Thursday, 30 August 2018

Bank Nifty Spot Outlook for 31st Aug

BANK NIFTY


In the previous session Bank Nifty spot opened at 28233.70 which was also the high  , then made a low of 27961.75 before closing at 28103.25 .

Had mentioned that long trade for the day will get triggered on sustaining above 28330 and short trade for the day will get triggered on sustaining below 28160 . Bank Nifty triggered  our short trade and did nearly 200 points.

Had mentioned " In this week Bank Nifty needs to break and sustain / close above 28050 to test 28280 - 28335 initially and above it we can see a test of 28530 - 28745 . Similarly Bank Nifty needs to break and sustain / close below 27620 to test 27390 - 27335 initially and below it we can see a test of 27140 - 26925.", and Bank Nifty triggered our weekly long trade and completed our initial targets . Also had mentioned " Now in the coming sessions Bank Nifty needs to break and sustain above 28335 to move towards the next targets else we might see it dip towards the immediate support zone of 27970 - 28050 ." , and today Bank Nifty made a low of 27961.75 .

Had mentioned previously " For the month of August ,Bank Nifty longs will get confirmed with a consecutive close above 28075 for a initial target of 28405 - 28490 and sustaining / closing above it we can see a further test of 28775 - 29085 . Similarly , shorts will get confirmed with a consecutive close below  27450 for a initial target of 27125 - 27040 and sustaining / closing below it we can see a further move till 26755 - 26445 . " , and  Bank Nifty now has stiff resistance near 28355 - 28415 and unless it closes above in the coming sessions we can expect it to trade sideways again between 27450 - 28405 for now . 

Now in the coming session Bank Nifty needs to break and sustain above 28185 to test 28270 - 28290 initially and sustaining above it we can see a further upmove till 28365 - 28445. Similarly breaking and sustaining below 28025 we can see a test of 27935 - 27915 initially and breaking and sustaining below it we can see a further correction till 27845 - 27760 .


Bank Nifty Spot Levels for the day are

Long above 28185 for 28235 - 28290 - 28445 , SL 28080

Short below 28025 for 27975 - 27915 -  27760 , SL 28130

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Nifty Spot Outlook for 31st Aug

NIFTY


In the previous session Nifty spot opened at 11694.75, made a high of 11698.80, then made a low of 11639.70   before closing at 11676.80

Had mentioned that long trade will get triggered for the day on sustaining above 11715 and short trade will get triggered for the day on sustaining below 11670. Nifty triggered our short trade and did 40 points .  

Had mentioned " In this week Nifty needs to break and sustain / close above 11615 to test 11680 - 11695 initially and above it we can see a test of 11750 - 11810 . Similarly Nifty needs to break and sustain / close below 11495 to test 11435 - 11420 initially and below it we can see a test of 11365 - 11305 ." , and Nifty triggered our weekly longs and made a high of 11760.20 reaching our last target range of 11750 - 11810 . Also as mentioned in the previous post " Nifty needs to continue holding above 11695 in the coming sessions to retest 11750 - 11810 . Nifty has immediate support near 11680 - 11695 and it needs to break and sustain below it to test 11635 - 11615." , and today Nifty broke below 11680 and nearly tested the support zone of 11635 - 11615 with a low of 11639.70 .
 
Had mentioned previously " For the month of August ,Nifty longs will get confirmed with a consecutive close above 11435 for a initial target of 11520 - 11540 and sustaining / closing above it we can see a further test of 11610 - 11690 . Similarly , shorts will get confirmed with a consecutive close below  11275 for a initial target of 11195 - 11175 and sustaining / closing below it we can see a further move till 11100 - 11025 .  " , and Nifty has made a high of 11760.20 surpassing our last target by 70 points . Now it has immediate support at 11610 for this month.

Now in the coming session Nifty needs to break and sustain above 11700 to test 11720 - 11730 initially and sustaining above it we can see a further upmove till 11745 - 11770. Similarly breaking and sustaining below 11655 we can see a test of 11635 - 11625 initially and breaking and sustaining below it we can see a further correction till 11605 - 11585 . 


Nifty Spot Levels for the day are

Long above 11700 for 11710 - 11730 - 11770 , SL 11670

Short below 11655 for 11640 - 11625 - 11585 , SL 11685

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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.

Wednesday, 29 August 2018

Bank Nifty Spot Outlook for 30th Aug

BANK NIFTY


In the previous session Bank Nifty spot opened at 28233.40 , made a high of 28344.10 , then made a low of 28167.80 before closing at 28244.10

Had mentioned that long trade for the day will get triggered on sustaining above 28355 and short trade for the day will get triggered on sustaining below 28180 . Bank Nifty triggered  our short trade towards the end but did not sustain and traded sideways most of the session.

Had mentioned " In this week Bank Nifty needs to break and sustain / close above 28050 to test 28280 - 28335 initially and above it we can see a test of 28530 - 28745 . Similarly Bank Nifty needs to break and sustain / close below 27620 to test 27390 - 27335 initially and below it we can see a test of 27140 - 26925.", and Bank Nifty triggered our weekly long trade and completed our initial targets . Now in the coming sessions Bank Nifty needs to break and sustain above 28335 to move towards the next targets else we might see it dip towards the immediate support zone of 27970 - 28050 .

Had mentioned previously " For the month of August ,Bank Nifty longs will get confirmed with a consecutive close above 28075 for a initial target of 28405 - 28490 and sustaining / closing above it we can see a further test of 28775 - 29085 . Similarly , shorts will get confirmed with a consecutive close below  27450 for a initial target of 27125 - 27040 and sustaining / closing below it we can see a further move till 26755 - 26445 . " , and  Bank Nifty now has stiff resistance near 28355 - 28415 and unless it closes above in the coming sessions we can expect it to trade sideways again between 27450 - 28405 for now . 

Now in the coming session Bank Nifty needs to break and sustain above 28330 to test 28415 - 28440 initially and sustaining above it we can see a further upmove till 28515 - 28595. Similarly breaking and sustaining below 28160 we can see a test of 28075 - 28050 initially and breaking and sustaining below it we can see a further correction till 27975 - 27890 .


Bank Nifty Spot Levels for the day are

Long above 28330 for 28380 - 28440 - 28595 , SL 28220

Short below 28160 for 28110 - 28050 -  27890 , SL 28270

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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 Spot Outlook for 30th Aug

NIFTY


In the previous session Nifty spot opened at 11744.95, made a high of 11753.20, then made a low of 11678.85   before closing at 11691.90

Had mentioned that long trade will get triggered for the day on sustaining above 11760 and short trade will get triggered for the day on sustaining below 11715. Nifty triggered our short trade and did 30 points .  

Had mentioned " In this week Nifty needs to break and sustain / close above 11615 to test 11680 - 11695 initially and above it we can see a test of 11750 - 11810 . Similarly Nifty needs to break and sustain / close below 11495 to test 11435 - 11420 initially and below it we can see a test of 11365 - 11305 ." , and Nifty triggered our weekly longs and made a high of 11760.20 reaching our last target range of 11750 - 11810 . Also as mentioned in the previous post " Nifty needs to continue holding above 11695 in the coming sessions to retest 11750 - 11810 . Nifty has immediate support near 11680 - 11695 and it needs to break and sustain below it to test 11635 - 11615." , and today Nifty tested its support at 11680 - 11695. Nifty needs to hold 11680 to bounce back in the coming session else we might see a test of 11635 - 11615 . 
 
Had mentioned previously " For the month of August ,Nifty longs will get confirmed with a consecutive close above 11435 for a initial target of 11520 - 11540 and sustaining / closing above it we can see a further test of 11610 - 11690 . Similarly , shorts will get confirmed with a consecutive close below  11275 for a initial target of 11195 - 11175 and sustaining / closing below it we can see a further move till 11100 - 11025 .  " , and Nifty has made a high of 11760.20 surpassing our last target by 70 points . Now it has immediate support at 11610 for this month.

Now in the coming session Nifty needs to break and sustain above 11715 to test 11740 - 11745 initially and sustaining above it we can see a further upmove till 11765 - 11790. Similarly breaking and sustaining below 11670 we can see a test of 11645 - 11640 initially and breaking and sustaining below it we can see a further correction till 11615 - 11595 . 


Nifty Spot Levels for the day are

Long above 11715 for 11730 - 11745 - 11790 , SL 11685

Short below 11670 for 11655 - 11640 - 11595 , SL 11700

Expected Expiry Range  

Upper End - 11768

Lower End - 11616

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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.

Tuesday, 28 August 2018

Bank Nifty Spot Outlook for 29th Aug

BANK NIFTY


In the previous session Bank Nifty spot opened at 28379.90 , made a new life time high of 28388.65 , then made a low of 28152.70 before closing at 28269.65

Had mentioned that long trade for the day will get triggered on sustaining above 28365 and short trade for the day will get triggered on sustaining below 28165 . Bank Nifty triggered both our long trade and short trade today but did not sustain on either side and took the stoploss.

Had mentioned " In this week Bank Nifty needs to break and sustain / close above 28050 to test 28280 - 28335 initially and above it we can see a test of 28530 - 28745 . Similarly Bank Nifty needs to break and sustain / close below 27620 to test 27390 - 27335 initially and below it we can see a test of 27140 - 26925.", and Bank Nifty triggered our weekly long trade and completed our initial targets . Now in the coming sessions Bank Nifty needs to break and sustain above 28335 to move towards the next targets else we might see it dip towards the immediate support zone of 27970 - 28050 .

Had mentioned previously " For the month of August ,Bank Nifty longs will get confirmed with a consecutive close above 28075 for a initial target of 28405 - 28490 and sustaining / closing above it we can see a further test of 28775 - 29085 . Similarly , shorts will get confirmed with a consecutive close below  27450 for a initial target of 27125 - 27040 and sustaining / closing below it we can see a further move till 26755 - 26445 . " , and  Bank Nifty now has stiff resistance near 28355 - 28415 and unless it closes above in the coming sessions we can expect it to trade sideways again between 27450 - 28405 for now . 

Now in the coming session Bank Nifty needs to break and sustain above 28355 to test 28450 - 28470 initially and sustaining above it we can see a further upmove till 28550 - 28635. Similarly breaking and sustaining below 28180 we can see a test of 28090 - 28070 initially and breaking and sustaining below it we can see a further correction till 27990 - 27905 .


Bank Nifty Spot Levels for the day are

Long above 28355 for 28410 - 28470 - 28635 , SL 28240

Short below 28180 for 28130 - 28070 -  27905 , SL 28295

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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 Spot Outlook for 29th Aug

NIFTY


In the previous session Nifty spot opened at 11731.95, made a high of 11760.20, then made a high of 11710.50   before closing at 11738.50

Had mentioned that long trade will get triggered for the day on sustaining above 11720 and short trade will get triggered for the day on sustaining below 11665. Nifty triggered our long trade and did 40 points .  

Had mentioned " In this week Nifty needs to break and sustain / close above 11615 to test 11680 - 11695 initially and above it we can see a test of 11750 - 11810 . Similarly Nifty needs to break and sustain / close below 11495 to test 11435 - 11420 initially and below it we can see a test of 11365 - 11305 ." , and Nifty triggered our weekly longs and made a high of 11760.20 reaching our last target range of 11750 - 11810 . Nifty needs to continue holding above 11695 in the coming sessions to retest 11750 - 11810 . Nifty has immediate support near 11680 - 11695 and it needs to break and sustain below it to test 11635 - 11615.
 
Had mentioned previously " For the month of August ,Nifty longs will get confirmed with a consecutive close above 11435 for a initial target of 11520 - 11540 and sustaining / closing above it we can see a further test of 11610 - 11690 . Similarly , shorts will get confirmed with a consecutive close below  11275 for a initial target of 11195 - 11175 and sustaining / closing below it we can see a further move till 11100 - 11025 .  " , and Nifty has made a high of 11760.20 surpassing our last target by 70 points . 

Now in the coming session Nifty needs to break and sustain above 11760 to test 11785 - 11790 initially and sustaining above it we can see a further upmove till 11810 - 11830. Similarly breaking and sustaining below 11715 we can see a test of 11695 - 11690 initially and breaking and sustaining below it we can see a further correction till 11670 - 11650 . 


Nifty Spot Levels for the day are

Long above 11760 for 11775 - 11790 - 11830 , SL 11730

Short below 11715 for 11705 - 11690 - 11650 , SL 11745

If you want to see the post 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. Also please give your valuable feedback by selecting the appropriate reactions box at the bottom of the post.

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, 27 August 2018

Bank Nifty Spot Outlook for 28th Aug

BANK NIFTY


In the previous session Bank Nifty spot opened at 27971.25 , made a low of 27958.20 , then made a high of 28317.75 before closing at 28264.20

Had mentioned that long trade for the day will get triggered on sustaining above 27915 and short trade for the day will get triggered on sustaining below 27755 . Bank Nifty triggered our long trade and did 400 points .

Had mentioned " In this week Bank Nifty needs to break and sustain / close above 28050 to test 28280 - 28335 initially and above it we can see a test of 28530 - 28745 . Similarly Bank Nifty needs to break and sustain / close below 27620 to test 27390 - 27335 initially and below it we can see a test of 27140 - 26925.", and Bank Nifty triggered our weekly long trade and completed our initial targets . Now in the coming sessions Bank Nifty needs to break and sustain above 28335 to move towards the next targets. 

Had mentioned previously " For the month of August ,Bank Nifty longs will get confirmed with a consecutive close above 28075 for a initial target of 28405 - 28490 and sustaining / closing above it we can see a further test of 28775 - 29085 . Similarly , shorts will get confirmed with a consecutive close below  27450 for a initial target of 27125 - 27040 and sustaining / closing below it we can see a further move till 26755 - 26445 . " , and  Bank Nifty now has stiff resistance near 28355 - 28415 and unless it closes above in the coming sessions we can expect it to trade sideways again between 27450 - 28405 for now . 

Now in the coming session Bank Nifty needs to break and sustain above 28365 to test 28465 - 28495 initially and sustaining above it we can see a further upmove till 28580 - 28680. Similarly breaking and sustaining below 28165 we can see a test of 28065 - 28035 initially and breaking and sustaining below it we can see a further correction till 27945 - 27850


Bank Nifty Spot Levels for the day are

Long above 28365 for 28425 - 28495 - 28680 , SL 28235

Short below 28165 for 28105 - 28035 -  27850 , SL 28295

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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 Spot Outlook for 28th Aug

NIFTY


In the previous session Nifty spot opened at 11605.85, made a low of 11595.60, then made a high of 11700.95   before closing at 11691.95

Had mentioned that long trade will get triggered for the day on sustaining above 11580 and short trade will get triggered for the day on sustaining below 11535. Nifty triggered our long trade and did 120 points .  

Had mentioned " In this week Nifty needs to break and sustain / close above 11615 to test 11680 - 11695 initially and above it we can see a test of 11750 - 11810 . Similarly Nifty needs to break and sustain / close below 11495 to test 11435 - 11420 initially and below it we can see a test of 11365 - 11305 ." , and Nifty triggered our weekly longs and completed our initial targets with a high of 11700.95 . Now in the coming sessions Nifty needs to sustain above 11695 for the next move till 11750 - 11810 and being unable to do so we can see a pullback till 11635 - 11615 .

Had mentioned previously " For the month of August ,Nifty longs will get confirmed with a consecutive close above 11435 for a initial target of 11520 - 11540 and sustaining / closing above it we can see a further test of 11610 - 11690 . Similarly , shorts will get confirmed with a consecutive close below  11275 for a initial target of 11195 - 11175 and sustaining / closing below it we can see a further move till 11100 - 11025 .  " , and Nifty completed all our long targets for the month with a high of 11700.95 giving us 270 points from the positional trade. 

Now in the coming session Nifty needs to break and sustain above 11720 to test 11745 - 11755 initially and sustaining above it we can see a further upmove till 11775 - 11800. Similarly breaking and sustaining below 11665 we can see a test of 11640 - 11630 initially and breaking and sustaining below it we can see a further correction till 11610 - 11585 . 


Nifty Spot Levels for the day are

Long above 11720 for 11735 - 11755 - 11800 , SL 11685

Short below 11665 for 11650 - 11630 - 11585 , SL 11700

If you want to see the post 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. Also please give your valuable feedback by selecting the appropriate reactions box at the bottom of the post.

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, 26 August 2018

Bank Nifty Spot Outlook for 27th Aug

BANK NIFTY


In the previous session Bank Nifty spot opened at 27954.25 , made a high of 28122.75 , then made a low of 27782.80 before closing at 27834.70

Had mentioned that long trade for the day will get triggered on sustaining above 28115 and short trade for the day will get triggered on sustaining below 27940 . Bank Nifty triggered our long trade and did not sustain . It then triggered our short trade and did just 150 points . 

In this week Bank Nifty needs to break and sustain / close above 28050 to test 28280 - 28335 initially and above it we can see a test of 28530 - 28745 . Similarly Bank Nifty needs to break and sustain / close below 27620 to test 27390 - 27335 initially and below it we can see a test of 27140 - 26925.

Had mentioned previously " For the month of August ,Bank Nifty longs will get confirmed with a consecutive close above 28075 for a initial target of 28405 - 28490 and sustaining / closing above it we can see a further test of 28775 - 29085 . Similarly , shorts will get confirmed with a consecutive close below  27450 for a initial target of 27125 - 27040 and sustaining / closing below it we can see a further move till 26755 - 26445 . " , and  Bank Nifty now has stiff resistance near 28355 - 28415 and unless it closes above it we can expect it to trade sideways between 27450 - 28405 for now . 

Now in the coming session Bank Nifty needs to break and sustain above 27915 to test 28005 - 28025 initially and sustaining above it we can see a further upmove till 28100 - 28180. Similarly breaking and sustaining below 27755 we can see a test of 27665 - 27645 initially and breaking and sustaining below it we can see a further correction till 27570 - 27490


Bank Nifty Spot Levels for the day are

Long above 27915 for 27965 - 28025 - 28180 , SL 27810

Short below 27755 for 27705 - 27645 -  27490 , SL 27860

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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 Spot Outlook for 27th Aug

NIFTY


In the previous session Nifty spot opened at 11566.60, made a high of 11604.60, then made a low of 11532   before closing at 11557.10

Had mentioned that long trade will get triggered for the day on sustaining above 11605 and short trade will get triggered for the day on sustaining below 11560. Nifty triggered our short trade and did 28 points .  

In this week Nifty needs to break and sustain / close above 11615 to test 11680 - 11695 initially and above it we can see a test of 11750 - 11810 . Similarly Nifty needs to break and sustain / close below 11495 to test 11435 - 11420 initially and below it we can see a test of 11365 - 11305 .

Had mentioned previously " For the month of August ,Nifty longs will get confirmed with a consecutive close above 11435 for a initial target of 11520 - 11540 and sustaining / closing above it we can see a further test of 11610 - 11690 . Similarly , shorts will get confirmed with a consecutive close below  11275 for a initial target of 11195 - 11175 and sustaining / closing below it we can see a further move till 11100 - 11025 .  " , and Nifty  tested our next targets with a high of 11620.70 . Now Nifty needs to hold 11520 - 11540 levels else we might see a dip till 11435 - 110405 .

Now in the coming session Nifty needs to break and sustain above 11580 to test 11605 - 11610 initially and sustaining above it we can see a further upmove till 11630 - 11650. Similarly breaking and sustaining below 11535 we can see a test of 11510 - 11505 initially and breaking and sustaining below it we can see a further correction till 11485 - 11465. 


Nifty Spot Levels for the day are

Long above 11580 for 11595 - 11610 - 11650 , SL 11550

Short below 11535 for 11520 - 11505 - 11460 , SL 11565

If you want to see the post 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. Also please give your valuable feedback by selecting the appropriate reactions box at the bottom of the post.

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.

Saturday, 25 August 2018

Weekly Spot Outlook Of Bank Nifty for 27th to 31st Aug

BANK NIFTY

This week Bank Nifty spot went up by 197 points , then went down by 345 points  before finally ending the week with a loss of 294 points compared to last weekly closing.


As per levels given for the previous week Bank Nifty Spot needed to sustain and close above 28355 to trigger uptrend and Bank Nifty spot needed to sustain and close below 27900 to trigger downtrend for the week. Bank Nifty triggered our short trade and did 110 points .

As mentioned in the previous weekly post " Now in the coming week Bank Nifty needs to break and sustain / close above 28355 for a test of 28595 - 28655 initially and closing above it we can see a further move till 28865 - 29090 . Similarly on sustaining / closing below 27900 we can see a test of 27660 - 27600 initially and closing below it we can see a test of 27395 - 27165. Those who are looking to enter fresh long positions should wait for Bank Nifty to sustain / close above 28355 with a stoploss of 28200 and look to hold further only on getting a close above 28595 - 28655 zone. Those who are looking to enter fresh shorts should wait for Bank Nifty to sustain / close below 27900 with a stoploss of 28060 and look to hold further only on getting a close below 27660 - 27600 zone . " , and we saw Bank Nifty trigger our weekly shorts and do 200 points .


Now in the coming week Bank Nifty needs to break and sustain / close above 28050 for a test of 28280 - 28335 initially and closing above it we can see a further move till 28530 - 28745. Similarly on sustaining / closing below 27620 we can see a test of 27390 - 27335 initially and closing below it we can see a test of 27140 - 26925 . Those who are looking to enter fresh long positions should wait for Bank Nifty to sustain / close above 28050 with a stoploss of 27900 and look to hold further only getting a close above 28280 - 28335 zone . Those who are looking to enter fresh shorts should wait for Bank Nifty to sustain / close below 27620 with a stoploss of 27770 and look to hold further only on getting a close below 27390 - 27335 zone . We are entering the expiry week and we might see a stronger move in Bank Nifty as it has not been able to match with the move in Nifty . Bank Nifty has stiff resistance near 28405 - 28490 zone and it needs to break and close above this range for any further upmove . Incase Bank Nifty fails to to break above the immediate resistance then Nifty might also not sustain at higher levels .  

As mentioned earlier " For August,  Bank Nifty monthly longs will be confirmed with a consecutive close above 28075 for a initial target of 28405 - 28490 and sustaining / closing above it we can see a further move till 28775 - 29085. Similarly shorts will be confirmed with a consecutive close below 27450 for a initial target of 27125 - 27040 and sustaining / closing below it we can see a further move till 26755 - 26445. " , and Bank Nifty triggered our monthly longs once and made a high of 28377.90 and then took our cbsl . Now Bank Nifty has support near 27570 - 27450 and holding this zone we can see it bounce back in an attempt to make a new high . 

Bank Nifty Spot Levels for the week are

Long above 27970 , Tgt 28050 - 28115 - 28185

IF Bank Nifty spot manages to get a close / sustain above 28280 then 

long again for 28335 - 28530 - 28745

Short below 27700 , Tgt 27620 - 27555 - 27485

IF Bank Nifty spot manages to get a close / sustain below 27390 then 

short again for 27335 - 27140 - 26925


P.S. Always wait for the yellow highlighted levels to be crossed after taking a long/short position for confirmation of the trade . Once the highlighted levels are crossed and the next target is achieved move your Stoploss to the highlighted levels and continue trailing it further .

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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.