Bank Nifty Outlook for 03rd Jul

 In the previous session:  

Bank Nifty went up by 459 points before closing higher by 419 points on Friday.

Bank Nifty made a new lifetime high of 44508.40 on 28th Jun 2023 from the lows of 16116.25 made on 25th March 2020

On 30th Jun:

Bank Nifty triggered our long trade with a gap up above our 2nd target and then gave a dip till near our entry point and went on to complete all targets and more doing 300 points

For 03rd Jul:

Sustaining above 44840 enter for 44900 - 44965 - 45140, SL 44775

Sustaining below 44655 enter for 44595 - 44530 - 44350, SL 44720

In the Previous Week: 

Bank Nifty triggered our weekly long trade with a close above 43910 and almost completed all targets till 44810 with a high of 44787.10 

Now for this week:

On the upside:

Bank Nifty has to sustain and close above its weekly resistance at 44900 - 45000 for a move towards its initial weekly long targets of 45260 - 45330. 

Sustaining or closing above 45330 Bank Nifty may move towards its last weekly long targets of 45550 - 45790

On the downside:

Bank Nifty has to sustain and close below its weekly support at 44590 - 44500 for a move towards its initial weekly short targets of 44240 - 44170

Sustaining or closing below 44170 Bank Nifty may move towards its last weekly short targets of 43950 - 43700

In case 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 new life time high of 44787.10 on 30th Jun 2023 from the lows of 16116.25 made on 24th March 2020 while Nifty has made a new lifetime high of 19201.70 on 30th Jun 2023 from the lows of 7511 made on 24th March 2020.

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Disclaimer: I am not SEBI registered and these are my personal views and one should do their own research or consult a financial advisor 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 03rd Jul

 In the previous session:

Nifty went up by 229 points before closing higher by 217 points on Friday 

Nifty made a new lifetime high of 19201.70 on 30th Jun 2023 from the lows of 7511.10 made on 24th March 2020

On 30th Jun:

Nifty opened above our 2nd long target but then gave a dip till near our entry and completed all targets and more doing 150 points 

For 03rd Jul:

Sustaining above 19230 enter for 19255 - 19285 - 19360, SL 19200

Sustaining below 19150 enter for 19125 - 19090 - 19020, SL 19175

In the Previous Week: 

Nifty triggered our long trade on closing above 18755 and completed all targets till 19030 and more making a high of 19201.70 

Now for this week:

On the upside:

Nifty has to sustain and close above its weekly resistance at 19255 - 19300 to move towards its initial weekly long targets of 19415 - 19445. 

Closing above 19445 Nifty may move towards its last weekly long targets of 19540 - 19650

On the downside:

Nifty has to sustain and close below its weekly support at 19120 - 19080 to move towards initial weekly short targets of 18965 - 18935

Closing below 18935 Nifty may move towards its last weekly short targets of 18840 - 18730

In case 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: I am not SEBI registered and these are my personal views and one should do their own research or consult a financial advisor 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 up by 387 points before closing higher by 206 points on Wednesday.

Bank Nifty made a new lifetime high of 44508.40 on 28th Jun 2023 from the lows of 16116.25 made on 25th March 2020

On 28th Jun:

Bank Nifty triggered our long trade and completed 2 targets and more doing 250 points

For 30th Jun:

Sustaining above 44425 enter for 44485 - 44555 - 44745, SL 44360

Sustaining below 44230 enter for 44170 - 44100 - 43920, SL 44300

In the Previous Week: 

Bank Nifty triggered our short trade below 43660 and then went sideways between our weekly support and resistance zone

Now for this week:

On the upside:

Bank Nifty has to sustain and close above its weekly resistance at 43800 - 43910 for a move towards its initial weekly long targets of 44200 - 44280. 

Sustaining or closing above 44280 Bank Nifty may move towards its last weekly long targets of 44530 - 44810

On the downside:

Bank Nifty has to sustain and close below its weekly support at 43450 - 43340 for a move towards its initial weekly short targets of 43040 - 42960

Sustaining or closing below 42960 Bank Nifty may move towards its last weekly short targets of 42710 - 42430

So far this week Bank Nifty made a high of 44508.40 almost reaching our last weekly long target zone of 44530 - 44810 and closed at 44327.80

Now in the coming session Bank Nifty sustaining above 44280 can move towards our last

weekly long targets of 44530 - 44810. On the downside Bank Nifty has immediate support now at 44200 and has to break and sustain below it for a move towards 43910 - 43800 

In case 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 44508.40 on 28th Jun 2023 in the bounce from the fall till 16116.25 on 24th March 2020 while Nifty has made a new lifetime high of 19011.25 on 28th Jun 2023 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: I am not SEBI registered and these are my personal views and one should do their own research or consult a financial advisor 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 up by 193 points before closing higher by 154 points on Wednesday 

Nifty made a new lifetime high of 19011.25 on 28th Jun 2023 from the lows of 7511.10 made on 24th March 2020

On 28th Jun:

Nifty opened above our 2nd long target but then gave a dip till near our entry and completed all targets and more doing 150 points 

For 30th Jun:

Sustaining above 19010 enter for 19030 - 19055 - 19125, SL 18985

Sustaining below 18935 enter for 18915 - 18885 - 18820, SL 18960

In the Previous Week: 

Nifty traded sideways between our weekly support and resistance zone and did not give a trade

Now for this week:

On the upside:

Nifty has to sustain and close above its weekly resistance at 18720 - 18755 to move towards its initial weekly long targets of 18845 - 18870. 

Closing above 18870 Nifty may move towards its last weekly long targets of 18945 - 19030

On the downside:

Nifty has to sustain and close below its weekly support at 18615 - 18575 to move towards initial weekly short targets of 18490 - 18460

Closing below 18460 Nifty may move towards its last weekly short targets of 18390 - 18300

So far this week Nifty has made a high of 19011.25 almost completing our last weekly long targets of 18945 - 19030 and closed at 18972.10

Now in the coming session Nifty sustaining above 18870 can complete the move till 18945 - 19030. On the downside Nifty has immediate support at 18850 on dips and has to break and sustain below it for a move towards 18755 - 18720 levels.

In case 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: I am not SEBI registered and these are my personal views and one should do their own research or consult a financial advisor 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.