RaviChandran_Rajkumar

RaviChandran_Rajkumar

Nifty Trade Plan for 11 OCT 2021 If Bullish Reversal provides support & CPR taken out upside we can expect PDH will be possible first target and if taken out we can expect new highs. If Break out is confirmed we can possibly expect Nifty to test Target 2 & even Extended Target Zone at lower support zone

RaviChandran_Rajkumar

Bank Nifty Trade Setup for 07 OCT 2021 Bank Nifty likely to have a gap up opening. 37700 seems to be a good resistance to watch out , if that is taken out on the upside we can expect 37882 and if that is taken out previous day high to be tested out. In case of CPR getting compromised on lower side we can expect 37341 getting tested. If that is compromised the...

RaviChandran_Rajkumar

Nifty Trade Setup for 07 OCT 2021 Nifty likely to have a gap up opening. Nifty formed a descending wider CPR and expected opening will be around the CPR levels. We have bearish reversal zone inside the CPR around 17720, if this resistance holds good nifty sustains below 17720 we can expect nifty test yesterday low and if that is compromised we can expect even...

RaviChandran_Rajkumar

Bank Nifty Trade Plan for 05 OCT 2021 Bank Nifty likely to open gap down. The immediate support for Bank Nifty would be around 37300 zone, if that is compromised we can expect Bank Nifty to test 37126 levels. In case of this support of 37100 getting compromised we can expect it to again test 36900. If 37126 holds good and sustains then we can expect a pull...

RaviChandran_Rajkumar

Nifty Trade Plan for 05 OCT 2021 Nifty likely to open gap down. The immediate support for Nifty is around 17543, if that is compromised there is a very good support around 17506 levels. Any support around these we can expect Nifty to again bounce back. In case if this support is compromised we can expect Nifty to again test 17440 and lower levels. In case if...

RaviChandran_Rajkumar

Bank Nifty Trade Plan for 04 OCT 2021 Bank Nifty traded in a very narrow range in the last session and managed to close above the next day CPR levels showing some signs of pull back. Bank Nifty likely to open with a small gap up opening. 37342 is the first resistance to watch out, if that is taken out successfully we can expect Bank nifty to find resistance...

RaviChandran_Rajkumar

Nifty Trade Plan for 04 OCT 2021 Nifty traded in a very narrow range in the last session and managed to close above crucial support of 17500 levels. Nifty likely to open flat today to small gap up. 17500 is a strong support for Nifty & any support confirmation on opening we can expect Nifty to again go for retest for Previous session high & if 17560 taken on...

RaviChandran_Rajkumar

Bank Nifty closing on a weaker note. In case BN opens flat or with a small gap up , 37571 is a strong resistance to watch out. Any resistance around these levels or CPR getting compromised on lower side we can look for possible shorting opportunity and sit for 32280 levels. If 32280 compromised we can expect lower targets as marked on charts.

RaviChandran_Rajkumar

Nifty closed on a bearish note today. Global parameters looks bearish. In case Nifty opens flat then Bearish Reversal zone of 17661 is a strong resistance and we can go short. In case of 17575 getting compromised we can again expect Nifty to go and test 17531 & lower Target 1 & Target 2. Nifty looks to be sell on rise tomorrow. Once 17704 is taken on upside...

RaviChandran_Rajkumar

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...

RaviChandran_Rajkumar

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...

RaviChandran_Rajkumar

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...

RaviChandran_Rajkumar

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...

RaviChandran_Rajkumar

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...

RaviChandran_Rajkumar

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...

RaviChandran_Rajkumar

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.

RaviChandran_Rajkumar

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...

RaviChandran_Rajkumar

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...