rakeshreddym

rakeshreddym Updated 

BankNifty Levelt to trade 43700 Above Sustains Long Targets 43800,43850,43900 43520 Belew Sustains Short Targets 43450,43400,43300,43250. Check price action on those long and short entry levels mentioned then take entry .

rakeshreddym Updated 

Banknifty is in rising wedge formation with either side of break out expecting a 1000 points move which ever side breakout happens on higher side 44040 above it may see 1000 points to upside till 45000.On downside 43600 below sustains it will test 42500-42600 area again. For friday Levels to trade since it is in uptrend buy on dip is more favourable then sell...

rakeshreddym Updated 

BankNifty Levels facing mulitple resistances ahead on higher side and in daily front it is taking resistance at 20 EMA . Levels to look for Entries based on support and resistance. Supports are 43100-43200 Resistance are 43400,43550,43600 It might open at one of the resistance areas mentioned above with Gift Nifty closing higher side friday close.

rakeshreddym Updated 

It gave good recovery from lower levels as mentioned in my previous idea 42400 could act as support and it did took support. Banknifty levels to trade for tuesday as long as it stays above 43050 good to long it.43800 below sustains more selling pressure can be seen. 43050 Above long Targets 43150,43200,43350,43400 42950 Below Short Target 43900,43800,43750

rakeshreddym Updated 

BankNifty thought it made gap up closed high but still it is in bearish trend kind of relief rally.By going with global markets closed at friday close we might open a gap down around 42500-42400 area , then we have 42400 area is crucial below price can test 42100 -42000 and above it will go for friday highs this is just possibility so keep checking price action on...

rakeshreddym Updated 

BankNifty is clearly in bearish trend now as it is making selling continuously since past 3 or 4 days it is bit of oversold now 43030 area and 42800-42750 area is good resistance above to short again which price might go and test in comming days. For Friday Levels to react Strategy :- Support&Resistance 42400 Above Long Targets 42500,42570,42650,42770 42180...

rakeshreddym Updated 

Rakesh's View Strategy-: Support&Resistance Resistance :-44040 Support:-43800 Levels to React 44040 Above Long Targets 44150,44200,44250 43800 Below Short Targets 43700,43650,43600 Support&Resistance and Targets can be reversal location as well so please check price action on those levels.

rakeshreddym Updated 

Rakesh's View Strategy:- Support&Resistance Resistance 44550 Support 44350 Levels to React 44550 Above long Targets 44600,44700,44770,44900 44350 Below Short Targets 44250,44200,44150,44050 Support and Resistances area can act as reversal location also pleace keep watch price action on those areas and take Entry accordingly. Give a like to Rakesh will...

rakeshreddym Updated 

Strategy:-Support&Resistance Major Resistance 44750-44800 Major Support 43800-43850 Banknifty is trading in a range of 44800 to 43800 range i think it will test lower level area of 43800 one more time that is strong support if held there can long with positive price action. For Monday intraday levels to trade are 44350 Above Long Targets...

rakeshreddym Updated 

Strategy :- Support/Resistacne Resistance :-19850 Support:- 19730 Nifty on daily front trading above 20 EMA with good back to back daily bull candles anything above today high 19840 chances of we might see 20000 on Expiry day itself.Trade with pirce action on mentioned levels below Levels to react 19850 Above Sustains Long Targets...

rakeshreddym Updated 

Strategy :- Support/Resistacne Resistance :-44700-44750 Support:- 44400 Banknifty tested this resistance area of 44700-44750 third time in recen times,After gap up today from same area it took hurdle fall back.Only above 44750 sustains if long trail till nest resistance area of 44850,444950 Levels to react 44570 Above long Target 44650,44700,44750 44400...

rakeshreddym Updated 

Banknifty levels to react on Tuesday 44000 Above Long Targets 44100,44200,44250 43800 Below Short Targets 43700,43615,43550,43500 Reversal Area for long 43800. Reversal Area for short 44100. Check price action on reversal areas.Most of the technical indicators suggesting sell side

rakeshreddym Updated 

Banknifty reacted well with RBI policy looking bullish and with global sentiments & GIFT NIFTY indicating a gap up open. Expected opening at or arond 44500 to 44600 area in that case wait for retrace it to test the low area support of 44400-44550 area previously resistance if holds then go long with positive price action there for targets of...

rakeshreddym Updated 

BankNifty Levels to React 44300 Above long Targets 44400,44560,44700 44180 Below Short Targets 44120,44000,43900

rakeshreddym Updated 

BankNifty Levels for Thursday mentioning buy/sell area support and resistance react with price action on those levels

rakeshreddym

Banknifty levels to react 44440 above long Target 44500,44580,44650,44700 45240 Below Short Targers 44150,44100,44000.43900.

rakeshreddym Updated 

Banknifty is trading in range of 44800 to 44200 area whole week we might expect good move to down side comming week since trend is still bearish every rise been selling off.(only above 45100 above sustains we consider a trend change to bull) For Tuesday levels to react. 44600 Above long Target 44700,44770,44800 44550 Below short Targets...

rakeshreddym Updated 

HDFC Bank at demand zone watch this areas 1530 to1500 price action any positive price action zoom into lower time frame to get early entry here i have posted daily chart if held here can long this stock to 1550,1575 and 1600 evels again . 1500 Below price voilates long invalid .