Nifty formed an inside day setup up today and we can expect good moves in coming days. The first resistance to watch out for Nifty would be PDH, once that is taken out we can expect it test out Bullish Breakout zone and that compromised on upside we can expect possible target 1 & Target 2. In case if CPR is getting compromised we can expect Nifty to test out...
BN managed to close on the bullish node. Global markets are kind of in a neutral sentiment and Dollar index is on rise which is of little bit of worry. BN formed an inside day bar today and we can expect some breakout moves in coming days, tomorrow being monthly expiry and if market opens with the yesterdays range and fails to takeout the previous day high then...
Expect Bank Nifty to open gap down. Global weakness withnessed in the last trading session and expecting nifty to open gap down. Key levels on the lower side to be watched out are Bullish Reversal of 37653 and 37361 levels, Any of the these levels compromised on the lower side we can can expect BN to test out Target 1 and Target 2 (37 K levels). If that is...
Expect Nifty to open gap down. Global weakness witnessed in the last trading session and expecting nifty to open gap down. On opening we can expect possible support around 17650 levels, if that is compromised we can expect Bearish Breakout zone 17564 to the tested. If break out confirmed then we can expect Target 1 & Target 2 to be tested. Even that is...
Bank Nifty Trade Plan for 28 Sep 2021 A very narrow CPR in case of BN , can expect some good movement today. Expecting BN to open flat and if CPR sustains on opening we can expect BN to test bearish reversal zone of 38280 and if previous high is taken out we can expect BN to test Target 1 & Target 2. In case of CPR getting compromised on lower side or any good...
Nifty Trade Plan for 28 Sep 2021 Yesterday Nifty closed well below the next day CPR and little narrow CPR today. CPR shoud act as a resistance and if taken out we can expect resistance around 17894. In case if Bearish Reversal zone is taken out on upside we can expect Bullish Beak out zone - 17933 to the tested again and if that is taken out we can expect even...
Expect a small gap up opening in Bank Nifty. Bank Nifty is comparatively weaker then Nifty and also closing below the next day CPR levels. 37200 is a very strong resistance for BN , if that is taken on the upside and sustains then we can expect a possible upmove. Any resistance around 37200 we can expect BN to again test yesterday lows and lower.
Nifty expected to open gap up. Being narrow cpr we can expect some good moves today. The first resistance to watch out would be 17660 levels, if that is taken out on the upside we can expect higher targets. Any resistance around these we can expect to test Bullish breakout zones. Today being expiry we can expect moves on either side. If Bullish Break Out zone...
Nifty recovered well after testing the previous demand zone and managed to close above the next day CPR levels. In case nifty opens flat and tests the CPR, the bullish Reversal zone of 17493 should act as a good support and can again test the previous day close and if that is taken out we can again expect to test 17631 & higher levels. Any rejection around 17631...
Bank Nifty recovered very well in todays session and managed to close above the next day CPR. A reversal setup in case of BN, CPR should act as a possible support tomorrow and we can see that 37011 is a bullish reversal zone. Any good support around these on opening we can expect BN to test out Bearish Reversal zone 37460 & Breakout zone of 37684. If Bullish...
Bank Nifty likely to open flat to small gap up. Still much room for correction in Bank Nifty, 37350 levels - CPR will act as a strong resistance fro Bank Nifty. If CPR is giving resistance we can possibly look for again some selling and we can expect 36944 & Bearish Break out zone of 36741 levels to be tested.
Nifty likely to open flat to small gap up. Nifty closed on bearish note and the global parameters still showing some selling pressure. Nifty is at decent support and CPR should act as a strong resistance for Nifty. watch out for 17468 as a good resistance and any resistance confirmed around these is again a selling opportunity in nifty today. In case of Bullish...
Bank Likely likely to open with a small gap down. Key support for BN is 37418. If that is compromised we can expect possible lower targets 1 & 2. Any support above CPR is a buying opportunity.
Expecting a gap down opening in Nifty. Breakout below the Bearish Breakout zone we can expect 17350 levels to be tested. Any good support above CPR we can expect long opportunity today.
Bank Nifty expected to open gap up. Bank Nifty looks pretty bullish, we can expect some possible profit booking today. Any pull back to support zone of 37445 levels will be a buying opportunity today. After such a big rally yesterday we can expect a possible range bound move, in case if previous closing price sustains and forms a support then we can again expect...
Nifty expected to open gap up. Nifty likely to open around 17670 levels If this Bearish Reversal zone is taken out on opening we can expect the first resistance around 17703 levels. In case if this bullish Breakout zone of 17703 holds good and sustains we can expect possible Target 1 & Target 2 today. In case if 17670 gives some resistance then we can expect...
Bank Nifty Likely to open flat to small gap up. Global markets having slight selling pressures. Narrow CPR in BN, and closed below yesterday CPR. In case CPR acts as a support we can expect BN to test its first resistance of 36738 and if that is taken out we can sit for T1 & T2. In case CPR is compromised on lower side and 36550 is taken out on lower side ,...
Nifty Likely to open flat to small gap up. Global markets having slight selling pressures. Nifty first resistance to watch out will be 17400-17420 levels. Once if 17420 sustains and taken on the upside we can expect to test out Target 1 / Target 2 & higher. Any rejection at these zones we can expect Nifty to test lower supports. If CPR acts as resistance...