Bank Nifty continue to trade below 20491, EOD Analysis

As discussed in Last analysis  Bank Nifty almost did the Wolf Wave pattern as we discussed, Now range of 20600-20675  is very cruical as this is next important gann level to be watched before heading towards all time high. Bears will get active below 20100 only. High made today was 20477, and close below 20491, … Read more

Bank Nifty forms Bullish Engulfing pattern,Weekly Forecast

Last Week we gave Chopad Level 19275  Bank Nifty gave Short entry on Monday  which got stopped out on Tueday on gap up and traders who revered posiiton as per Chopad levels were rewarded handsomely , as it did all 3 target by Wednesday.  Lets analyze how to trade in coming week. Bank Nifty Hourly … Read more

Bank Nifty rallies 600 points above 19158,EOD Analysis

As discussed in Last analysis  Bulls need close above 19367  for target of 19650/19766, Bears below 19000 for target of 18800/18500. Till 19158 is not broken its buy on dips market.Sustaining above today’s high of 19250 bank nifty can make other move towards 19367 and close above it momentum will again come in bulls favor. … Read more

Bank Nifty bears unable to capitalize on fall below 19158,EOD Analysis

As discussed in Last analysis  Bulls need close above 19367  for target of 19650/19766, Bears below 19000 for target of 18800/18500. Till 19158 is not broken its buy on dips market. Low made was 19097 , High near 19248, Bank Nifty bears unable to break 19158 on closing basis and Bulls were unable to close … Read more

Bank Nifty Bulls Bears keep fight on, Which side will give up ?

As discussed in Last analysis  Bulls need close above 19367  for target of 19650/19766, Bears below 19000 for target of 18800/18500. Till 19158 is not broken its buy on dips market. Low made was 19134 , High near 19358, Bank Nifty bears unable to break 19158 and Bulls were unable to close above 19367 suggesting … Read more