Tuesday, 30 November 2021

Bank Nifty Outlook for 01st Dec

 In the previous session :  

Bank Nifty went up by 797 points then went down by 450 points before closing lower by 281 points on Tuesday.


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 30th Nov :

Bank Nifty initially triggered our long trade and completed all targets and more doing 600+ points . Post that Bank Nifty triggered our short trade and completed 2 targets doing 250+ pts . 


For 01st Dec :

Sustaining above 35860 enter for 35975 - 36100 - 36420 , SL 35750

Sustaining below 35520 enter for 35415 - 35290 - 34970 , SL 35650


Now for this week :

Bank Nifty has to break and sustain above 36320 - 36490 where it has its initial resistance for a further move towards 36980 - 37110 where it has its next resistance for the week 

Bank Nifty has to break and sustain below 35740 - 35560 where it has its initial support for a further move towards 37070 - 34950 where it has its next support for the week 

So far this week Bank Nifty made a low of 35327.90 breaking below our initial weekly support and bounced back today to make a high of 36774.20 breaking above our initial weekly resistance and then corrected sharply to close within our initial support zone.  Now in the coming session Bank Nifty has immediate support near 35300 which it needs to hold for a bounce else we may see it correct towards 35000 - 34800 . On the upside Bank Nifty has immediate resistance at 36950 .
 
Bank Nifty is weak now till its reclaims 38100 on closing basis on upmoves . 


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 Dec

 In the previous session :

Nifty went up by 270 points then went down by 122 points before closing lower by 70 points on Tuesday.

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 30th Nov :-

Nifty initially triggered our long trade and nearly completed all targets doing 200 points and took our TSL. Post that Nifty reversed to trigger our short trade and completed just 1 target doing 40 points.

For 01st Dec :-

Sustaining above 17055 enter for 17100 - 17150 - 17280 , SL 17005

Sustaining below 16910 enter for 16870 - 16815 - 16680 , SL 16960

Now for this week :

Nifty has to break and sustain above 17145 - 17215 where it has its initial resistance for a further move towards 17415 - 17465 where it has its next resistance for the week

Nifty has to break and sustain below 16910 - 16840 where it has its initial support for a further move towards 16640 - 16590 where it has its next support for the week

So far this week Nifty has made a low of 16782.40 breaking below our initial weekly support and bounced back today till 17324.65 breaking above our initial resistance zone before correcting sharply to close below 17000 .  Now in the coming session Nifty has immediate support at 16780 which it needs to hold on dips else we may see a further dip towards 16650 - 16600. On the upside Nifty has immediate resistance at 17350 .

Nifty has to reclaim 17720 on closing basis for some signs of strength . 


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.  

Monday, 29 November 2021

Bank Nifty Outlook for 30th Nov

  In the previous session :  

Bank Nifty went down by 697 points then went up by 322 points before closing lower by 49 points on Monday.


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 Nov :

Bank Nifty triggered our short trade and nearly completed all targets doing 520 points  and took our TSL. Post that Bank Nifty triggered our long trade and completed just 1 target doing 100 pts .Overall a choppy session 


For 30th Nov :

Sustaining above 36150 enter for 36260 - 36380 - 36700 , SL 36030

Sustaining below 35800 enter for 35700 - 35570 - 35240 , SL 35930


Now for this week :

Bank Nifty has to break and sustain above 36320 - 36490 where it has its initial resistance for a further move towards 36980 - 37110 where it has its next resistance for the week 

Bank Nifty has to break and sustain below 35740 - 35560 where it has its initial support for a further move towards 37070 - 34950 where it has its next support for the week 

So far this week Bank Nifty made a low of 35327.90 breaking below our initial weekly support and bounced back to make a high of 36347.85 testing our initial weekly resistance too before closing at 35976.45 marginally below 36000 . Now in the coming session Bank Nifty has immediate support near 35300 which it needs to hold for a bounce. On the upside Bank Nifty has immediate resistance at 36600 on upmove
 
Bank Nifty is weak now till its reclaims 38100 on closing basis on upmoves . 


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 30th Nov

 In the previous session :

Nifty went down by 244 points then went up by 134 points before closing higher by 27 points on Monday.

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 Nov :-

Nifty triggered our short trade and completed 2 targets and more doing 170 points. 

For 30th Nov :-

Sustaining above 17125 enter for 17170 - 17220 - 17360 , SL 17075

Sustaining below 16980 enter for 16940 - 16885 - 16750 , SL 17035

Now for this week :

Nifty has to break and sustain above 17145 - 17215 where it has its initial resistance for a further move towards 17415 - 17465 where it has its next resistance for the week

Nifty has to break and sustain below 16910 - 16840 where it has its initial support for a further move towards 16640 - 16590 where it has its next support for the week

So far this week Nifty has made a low of 16782.40 breaking below our initial weekly support and bounced back till 17160 testing our initial resistance zone too before closing marginally above 17000. Now in the coming session Nifty has immediate support at 16780 which it needs to hold on dips . On the upside Nifty has immediate resistance at 17270 .

Nifty has to reclaim 17720 on closing basis for some signs of strength . 


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, 28 November 2021

Bank Nifty Outlook for 29th Nov

  In the previous session : 

Bank Nifty went down by 1460 points before closing lower by 1339 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 25th Nov :

Bank Nifty triggered our short trade by opening below our last target and corrected further by 925 points. 


For 29th Nov :

Sustaining above 36200 enter for 36310 - 36440 - 36770 , SL 36080

Sustaining below 35850 enter for 35740 - 35610 - 35290 , SL 35970


Now for this week :

Bank Nifty has to break and sustain above 36320 - 36490 where it has its initial resistance for a further move towards 36980 - 37110 where it has its next resistance for the week 

Bank Nifty has to break and sustain below 35740 - 35560 where it has its initial support for a further move towards 37070 - 34950 where it has its next support for the week 

Bank Nifty is weak now till its reclaims 38100 on closing basis on upmoves . 


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.