Technically the correction is over and BN is well supported at said 23300 level Below 23476 today’s Supports are 23430_ 23390_23360 & 23320
Weekly above 23576 Bank Nifty’ Resistance will be 23620_23660_ 23700 & 23812 Weekly below 23430 Bank Nifty’ Supports will be 23390_23350_23310 & 23190
Monthly above 22635 BN Resistances will be 23765_23871 _23976 Monthly BN Supports 23300. (only fear below this level)
Comments
Marketpassioner
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Hi Market respect ur levels as last week it did...
touched 23307 and moved higher from there. That's why I told u earlier ur levels means alot. Now how much chances u see of BN crossing 24k in this series or no scope. Also any chance of going below 23k.
Thanks v much
@Marketpassioner, Thats alright. About crossing 24k, I must say the chances are less.
Do you remember the posting at the start of the month, expecting a sideways market.
That technical conditions are still prevailing the same, but a touch of 24000 is possible any time.
I will give some calls, on getting definite signals in index and in stocks. But my viewers should understand that, all predictions have a fifty fifty chances to win. And those who trade on that, must take an appropriate swift steps to protect their capital, with strict stop. We cannot blindly believe in technical alone, as there are many missing links always.
padiyara
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@Marketpassioner, ....and NO chance to go below 23000, that is 101% sure
Marketpassioner
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@padiyaraa, Thank u v much for ur support as always.
touched 23307 and moved higher from there. That's why I told u earlier ur levels means alot. Now how much chances u see of BN crossing 24k in this series or no scope. Also any chance of going below 23k.
Thanks v much