Bank Nifty Outlook for 01st Jul

 In the previous session :  

Bank Nifty went down by 90 points then went up by 389 points before closing higher by 155 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 30th Jun :

Bank Nifty triggered our long trade and completed 2 targets and more doing 200+ points. 

For 01st Jul :

Sustaining above 33550 enter for 33620 - 33710 - 33930 , SL 33460

Sustaining below 33300 enter for 33230 - 33140 - 32920 , SL 33390

Now for this week :

On the upside :

Bank Nifty has to sustain and close above 33870 - 34010 where it has its initial resistance for a  move towards next targets of 34410 - 34520 . 

Sustaining or closing above 34520 Bank Nifty can move towards further targets of 34870 - 35250

On the downside :

Bank Nifty has to sustain and close below 33390 - 33240 where it has its initial support for a move towards next targets of 32840 - 32730 . 

Sustaining or closing below 32730 Bank Nifty can move towards further targets of 32390 - 32000

So far this week Bank Nifty made a high of 34147.50 breaking above our initial weekly resistance zone of 33870 - 34010 and went down till 33179.60 today breaking below its immediate weekly support zone of 33390 - 33240 and recovered to close at 33425.10 above the initial weekly support zone. Now in the coming session Bank Nifty breaking and sustaining below 33300 can move towards its next weekly support zone of 32840 - 32730 . On the upside Bank Nifty has immediate resistance at 33550 and needs to break and sustain above it for a further move towards 33870 - 34010.

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.

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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 01st Jul

 In the previous session :

Nifty went down by 70 points then went up by 90 points before closing lower by 19 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 30th Jun :-

Nifty initially triggered our short trade and took our stoploss. Post that Nifty recovered to trigger our long trade and again took our stoploss indicating indecisiveness. 

For 01st Jul :-

Sustaining above 15835 enter for 15870 - 15905 - 16000 , SL 15795

Sustaining below 15725 enter for 15695 - 15655 - 15550 , SL 15765

Now for this week :

On the upside :

Nifty has to sustain and close above 15820 - 15890 where it has its initial resistance to move towards next targets of 16080 - 16130 . 

Closing above 16130 Nifty may move towards further targets of 16300 - 16480 .

On the downside :

Nifty has to sustain and close below 15580 - 15510 where it has its initial support to move towards next targets of 15320 - 15270 . 

Closing below 15270 Nifty may move towards further targets of 15100 - 14920 .

So far this week Nifty has made a high of 15927.45 breaking above initial weekly resistance zone of 15820 - 15890 and went down to make a low of 15687.80 and closed at 15780.25  below the initial resistance zone . Now in the coming session Nifty has immediate support at 15700 and breaking and sustaining below it Nifty can move towards its initial weekly support zone of 15580 - 15510 . On the upside Nifty has immediate resistance at 15870 and has to break and sustain above it to move towards its next weekly resistance zone of 15950 - 16000. 

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 30th Jun

 In the previous session :  

Bank Nifty went down by 457 points before closing lower by 372 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 29th Jun :

Bank Nifty triggered our short trade with a big gap down below our 2nd target and did not give a chance to enter a trade. 

For 30th Jun :

Sustaining above 33430 enter for 33465 - 33550 - 33775 , SL 33300

Sustaining below 33150 enter for 33080 - 32990 - 32770 , SL 33240

Now for this week :

On the upside :

Bank Nifty has to sustain and close above 33870 - 34010 where it has its initial resistance for a  move towards next targets of 34410 - 34520 . 

Sustaining or closing above 34520 Bank Nifty can move towards further targets of 34870 - 35250

On the downside :

Bank Nifty has to sustain and close below 33390 - 33240 where it has its initial support for a move towards next targets of 32840 - 32730 . 

Sustaining or closing below 32730 Bank Nifty can move towards further targets of 32390 - 32000

So far this week Bank Nifty made a high of 34147.50 breaking above our initial weekly resistance zone of 33870 - 34010 and went down till 33185.25 today breaking below its immediate weekly support zone of 33390 - 33240 and closed at 33269.90 within the initial weekly support zone. Now in the coming session Bank Nifty breaking and sustaining below 33150 can move towards its next weekly support zone of 32840 - 32730 . On the upside Bank Nifty has immediate resistance at 33550 and needs to break and sustain above it for a further move towards 33870 - 34010.

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 30th Jun

 In the previous session :

Nifty went down by 162 points then went up by 11 points before closing lower by 51 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 29th Jun :-

Nifty triggered our short trade with a big gap down near our 2nd target and did not give a chance to trade . 

For 30th Jun :-

Sustaining above 15870 enter for 15900 - 15930 - 16020 , SL 15815

Sustaining below 15740 enter for 15710 - 15670 - 15560 , SL 15785

Now for this week :

On the upside :

Nifty has to sustain and close above 15820 - 15890 where it has its initial resistance to move towards next targets of 16080 - 16130 . 

Closing above 16130 Nifty may move towards further targets of 16300 - 16480 .

On the downside :

Nifty has to sustain and close below 15580 - 15510 where it has its initial support to move towards next targets of 15320 - 15270 . 

Closing below 15270 Nifty may move towards further targets of 15100 - 14920 .

So far this week Nifty has made a high of 15927.45 breaking above initial weekly resistance zone of 15820 - 15890 and went down to make a low of 15687.80 today and closed at 15799.10 just below the initial resistance zone . Now in the coming session Nifty has immediate support at 15670 and breaking and sustaining below it Nifty can move towards its initial weekly support zone of 15580 - 15510 . On the upside Nifty has immediate resistance at 15930 and has to break and sustain above it to move towards its next weekly resistance zone of 16080 - 16130. 

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 Jun

 In the previous session :  

Bank Nifty went down by 308 points before closing lower by 169 points on Tuesday.

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 Jun :

Bank Nifty triggered our long trade and completed 1 target and more doing 150+ points. 

For 29th Jun :

Sustaining above 33790 enter for 33880 - 33990 - 34260 , SL 33680

Sustaining below 33490 enter for 33410 - 33300 - 33020 , SL 33600

Now for this week :

On the upside :

Bank Nifty has to sustain and close above 33870 - 34010 where it has its initial resistance for a  move towards next targets of 34410 - 34520 . 

Sustaining or closing above 34520 Bank Nifty can move towards further targets of 34870 - 35250

On the downside :

Bank Nifty has to sustain and close below 33390 - 33240 where it has its initial support for a move towards next targets of 32840 - 32730 . 

Sustaining or closing below 32730 Bank Nifty can move towards further targets of 32390 - 32000

So far this week Bank Nifty made a high of 34147.50 breaking above our initial weekly resistance zone of 33870 - 34010 and went down till 33503.30 and closed once again today at 33642.45 below the initial weekly resistance. Now in the coming session Bank Nifty has to break and sustain above its immediate resistance at 33800 for a move towards 34000 - 34250 . On the downside Bank Nifty on breaking and sustaining below 33500 can make a move towards its immediate support zone at 33390 - 33240. 

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.