bijoy2526

bijoy2526 Updated 

We have seen prolong rally in Bank nifty. it seems there is likely to be some pause going to take place. But afetr the pause the up trend likely to continue. Go through my previous posts of tank nifty.It is right on the track. In one post I had mentioned ,42284 as an important level and placing the stop loss there. on intraday basis it had violated that level but...

bijoy2526

Well that can be reached tomorrow.. Next possible target shown in the chart, just fewdays back I had mentioned " bank nifty has been trading in most congestion zone,and its break out is imminent" Last week's range was narrowest in prior last seven weeks. and yesterday was its NR7 day. Go through my previous charts direction from me always clear and targets...

bijoy2526 Updated 

Minutely I have studied bank nifty . Of course not published here. Simple reason many viewers few likings. Broader chart of bank nifty . It should touch 42670 soon. this was earlier stated too. Go through my past published charts of bank nifty, attached here with.

bijoy2526 Updated 

After lower than expected result it has gone abc flat correction. which has corrected 61.8 percent of precedingng wave. what a coincidence for SAIL. Govt has withdrawl export duty cut for steel sector. Though this will benefit jsw steel much but there will be increase in demand for steel sector in domestic market. SAIL should take U turn from this...

bijoy2526

In the lst seven weeek ,the range of bank nifty was narrowest, It was 657.30. Of course I have seen bank nifty trading in two consecutive weekly narrow range. it some times happens. its imminent break out may take place. Please keep tight stop loss below 42284. any dip is a buying opportunity. I think my next target of 42600 will be met tomorrow. Please go through...

bijoy2526 Updated 

Please refer my earlier posts of bank nifty. let us see can the option writers prvent bank nifty from touching this target. it seems not likely today. of course last one hour still left. But call writers may not allow to touch 42600. please go through my earlier post of bank nifty. follow me to get updates. don't forget to like this post.

bijoy2526

it appears bullish trend in bank nifty may continue for the time being. any pull back is an opportunity to buy. Next target of bank nifty as shown in the chart, We may get some intraday dip a or one day decline that should be an opportunity buy. out look for bank nifty is very positive. please go through my previous posts of bank nifty which have been...

bijoy2526

Last friday I published the chart of adani net. it hits the next target mentioned in my chart. what should be the next target. follow me to get up dates . don't forget to like my post.Please go through my post of friday.

bijoy2526

Look at its chart it is bouncing storngly. It has not declined compared to SAIL. I have publised the chart of SAIL just now. after 5 wave impulsive rise it has gone zigzag corection, After high of just above 577 fell to sub 300 with in a span of two months, after that it has been rising.. as long long as it has not risen five wave impulsively we can not say its...

bijoy2526 Updated 

SAIL has been declining after its favulous rally. its third wasve was extended and fourth was was truncated almost equal to 1 st wave. there after it has been correcting completing wxy and attempting to break out of the weekly channel line.. Cooling down of dxy is favouring metal sector. But remember among steel sector stocks SAIL is the weakest. So for short...

bijoy2526 Updated 

watch my levels it is striking the levels one by one. should it the thrid levels. Highly volatile stock keep tight stop loss. don't forget to like my post. follow me to get updates. my other ideas attached here with

bijoy2526

still any doubt? I had posted yesterday if bank nifty is bullish it will not fillup the gap. it didn't,It did partially filled up the gap. Indeed bank nifty is bullish now. I had mentioned to buy bank nifty when it falls to 39144,(Its low was 39147,three points missed.) to some of my close followers. as I was sure that it is not going to fill up the gap...

bijoy2526 Updated 

Center line of the channel restricts it. First point to consider whether it fills the gap that it has created on Friday that is 39196,3 and 39061,3 2 nd point if it violates thursday low or not. If bank nifty is bullish it should not fill up the gap this time. with hdfc bank coming out with good numbers and good earning expected from other public sector banks and...

bijoy2526 Updated 

the recent rally of bank nifty has been compromised when Friday's low has entered in to the territory of a. No more this rally is impulsive as we can not mark this in impulsive way. How ever still it is forming higher high and higher low as long as 37967 is not violated. Bank nifty has strong support in the region of 38449 and 38375. If this zone is violated and...

bijoy2526 Updated 

It happens to be the best performing index through out . Several upgradion of various banks and nbfc have come in recent times, It appears hiking interst rate coming in the favour of banks and nbfc. after striking recentall time high it had declined in three wave that never proves it as an impulsive decline. with earning calender around the corner positive...

bijoy2526

This is weekly chart.Hence we should not expect it over night. And this is my study not any trading recommendation. Chart is self explanatory. There is triangle break down of reliance. Probable target shown in the chart. To get such stock ideas follow me. Don't forget to like this post. In the past all my posts of recliance had rocked. Please go through them...

bijoy2526

Of course with me. It is coming down rapidly. Huge selling being observed throughout. When bank nifty was at 41405,I had suggested probable target 40080,To my surprise it was achieved soon. Bank nifty still trading above 200 dma and 20 period weekly moving average. It may touch them soon.200 dma is at 36592 and 20 period weekly moving average is at 36817. please...

bijoy2526 Updated 

please go through my several posts of bank nifty. today it has achieved the target. on sept 24 I had clearly indicated the target, and on sept 23 too. what is to done next. this rally towards downside has become little longer.. let us see if we can break the low of today. then we will go short again. DOn,t foeget to like my post. folow me to get updates.