Bank Nifty Outlook for 29th Apr

 In the previous session :  

Bank Nifty went down by 77 points then went up by 472 points before closing higher by 393 points on Thursday.

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 28th Apr :

Bank Nifty triggered our long trade and completed 2 targets and more doing 300 points. 

For 29th Apr :

Sustaining above 36630 enter for 36700 - 36820 - 37140 , SL 36475

Sustaining below 36250 enter for 36150 - 36020 - 35700 , SL 36370

Now for this week :

On the upside :

Bank Nifty has to sustain and close above 36300 - 36450 where it has its initial resistance for a  move towards next targets of 36860 - 36970 . 

Sustaining or closing above 36970 Bank Nifty can move towards further targets of 37320 - 37720

On the downside :

Bank Nifty has to sustain and close below 35800 - 35650 where it has its initial support for a move towards next targets of 35230 - 35120 . 

Sustaining or closing below 35120 Bank Nifty can move towards further targets of 34770 - 34370

So far this week Bank Nifty made a low of 35511.40 breaking below our initial weekly support zone and bounced back till 36604.55 on Tuesday above the initial weekly resistance and closed today at 36422.20 . Now in the coming session Bank Nifty has immediate resistance at 36600 - 36650 which it needs to break and sustain above for a move towards 36860 - 36970. On the downside Bank Nifty has immediate support is at 35800 - 35650 which it needs to hold on corrections .

Overall Bank Nifty has immediate good resistance at 37350 - 37650 zone which it needs to close above for the next move towards 38400 - 38700 .

Overall Bank Nifty has immediate good support at 35400 - 35100 zone which it needs to hold on correction else closing below it we may see a further correction towards 34350 - 34050 

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 29th Apr

 In the previous session :

Nifty went by 284 points before closing higher by 206 points on Thursday

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 28th Apr :-

Nifty triggered our long trade with a gap up and then dipped to give us entry and completed 2 targets and more doing 200 points 

For 29th Apr :-

Sustaining above 17330 enter for 17385 - 17445 - 17610 , SL 17270

Sustaining below 17160 enter for 17105 - 17040 - 16880 , SL 17220

Now for this week :

On the upside :

Nifty has to sustain and close above 17290 - 17360 where it has its initial resistance to move towards next targets of 17560 - 17610 . 

Closing above 17610 Nifty may move towards further targets of 17780 - 17970.

On the downside :

Nifty has to sustain and close below 17050 - 16980 where it has its initial support to move towards next targets of 16780 - 16730 . 

Closing below 16730 Nifty may move towards further targets of 16570 - 16380.

So far this week Nifty made a low of 16888.70 breaking below our initial weekly support zone and bounced back till 17322.50 today before closing at 17245.05 . Now in the coming session Nifty has to immediate resistance at 17290 - 17360 and it needs to close above it for a further move . On the downside Nifty has immediate support at 17050 - 16980 which it needs to hold .

Overall Nifty has immediate good resistance at 17800 - 17900 zone which it needs to close above for the next move towards 18150 - 18250 zone

Overall Nifty has immediate good support at 17200 - 17000 zone which it needs to hold on corrections else closing below we may see a further move towards 16800 - 16700 .

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 Apr

 In the previous session :  

Bank Nifty went down by 657 points before closing lower by 375 points on Wednesday.

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 27th Apr :

Bank Nifty triggered our short trade with a gap down near our 2nd short target and corrected further by 300 points . 

For 28th Apr :

Sustaining above 36200 enter for 36280 - 36390 - 36680 , SL 36070

Sustaining below 35870 enter for 35780 - 35660 - 35370 , SL 35980

Now for this week :

On the upside :

Bank Nifty has to sustain and close above 36300 - 36450 where it has its initial resistance for a  move towards next targets of 36860 - 36970 . 

Sustaining or closing above 36970 Bank Nifty can move towards further targets of 37320 - 37720

On the downside :

Bank Nifty has to sustain and close below 35800 - 35650 where it has its initial support for a move towards next targets of 35230 - 35120 . 

Sustaining or closing below 35120 Bank Nifty can move towards further targets of 34770 - 34370

So far this week Bank Nifty made a low of 35511.40 breaking below our initial weekly support zone and bounced back till 36604.55 in the previous session breaking above the initial weekly resistance and closed today at 36028.85 . Now in the coming session Bank Nifty has immediate resistance at 36300 - 36450 which it needs to break and sustain above for a move till 36600 - 36650  . On the downside Bank Nifty has immediate support is at 35800 - 35650 which it needs to hold on corrections .

Overall Bank Nifty has immediate good resistance at 37350 - 37650 zone which it needs to close above for the next move towards 38400 - 38700 .

Overall Bank Nifty has immediate good support at 35400 - 35100 zone which it needs to hold on correction else closing below it we may see a further correction towards 34350 - 34050 

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 28th Apr

  In the previous session :

Nifty went down by 242 points before closing lower by 162 points on Wednesday.

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 27th Apr :-

Nifty triggered our short trade with a gap down near our 1st short target and went down further by 100+ points . 

For 28th Apr :-

Sustaining above 17120 enter for 17165 - 17230 - 17370 , SL 17060

Sustaining below 16960 enter for 16910 - 16850 - 16710 , SL 17010

Now for this week :

On the upside :

Nifty has to sustain and close above 17290 - 17360 where it has its initial resistance to move towards next targets of 17560 - 17610 . 

Closing above 17610 Nifty may move towards further targets of 17780 - 17970.

On the downside :

Nifty has to sustain and close below 17050 - 16980 where it has its initial support to move towards next targets of 16780 - 16730 . 

Closing below 16730 Nifty may move towards further targets of 16570 - 16380.

So far this week Nifty made a low of 16888.70 breaking below our initial weekly support zone and bounced back till 17223.85 in the previous session before closing today at 17038.40 . Now in the coming session Nifty has to sustain above 17120 to move towards 17230 - 17300 where it has strong resistance  On the downside Nifty has immediate support at 16950 - 16850 which it needs to hold else sustaining below it Nifty can move towards 16780 - 16730 .

Overall Nifty has immediate good resistance at 17800 - 17900 zone which it needs to close above for the next move towards 18150 - 18250 zone

Overall Nifty has immediate good support at 17200 - 17000 zone which it needs to hold on corrections else closing below we may see a further move towards 16800 - 16700 .

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.