Thursday, 29 November 2018

Bank Nifty Spot Outlook for 30th Nov

BANK NIFTY


In the previous session Bank Nifty spot opened at 26641.60 , made a low of 26577.15,  made a high of 27003.75,  before closing at 26939.60

Had mentioned that long trade for the day will get triggered on sustaining above 26530 and short trade for the day will get triggered on sustaining below 26385 . Bank Nifty triggered our long trade and did 400+ points . 

As mentioned " Now in this week Bank Nifty needs to break and sustain / close above 26190 to test 26390 - 26440 initially and above it we can see a test of 26610 - 26800 . Similarly Bank Nifty needs to break and sustain / close below 25810 to test 25610 - 25560 initially and below it we can see a test of 25390 - 25200.", and Bank Nifty had confirmed our weekly long trade and completed all our weekly long targets and exceeded it by 200 points giving 780 points 

As mentioned "For the month of November , further longs will get confirmed with a consecutive close above 25850 for a initial target of 26355 - 26515 and sustaining / closing above it we can see a further test of 27045 - 27630 . Similarly , shorts will get confirmed with a consecutive close below  24570 for a initial target of 23950 - 23795 and sustaining / closing below it we can see a further move till 23265 - 22680 ." , and Bank Nifty today made a high of 27003.75 still holding above 25850 near our next target levels of 27045 - 27630 which was expected above 26515 . 

Now in the coming session Bank Nifty needs to break and sustain above 27025 to test 27115 - 27140 initially and sustaining above it we can see a further upmove till 27220 - 27305. Similarly breaking and sustaining below 26855 we can see a test of 26760 - 26740 initially and sustaining below it we can see a further correction till 26660 - 26575. 


Bank Nifty Spot Levels for the day are

Long above 27025 for 27080 - 27140 - 27305 , SL 26965

Short below 26855 for 26800 - 26740 - 26575 , SL 26910

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.

Nifty Spot Outlook for 30th Nov

NIFTY


In the previous session Nifty spot opened at 10808.70, made a low of 10782.35 ,  made a high of 10883.05,  before closing at 10858.70

Had mentioned that long trade will get triggered for the day on sustaining above 10755 and short trade will get triggered for the day on sustaining below 10700. Nifty triggered our long trade with a gap up and did 100 points. 

As mentioned " Now in this week Nifty needs to break and sustain / close above 10605 to test 10685 - 10705 initially and above it we can see a test of 10775 - 10855 . Similarly Nifty needs to break and sustain / close below 10450 to test 10370 - 10350 initially and below it we can see a test of 10280 - 10200 ." , and Nifty had confirmed our weekly long trade on Monday and today we saw a high of 10883.05 completing all our weekly long targets giving 300 points .

Also as mentioned "For the month of November , further longs will get confirmed with a consecutive close above 10660 for a initial target of 10945 - 11020 and sustaining / closing above it we can see a further test of 11265 - 11535 . Similarly , shorts will get confirmed with a consecutive close below  10115 for a initial target of 9830 - 9755 and sustaining / closing below it we can see a further move till 9510 - 9235 . ", and Nifty again gave a close above 10660 this week and today made a high of 10883.05 just breaking above its resistance zone of 10775 - 10875 . Now Nifty needs to hold above 10775 on closing basis incase of a mild correction to move further towards 10945 - 11020 . 

Now in the coming session Nifty needs to break and sustain above 10890 to test 10925 - 10930 initially and sustaining above it we can see a further upmove till 10955 - 10990. Similarly breaking and sustaining below 10830 we can see a test of 10795 - 10785 initially and breaking and sustaining below it we can see a further correction till 10760 - 10730 .


Nifty Spot Levels for the day are

Long above 10890 for 10910 - 10930 - 10990 , SL 10865

Short below 10830 for 10810 - 10785 - 10730 , SL 10850

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.

Wednesday, 28 November 2018

Bank Nifty Spot Outlook for 29th Nov

BANK NIFTY


In the previous session Bank Nifty spot opened at 26489.65 , made a high of 26584.95,  made a low of 26419.65,  before closing at 26457.95

Had mentioned that long trade for the day will get triggered on sustaining above 26515 and short trade for the day will get triggered on sustaining below 26370 . Bank Nifty triggered our long trade and did just 1 target . 

As mentioned " Now in this week Bank Nifty needs to break and sustain / close above 26190 to test 26390 - 26440 initially and above it we can see a test of 26610 - 26800 . Similarly Bank Nifty needs to break and sustain / close below 25810 to test 25610 - 25560 initially and below it we can see a test of 25390 - 25200.", and today Bank Nifty confirmed our weekly long trade and completed our initial target of 26390 - 26440 with a high of 26491.25 . Now it needs to sustain above 26440 in the coming session to make a move towards 26610 - 26800 .

As mentioned "For the month of November , further longs will get confirmed with a consecutive close above 25850 for a initial target of 26355 - 26515 and sustaining / closing above it we can see a further test of 27045 - 27630 . Similarly , shorts will get confirmed with a consecutive close below  24570 for a initial target of 23950 - 23795 and sustaining / closing below it we can see a further move till 23265 - 22680 ." , and Bank Nifty today made a high of 26584.95 still holding above 25850 above our initial expected levels of 26355 - 26515 . 

Now in the coming session Bank Nifty needs to break and sustain above 26530 to test 26605 - 26620 initially and sustaining above it we can see a further upmove till 26685 - 26755. Similarly breaking and sustaining below 26385 we can see a test of 26315 - 26295 initially and sustaining below it we can see a further correction till 26230 - 26160. 


Bank Nifty Spot Levels for the day are

Long above 26530 for 26570 - 26620 - 26755 , SL 26480

Short below 26385 for 26345 - 26295 - 26160 , SL 26435

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.

Nifty Spot Outlook for 29th Nov

NIFTY


In the previous session Nifty spot opened at 10708.75, made a low of 10699.85 ,  made a high of 10757.80,  before closing at 10728.85

Had mentioned that long trade will get triggered for the day on sustaining above 10715 and short trade will get triggered for the day on sustaining below 10655. Nifty initially triggered our long trade completed 2 targets giving 40 points. 

As mentioned " Now in this week Nifty needs to break and sustain / close above 10605 to test 10685 - 10705 initially and above it we can see a test of 10775 - 10855 . Similarly Nifty needs to break and sustain / close below 10450 to test 10370 - 10350 initially and below it we can see a test of 10280 - 10200 ." , and Nifty had confirmed our weekly long trade on Monday and today we saw a high of 10757.80 . Those who are holding longs should keep a trailing stoploss now of 10685 . 

Also as mentioned "For the month of November , further longs will get confirmed with a consecutive close above 10660 for a initial target of 10945 - 11020 and sustaining / closing above it we can see a further test of 11265 - 11535 . Similarly , shorts will get confirmed with a consecutive close below  10115 for a initial target of 9830 - 9755 and sustaining / closing below it we can see a further move till 9510 - 9235 . ", and Nifty had done 100 points above 10660 and then reversed last week . Now Nifty has again give a close above 10660 and can approach its resistance zone of 10775 - 10875 from where it had reversed earlier this month.

Now in the coming session Nifty needs to break and sustain above 10755 to test 10785 - 10795 initially and sustaining above it we can see a further upmove till 10815 - 10845. Similarly breaking and sustaining below 10700 we can see a test of 10675 - 10665 initially and breaking and sustaining below it we can see a further correction till 10640 - 10615 .


Nifty Spot Levels for the day are

Long above 10755 for 10775 - 10795 - 10845 , SL 10735

Short below 10700 for 10685 - 10665 - 10615 , SL 10720

Expiry Expected Range is as follows 

Upper End - 10830 

Lower End - 10630

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.

Tuesday, 27 November 2018

Bank Nifty Spot Outlook for 28th Nov

BANK NIFTY


In the previous session Bank Nifty spot opened at 26286.10 , made a low of 26268.25,  made a high of 26491.25,  before closing at 26433.10

Had mentioned that long trade for the day will get triggered on sustaining above 26440 and short trade for the day will get triggered on sustaining below 26290 . Bank Nifty initially triggered our short trade and took our stoploss . It then triggered our long trade and did just 1 target .

As mentioned " Now in this week Bank Nifty needs to break and sustain / close above 26190 to test 26390 - 26440 initially and above it we can see a test of 26610 - 26800 . Similarly Bank Nifty needs to break and sustain / close below 25810 to test 25610 - 25560 initially and below it we can see a test of 25390 - 25200.", and today Bank Nifty confirmed our weekly long trade and completed our initial target of 26390 - 26440 with a high of 26491.25 . Now it needs to break and sustain above 26440 in the coming sessions to make a move towards 26610 - 26800 .

As mentioned "For the month of November , further longs will get confirmed with a consecutive close above 25850 for a initial target of 26355 - 26515 and sustaining / closing above it we can see a further test of 27045 - 27630 . Similarly , shorts will get confirmed with a consecutive close below  24570 for a initial target of 23950 - 23795 and sustaining / closing below it we can see a further move till 23265 - 22680 ." , and Bank Nifty today made a high of 26491.25 still holding above 25850 near our initial expected levels of 26355 - 26515 . 

Now in the coming session Bank Nifty needs to break and sustain above 26515 to test 26590 - 26610 initially and sustaining above it we can see a further upmove till 26675 - 26745. Similarly breaking and sustaining below 26370 we can see a test of 26295 - 26275 initially and sustaining below it we can see a further correction till 26215 - 26145 .


Bank Nifty Spot Levels for the day are

Long above 26515 for 26555 - 26610 - 26745 , SL 26465

Short below 26370 for 26330 - 26275 - 26145 , SL 26420

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.

Nifty Spot Outlook for 28th Nov

NIFTY


In the previous session Nifty spot opened at 10621.45, made a low of 10596.35 ,  made a high of 10695.15,  before closing at 10685.60

Had mentioned that long trade will get triggered for the day on sustaining above 10660 and short trade will get triggered for the day on sustaining below 10600. Nifty initially triggered our short trade but could not sustain and took our stoploss . It then triggered our long trade and completed 2 targets. 

As mentioned " Now in this week Nifty needs to break and sustain / close above 10605 to test 10685 - 10705 initially and above it we can see a test of 10775 - 10855 . Similarly Nifty needs to break and sustain / close below 10450 to test 10370 - 10350 initially and below it we can see a test of 10280 - 10200 ." , and Nifty had confirmed our weekly long trade on Monday and today we saw a test of our initial targets of  10685 - 10705 with a high of 10695.15 .

Also as mentioned "For the month of November , further longs will get confirmed with a consecutive close above 10660 for a initial target of 10945 - 11020 and sustaining / closing above it we can see a further test of 11265 - 11535 . Similarly , shorts will get confirmed with a consecutive close below  10115 for a initial target of 9830 - 9755 and sustaining / closing below it we can see a further move till 9510 - 9235 . ", and Nifty had done 100 points above 10660 and then reversed last week . Now Nifty has again give a close above 10660 and can approach its resistance zone of 10775 - 10875 from where it had reversed earlier this month.

Now in the coming session Nifty needs to break and sustain above 10715 to test 10740 - 10750 initially and sustaining above it we can see a further upmove till 10775 - 10800. Similarly breaking and sustaining below 10655 we can see a test of 10630 - 10620 initially and breaking and sustaining below it we can see a further correction till 10595 - 10570 .


Nifty Spot Levels for the day are

Long above 10715 for 10730 - 10750 - 10800 , SL 10690

Short below 10655 for 10640 - 10620 - 10570 , SL 10680

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.

Bank Nifty Spot Outlook for 27th Nov

BANK NIFTY


In the previous session Bank Nifty spot opened at 26096 , made a low of 26025.05,  made a high of 26396.60,  before closing at 26365.60

Had mentioned that long trade for the day will get triggered on sustaining above 26070 and short trade for the day will get triggered on sustaining below 25925 . Bank Nifty triggered our long trade and did 300 points.

As mentioned " Now in this week Bank Nifty needs to break and sustain / close above 26190 to test 26390 - 26440 initially and above it we can see a test of 26610 - 26800 . Similarly Bank Nifty needs to break and sustain / close below 25810 to test 25610 - 25560 initially and below it we can see a test of 25390 - 25200.", and today Bank Nifty confirmed our weekly long trade and also tested our initial target of 26390 - 26440 with a high of 26396.60 . Now it needs to break and sustain above 26440 in the coming sessions to make a move towards 26610 - 26800 .

As mentioned "For the month of November , further longs will get confirmed with a consecutive close above 25850 for a initial target of 26355 - 26515 and sustaining / closing above it we can see a further test of 27045 - 27630 . Similarly , shorts will get confirmed with a consecutive close below  24570 for a initial target of 23950 - 23795 and sustaining / closing below it we can see a further move till 23265 - 22680 ." , and Bank Nifty today made a high of 26396.60 still holding above 25850 near our initial expected levels of 26355 - 26515 . 

Now in the coming session Bank Nifty needs to break and sustain above 26440 to test 26515 - 26535 initially and sustaining above it we can see a further upmove till 26605 - 26675. Similarly breaking and sustaining below 26290 we can see a test of 26215 - 26195 initially and sustaining below it we can see a further correction till 26130 - 26055 .


Bank Nifty Spot Levels for the day are

Long above 26440 for 26485 - 26535 - 26675 , SL 26385

Short below 26290 for 26245 - 26195 - 26055 , SL 26345

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.

Nifty Spot Outlook for 27th Nov

NIFTY


In the previous session Nifty spot opened at 10568.30, made a low of 10489.75 ,  made a high of 10637.80,  before closing at 10628.60

Had mentioned that long trade will get triggered for the day on sustaining above 10555 and short trade will get triggered for the day on sustaining below 10495. Nifty initially triggered our short trade but could not sustain and took our stoploss of 25 points . It then triggered our long trade and did 80 points. 

As mentioned " Now in this week Nifty needs to break and sustain / close above 10605 to test 10685 - 10705 initially and above it we can see a test of 10775 - 10855 . Similarly Nifty needs to break and sustain / close below 10450 to test 10370 - 10350 initially and below it we can see a test of 10280 - 10200 ." , and today Nifty confirmed our weekly long trade and we can see a test of 10685 - 10705 initially in the coming sessions.

Also as mentioned "For the month of November , further longs will get confirmed with a consecutive close above 10660 for a initial target of 10945 - 11020 and sustaining / closing above it we can see a further test of 11265 - 11535 . Similarly , shorts will get confirmed with a consecutive close below  10115 for a initial target of 9830 - 9755 and sustaining / closing below it we can see a further move till 9510 - 9235 . ", and Nifty had done 100 points above 10660 and then reversed last week .

Now in the coming session Nifty needs to break and sustain above 10660 to test 10685 - 10695 initially and sustaining above it we can see a further upmove till 10720 - 10750. Similarly breaking and sustaining below 10600 we can see a test of 10570 - 10560 initially and breaking and sustaining below it we can see a further correction till 10535 - 10505 .


Nifty Spot Levels for the day are

Long above 10660 for 10675 - 10695 - 10750 , SL 10635

Short below 10600 for 10585 - 10560 - 10505 , SL 10620

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, 26 November 2018

Bank Nifty Spot Outlook for 26th Nov

BANK NIFTY


In the previous session Bank Nifty spot opened at 26233.65 , made a high of 26323.95,  made a low of 25947.85,  before closing at 25999.45

Had mentioned that long trade for the day will get triggered on sustaining above 26325 and short trade for the day will get triggered on sustaining below 26200 . Bank Nifty triggered our short trade and completed all targets and did 250 points.

Now in this week Bank Nifty needs to break and sustain / close above 26190 to test 26390 - 26440 initially and above it we can see a test of 26610 - 26800 . Similarly Bank Nifty needs to break and sustain / close below 25810 to test 25610 - 25560 initially and below it we can see a test of 25390 - 25200.

As mentioned "For the month of November , further longs will get confirmed with a consecutive close above 25850 for a initial target of 26355 - 26515 and sustaining / closing above it we can see a further test of 27045 - 27630 . Similarly , shorts will get confirmed with a consecutive close below  24570 for a initial target of 23950 - 23795 and sustaining / closing below it we can see a further move till 23265 - 22680 ." , and Bank Nifty gave a consecutive close above 25850 and made a high of 26379.10 near our initial expected levels of 26355 - 26515 . Also as mentioned last week " Now closing below 26090 we can see a move till 25995 - 25925 ." , and Bank Nifty made a low of 25947.85 . Now Bank Nifty needs to hold 25850 - 25800 zone to bounce back else breaking below it we can see a move till 25695 - 25610

Now in the coming session Bank Nifty needs to break and sustain above 26070 to test 26145 - 26165 initially and sustaining above it we can see a further upmove till 26230 - 26300. Similarly breaking and sustaining below 25925 we can see a test of 25855 - 25835 initially and sustaining below it we can see a further correction till 25770 - 25700 .


Bank Nifty Spot Levels for the day are

Long above 26070 for 26115 - 26165 - 26300 , SL 26020

Short below 25925 for 25885 - 25835 - 25700 , SL 25980

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.

Nifty Spot Outlook for 26th Nov

NIFTY


In the previous session Nifty spot opened at 10612.65, made a high of 10646.25 ,  made a low of 10512,  before closing at 10526.75

Had mentioned that long trade will get triggered for the day on sustaining above 10630 and short trade will get triggered for the day on sustaining below 10570. Nifty initially triggered our long trade and did 1 target then took our TSL. Nifty then triggered our short trade and did nearly 50 points. 

Now in this week Nifty needs to break and sustain / close above 10605 to test 10685 - 10705 initially and above it we can see a test of 10775 - 10855 . Similarly Nifty needs to break and sustain / close below 10450 to test 10370 - 10350 initially and below it we can see a test of 10280 - 10200 .

Also as mentioned "For the month of November , further longs will get confirmed with a consecutive close above 10660 for a initial target of 10945 - 11020 and sustaining / closing above it we can see a further test of 11265 - 11535 . Similarly , shorts will get confirmed with a consecutive close below  10115 for a initial target of 9830 - 9755 and sustaining / closing below it we can see a further move till 9510 - 9235 . ", and Nifty did 100 points above 10660 and then reversed last week .

Now in the coming session Nifty needs to break and sustain above 10555 to test 10585 - 10595 initially and sustaining above it we can see a further upmove till 10620 - 10650. Similarly breaking and sustaining below 10495 we can see a test of 10465 - 10460 initially and breaking and sustaining below it we can see a further correction till 10435 - 10405 .


Nifty Spot Levels for the day are

Long above 10555 for 10575 - 10595 - 10650 , SL 10535

Short below 10495 for 10480 - 10460 - 10405 , SL 10520

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.

Friday, 23 November 2018

Weekly Spot Outlook of Bank Nifty for 26th to 30th Nov

BANK NIFTY

This week Bank Nifty spot went up by 134 points , then went down by 298 points before finally ending the week with a loss of 246 points compared to last weekly closing.

As per levels given for the previous week Bank Nifty Spot needed to sustain and close above 26405 to trigger uptrend and Bank Nifty spot needed to sustain and close below 26090 to trigger downtrend for the week. Bank Nifty made a high of 26379.10 and made a low of 25947.85 for the week. 


As mentioned in the previous week "Now in the coming week Bank Nifty needs to break and sustain / close above 26405 for a test of 26565 - 26610 initially and closing above it we can see a further move till 26750 - 26905. Similarly on sustaining / closing below 26090 we can see a test of 25925 - 25885 initially and closing below it we can see a test of 25740 - 25585 . Those who are looking to enter fresh long positions should wait for Bank Nifty to sustain / close above 26405 and enter with a stoploss of 26295 for a initial target of 26565 - 26610 and look to hold further only on getting a close above the initial target zone . Those who are looking to enter fresh shorts should wait for Bank Nifty to sustain / close below 26090 and enter with a stoploss of 26200 for a initial target of 25925 - 25885 and look to hold further only on getting a close below the initial target zone . " and Bank Nifty confirmed our short trade and did 200 points .


Now in the coming week Bank Nifty needs to break and sustain / close above 26190 for a test of 26390 - 26440 initially and closing above it we can see a further move till 26610 - 26800. Similarly on sustaining / closing below 25810 we can see a test of 25610 - 25560 initially and closing below it we can see a test of 25390 - 25200 . Those who are looking to enter fresh long positions should wait for Bank Nifty to sustain / close above 26190 and enter with a stoploss of 26055 for a target of 26390 - 26440 and look to hold further only getting a close above the initial target zone . Those who are looking to enter fresh shorts should wait for Bank Nifty to sustain / close below 25810 and enter with a stoploss of 25945 for a target of 25610 - 25560 and look to hold further only on getting a close below the initial target zone . 


As mentioned earlier " For the month of November in Bank Nifty further longs will be confirmed with a consecutive close above 25850 for a initial target of 26355 - 26515 and sustaining / closing above it we can see a further move till 27045 - 27630. Similarly Bank Nifty shorts will be confirmed with a consecutive close below 24570 for a initial target of 23950 - 23795 and sustaining / closing below it we can see a further move till 23265 - 22680.  For the month of October Bank Nifty did not confirm a positional trade. " , and Bank Nifty made a high 26379.10 within our initial target zone and reversed.


Bank Nifty Spot Levels for the week are

Long above 26120 , Tgt 26190 - 26250 - 26305

IF Bank Nifty spot manages to get a close / sustain above 26390 then 

long again for 26440 - 26610 - 26800

Short below 25880 , Tgt 25810 - 25750 - 25695

IF Bank Nifty spot manages to get a close / sustain below 25610 then 

short again for 25560 - 25390 - 25200


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 .

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.


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.