Wednesday 31 October 2018

Nifty View









NIFTY facing stiff resistance at 10415 long term trend line once, it sustine  rally further up ,,, 
Targets 10445/10530/10750...

10415 below 9933/9813/9780/9730..

So one can watch 10415 levels closley...

As trading angle one can long with Sl 10350 intra day basis.

Monday 29 October 2018

Banknifty
















Bank nifty pivot placed at 25000 above 25110/25160..
25000 below 24880..
Short covering only above 25200

Saturday 27 October 2018

ICICIBANK TRADING & POSITIONAL VIEW









ICICIBANK , As Trading angle it showing stiff resistance 344 on up side & down side support of 295.. 
TRADING ANGLE 
One can short this stock with Stop loss of 345 of any bounce towards 322/330 a target of 301/295...
POSITIONAL
This stock range bound in between 385-225... 
Both levels plays crucial in longer time frames ,,
 These levels can take  next range of 450/490 up side above 385 

Down side of 160/120 below 225 ..

Friday 26 October 2018

Nifty View












The Above two charts indicates Nifty Range in between  8700-9720-10500-10750..
Now 10215 acts as resistance ,
10025 a pivot,
Target are 9815/9730 ..
Still looks 12 more trading days in consolidation & Correction ..
Depends of intensity of fall targets may vary in Time period theory in downside .

Bank nifty update

As per Trading angle  asking  24580 below close  it can drift to 24260 odd ..
SO watch 24580 closing basis levels

Bank nifty view for 1- 2 Days














26-10-208
Continuous from the Previous post Bank nifty spot tested crucial range of 24540-24580 mentioned previous post ,,, 
As per technicals, it has great support at 24450 odd mark.. As long it holds it gives bounces forwards 25020.. Long term tred line of 24950 plays crucial role in bank nifty movement for this week. So watch closly this points .. Bank nifty may test 24900/950 coming sessions ...
24580 close  below weakness continues up to 24260.

Nifty View

NIFTY facing stiff resistance at 10415 long term trend line once, it sustine  rally further up ,,,  Targets 10445/10530/10750......