Category Archives: Bank Nifty Technical Analysis

Bank Nifty finally close above 29791,EOD Analysis

By | March 21, 2019

As Discussed in Last Analysis Bank Nifty facing resistance at vedic number 29791. Fresh long should be taken above 29791 for a move towards 29929/30125. Bank Nifty finally closed above 29791 now bulls can rally towards 29929/30125/30240. Bears will get active below 29600 for a move towards 29376/29240.22 Mar is important Astrological Event so High… Read More »

Bank Nifty EOD Analysis

By | March 14, 2019

As Discussed in Last Analysis We were able to ride rally from 27790 to 28900 a rally of 1110 in just 3 days based on WD Gann 10 Year Cycle. Range of 28900-28944 is important supply zone, Closing above it can see quick move to 29088/29232/29376. High made today was 29070 but failed to close… Read More »

Bank Nifty close above 27000

By | February 22, 2019

As Discussed in Last Analysis   Bulls will become active again at 27000 for a move towards 27070/27150/27225. 27070 done and now waiting for 27150/27225 till we are holding 27000. Bears will become active below 26990 for a move back to 26920/26800.25 Feb is important time cycle date so effect will be seen today or Monday. Intraday… Read More »

Bank Nifty Bulls continue to face resistance at 27000

By | February 20, 2019

As Discussed in Last Analysis  Bulls will become active above 26700 for a move towards 26789/26850/26920/27000. All Bullish target done High made was 26996 near our vedic number 27000  and near gann angle resistance,again tanked 400 points. Bulls will become active again at 26784 for a move towards 26920/27000. Bears will become active below 26610… Read More »