Monday, 18 October 2021

Bank Nifty Outlook for 19th Oct

 In the previous session : 

Bank Nifty went up by 606 points before closing higher by 344 points on Monday.


Bank Nifty made a new life time high of 39947.60 in this upmove from the lows of 16116.25 made on 24th March


On 18th Oct :

Bank Nifty opened above our last long target for the day and did not give a chance to enter. 

For 19th Oct :

Sustaining above 39785 enter for 39845 - 39920 - 40110 , SL 39715

Sustaining below 39585 enter for 39525 - 39450 - 39260 , SL 39655


Now for this week :

Bank Nifty has to break and sustain above 39505 - 39605 where it has its initial resistance for a further move towards 39885 - 39955 where it has its next resistance for the week 

Bank Nifty has to break and sustain below 39175 - 39075 where it has its initial support for a further move towards 38795 - 38725 where it has its next support for the week 

So far this week Bank Nifty made a high of 39947.60 nearly completing our next weekly targets and closed above the initial targets. Now Bank Nifty has to hold above 39450 for a bounce on dips else breaking and sustaining below 39450 we may see a dip till 39175 - 39075 where it has support.

Incase of a gap up beyond the first target then for fresh updated levels intraday follow the telegram channel "simplytradestocks" .


Bank Nifty has now made a high of 39947.60 on 18th Oct 2021 in the bounce from the fall till 16116.25 on 24th March 2020 while Nifty has made a new lifetime high of 18543.15 on 18th Oct 2021 from the lows of 7511 made on 24th March 2020.

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Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.    

Nifty Outlook for 19th Oct

 In the previous session :

Nifty went up by 205 points before closing higher by 138 points on Monday.



Nifty made a new life time high of 18543.15 in this upmove from the lows of 7511.10 made on 24th March 2020


On 18th Oct :-

Nifty opened near our last long target for the day and did not give a chance to enter. 

For 19th Oct :-

Sustaining above 18520 enter for 18545 - 18575 - 18650 , SL 18490

Sustaining below 18435 enter for 18410 - 18380 - 18305 , SL 18465


Now for this week :

Nifty has to break and sustain above 18405 - 18450 where it has its initial resistance for a further move towards 18560 - 18590 where it has its next resistance for the week

Nifty has to break and sustain below 18270 - 18230 where it has its initial support for a further move towards 18115 - 18085 where it has its next support for the week

So far this week Nifty has made a high of 18543.15 nearly testing our next weekly targets and closed above our initial targets. Now Nifty needs to sustain above 18405 - 18380 on dips for a bounce and breaking and sustaining below 18380 we may see a dip towards 18300 - 18270 where it has its next support.

Incase of a gap up beyond the first target then for fresh updated levels intraday follow the telegram channel "simplytradestocks" .

Join our Telegram Channel "simplytradestocks" for live index & stock trading ideas during market hours .                              


To receive this post daily in your inbox, kindly register by adding your email id in  the 'Subscribe to my posts' section on the top right side of the blog.


Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.   

Sunday, 17 October 2021

Bank Nifty Outlook for 18th Oct

 In the previous session : 

Bank Nifty went up by 739 points before closing higher by 705 points on Thursday.


Bank Nifty made a new life time high of 39375.05 in this upmove from the lows of 16116.25 made on 24th March


On 14th Oct :

Bank Nifty triggered our long trade and completed all targets and more doing 650 points. 

For 18th Oct :

Sustaining above 39440 enter for 39505 - 39575 - 39765 , SL 39370

Sustaining below 39240 enter for 39180 - 39105 - 38920 , SL 39310


Now for this week :

Bank Nifty has to break and sustain above 39505 - 39605 where it has its initial resistance for a further move towards 39885 - 39955 where it has its next resistance for the week 

Bank Nifty has to break and sustain below 39175 - 39075 where it has its initial support for a further move towards 38795 - 38725 where it has its next support for the week 

Incase of a gap up beyond the first target then for fresh updated levels intraday follow the telegram channel "simplytradestocks" .


Bank Nifty has now made a high of 39375.05 on 14th Oct 2021 in the bounce from the fall till 16116.25 on 24th March 2020 while Nifty has made a new lifetime high of 18350.75 on 14th Oct 2021 from the lows of 7511 made on 24th March 2020.

Join our Telegram Channel "simplytradestocks" for live index & stock trading ideas during market hours .                              


To receive this post daily in your inbox, kindly register by adding your email id in 6 the 'Subscribe to my posts' section on the top right side of the blog.


Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.    

Nifty Outlook for 18th Oct

 In the previous session :

Nifty went up by 189 points before closing higher by 176 points on Thursday.



Nifty made a new life time high of 18350.75 in this upmove from the lows of 7511.10 made on 24th March 2020


On 14th Oct :-

Nifty triggered our long trade trade with a gap up above our 2nd target and completed all targets moving up by another 90 points. 

For 18th Oct :-

Sustaining above 18380 enter for 18405 - 18435 - 18510 , SL 18350

Sustaining below 18295 enter for 18270 - 18240 - 18165 , SL 18325


Now for this week :

Nifty has to break and sustain above 18405 - 18450 where it has its initial resistance for a further move towards 18560 - 18590 where it has its next resistance for the week

Nifty has to break and sustain below 18270 - 18230 where it has its initial support for a further move towards 18115 - 18085 where it has its next support for the week

Incase of a gap up beyond the first target then for fresh updated levels intraday follow the telegram channel "simplytradestocks" .

Join our Telegram Channel "simplytradestocks" for live index & stock trading ideas during market hours .                              


To receive this post daily in your inbox, kindly register by adding your email id in  the 'Subscribe to my posts' section on the top right side of the blog.


Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.   

Wednesday, 13 October 2021

Bank Nifty Outlook for 14th Oct

 In the previous session : 

Bank Nifty went up by 257 points then went down by 18 points before closing higher by 114 points on Wednesday.


Bank Nifty made a new life time high of 38779.05 in this upmove from the lows of 16116.25 made on 24th March


On 13th Oct :

Bank Nifty triggered our long trade and completed 2 targets doing 130 points. 

For 14th Oct :

Sustaining above 38725 enter for 38780 - 38850 - 39000 , SL 38665

Sustaining below 38545 enter for 38495 - 38430 - 38260 , SL 38610


Now for this week :

Bank Nifty has to break and sustain above 37920 - 38010 where it has its initial resistance for a further move towards 38255 - 38315 where it has its next resistance for the week 

Bank Nifty has to break and sustain below 37630 - 37540 where it has its initial support for a further move towards 37300 - 37230 where it has its next support for the week 

So far this week Bank Nifty made a new life time high of 38779.05 completing our final weekly long targets of 38525 - 38750  . Now in the coming session Bank Nifty has to hold above 38430 - 38320 on dips for a bounce else breaking below it we may see it correct further towards 38150 - 38000. Bank Nifty has to sustain above 38750 for a extended further move towards 38965 - 39100 on the upside . 


Incase of a gap up beyond the first target then for fresh updated levels intraday follow the telegram channel "simplytradestocks" .


Bank Nifty has now made a high of 38779.05 on 13th Oct 2021 in the bounce from the fall till 16116.25 on 24th March 2020 while Nifty has made a new lifetime high of 18197.80 on 13th Oct 2021 from the lows of 7511 made on 24th March 2020.

Join our Telegram Channel "simplytradestocks" for live index & stock trading ideas during market hours .                              


To receive this post daily in your inbox, kindly register by adding your email id in 6 the 'Subscribe to my posts' section on the top right side of the blog.


Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.    

Nifty Outlook for 14th Oct

 In the previous session :

Nifty went up by 205 points before closing higher by 170 points on Wednesday.



Nifty made a new life time high of 18197.80 in this upmove from the lows of 7511.10 made on 24th March 2020


On 13th Oct :-

Nifty initially triggered our short trade trade and completed all targets doing 130 points. 

For 14th Oct :-

Sustaining above 18205 enter for 18235 - 18265 - 18350 , SL 18175

Sustaining below 18115 enter for 18090 - 18060 - 17975 , SL 18150

Now for this week :

Nifty has to break and sustain above 17975 - 18020 where it has its initial resistance for a further move towards 18150 - 18185 where it has its next resistance for the week

Nifty has to break and sustain below 17820 - 17770 where it has its initial support for a further move towards 17640 - 17605 where it has its next support for the week

So far this week Nifty made a new life time high of 18197.80 breaking above our next weekly  targets and closed within it .  Now in the coming session Nifty has immediate support at 18100 - 18060 which it needs to hold  incase of a dip for a bounce back else breaking below it we can see a further dip towards 17975 - 17935 . Nifty needs to break and sustain above 18185 now to make a move towards 18270 - 18360 which is our last weekly targets on the upside . 

Incase of a gap up beyond the first target then for fresh updated levels intraday follow the telegram channel "simplytradestocks" .

Join our Telegram Channel "simplytradestocks" for live index & stock trading ideas during market hours .                              


To receive this post daily in your inbox, kindly register by adding your email id in  the 'Subscribe to my posts' section on the top right side of the blog.


Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.