Thursday, 29 August 2019

Bank Nifty Spot Outlook for 30th Aug

BANK NIFTY


In the previous session Bank Nifty spot opened at 27694.95 , made a high of 27719.05, it made a low of 27239.95  before closing at 27305.20

Had mentioned that long trade will get triggered for the day on sustaining above 27975 and short trade will get triggered for the day on sustaining below 27635. Bank Nifty  triggered our short trade and completed 2 targets . 


For the coming week :

Those who are looking to enter fresh longs should wait for Bank Nifty to sustain / close above 27310 and then enter for a initial target of 27680 - 27775 and look to hold further only on sustaining or getting a close above 27775 for the next targets of 28095 - 28445. 

&

Those who are looking to enter fresh short should wait for Bank Nifty to sustain / close below 26605 and then enter for a initial target of 26235 - 26145 and look to hold further only on sustaining or getting a close below 26145 for the next targets of 25825 - 25470.

Bank Nifty had triggered our weekly long and nearly completed our targets and reversed.


Had mentioned at the start of the month "For the month of August , longs will be confirmed in Bank Nifty with a consecutive close above 29490 for a initial target of 30135 - 30300 and sustaining / closing above 30300 we can see a further move till 30860 - 31470 . Similarly Bank Nifty shorts will be confirmed with a consecutive close below 28260 for a initial target of 27615 - 27450 and sustaining / closing below 27450 we can see a further move till 26895 - 26280." , and Bank nifty had confirmed our monthly short trade and made a low of 26560.60 reaching our last target zone . 




Bank Nifty will remain weak as long as its trading below its immediate resistance at 27680 - 27775 zone .





Now in the coming session Bank Nifty needs to break and sustain above 27480 to test 27660 - 27710 initially and sustaining above it we can see a further upmove till 27865 - 28035. Similarly breaking and sustaining below 27130 we can see a test of 26950 - 26905 initially and sustaining below it we can see a further correction till 26745 - 26575



Bank Nifty Spot Levels for the day are

Long above 27480 for 27585 - 27710 - 28035 , SL 27360

Short below 27130 for 27025 - 26905 - 26575 , SL 27250


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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 10996.05, made a low of 10922.20, then made a high of 11021.10,  before closing at 10948.30


Had mentioned that long trade will get triggered for the day on sustaining above 11090 and short trade will get triggered for the day on sustaining below 11005. Nifty triggered our short trade and completed 2 targets .  


For the coming week :

Those who are looking to enter fresh longs should wait for Nifty to sustain / close above 10935 and then enter for a initial target of 11045 - 11070 and look to hold further only on sustaining or getting a close above 11070 for the next targets of 11165 - 11270. 

&

Those who are looking to enter fresh short should wait for Nifty to sustain / close below 10725 and then enter for a initial target of 10615 - 10590 and look to hold further only on sustaining or getting a close below 10590 for the next targets of 10495 - 10390. 

Nifty had triggered our long trade for the week and completed our initial targets . Now it has to sustain / close above 11070 to expect Nifty to move towards our next targets.




Had mentioned at the start of the month that "For the month of August , longs will get confirmed in Nifty with a consecutive close above 11250 for a initial target of 11390 - 11425 and sustaining / closing above it we can see a further move till 11545 - 11675 .  Similarly shorts will get confirmed with a consecutive close below 10985 for  a initial target of 10845 - 10810 and sustaining / closing below it we can see a further move till 10690 - 10560 " , and Nifty confirmed our monthly short trade and made a low of 10637.15 reaching our last target zone .


Now on the upside Nifty has immediate resistance near 11200 - 11250 in the coming sessions and on getting a consecutive close above 11250 we can see a further upmove 11390 - 11425  . 


Now in the coming session Nifty needs to break and sustain above 10995 to test 11040 - 11050 initially and sustaining above it we can see a further upmove till 11090 - 11135. Similarly breaking and sustaining below 10905 we can see a test of 10855 - 10845 initially and breaking and sustaining below it we can see a further correction till 10810 - 10765.


Nifty Spot Levels for the day are

Long above 10995 for 11020 - 11050 - 11135 , SL 11960

Short below 10905 for 10875 - 10845 - 10765 , SL 10935


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.

Wednesday, 28 August 2019

Bank Nifty Spot Outlook for 29th Aug

BANK NIFTY


In the previous session Bank Nifty spot opened at 28080.25 , made a high of 28095.55, it made a low of 27634.65  before closing at 27804.30

Had mentioned that long trade will get triggered for the day on sustaining above 28295 and short trade will get triggered for the day on sustaining below 27955. Bank Nifty  triggered our short trade and completed 2 targets . 


For the coming week :

Those who are looking to enter fresh longs should wait for Bank Nifty to sustain / close above 27310 and then enter for a initial target of 27680 - 27775 and look to hold further only on sustaining or getting a close above 27775 for the next targets of 28095 - 28445. 

&

Those who are looking to enter fresh short should wait for Bank Nifty to sustain / close below 26605 and then enter for a initial target of 26235 - 26145 and look to hold further only on sustaining or getting a close below 26145 for the next targets of 25825 - 25470.

Bank Nifty had triggered our weekly long and nearly completed our targets . Now only on sustaining above 28095 we can see a move towards our last target.




Had mentioned at the start of the month "For the month of August , longs will be confirmed in Bank Nifty with a consecutive close above 29490 for a initial target of 30135 - 30300 and sustaining / closing above 30300 we can see a further move till 30860 - 31470 . Similarly Bank Nifty shorts will be confirmed with a consecutive close below 28260 for a initial target of 27615 - 27450 and sustaining / closing below 27450 we can see a further move till 26895 - 26280." , and Bank nifty had confirmed our monthly short trade and made a low of 26560.60 reaching our last target zone . 




Bank Nifty has managed to close above its immediate resistance at 27680 - 27775 zone in the last 3 sessions and now sustaining above 28100 we can see a further move towards 28450 - 28500  . 






Now in the coming session Bank Nifty needs to break and sustain above 27975 to test 28155 - 28200 initially and sustaining above it we can see a further upmove till 28355 - 28525. Similarly breaking and sustaining below 27635 we can see a test of 27455 - 27410 initially and sustaining below it we can see a further correction till 27255 - 27085



Bank Nifty Spot Levels for the day are

Long above 27975 for 28080 - 28200 - 28525 , SL 27855

Short below 27635 for 27530 - 27410 - 27085 , SL 27755


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 Aug

NIFTY


In the previous session Nifty spot opened at 11101.30, made a high of 11129.65, then made a low of 10987.65,  before closing at 11046.10


Had mentioned that long trade will get triggered for the day on sustaining above 11150 and short trade will get triggered for the day on sustaining below 11060. Nifty triggered our short trade and completed 2 targets .  


For the coming week :

Those who are looking to enter fresh longs should wait for Nifty to sustain / close above 10935 and then enter for a initial target of 11045 - 11070 and look to hold further only on sustaining or getting a close above 11070 for the next targets of 11165 - 11270. 

&

Those who are looking to enter fresh short should wait for Nifty to sustain / close below 10725 and then enter for a initial target of 10615 - 10590 and look to hold further only on sustaining or getting a close below 10590 for the next targets of 10495 - 10390. 

Nifty had triggered our long trade for the week and completed our initial targets . Now sustaining above 11070 we can expect Nifty to move towards our next targets.




Had mentioned at the start of the month that "For the month of August , longs will get confirmed in Nifty with a consecutive close above 11250 for a initial target of 11390 - 11425 and sustaining / closing above it we can see a further move till 11545 - 11675 .  Similarly shorts will get confirmed with a consecutive close below 10985 for  a initial target of 10845 - 10810 and sustaining / closing below it we can see a further move till 10690 - 10560 " , and Nifty confirmed our monthly short trade and made a low of 10637.15 reaching our last target zone .


Now on the upside Nifty has immediate resistance near 11200 - 11250 in the coming sessions and on getting a consecutive close above 11250 we can see a further upmove 11390 - 11425  . 


Now in the coming session Nifty needs to break and sustain above 11090 to test 11135 - 11145 initially and sustaining above it we can see a further upmove till 11185 - 11225. Similarly breaking and sustaining below 11005 we can see a test of 10960 - 10950 initially and breaking and sustaining below it we can see a further correction till 10910 - 10865.


Nifty Spot Levels for the day are

Long above 11090 for 11115 - 11145 - 11225 , SL 11060

Short below 11005 for 10975 - 10950 - 10865 , SL 11035


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 August 2019

Bank Nifty Spot Outlook for 28th Aug

BANK NIFTY


In the previous session Bank Nifty spot opened at 28106.30 , made a low of 27960.80, it made a high of 28277.70  before closing at 28126.15

Had mentioned that long trade will get triggered for the day on sustaining above 28140 and short trade will get triggered for the day on sustaining below 27760. Bank Nifty  triggered our long trade and completed just 1 target . 


For the coming week :

Those who are looking to enter fresh longs should wait for Bank Nifty to sustain / close above 27310 and then enter for a initial target of 27680 - 27775 and look to hold further only on sustaining or getting a close above 27775 for the next targets of 28095 - 28445. 

&

Those who are looking to enter fresh short should wait for Bank Nifty to sustain / close below 26605 and then enter for a initial target of 26235 - 26145 and look to hold further only on sustaining or getting a close below 26145 for the next targets of 25825 - 25470.

Bank Nifty had triggered our weekly long and nearly completed our targets . Now sustaining above 28095 we can see a move towards our last target.




Had mentioned at the start of the month "For the month of August , longs will be confirmed in Bank Nifty with a consecutive close above 29490 for a initial target of 30135 - 30300 and sustaining / closing above 30300 we can see a further move till 30860 - 31470 . Similarly Bank Nifty shorts will be confirmed with a consecutive close below 28260 for a initial target of 27615 - 27450 and sustaining / closing below 27450 we can see a further move till 26895 - 26280." , and Bank nifty had confirmed our monthly short trade and made a low of 26560.60 reaching our last target zone . 




Bank Nifty has closed well above its immediate resistance at 27680 - 27775 zone in the last 2 sessions and sustaining above 28100 we can see a further move towards 28450 - 28500  . 






Now in the coming session Bank Nifty needs to break and sustain above 28295 to test 28475 - 28520 initially and sustaining above it we can see a further upmove till 28675 - 28850. Similarly breaking and sustaining below 27955 we can see a test of 27775 - 27730 initially and sustaining below it we can see a further correction till 27575 - 27405



Bank Nifty Spot Levels for the day are

Long above 28295 for 28400 - 28520 - 28850 , SL 28180

Short below 27955 for 27850 - 27730 - 27405 , SL 28075


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 Aug

NIFTY


In the previous session Nifty spot opened at 11106.55, made a low of 11049.50, then made a high of 11141.75,  before closing at 11105.35


Had mentioned that long trade will get triggered for the day on sustaining above 11110 and short trade will get triggered for the day on sustaining below 11005. Nifty triggered our long trade and completed just 1 target .  


For the coming week :

Those who are looking to enter fresh longs should wait for Nifty to sustain / close above 10935 and then enter for a initial target of 11045 - 11070 and look to hold further only on sustaining or getting a close above 11070 for the next targets of 11165 - 11270. 

&

Those who are looking to enter fresh short should wait for Nifty to sustain / close below 10725 and then enter for a initial target of 10615 - 10590 and look to hold further only on sustaining or getting a close below 10590 for the next targets of 10495 - 10390. 

Nifty triggered our long trade for the week and completed our initial targets . Now sustaining above 11070 we can expect Nifty to move towards our next targets.




Had mentioned at the start of the month that "For the month of August , longs will get confirmed in Nifty with a consecutive close above 11250 for a initial target of 11390 - 11425 and sustaining / closing above it we can see a further move till 11545 - 11675 .  Similarly shorts will get confirmed with a consecutive close below 10985 for  a initial target of 10845 - 10810 and sustaining / closing below it we can see a further move till 10690 - 10560 " , and Nifty confirmed our monthly short trade and made a low of 10637.15 reaching our last target zone .


Now on the upside Nifty has immediate resistance near 11200 - 11250 in the coming sessions and on getting a consecutive close above 11250 we can see a further upmove 11390 - 11425  . 


Now in the coming session Nifty needs to break and sustain above 11150 to test 11195 - 11205 initially and sustaining above it we can see a further upmove till 11245 - 11290. Similarly breaking and sustaining below 11060 we can see a test of 11015 - 11005 initially and breaking and sustaining below it we can see a further correction till 10965 - 10920.


Nifty Spot Levels for the day are

Long above 11150 for 11175 - 11205 - 11290 , SL 11120

Short below 11060 for 11035 - 11005 - 10920 , SL 11090


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 August 2019

Bank Nifty Spot Outlook for 27th Aug

BANK NIFTY


In the previous session Bank Nifty spot opened at 27663.95 , made a low of 26859.35, it made a high of 27995.25  before closing at 27951.35

Had mentioned that long trade will get triggered for the day on sustaining above 27090 and short trade will get triggered for the day on sustaining below 26825. Bank Nifty opened with a big gap up and then corrected sharply. Bank Nifty then triggered our long trade and completed all our daily targets giving 900 points . 


For the coming week :

Those who are looking to enter fresh longs should wait for Bank Nifty to sustain / close above 27310 and then enter for a initial target of 27680 - 27775 and look to hold further only on sustaining or getting a close above 27775 for the next targets of 28095 - 28445. 

&

Those who are looking to enter fresh short should wait for Bank Nifty to sustain / close below 26605 and then enter for a initial target of 26235 - 26145 and look to hold further only on sustaining or getting a close below 26145 for the next targets of 25825 - 25470.

Bank Nifty triggered our weekly long and completed our initial targets . Now in the coming session sustaining above 27775 we can see a move towards our next targets.




Had mentioned at the start of the month "For the month of August , longs will be confirmed in Bank Nifty with a consecutive close above 29490 for a initial target of 30135 - 30300 and sustaining / closing above 30300 we can see a further move till 30860 - 31470 . Similarly Bank Nifty shorts will be confirmed with a consecutive close below 28260 for a initial target of 27615 - 27450 and sustaining / closing below 27450 we can see a further move till 26895 - 26280."


Bank Nifty had confirmed our monthly short trade and has now made a low of 26560.60 coming close to our last target in the zone 26895 - 26280 . For a further correction now Bank Nifty has to give a close below 26605 and holding the same we can see a bounce towards 27650 - 27750. 


Bank Nifty has closed well above its immediate resistance at 27680 - 27775 zone and sustaining above 27775 we can see a further move towards 28100 - 28400  . 






Now in the coming session Bank Nifty needs to break and sustain above 28140 to test 28340 - 28395 initially and sustaining above it we can see a further upmove till 28565 - 28755. Similarly breaking and sustaining below 27760 we can see a test of 27560 - 27510 initially and sustaining below it we can see a further correction till 27340 - 27150.



Bank Nifty Spot Levels for the day are

Long above 28140 for 28260 - 28395 - 28755 , SL 28010

Short below 27760 for 27645 - 27510 - 27150 , SL 27895


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.