Bank Nifty Outlook for 30th Jul

 In the previous session : 

Bank Nifty went up by 245 points then went down by 38 points before closing higher by 158 points on Thursday.

Bank Nifty made a new life time high of 37708.75 in this upmove from the lows of 16116.25 made on 24th March

On 29th Jul:

Bank Nifty triggered our long trade and completed just 1 target doing 70 points and took our trailing stoploss  

For 30th Jul :

Sustaining above 34825 enter for 34905 - 35000 - 35240 , SL 34730

Sustaining below 34560 enter for 34480 - 34385 - 34140 , SL 34655

Now for this week :

Bank Nifty has immediate resistance near 35280 - 35440 and sustaining or closing above we can see a further move towards 35850 - 35970 zone

Bank Nifty has immediate support near 34790 - 34630 and sustaining or closing below that we can see a move towards 34210 - 34100 zone

So far this week Bank Nifty made a low of 34115.20 testing our next support zone and bounced back towards 34800 levels in the next sessions. This was the lowest level on Bank Nifty for this month. 

Now Bank Nifty has immediate resistance at 34630 - 34790 and it needs to break and sustain above it for a further move towards 35000 - 35200 . On the downside breaking and sustaining below 34100 we can see a move towards 33750 - 33350 next.

In the month of July Bank Nifty made a high of 35985.25 and made a low of  34115.20.

Now for the month of July Bank Nifty has to give a consecutive close above 35520 for a further move on the upside . On the downside Bank Nifty has to give a consecutive close below 34020 for a further correction.

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 37708.75 on 16th Feb 2021 in the bounce from the fall till 16116.25 on 24th March 2020 while Nifty has made a new lifetime high of 15606.35  on 31st May 2021 from the lows of 7511 made on 24th March 2020.

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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 Outlook for 30th Jul

 In the previous session :

Nifty went up by 107 points before closing higher by 69 points on Thursday.

Nifty made a new life time high of 15952.35 in this upmove from the lows of 7511.10 made on 24th March 2020

On 29th Jul :

Nifty triggered our long trade and completed 2 targets and more doing 60 points .

For 30th Jul :-

Sustaining above 15820 enter for 15840 - 15870 - 15940 , SL 15790

Sustaining below 15740 enter for 15715 - 15685 - 15615 , SL 15770

Now for this week :

Nifty has immediate resistance at 15925 - 15965 zone and sustaining or closing above we may see a further move towards 16075 - 16105 zone

Nifty has immediate support at 15790 - 15750 zone and sustaining or closing below that we may see a move towards 15635 - 15605 zone

So far this week Nifty made a high of 15893.35 and then reversed to make a low of 15513.45 breaking our next supports but managed to bounce back towards 15800 in the next sessions.  

Now has immediate resistance at 15750 - 15790 zone and it needs to sustain or close above it for a further move towards 15850 - 15900 levels .

In the month of July Nifty made a high of 15962.25 and made a low of  15513.45 .

For the month of July Nifty has to give a consecutive close above 15895 for a further move on the upside .  On the downside Nifty has to give a consecutive close below 15550 for a further correction.

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.

Bank Nifty Outlook for 29th Jul

 In the previous session : 

Bank Nifty went up by 44 points then went down by 682 points before closing lower by 264 points on Wednesday.

Bank Nifty made a new life time high of 37708.75 in this upmove from the lows of 16116.25 made on 24th March

On 28th Jul:

Bank Nifty triggered our short trade and completed all targets and more doing 550 points . 

For 29th Jul :

Sustaining above 34670 enter for 34750 - 34850 - 35100 , SL 34575

Sustaining below 34400 enter for 34320 - 34220 - 33970 , SL 34495

Now for this week :

Bank Nifty has immediate resistance near 35280 - 35440 and sustaining or closing above we can see a further move towards 35850 - 35970 zone

Bank Nifty has immediate support near 34790 - 34630 and sustaining or closing below that we can see a move towards 34210 - 34100 zone

So far this week Bank Nifty made a low of 34115.20 testing our next support zone and bounced back to close above 34500 levels . This was the lowest level on Bank Nifty for this month. Now Bank Nifty has immediate resistance at 34630 - 34790 and it needs to break and sustain above it for a further move towards 35000. On the downside breaking and sustaining below 34100 we can see a move towards 33750 - 33350 next.

In the month of June Bank Nifty made a high of 35810.90 and made a low of  33908.95.

Now for the month of July Bank Nifty has to give a consecutive close above 35520 for a further move on the upside . On the downside Bank Nifty has to give a consecutive close below 34020 for a further correction.

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 37708.75 on 16th Feb 2021 in the bounce from the fall till 16116.25 on 24th March 2020 while Nifty has made a new lifetime high of 15606.35  on 31st May 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 Jul

 In the previous session :

Nifty went up by 21 points then went down by 233 points before closing lower by 37 points on Wednesday.

Nifty made a new life time high of 15952.35 in this upmove from the lows of 7511.10 made on 24th March 2020

On 28th Jul :

Nifty triggered our short trade and completed all targets and more doing 190 points .

For 29th Jul :-

Sustaining above 15750 enter for 15770 - 15800 - 15870 , SL 15720

Sustaining below 15670 enter for 15650 - 15620 - 15545 , SL 15700

Now for this week :

Nifty has immediate resistance at 15925 - 15965 zone and sustaining or closing above we may see a further move towards 16075 - 16105 zone

Nifty has immediate support at 15790 - 15750 zone and sustaining or closing below that we may see a move towards 15635 - 15605 zone

So far this week Nifty made a high of 15893.35 and then reversed to make a low of 15513.45 breaking our next supports but managed to close back above 15700.  Todays low was the lowest level of this month . 

Now has immediate resistance at 15750 - 15790 zone and it needs to sustain or close above it for a further move towards 15850 - 15900 levels .

In the month of June Nifty made a high of 15915.65 and made a low of  15450.90 .

For the month of July Nifty has to give a consecutive close above 15895 for a further move on the upside .  On the downside Nifty has to give a consecutive close below 15550 for a further correction.

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.

Bank Nifty Outlook for 28th Jul

 In the previous session : 

Bank Nifty went up by 236 points then went down by 236 points before closing lower by 152 points on Tuesday.

Bank Nifty made a new life time high of 37708.75 in this upmove from the lows of 16116.25 made on 24th March

On 27th Jul:

Bank Nifty initially triggered our long trade and nearly completed 1 target and took our stoploss . Post that Bank Nifty reversed to trigger our short trade and again nearly completed 1 targets indicating indecisiveness . 

For 28th Jul :

Sustaining above 34930 enter for 35010 - 35110 - 35360 , SL 34840

Sustaining below 34665 enter for 34580 - 34485 - 34230 , SL 34755

Now for this week :

Bank Nifty has immediate resistance near 35280 - 35440 and sustaining or closing above we can see a further move towards 35850 - 35970 zone

Bank Nifty has immediate support near 34790 - 34630 and sustaining or closing below that we can see a move towards 34210 - 34100 zone

So far this week Bank Nifty made a low of 34669.55 testing our initial support zone and bounced back towards 35186  and again corrected back towards 34714 . Now as long as Bank Nifty holds 34790 - 34630 we may see it recover else breaking and sustaining below 34630 it may move towards 34210 - 34100 next . 

In the month of June Bank Nifty made a high of 35810.90 and made a low of  33908.95.

Now for the month of July Bank Nifty has to give a consecutive close above 35520 for a further move on the upside . On the downside Bank Nifty has to give a consecutive close below 34020 for a further correction.

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 37708.75 on 16th Feb 2021 in the bounce from the fall till 16116.25 on 24th March 2020 while Nifty has made a new lifetime high of 15606.35  on 31st May 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.