RaviChandran_Rajkumar

RaviChandran_Rajkumar

Nifty likely to open flat to small gap up. 17403 is the first resistance to be watched out and if that is taken out may be we can expect previous day high to be of high 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 lower targets...

RaviChandran_Rajkumar

Expect small gap up opening in Bank Nifty. Bank Nifty looking weaker on the daily charts closing below the next day CPR levels. First resistance to watch out is 36693. If that is taken out on upside we can expect 36800 & then Target1 & Target 2. Any resistance at CPR we can expect again a range bound market today and might again test the lower supports.

RaviChandran_Rajkumar

Expect a gap up opening in Nifty. Global markets all looking bullish. Nifty heading to our daily resistance levels of 17500. First resistance to watched out today is 17400. If that is taken out then we can expect next resistance at Previous day High. If PDH is compromised we can see Nifty testing Target 1 , Target 2 & even extended Targets. Any pull back to...

RaviChandran_Rajkumar

Bank Nifty closed below the next day CPR and showing some kind of selling pressure. 36920 is the first resistance to be watched out, if that is taken on upside we can expect Previous day high to be tested and higher targets as marked. Any rejection around this Bearish Reversal Zone we can expect it to test Previous session closing and then 36600 .

RaviChandran_Rajkumar

Nifty Trade Plan for 06 Sep 2021 Expect a gap up opening in Nifty . If Nifty opens above the Bullish Break out zone, wait for support and on retest you can sit for higher Target 1 & Target 2. In case if it still continues wait for extended target. Any good rejection at these Breakout Target zones we can look for retest of previous closing levels to be tested.

RaviChandran_Rajkumar

Bank Nifty expected to open flat to small gap up. Watch for possible reversal around 36715 zones. Trade as shown in the levels plotted.

RaviChandran_Rajkumar

Expecting a small gap up opening and watch for 17123 on opening.

RaviChandran_Rajkumar

Bank Nifty expected to open in yesterday Range. Narrow Ascending CPR looking for some good move today. If CPR is sustained on opening and PDH is taken on upside then we can expect to test 36600 levels and higher. In CPR is compromised and even expect it to retest PDL & may be even 36k.

RaviChandran_Rajkumar

Nifty expected to open flat. 17066 is a good support and on opening if that support confirmed we can go long and expect it to retest PDH. If PDH is taken on upside we can again expect 17200 &17262 If CPR is compromised on lower side we can expect 17K & 16900

RaviChandran_Rajkumar

Bank Nifty expected flat opening today. 36161 is a strong support today, any support zone created on intraday around these is a buying opportunity today for 36533 & 36720 Targets. A breakout above Bullish Break out zone we can see Target 1. Once the Bullish Reversal zone is compromised we can expect some bearishness .

RaviChandran_Rajkumar

Expecting a Flat opening in Nifty. 16900 is a good support and on opening if this supports holds good we can go long around CPR and if PDH is taken on upside we can expect 17K target today. A close above bullish Breakout zone we can expect Target 1 & Target 2 . Reversal trade around 17k should be taken after confirmed reversal signs today.

RaviChandran_Rajkumar Updated 

Nifty expected to have gap up opening. All global parameters looks pretty bullish. In case of gap up opening above 15791, if a good support is confirmed around 15791 then we can expect Target 1 , Target 2 & Even Ex Target around 15900 levels. Any good rejection confirmation around Target 2 we can look for possible shorting with a small SL or option selling.

RaviChandran_Rajkumar

Bank Nifty too looks to open with gap up. On gap up opening above 35830 and support confirmed we can possible expect Target 1 & Target 2. 36000 is a strong resistance if taken out we can expect extended targets. Any rejection confirmed around these we can look for possible reversal trade today.

RaviChandran_Rajkumar

Expecting Bank Nifty to open flat . Narrow CPR in BN and if CPR Support confirms we can go long and our first Target will be 35720 & if that is taken out we can expect 35823. Any rejection signs around 35823 & 35720 we can look for quick scalp to lower support. In case of CPR compromised on lower side we can expect 35514 & 35410

RaviChandran_Rajkumar

Expecting Nifty to have a flat to small gap up opening today. If CPR finds a good support we can go long with first target as 16659 & then 16681. If bullish Break out is taken out we can expect Target 1 & Target 2. Any good rejection signs at Bullish Breakout zone today we can look for shorting opportunity with Targets as 16660 & CPR. If CPR compromised we can...

RaviChandran_Rajkumar

Expect Bank Nifty to be opening flat. If Bank Nifty opens flat and moves to test the CPR , any rejection around 35770 levels we can look for Possible shorting opportunity with CPR as our first target And if CPR is compromised we can look for for Bullish reversal zone as next support and if that is compromised we can expect Target1 & Target 2. Any support above...

RaviChandran_Rajkumar

Expecting Nifty to open flat to small gap up. 16608 is a strong support in case of Nifty & 16665 is first resistance to watch out. A support at 16665 we can expect Nifty to test 16670 & then if that is taken out we can expect 16700 levels to be tested again. Any good rejection around 16686 we can look for possible shorting opportunity. In case 16608 is...

RaviChandran_Rajkumar

Bank Nifty Trade Plan for 25 Aug 2021 Watch out for PA around 36000 levels 35911 levels