Wednesday, November 13, 2019

Nifty Bank/Nifty as of 13th Nov 2019


NiftyBank Spot - Long above 30600, short below 30484.



Nifty Spot  - short below 10825, support 10770-60(may stop near 11800). Long above 11880.




Tuesday, November 12, 2019

NiftyBank as of 11th Nov 2019

BankNifty Sport - short below 31060, more low below 30975. Long above 31300



Nifty Spot -long above 11920, short below 11870

Sunday, November 10, 2019

NiftyBank as of 8th Nov 2019

BankNifty Spot - On daily chart 30400 is important level, if it is broken more downside.



27571-28858=1287
28858-27743=1115
27743-30414=2671(>200%)
30414-30016=398
0-3=2843
30016->30687(23.6%)/31102(38.2%) -done@31108?


From 31108 in 5 min chart -

31108-30859=249
30859-30980
30980->30672(123.6%)/30557(161.8%) - done @30681?
30681->30752/30795/30866(61.8%) - should stay below 30859
-> ~30860->30600?

If open positive and stays below 30900(preferably 30859 ) then it's shorting opportunity.
Short below 30680, confirmation 30575. Long above 30860.


Nifty Spot - short below 11890, long above 11950(or 11980).






Thursday, November 7, 2019

Nifty/BankNifty as of 7th Nov 2019

Nifty Spot - Long above 12040, short below 11980.
If opens negative; may trade in negative.





Bank Nifty Spot - Resistance at 30935.
Long above 30725, short below 30570


Wednesday, November 6, 2019

Nifty/Bank Nifty as of 6th Nov 2019

Nifty spot - Long above 11980, short below 11935

BankNifty Spot - long above 30660, short below 30530

Sunday, November 3, 2019

Bank as of 1st Nov2019

Bank Nifty Spot count on hourly chart -

1. 27571-28858=1287
2. 28858-27743=1115
3. 27743-29688=1945
4. 29688-28932=756
5. 28932->30596(78.6%)/31049(100%)/31549(123.6%)

Long above 30410, short below 30230.


Weekly levels as of 3rd Nov 2019

BankNifty Spot -

On weekly chart -

A. 31753-26561=5237
B. 26561->29797(61.8%)/30677(78.6%)

B.a   26561-30801=4240
B.b   30801-27568=3233
B.c   27568->31808(a=c)

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...