RaviChandran_Rajkumar

RaviChandran_Rajkumar

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...

RaviChandran_Rajkumar

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.

RaviChandran_Rajkumar

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...

RaviChandran_Rajkumar

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.

RaviChandran_Rajkumar

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.

RaviChandran_Rajkumar

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...

RaviChandran_Rajkumar

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...

RaviChandran_Rajkumar

Bank Nifty likely to open with a small gap up. Any support around CPR 36730 range is a buying opportunity and we can expect first resistance around 37000. If 37000 is taken out we expect 37101 as next target and higher Target 1 & Target 2. if Bearish Reversal zone 37000 holds good then we can expect a range bound move today.

RaviChandran_Rajkumar

Nifty likely to open gap up. Any support getting confirmed around 17480 levels is a buying opportunity with Sl below the CPR and our first target would be 17560. If 17560 resistance is taken out we can expect Nifty to test 17600 and if that is taken out we can sit for Target1 & Target 2. Any rejection around 17600 we can expect Nifty to be in a range.

RaviChandran_Rajkumar

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 ,...

RaviChandran_Rajkumar

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...

RaviChandran_Rajkumar

Bank Nifty looking bit weaker then Nifty. BN closing below current day CPR. In case of gap up opening, 36581 should provide a good resistance and in case that is taken on upside we can sit for Bullish Breakout zone of 36360. If CPR is compromised on lower side we can expect 36300 levels to be tested again.

RaviChandran_Rajkumar

Expect a gap up opening in Nifty. 17415 is the first resistance to watch out. If that is taken out we can expect possible target 1 & Target 2. Any rejection at these targets we can expect Nifty to be in range and might come to test the CPR.

RaviChandran_Rajkumar

Bank Nifty expected to open flat. Narrow CPR in Bank nifty expecting some volatality. Last 2 trading sessions were very much range bound. The previous session closing is below the current day CPR and hence the current CPR should act as possible resistance. The first immediate resistance is 36763 and if that is taken out we can expect 36843 to be tested...

RaviChandran_Rajkumar

Nifty expected to open flat. Global parameters showing some selling pressure. The first resistance to watch out is the previous day high , if that is compromised we can see possible Target 1 & Target 2 tested on the upside. On opening if 17348 is getting compromised then we can expect Nifty to test 17300 levels and if that is also taken out we can expect 17250...

RaviChandran_Rajkumar

Expecting a flat to small gap up opening in case of Bank Nifty. Bank nifty traded pretty bullish the yesterday session and closed above next day CPR. In case of Bearish Reversal zone of 36895 is taken on the opening and find support we can expect Banknifty to again test out Bullish Breakout zone of 37022 & Target 1 & Target 2. In case if the open is flat and...

RaviChandran_Rajkumar

Expecting a flat opening in case of Nifty. Nifty recovered well after testing that 11250 levels on closing and managed to close above next day CPR. Today's CPR should act as a good support on flat opening and 17390 & 17430 should act as a strong resistance on upside. In case if 17430 taken on upside we can again see Nifty rallying on the upside. In case if CPR...

RaviChandran_Rajkumar

Bank Nifty likely to open flat to small gap up. 36615 is the first resistance to be watched out and if that is taken out may be we can expect 36762 to act as strong resistance today. Being narrow cpr and friday being holiday we can expect some good movement today or tomorrow. In case if CPR is compromised on lower side we can expect possible Target 1 & Target 2 today.