AbhishekHSinghCMT

Bank Nifty- Going Above 19252- Bulls Comfort Zone

Long
NSE:BANKNIFTY   NIFTY BANK
347 views
7
Once BN starts moving above 19252 & also goes into the gap zone -likely it will comfort bulls for bounce back in coming session. In the last session, BN had a nice bounce from 18960's to 19080's- if it dips on Monday close to 19000 & starts moving above 19100's then most likely its an early indication that BN wants to jump up later we will watch for 19252 levels & gap zone as the hurdle for further upside.
Trade active: 07:15 Hrs 7th Nov2016

Hilary gets clean chit from FBI- Dow Futures 200+ .SGX Nifty- 70+
Trade active: 10:21 Hrs 7th Nov2016

Last Price@19300

It crossed 19252- Wow
Trade active: 12:51 Hrs 7th Nov2016

Last Price@19340

Look How BN dropped into the zone 19240-19260 post crossing 19252 & bounced back again
Trade active: 15:30 Hrs 8th Nov2016

Last Price@19522

Wow - Patience finally paid for today's good 150-200 points rally
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
https://twitter.com/TalksWave

Comments

Good morning Abhishek, you are bang on target once again !! BNF has reached c on the chart. And what a way to arrive there, travelling a down-up journey of more than 3k points. Can you please update it with your latest views and opinion on where it may be headed now ?
Reply
@ShanTrader, Good Morning Shan
Reply
Yes sure we did and I am holding some overnight. Futures look green !!!! Hope it plays out that way.
Reply
Excellent as usual. Expect tomorrow to be a volatile day for Indian stocks due to US election jitters !!!
Reply
2 times we got buying opportunity in BN in the zone 19250-19260 for the 100 points rally.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out