Category Archives for Bank Nifty Time Cycle

Bank Nifty Near Short-Term Resistance

Bank Nifty is approaching towards important resistance price area, where the bears might come back, and we may see a pause or pullback in the current upswing.

Bank Nifty Time & Price Resistance Area...

Bank Nifty

Click on chart to enlarge

In the above Daily chart of, we can see, the even short-term angle is following the current trend very tightly, 26315-25350, will be the critical price area for bulls & support will be at 25820.

However, bulls already the gave a very early sign of this present uptrend, we only need special & unique trading tools & proper risk management for getting on the right side of market moves.

Note: Above mention Price projection & other Information are for educational purpose only.

Nifty & Bank Nifty Stock Index Last week

Nifty Trading Course

It was the volatile week, as that was expected due to F&O expiry & Global market turmoil in the news.

But, volatile markets are right from the profitability point of view, wild & fast price swings.

Are the one which most of the traders look to take a trade for more & quick opportunities.

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The above Nifty Index, last week chart, shows how easy it was to take the opportunity of volatile price swings for good profitability.

The same case was with Bank Nifty Index.

 

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Don’t expect same with other market participants, as these are the highly precise turning points, which hidden in the plain sight of the market.

But, now you can be from one of our students, who can learn one or more such type of unique & result oriented trading techniques.

All you need to send a mail for requesting nifty course details & then take further action accordingly – Divesh

Bank Nifty Weekly View 5th-9th June

Last week was consolidation week for Bank nifty, short position was initiated below 23200 which made low of 23093 neither stoploss came nor target was hit, for next week rage of 23300-23463 will watched closely before next trending move

 

As per above price vibration chart close above 23463 can take bank nifty towards 23800 / 24200, bears will get chance only on close below 23100 for move towards 22750 / 22500

 

New time cycle has been started from 30th may, below i have also marked the past moves of this short term time cycle

 

7th june is Gann date for Bank Nifty, we can expect some volatility or we can see short term top or bottom over around this date

 

Bank Nifty Trend Changing Level 23463

 

Bank Nifty Weekly Trading Levels

Buy Above 23520

Target – 23670 / 23770 / 24120

Sell Below 23200

Target – 23050 / 22850 / 22500

 

 

. Kindly note above mention levels are for Nifty cash 

. Always trade with stoploss & book partial profit as 1st target reach or trail stoploss

 

Note: These are my personal trading views , before taking trade kindly consult your trading adviser & kindly see disclaimer 

Bank Nifty Weekly View 29th May-2nd June

Last week was not able to update weekly view due to some unavoidable work, For next week range of 23300 – 23400 will play crucial role for Bank nifty before next trending move

 

As per above Bank nifty price vibration chart bulls need to hold 23260-23300 area for move towards 23580 – 23800, bears will get active on close below 22900 for move towards 22750 – 22500

 

Bank nifty is going to enter into new short time cycle from 1st June,  below i have also marked the past moves of this short term time cycle

 

30th May & 1st June are Gann date for Bank nifty, we can expect some volatility or we can see short term top or bottom over around this date

 

Bank Nifty Trend Changing Level 23260

 

Nifty Weekly Trading Levels

Buy Above 23520

Target – 23650 / 23830 / 24100

Sell Below 23200

Target – 23070 / 22890 / 22620

 

. Kindly note above mention levels are for Nifty cash 

. Always trade with stoploss & book partial profit as 1st target reach or trail stoploss

 

Note: These are my personal trading views , before taking trade kindly consult your trading adviser & kindly see disclaimer

 

 

 

Bank Nifty Weekly View 8th-12th May

Last week on tuesday Bank Nifty made low of 22240 near to our TCL of 22250 & from there made new life time high of 22853, rewarded around 600 points to TCL followers, for next week range of 22750 – 22800 will watched out closely for further trend

 

As per above chart any close above 22750 can take the the market towards new life time high 23000 – 23300, fail to close above 22750 can drag the market towards 22300 – 21800

 

Bank Nifty current short time cycle will going to end on 11th may, below i have also marked the past moves of this short term time cycle

 

9th May is Gann date for Bank Nifty, we can expect some volatility or we can see short term top or bottom over there

 

Bank Nifty Trend Changing Level 22750

 

Bank Nifty Weekly Trading Levels

Buy Above 22770

Target – 22900 / 23050 / 23350

Sell Below 22430

Target – 22300 / 22150 / 21850

 

 

. Kindly note above mention levels are for Bank Nifty cash 

. Always trade with stoploss & book partial profit as 1st target reach or trail stoploss

 

Note: These are my personal trading views , before taking trade kindly consult your trading adviser & kindly see disclaimer 

Bank Nifty Weekly View 2nd – 5th May

Last week Bank Nifty gave long entry above 21700 on monday & did all 3 targets as per weekly trading levels, For next week we can see some correction as per time cycle & as per gann analysis range of 22200 – 22350 will play important role next week

 

As per short term elliott wave analysis Bank Nifty has completed it 3rd wave & now correction can be seen ahead

 

Bank Nifty will going to be enter into new short term time cycle from 2nd may , below i have marked the past moves of this short term time cycle

 

3rd May is Gann date for Bank Nifty , we can expect some volatility or we can see short term top or bottom over there

 

Bank Nifty Trend Changing Level 22250

 

Bank Nifty Weekly Trading Levels

Buy Above 22510

Target – 22650 / 22800 / 23100

Sell Below 22200

Target – 22050 / 21900 / 21600

 

 

. Kindly note above mention levels are for Bank Nifty cash 

. Always trade with stoploss & book partial profit as 1st target reach or trail stoploss

 

Note: These are my personal trading views , before taking trade kindly consult your trading adviser & kindly see disclaimer