Sunday, 31 October 2021

Bank Nifty Outlook for 01st Nov

  In the previous session : 

Bank Nifty went up by 266 points then went down by 1082 points before closing lower by 393 points on Friday.


Bank Nifty made a new life time high of 41829.60 in this upmove from the lows of 16116.25 made on 24th March


On 29th Oct :

Bank Nifty initially triggered our long trade and took our stoploss. Post that Bank Nifty reversed to trigger our short trade and completed all targets and more doing 800+ points .


For 01st Nov :

Sustaining above 39340 enter for 39475 - 39635 - 40055 , SL 39185

Sustaining below 38890 enter for 38755 - 38585 - 38175 , SL 39050


Now for this week :

Bank Nifty has to break and sustain above 39480 - 39710 where it has its initial resistance for a further move towards 40330 - 40490 where it has its next resistance for the week 

Bank Nifty has to break and sustain below 38750 - 38520 where it has its initial support for a further move towards 37900 - 37740 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 41829.60 on 25th Oct 2021 in the bounce from the fall till 16116.25 on 24th March 2020 while Nifty has made a new lifetime high of 18604.45 on 19th 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 01st Nov

 In the previous session :

Nifty went up by 58 points then went down by 244 points before closing lower by 185 points on Friday.



Nifty made a new life time high of 18604.45 in this upmove from the lows of 7511.10 made on 24th March 2020


On 29th Oct :-

Nifty triggered our long trade and took our stoploss. Post that Nifty triggered our short trade and completed all targets doing 180 points. 

For 01st Nov :-

Sustaining above 17720 enter for 17750 - 17785 - 17875 , SL 17685

Sustaining below 17620 enter for 17595 - 17560 - 17470 , SL 17655


Now for this week :

Nifty has to break and sustain above 17750 - 17800 where it has its initial resistance for a further move towards 17935 - 17970 where it has its next resistance for the week

Nifty has to break and sustain below 17595 - 17545 where it has its initial support for a further move towards 17410 - 17375 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.   

Thursday, 28 October 2021

Bank Nifty Outlook for 29th Oct

 In the previous session : 

Bank Nifty went up by 57 points then went down by 1524 points before closing lower by 1365 points on Thursday.


Bank Nifty made a new life time high of 41829.60 in this upmove from the lows of 16116.25 made on 24th March


On 28th Oct :

Bank Nifty triggered our short trade and completed all targets and more doing 1300+ points .


For 29th Oct :

Sustaining above 39735 enter for 39875 - 40035 - 40460 , SL 39575

Sustaining below 39285 enter for 39145 - 38985 - 38560 , SL 39440


Now for this week :

Bank Nifty has to break and sustain above 40490 - 40600 where it has its initial resistance for a further move towards 40870 - 40950 where it has its next resistance for the week 

Bank Nifty has to break and sustain below 40150 - 40050 where it has its initial support for a further move towards 39770 - 39700 where it has its next support for the week 

So far this week Bank Nifty made a high of 41829.60 completing both weekly long targets and has post that reversed to make a low of 39350.20 on Thursday completing both weekly initial short targets zone and also closed below it. Now in the coming sessions Bank Nifty sustaining below 39700 can dip further towards 39180 - 38980 . For a bounce Bank Nifty has to sustain above 39800 for move towards 40050 - 40250 . 

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 41829.60 on 25th Oct 2021 in the bounce from the fall till 16116.25 on 24th March 2020 while Nifty has made a new lifetime high of 18604.45 on 19th 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 29th Oct

 In the previous session :

Nifty went down by 411 points before closing lower by 354 points on Thursday.



Nifty made a new life time high of 18604.45 in this upmove from the lows of 7511.10 made on 24th March 2020


On 28th Oct :-

Nifty triggered our short trade and completed all targets and more doing 350+ points. 

For 29th Oct :-

Sustaining above 17910 enter for 17940 - 17985 - 18080 , SL 17875

Sustaining below 17800 enter for 17770 - 17730 - 17630 , SL 17840


Now for this week :

Nifty has to break and sustain above 18185 - 18230 where it has its initial resistance for a further move towards 18350 - 18380 where it has its next resistance for the week

Nifty has to break and sustain below 18045 - 18000 where it has its initial support for a further move towards 17880 - 17850 where it has its next support for the week

So far this week Nifty made a high of 18342.05 nearly testing our next weekly long targets and has now made a low of 17799.45 breaking below our next weekly short targets zone and closed within it . Now in the coming session Nifty sustaining below 17800 can dip further towards 17745 - 17630 zone. For a bounce Nifty has to break and sustain above 17930 for move towards 18000 -18080 .

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, 27 October 2021

Bank Nifty Outlook for 28th Oct

In the previous session : 

Bank Nifty went up by 108 points then went down by 488 points before closing lower by 363 points on Wednesday.


Bank Nifty made a new life time high of 41829.60 in this upmove from the lows of 16116.25 made on 24th March


On 27th Oct :

Bank Nifty triggered our short trade and nearly completed all targets doing 350 points .


For 28th Oct :

Sustaining above 41030 enter for 41115 - 41220 - 41500 , SL 40920

Sustaining below 40725 enter for 40635 - 40525 - 40245 , SL 40830


Now for this week :

Bank Nifty has to break and sustain above 40490 - 40600 where it has its initial resistance for a further move towards 40870 - 40950 where it has its next resistance for the week 

Bank Nifty has to break and sustain below 40150 - 40050 where it has its initial support for a further move towards 39770 - 39700 where it has its next support for the week 

So far this week Bank Nifty made a high of 41829.60 completing both weekly long targets and has post that reversed to make a low of 40750 on Wednesday. Now in the coming sessions Bank Nifty has to hold above 40500 on dips for a bounce back towards 41000 - 41300 . Overall Bank Nifty has to break and sustain / close above 41600 for a further move 42220 - 42970 .

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 41829.60 on 25th Oct 2021 in the bounce from the fall till 16116.25 on 24th March 2020 while Nifty has made a new lifetime high of 18604.45 on 19th 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.