Monday, August 27, 2018

BankNifty 28-08-2018




BankNifty levels -

27787-27894
27894-27802
27802-28317
28317-28241
28241-->28366/28444/28506/28569


Sunday, August 26, 2018

Nifty 27-08-2018

More count on Nifty Spot -

10558-11072=514
11072-10936=136
10936-11390=454
11390-11341=49
11341-->(0-3=832)11537/11659/11855===>11795(MAX)

11341-11451=110
11451-11367=84
11367-11621=254
11621-->11561/11524(11532 done??)
11532-->(0-3=280) 10598/11639/11705/11821

On 27/08/2018 - NS trading above 11590, go for long; target 11650+
BNS - long above 27900, target 28455/28867


Sunday, August 19, 2018

Nifty 20/08/2018

1. 6826-8969=2143
2. 8969-7894=1075
3. 7894-11172=3278(<161.8%)
4. 11172-9952=1120(>38.2%)
5. 9952-->11612(38.2%)/12125(50%)



I.   9952-10929=977
II.  10926-10558=368
III. 10558--->11535(100%)/11766(123.6%)/12139(161.8%)


head and shoulder pattern going to form on 20/08/2018??
if market opens with gapup and didn't cross 10490 shorts can be taken assuming it will create right shoulder. Sustaining below 11460, it can goes till 10430.
if NS doesn't goes below 11460 after gapup opening(and down move) then it may be H&S failure so longs can be taken after NS cross right shoulder high.
If gapup opening failed to sustain above 11490, it's a failre to cross UBB and it might come down

Go short near 11480(SL 11495), watch out 11460 level, if broken then more fall.
LONG above 11495(SL 11480); targets are 11535/11578

Sunday, August 12, 2018

Nifty - 13-08-2018

Oscillators indicating some weakness that Nifty may fall for 150-200 points if sustain below 11375. In absence of breaking 11375, there are high chance of making another high between 11500-11550.

Sustenance above 11565 may bring faster rise of another 150-200 points and sustenance below 11375 may bring faster fall of 150-200 points so keep close eye upon these levels.

Every dip near 11370 will be buying opportunity 

Bank Nifty as of 31st Mar 2020

Bank Nifty Spot - 'c' of 4th still in progress? Long above 19300, short below 18870. Sell 20000CE below 19300 and sell 18000P...