channel breakout and closing above two doji hammer.

▪Upcoming day on trading above 26180, it can show 26330-26500. 

▪On trading below 25600, only selling can take it to 25460.
NIFTY VIEW

Nifty 50 (10513)

▪Nifty had hold its support of 10400 and reversed to the resistance levels of 10530.

▪For the upcoming day when it trades above 10560, reversal will be active and it can show 10604-10700. 

▪Trading below 10400, can again take the index into selling pressure and it can show 10344-10260.

Thursday, 24 May 2018

NIFTY BANK VIEW

Nifty Bank (25684)

▪Nifty Bank did not hold 25600 levels yesterday and is still in selling mode to show 25450 soon.

▪Above 25950, uptrend can resume towards 26100.
NIFTY 50 VIEW

Nifty 50 (10430)

▪Nifty did not hold above its bounce back  of 10540 and shed to 10417.

▪Nifty is still in selling zone and is heading towards 10380 -10330.

▪Trading above 10530-10560 can bring pull back in the market towards 10580.

Wednesday, 23 May 2018

NIFTY BANK VIEW

Nifty Bank (25777)

▪Nifty Bank has given a neutral close and hold the selling pressure of last few trading days,
But  today if breaks 25680, it can slide to 25450-25320.

▪Only on trading above 25960, it can show uptrend resuming and show 26050-26120.
NIFTY 50 VIEW

Nifty 50 (10536)

▪Nifty has hold its selling rally of last 7 trading days with a doji pattern formation in daily charts.

▪Today on trading above 10560, it can reverse from its bounce back zone of 10530 and show 10590-10660.

▪But if maintains below 10490, it can enter into new selling zone and show 10460 -10390.

Tuesday, 22 May 2018

NIFTY BANK VIEW

Nifty Bank (25750)

▪Nifty Bank has still the selling pattern active and it is heading towards 25618-25570-25538.

▪Trade above 25800, can take it to 25950 -26000.
NIFTY 50 VIEW

Nifty 50 (10516)

▪Nifty has completed its selling pattern of 'three black crows' and closed near its bounce back zone of 10530-10550.

▪Tomorrow a pull back can be seen.
If it faces resistance at 10560, it can again slide to 10520-10480.

▪On trading above 10560, it can show 10590-10620.

Monday, 21 May 2018

NIFTY BANK VIEW

Nifty Bank (25875)

▪Nifty Bank is in selling formation and can slide to 25400- 25000 this week on breaking 25800.

▪If holds the zone of 25800 a pull back can be seen towards 26200 -26600.

▪Intraday levels:

Support 25800

Resistance 26108
NIFTY 50 VIEW

Nifty 50 (10596)

▪Nifty has formed selling patterns last week and showing signals of sliding to support levels of 10480-10360 in this coming week.

▪Important bounce back or pull back zones can be 10530- 10450

▪Closing above 10750, is important to show uptrend pull back.

▪Resistance levels lies at 10820-11000.

Intraday resistance are 10650- 10700- 10790.

Support levels are 10565-10534.

Friday, 18 May 2018

NIFTY BANK VIEW

Nifty Bank (26073)

▪Nifty Bank is showing selling patterns and is heading towards 25940 -25840.

▪Trading above 26140, it can show 26230-26380, if uptrend resumes
NIFTY 50 VIEW

Nifty 50 (10682)

▪Nifty has made selling pattern formation and now is heading towards 10638- 10600 -10550.

▪Trading above 10700, it can show a pull back towards  10750-10820.

Thursday, 17 May 2018

NIFTY BANK VIEW

Nifty Bank (26182)

▪Nifty bank yesterday gave a gap down opening but covered the gap with a doji formation.

▪If nifty bank trades below 26100, it can slide to 25900-25600.

▪On trading above 26500, uptrend can resume it can rise to 26800.
NIFTY 50 VIEW

Nifty 50 (10741)

▪Nifty opened yesterday with a gap down opening near its bounce back zone of 10700 and had hold it for the whole day and gave a close with a neutral doji.

▪Today on trading above 10760, it can show 10787-10834 and uptrend can resume.

▪Below 10740, it can slide to 10700-10690.

Wednesday, 16 May 2018

NIFTY BANK VIEW

Nifty Bank (26474)

▪Nifty Bank too showed today our target of 1000 points recommend a week ago with good momentum in the morning but has closed with selling pattern formation of inverted hammer.

▪On trading below 26400, it can shed to 26000-26100.

▪On maintaining above 26550, it can show 26800-26900.
NIFTY 50 VIEW

Nifty 50 (10801)

▪Nifty yesterday showed very good momentum in the first hours of the day but failed to hold higher levels on closing basis infact gave a closing with an inverted hammer pattern formation.

▪Today if trades below 10800, it can slide to 10745-10690.

▪On trading above 10840, uptrend can again catch momentum and it can show 10890- 10920- 10980.

Monday, 14 May 2018

NIFTY BANK VIEW

Nifty Bank (26413)

Nifty Bank is heading towards 26620 -26920.

▪As mentioned last week it can show 1000 points move it has already  covered 600-700 points rest it can cover this week.

▪Support levels lies at 26200-26000.

▪Below 26000, it can shed to 25900-25400.
NIFTY 50 VIEW

Nifty 50 (10806)

▪Nifty has given a breakout above 10790 and closed above it and now is heading towards 10850- 10870 -10920-10960 levels this week.

▪On trading below 10800, it can shed to 10750-10690 levels the support levels for the week.

▪Intraday it can show 10836-10868 support lies at 10780 -10740.

Tuesday, 8 May 2018

NIFTY BANK VIEW

Nifty Bank (25852)

▪Nifty Bank yesterday broke it's stiff resistance range of previous week and now is heading towards 26040-26112.

▪All dips can be used as buying opportunities, support lies at 25400.
NIFTY 50 VIEW

Nifty 50 (10715)

▪Nifty has reversed yesterday to uptrend and now is heading towards 10781- 10840. It gave a close with reversed bullish candle formation.

▪Support lies at 10670.

▪All dips are buying opportunities.

Monday, 7 May 2018

NIFTY BANK VIEW

Nifty Bank (25645)

▪Nifty Bank is trapped in a zone 25450- 25720 break through either side will decide the further trend in the index.

▪Resistance levels for the week are 25750 - 25840

▪Support & bounce back zone for the week 25340.

▪Intraday levels 25560-25470.
▪Resistance 25740-25763
NIFTY 50 VIEW

Nifty 50 (10614)

▪Nifty on Friday traded in selling trend and closed near its bounce back zone  of 10600-10650.

▪After a rally of 5 weeks nifty has closed with an inverted kind of candle pattern in weekly charts and it can shed to support levels of 10500-10480 in this week, if trades below 10600.

▪Levels for today 
Support @ 10580- 10560.
Resistance 10640- 10680.

Friday, 4 May 2018

NIFTY BANK VIEW

Nifty bank (25605)

▪Nifty bank is trading in the zone of 25460-25720.

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

▪Above 25610  it can show 25650- 25720- 25760.

▪Below 25540 it can slide to 25500-25390.
NIFTY 50 VIEW

Nifty 50 (10679)

▪Nifty yesterday shed down to its support zone of 10640 and resumed back to its short term resistance zone of 10680-10700.

▪Today on trading above 10680 it can show 10718-10755.

▪Below 10640 it can slide to 10610-10580.

Thursday, 3 May 2018

NIFTY BANK VIEW

▪Nifty Bank (25568)

Nifty Bank yesterday made a high of 25716 near its stiff resistance zone of 25720-25740 with a closing of neutral candle.

▪Today if it trades above 25620 it can show 25720-25840.

▪On trading below 25500, it can shed to 25470-25380 and  its bounce back zone of 25350.
NIFTY 50 VIEW

Nifty 50 (10718)

▪Nifty yesterday opened near its resistance level of 10780 and shed down to 10690 levels with a formation of bearish engulfing candle.

▪Today on trading below 10680, it can further shed to 10640.

▪Trading above 10770, only uptrend can resume in the index.

Wednesday, 2 May 2018

NIFTY BANK VIEW

Nifty Bank (25530)

▪Nifty Bank gave a gap up opening on Monday and rose to 25617, but gave a close with an inverted hammer.

▪Today on trading below 25460, it can slide to its strong bounce back zone of 25350 which can be used as buying opportunity.

▪If trades above 25530, it can show 25620-25690-25730.

▪Trading below 25340 can show selling pressure in the index
NIFTY 50 VIEW

Nifty 50 (10739)

▪Nifty on monday showed a good momentum rally and covered the gap of 10700-10740.

▪Today on trading above 10760, it can show 10790-10840.

▪On trading below 10720, it can slide to support levels of 10700- 10670.

Monday, 30 April 2018

NIFTY BANK VIEW

Nifty Bank (25394)

▪Nifty Bank showed a robustic move on Friday from 25000 to 25400 and now  also it has closed above its strong bounce back zone of 25300. 

▪This week it can show 25980 levels support lies at 25200. 

▪Intraday it can show 25540-25740, if maintains above 25300.

▪If trades below 25300 it can slide to 25140-24900.
NIFY 50 VIEW

Nifty 50 (10692)

▪Nifty on Friday broke the stiff resistance range and closed above 10640 and now is heading towards to fill the gap of 10700-10740.

▪This week it can show 10770-10840 levels, 10540-10640 will act as support zone for nifty. 

▪Intraday in nifty trades below 10640, it can slide to 10580 and maintaining above 10700-10720 zone it can show 10740-10760.

Friday, 27 April 2018

NIFTY BANK VIEW

NIFTY BANK [25010]

▪ALIKE NIFTY 50, NIFTY BANK TOO SURGED IN THE SECOND HALF OF THE SESSION & MANAGED TO CLOSE ABOVE 200 DMA OF 24933.

▪NOW ITS HEADING TOWARDS  25130-25190-25250.

▪SUPPORT ZONE LIES AROUND 24800.
NIFTY 50 VIEW

NIFTY 50 [10617]

▪AFTER CONSOLIDATING THE ENTIRE TRADING SESSION AROUND SHORT TERM SUPPORT ZONE OF 10570-10560, NIFTY SURGED BY ALMOST 50 POINTS IN THE LAST HOUR.

▪NOW, ITS MOVING TOWARDS 10640-10660-10680.

▪SUPPORT ZONE LIES AROUND 10570-10560.

Thursday, 26 April 2018

NIFTY BANK VIEW

NIFTY BANK [24814]

▪NIFTY BANK IS FACING RESISTANCE AROUND 24990-25000 AREA. IT HAS TO THAT, TO SHOW 25150-25200-25300 LEVELS.

▪SHORT TERM SUPPORT & BOUNCE BACK ZONE LIES AROUND 24700, IF FAILS TO HOLD HERE, IT CAN SLIDE FURTHER TO 24580-24530-24500.
NIFTY 50 VIEW

NIFTY 50 [10570]

▪YESTERDAY, AFTER CONSOLIDATING THE ENTIRE TRADING SESSION, NIFTY SHED TO ITS SHORT TERM SUPPORT ZONE OF 10540, IN THE LAST HOUR OF TRADE.

▪NOW 10620-10540 ARE ACTING AS SHORT TERM RESISTANCE & SUPPORT RESPECTIVELY FOR THE INDEX.

▪IF IT MANAGES TO SUSTAIN ABOVE 10610-10620 LEVELS, IT CAN SHOW 10650-10670-10690 LEVELS.

▪ON TRADING BELOW 10540, IT CAN SLIDE TO 10530-10490 AREA.

▪TODAY, BEING APRIL SERIES EXPIRY, SESSION CAN BE MORE VOLATILE.

Wednesday, 25 April 2018

NIFTY 50 VIEW

Nifty 50 (10614)

▪Nifty has made a stiff resistance zone at 10640 only on crossing this uptrend momentum can catch up and it can show 10674-10700.

▪If faces resistance again here it can shed to 10550-10520.
NIFTY 50 VIEW

Nifty 50 (10614)

▪Nifty has made a stiff resistance zone at 10640 only on crossing this uptrend momentum can catch up and it can show 10674-10700.

▪If faces resistance again here it can shed to 10550-10520.

Tuesday, 24 April 2018

NIFTY BANK VIEW

Nifty Bank (24960)

▪Nifty Bank yesterday had shed to 24466 levels but closed above its bounce back zone of 24900.

▪Today if it trades below 24900, can show 24800-24600 levels.

▪On crossing 25100, it can resume back to 25400 (the stiff resistance zone).
NIFTY 50 VIEW

Nifty 50 (10584)

▪Nifty yesterday traded above its resistance zone of 10600 but failed to close above it , instead closed with a neutral doji formation.

▪Today again like yesterday trading above 10600, it can show 10640-10680 zone.

▪Below 10580, it can slide to 10520.

Monday, 23 April 2018

NIFTY BANK VIEW

Nifty Bank (24943)

▪Nifty bank last week traded in the range of 25400- 24800.

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

▪24700- 24600 is the support zone if breaks it can slide to 24000.

▪If it trades above 25000, it can show 25400.

▪25400 is acting as stiff resistance on crossing this zone it can show 25540- 25650 - 25800.
NIFTY 50 VIEW

Nifty 50 (10564)

▪Nifty showed a rally last week in the first two days of the week and consolidated in the later days of the week.

▪This week being an expiry week trading sessions can be volatile.

▪Above 10600 it can show 10640- 10700- 10770.

▪Support zone lies @ 10500-10450.

▪All dips can be used as bounce back zone.

▪Closing below 10350 -10250 zone can only be a sign of worry for the market.

Friday, 20 April 2018

NIFTY BANK VIEW

Nifty Bank (25124)

▪Nifty Bank yesterday traded near its support levels of 25000.

▪Today if holds it can again rise to 25400.

▪If fails to hold and breaks 25000 it can shed to 24900-24800 levels.
NIFTY 50 VIEW

Nifty 50 (10565)

▪Nifty yesterday traded in a very narrow range of 10540-10570 but closed with a hammer doji.

▪Today on trading above 10580, it can show 10598-10620.

▪But if maintains below 10540, it can shed to 10500 support levels.

Tuesday, 17 April 2018

NIFTY BANK VIEW

Nifty Bank (25320)

▪Nifty Bank showed good pull back rally of around 350 points from its support levels of 25000.

▪Nifty bank has stiff resistance @ 25400 if fails to cross that it can again fall down again to its support levels of 25000- 24900.

▪On crossing 25400 it can show 25520- 25620.
NIFTY 50 VIEW

Nifty 50 (10528)

▪Nifty though opened at lower levels  but showed sharp rally crossing it's resistance of 10440- 10500 on closing basis.

▪Now if nifty cools down to 10440 all dips will act as buying opportunities and nifty can show 10580- 10630, (10770 positionally) soon.

▪If nifty trades below 10430, it can show 10390-10355.

Monday, 16 April 2018

NIFTY BANK VIEW

Nifty Bank (25200)

• Nifty Bank touched its stiff resistance of 25400 and gave a neutral close in short term charts.

• Reversal is active in weekly and monthly charts and is heading towards 25250-25380.

• All dips to support levels of 25000-24900 are buying opportunities in the index.

• But if it trades below 24800, it can slide to further to 24500.
NIFTY 50 VIEW

Nifty 50 (10480)

• Nifty maintained above 10440 with strong momentum on Friday and closed above 10440. 

• Now only on trading above 10520, uptrend momentum can take over and show levels of 10557-10630-10700.

• All dips to support levels of 10400-10300 can be used as buying opportunities.

• If trades below 10300, it can slide to 10250-10111.

Friday, 13 April 2018

NIFTY BANK VIEW

Nifty Bank (25195)

▪Nifty Bank traded in the same range of yesterday 24900-25200 and formed two tweezer pattern kind of bottom formation in charts.

▪Today on trading above 25240, it can show 25400 levels.

▪24900 is very strong bounce back support zone.

▪Any dip to this level is buying opportunities.

▪If nifty bank trades below 24860, it can slide to 24580.
NIFTY 50 VIEW

Nifty 50 (10458)

▪Nifty has crossed its stiff resistance of 10440-10460.

▪Now it has to trade above 10480 to catch a rally me momentum and show 10515-10590.

▪If trades below 10400, some selling pressure can take over market and it can slide to 10366-10290.

Thursday, 12 April 2018

NIFTY BANK VIEW

Nifty Bank (25098)

▪Nifty Bank is on breakout pattern and can show 25400 soon
Yesterday it had showed a dip and now on trading above 25340, it can show 10500-10600.

▪Below 25000 it can shed to 24800.
NIFTY 50 VIEW

Nifty 50 (10417)

▪Nifty had faced resistance in the first hour of trade and showed lower levels but reversed in the second half of the day with a closing near its stiff resistance of 10420.

▪Today if it faces resistance at 10420- 10450, it can again shed to 10370- 10350 levels.

▪But if crosses 10450 with high volumes it can show 10500-10545.

Wednesday, 11 April 2018

NIFTY BANK VIEW

Nifty Bank (25226)

▪Nifty Bank is in a rally mode with breakout signals and now is heading towards 25400, if 25190 acts as support.

▪If it breaks 25190 it can slip to 24900 the strong bounce back zone.
NIFTY 50 VIEW

Nifty 50 (10402)

▪Nifty yesterday traded in a small range of 50 points of 10380-10430.

▪It has stiff resistance at 10440, if crosses and maintains it can act as support and nifty can show sharp rally towards 10600.

▪If faces resistance it can cool down to 10300-10200, as nifty had been rally mode from 10200 levels some profit booking can take place.

Tuesday, 10 April 2018

NIFTY BANK VIEW

Nifty Bank (25093)

▪Nifty Bank yesterday crossed it's stiff resistance zone of 24880 and gave a close with a marubozu candle pattern.

▪It has also given a positive pattern breakout and now is heading towards 25200-25400 .

▪If trades below 24880  it can shed to 24700-24600.
NIFTY 50 VIEW

Nifty 50 (10379) 

▪Nifty yesterday was in uptrend mode but did not close above 10400.

▪Today on crossing 10400, it can show 10450-10490 the stiff resistance zone of nifty.

▪If trades below 10350, it can cool down to 10300-10280.

Monday, 9 April 2018

NIFTY BANK VIEW

Nifty Bank (24873)

▪Nifty Bank is trading near its stiff resistance zone of 24900-24950.

▪If trades above this it will act as support and it can rise and show  25180-25272-25421 levels.

▪But if trades below this on facing resistance it can slide to  24400-24200.
NIFTY 50 VIEW

Nifty 50 (10331)

▪Nifty last week had hold the short term bounce back zone of 10084 and broke it's trendline of 10146 on closing basis.

▪Now on trading above 10350, it can rise to its stiff resistance zone of 10440-10460.

▪Support for the week 10190 &
support for intraday 10290-10260.

Friday, 6 April 2018

NIFTY BANK VIEW

Nifty Bank (23759)

▪Nifty Bank is heading towards a W pattern breakout on short term charts.

▪Today it can show 24930 with the support of 24650.

▪If trades below 24650, can slip to 24450.
NIFTY 50 VIEW

Nifty 50 (10325)

▪Nifty yesterday showed uptrend resuming and traded with positiveness. As of now it is heading towards 10430 its short term resistance  with the support of 10290-10250 for the day.

▪Weekly closing will further indicate the direction for the upcoming week.

▪Trading below 10250, can again slide it to 10190-10140.

Thursday, 5 April 2018

NIFTY BANK VIEW

Nifty Bank (24129)

▪Nifty Bank made a new high on opening but showed lower levels heading towards the closing.

▪Today on trading below 24080-24060 zone, it can further slide to 23920-23870.

▪If trades above 24250 only some pull back can be seen.

▪Global Market indicates a gap up opening.
NIFTY 50 VIEW

Nifty 50 (10128)

▪Nifty yesterday  though made a new high showed sell off in the later part of the day and close above 10100.

▪Today on breaking 10100-10080, it can further sell and slide to 10066-10004.

▪Only on trading above 10190-10200 uptrend can take over to show 10235-10341.

▪As per Global Market, Nifty can show a gap up opening.

Wednesday, 4 April 2018

NIFTY BANK VIEW

Nifty Bank (24510)

▪Nifty bank yesterday as we mentioned has closed with a doji and on  trading above 24400, it showed 24500.

▪Now on trading above 24500-24540, it can show 24600- 24700- 24800,
Momentum is upside in the index.

▪Below 24200, selling can take over to slide to 24000.
NIFTY 50 VIEW

Nifty 50 (10245)

▪Nifty opened near its support zone of 10180- 10190 and after some consolidation it rose above 10200 and gave a close above 10230 the previous resistance zone.

▪Now on holding 10230-10200, it can show 10276-10308.

▪Below 10190, it can slide to 10140.

Tuesday, 3 April 2018

NIFTY BANK VIEW

Nifty Bank (24328)

▪Nifty Bank yesterday showed selling pattern but reversed with sharp move closing with a doji pattern.

▪Today on trading above 24380, it can show 24446-24566.

▪If trades below 24200, it can again slide to 24000.
NIFTY 50 VIEW

Nifty 50 (10211)

▪Nifty yesterday opened near it's support zone and broke the resistance zone of 10200 on closing basis.

▪Today it has to trade above its short term resistance zone of 10230, to show  10245-10278- 10330.

▪Support zone lies @ 10180-10190 zone,
If trades below support zone it can shed to 10150-10120.

Monday, 2 April 2018

NIFTY BANK VIEW

Nifty Bank (24263)

▪Nifty bank has formed double bottom kind of formation in weekly charts but has stiff resistance @ 24500-24600 zone, after crossing this a sharp pull back can be seen towards 25000-25200.

▪Support zone lies at 24270-24300 for the week.
NIFTY 50 VIEW

Nifty 50 (10113)

▪Nifty has given a positive close in weekly charts and coming week if trades above 10130 can show good pull back towards 10180-10220 intraday, (10440) weekly.

▪If breaks 10090 can slide to 10000-9840.

Wednesday, 28 March 2018

NIFTY 50 VIEW

Nifty 50 (10184)

▪Nifty opened near resistance yesterday  and gave a flattish close near its resistance of 10207.

▪Today if trades above 10210-10230 it  can show 10245- 10310 and good move also can be seen due to the doji candle pattern.

▪But if trades below 10180-10170, it can slide to 10130-10077.

Tuesday, 27 March 2018

NIFTY BANK VIEW

Nifty Bank (24244)

▪Nifty bank rallied and showed sharp move with a high of 24290.

▪Now on trading above 24300, it can show 24450-24560.

▪Below 24000, it can shed to 23800-23600.
NIFTY 50 VIEW

Nifty 50 (10130)

▪Nifty yesterday rallied and close above 10027 covering the gap of Friday.

▪Today, it has to trade above 10190- 10230 for the rally to continue.

▪On trading below 10000, it can again shed down and show new 52 week lows of 9700.

Monday, 26 March 2018

NIFTY BANK VIEW

Nifty Bank (23670)

▪Nifty Bank is in selling zone and is heading towards 23000. 

▪23800 can act as resistance for the day, if trades above this it can show 24000-24300.
NIFTY 50 VIEW

Nifty 50 (9998)

▪Nifty gave a gap down opening on Friday and closed with a doji.

▪Today as SGX trading in negative territory nifty can open in negative .

▪It has to trade above 10030-10060 to show 10120-10170. 

▪Below 9950 it can shed to 9900-9780 today and 9690 can be level for the week.

▪Being an expiry week trading session can be volatile.

Friday, 23 March 2018

NIFTY 50 VIEW

▪Nifty 50 has broke it's support level of 10000 its in a free fall zone.

▪Sell on rise will be the strategy now.

▪10100 can act as stiff resistance for the day it can shed to 9800.

Tuesday, 20 March 2018

NIFTY BANK VIEW

NIFTY BANK [24245]

▪ITS HEADING TOWARDS 24000-23980 LEVELS.

▪HOPE OF REVERSAL & STIFF RESISTANCE IS 24420 FOR 24600-24750 LEVELS.
NIFTY 50 VIEW

NIFTY 50 [10094]

▪NIFTY, YESTERDAY BREACH THE POSITIONAL SUPPORT LEVEL OF 10140.

▪NOW, ITS HEADING TOWARDS 10040-10000-9980 AREA.

▪HOPE OF REVERSAL & STIFF RESISTANCE IS 10140-10160 ZONE.

▪'SELL ON RISE' CAN BE THE STRATEGY FOR THE DAY.

Monday, 19 March 2018

NIFTY 50 VIEW

▪NIFTY SHOWED A WEAK TRADING SESSION ON FRIDAY & DRAGGED BY ALMOST 160 POINTS, ENDED AROUND DAY'S LOW.

▪AS PER CHARTS, ITS NOW TRADING JUST ABOVE ITS POSITIONAL SUPPORT ZONE OF 10160-10140. THIS AREA CAN ACTS AS A STRONG SUPPORT & BOUNCE BACK ZONE.

▪NIFTY CAN SHOW 10240-10280-10300 LEVELS TODAY.

▪BUT, IF FAILS TO HOLD THE SUPPORT, IT CAN SLIDE FURTHER TO 10100-10080 AREA.

Friday, 16 March 2018

NIFTY BANK VIEW

Nifty Bank (24740)

▪Nifty bank yesterday did not hold its bounce back zone of 24800 in the last hour of the day and formed a selling pattern for today's trade.

▪Today if it maintains below 24730, it will slide to 24620-24530.

▪On trading above 24820-24840 only uptrend momentum can be seen to show 24910-25000.
NIFTY 50 VIEW

Nifty 50 (10360)

▪Nifty yesterday after 3 days of rally was in downtrend pattern and formed a double top selling pattern formation @ 10420.

▪Today if it trades above 10420, it can rise to 10460-10520.

▪If breaks 10330- 10340 selling can take over and it can slide to 10300-10270-10240.

Thursday, 15 March 2018

NIFTY BANK VIEW

Nifty Bank (24851)

➖Nifty Bank yesterday showed volatile session with a low of 24487 but gave a close above its stiff resistance zone of 24800.

➖Today it has to trade above 24800 and if manages to cross 24900, it can again touch 25000.

➖Trading below 24600, can take it to 24400-24330.
NIFTY 50 VIEW

Nifty 50 (10410)

➖Nifty yesterday showed volatile  momentum and made low of 10336 and high of 10420.

➖Today it can show lower levels in the opening hour as sgx is trading in negative levels.

➖Today to have positive trend it has to trade above 10390- 10420 zone and show 10480-10600.

➖On breaking 10330 it can slide to 10300- 10240 zone.

Wednesday, 14 March 2018

NIFTY BANK VIEW

Nifty Bank (24738)

➖Nifty bank touched its stiff resistance of 24800-25000 and shed down  to 24700- 24500 around zone.

➖Today if it trades below 24500, it can again enter selling zone and show levels of 24400- 24200.

➖Above 24800 it can again catch rally upwards towards 25000-25500.
NIFTY 50 VIEW

Nifty 50 (10426)

➖Nifty yesterday showed good momentum and touched its stiff resistance of 10450-10460 but gave a close with a rally over kind of signal.

➖Today if it trades below 10370, it can again shed down to 10290-10240.

➖If it trades above @ 10480, it can show 10570-10600.

Tuesday, 13 March 2018

NIFTY BANK VIEW

Nifty Bank (24664)

➖Nifty Bank has taken support yesterday @ 24400 and showed good momentum towards upward levels. 

➖Stiff resistance lies @ the zone 24700-24800 on crossing this it can rise to 25500 in coming days.

➖Support zone is @ 24400 for the day.
NIFTY 50 VIEW

Nifty 50 (10421)

➖Nifty yesterday showed reversal  signals ending with a marubozu candle.

➖Trend is up for the day nifty can cool to short term support levels and bounce back.

➖Today on trading above 10454-10460 zone nifty can again rise towards 10600.

➖Support zone lies @ 10388-10310.

➖If trades below 10300 it can slide to 10240-10200-10140

Monday, 12 March 2018

NIFTY BANK VIEW

Nifty Bank (24296)

➖Nifty Bank is trading below its stiff resistance zone of 24780.

➖To reverse the trend it has to trade above this zone and show 25000.

➖Support zone lies at  24250- 24000.
NIFTY 50 VIEW

Nifty 50 (10226)

➖Nifty on Friday faced resistance @ 10300 and shed down to 10200 levels. 

➖Today it can show gap up opening as sgx is indicating +122.

➖Resistance levels lies @ 10340-10390 today on trading above this it can show 10460..

➖Support zone lies @10200-10140.

Friday, 9 March 2018

NIFTY BANK VIEW

Nifty Bank (24477)

➖Nifty Bank yesterday made a new low of 24048 and hold the zone of 24000. It rose in the later part of the day and made a high of 24534 forming a positive pattern formation.

➖Today on trading above 24540, it can show 24660-24760.

➖On trading below 24270, it can slide to 24170-24090-24050.
NIFTY 50 VIEW

Nifty 50 (10242)

➖Nifty has taken support @ 10140 zone and closed with a positive pattern formation and made a high of 10270.

➖Today sgx is indicating gap up opening of +50 points.

➖Today on trading above 10280-10300,  it can show 10340- 10460 wth the support of 10200.

➖If maintains a below 10200, it can again slide down to 10140.

Thursday, 8 March 2018

NIFTY BANK VIEW

Nifty Bank (24134)

➖Nifty Bank is in free fall zone on break of 24000 it can slide to 23600.

➖Above 24400 some pull back can be seen to 24700.
NIFTY 50 VIEW

Nifty 50 (10154)

➖Nifty is trading near its bounce back zone of 10130-10080, reversal should take place.

➖Now the range to watch for is 10450- 10000 in coming days.

➖Intraday pull back can take it to 10180-10225.

➖Below 10130, It can slide to 10080.

Wednesday, 7 March 2018

NIFTY BANK VIEW

Nifty Bank (24448)

▪Nifty Bank has broke its major bounce back zone of 24750 and close below entering in a selling zone.

▪24350 can act as support zone for the day.

▪24750 can act as stiff resistance.

▪Below 24350  it can show 24190- 24000.
NIFTY 50 VIEW

Nifty 50 (10249)

▪Nifty yesterday broke it's long awaited support 10300-10270 and gave a close below it forming a selling pattern active.

▪It is now heading towards 10140- 10100 -10070.

▪10400-10450 will act as stiff resistance.

▪Sell on rise will be the strategy for coming days.