Bank Nifty as of 30th Jan 2020

Bank Nifty Spot -

Long above 30720, short below 30588/30520. More high above 30900.

Bank Nifty as of 27th Jan 2020

Bank Nifty Spot -


From height of 31374, looks like a 5 is in progress.
1. 31374-30927
2. 30927-31227
3. 31227-> 30780(100%)/30674(123.6%)/30609(138.2%)  - still in progress ?

Long above 30940,more high above 30990; short below 30840.

Bank Nifty Future -

Weak below 30810, short below 30740. Long above 30954.

Bank Nifty as of 23rd Jan 2020

Bank Nifty Spot -

Long above 31070, more high above 31150. Short on sustaining below 30930. Watch 31370+/- area for resistance and shorting opportunity.

Bank Nifty Future -

Bank Nifty as of 22nd Jan 2020

Bank Nifty Spot -

Long above 30780, more high above 31000. Short below 30650. If break down, look for 30550+/- level for bounce.

Bank Nifty Future -

Bank Nifty as of 21st 2020

Bank Nifty Spot -

Long above 31003;more high above 31131. Short below 30906.

Bank Nifty Future -

Bank Nifty as of 20th Jan 2020

Bank Nifty Spot -

Long above 31131, more high above 31256. Short below 30972.

Bank Nifty as of 16th Jan 2020

Bank Nifty Spot -

Long above 31900, short below 31790; confirmation below 31755.

Bank Nifty Future -

Short below 31880, long above 32015.