Bank Nifty forms DOJI after RBI Event, EOD Analysis

 As discussed in Last analysis  Range of 19650-19732 is very crucial range unable to cross them we can see another downmove towards 19451 and 19300, Close above 19732 can see fast move till 19811 and above that 20000. High made today was 19747 and bank nifty turned back so bank nifty reacted for the zone of … Read more

Bank Nifty entering in Supply zone, EOD Analysis

 As discussed in Last analysis  Bulls need a close above 19451 for target of 19732/19811. Only on close above 19811 Bank nifty can move towards 20000/20212/20571. Any close below 19000 will see fast move towards 18800/18500. This can be the overview for the October series. Bulls broke 19451, did 19611 and now waiting for 19732. … Read more

Bank Nifty Weekly Forecast before Oct RBI Policy

Last Week we gave Chopad Level 19975  Bank Nifty opened gap down and did not gave entry as per chopad levels ,  Lets analyze how to trade bank nifty in coming  week. Bank Nifty Hourly As discussed in last analysis Bears below 19650 can see sharp pullback of 300-400 points. Bank Nifty broke 19650 saw … Read more

Bank Nifty Technical Analysis after India’s Surgical Strike

 As discussed in Last analysis   Bulls need a close above 19732 for a move till 19904 and 20000.Bears will be active below 19451 for a move towards 19300/19100. Bank Nifty opened at 19763 made high of 19793 but got quickly sold off in first 15 mins of trading and as soon as 19451 which got … Read more

Bank Nifty hold to Gann Line at 19500, Sep Expiry Analysis

 As discussed in Last analysis  Now bulls should hold the 19450-19500  range near gann angle line for upmove back towards 19800/20200. Close below 19500 can quickly push bank nifty towards 19360/19100. Bank Nifty continue to hold 19500 and gann trendline as shown in below chart,Bulls needs to hold 19451-19500 range for target of 19732. Any … Read more

Bank Nifty holds 19500 and gann trendline,EOD Analysis

 As discussed in Last analysis  Now bulls should hold the 19450-19500  range near gann angle line for upmove back towards 19800/20200. Close below 19500 can quickly push bank nifty towards 19360/19100. Bank Nifty continue to hold 19500 and gann trendline as shown in below chart,Bulls needs to hold 19451-19500 range for target of 19732. Any … Read more

Bank Nifty corrects 600 points from gann line of resistance,EOD Analysis

 As discussed in Last analysis   As seen in below gann chart, Bank Nifty opened at the gann resistance line also opened below 20155 suggesting correction on cards as we discussed, low made 19861 and by Monday we should get our target of 19800/19700. Bank Nifty is trading in a range 20250-19700 doing time correction before … Read more

Will Bank Nifty close above 20230 for further upmove ,EOD Analysis

 As discussed in Last analysis Bulls need a close above 19928 to be back in the game for target of 20155, Any close above 20155 will take us towards 20576/20600 levels. Bears below 19700 can push bank nifty towards 19451. Bulls need a close above 19928 for a move towards 20155/20380. Bears will get active … Read more