Nifty 50 IndexUpdated Nifty & bank nifty :: Market make new high or Sharp fall?
Nifty & Bank nifty : Currently Main indexes are choppy and losing strength because of a, b, c. Where b will be complete below or on 10137 then go for c-sharp decline.
OR might be new high, means wave 3 completed, then prepare for decline & bottom out at wave 4 approx Nifty 9448.75-9075. Let's see what next move...
Nifty Levels::
R1 R2 R3 R4 R5 R6 R7 R8 R9 R10
10126 10141 10167 10193 10209 10235 10276 10302 10328 10344
S1 S2 S3 S4 S5 S6 S7 S8 S9 S10
10074 10058 10032 10007 9991 9965 9923 9898 9872 9856
--------------------------
Bank nifty Levels::
R1 R2 R3 R4 R5 R6 R7 R8 R9 R10
24898.76 24928.34 24976.20 25024.06 25053.64 25101.50 25178.94 25226.8 25274.6646 25304.2354
S1 S2 S3 S4 S5 S6 S7 S8 S9 S10
24803.04 24773.46 24725.60 24677.74 24648.16 24600.30 24522.86 24475 24427.1354 24397.5646
Cheers!
OR might be new high, means wave 3 completed, then prepare for decline & bottom out at wave 4 approx Nifty 9448.75-9075. Let's see what next move...
Nifty Levels::
R1 R2 R3 R4 R5 R6 R7 R8 R9 R10
10126 10141 10167 10193 10209 10235 10276 10302 10328 10344
S1 S2 S3 S4 S5 S6 S7 S8 S9 S10
10074 10058 10032 10007 9991 9965 9923 9898 9872 9856
--------------------------
Bank nifty Levels::
R1 R2 R3 R4 R5 R6 R7 R8 R9 R10
24898.76 24928.34 24976.20 25024.06 25053.64 25101.50 25178.94 25226.8 25274.6646 25304.2354
S1 S2 S3 S4 S5 S6 S7 S8 S9 S10
24803.04 24773.46 24725.60 24677.74 24648.16 24600.30 24522.86 24475 24427.1354 24397.5646
Cheers!
Note
Nifty & banknifty showing strong open interest might be going for new high 10257-298++ & 25550-700Note
Alert: C wave too much dangerous take seriously if mkt breakdown then faster downfall everyday correction till 10-15days...9400-9075. Banknifty 23800-23100 - - -Banknifty levels
R1 R2 R3 R4 R5 R6 R7 R8 R9 R10
24942 25010 25119 25228 25296 25405 25582 25691 25800 25868
S1 S2 S3 S4 S5 S6 S7 S8 S9 S10
24723 24656 24547 24437 24370 24261 24084 23975 23865 23798
Nifty levels:
R1 R2 R3 R4 R5 R6 R7 R8 R9 R10
10151 10175 10213 10252 10275 10314 10376 10414 10452 10476
S1 S2 S3 S4 S5 S6 S7 S8 S9 S10
10075 10051 10013 9975 9951 9913 9851 9812 9774 9750
Note
profit booked nifty @ 9790-800, expected one bounce back..but no trade till confirmation, risk taker positions continue with strict preceding level stop loss.Banknifty booked @ 23920..follow same above instruction
Trade closed: target reached
Note
Nifty Levels:R1 R2 R3 R4 R5 R6
9869.34 9918.11 9997.05 10075.99 10124.76 10203.70
S1 S2 S3 S4 S5 S6
9711.46 9662.69 9583.75 9504.81 9456.04 9377.10
Bank Nifty Levels:
R1 R2 R3 R4 R5 R6
24186.39 24319.79 24535.72 24751.64 24885.04 25100.97
S1 S2 S3 S4 S5 S6
23754.54 23621.14 23405.22 23189.29 23055.89 22839.97
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