UNITED STATES OF BANKNIFTY

Top_Massage

Well-Known Member
#11
For BankNifty (near future targets): First of all, we need to get out of this range of 27000 to 27250 quite comprehensively. Pullbacks on either side are doing nothing but blowing away stop losses of traders while eating premiums too.

Then, further targets may be 26920, 26750 on downside (these levels may prove to be temporary support too). On the upside, 27350 shall be initial target and please note that it is now really mandatory for bulls to breakout above 27400 decisively in near future in order to expect 27550.
 

Top_Massage

Well-Known Member
#12
For BankNifty (near future targets): First of all, we need to get out of this range of 27000 to 27250 quite comprehensively. Pullbacks on either side are doing nothing but blowing away stop losses of traders while eating premiums too.

Then, further targets may be 26920, 26750 on downside (these levels may prove to be temporary support too). On the upside, 27350 shall be initial target and please note that it is now really mandatory for bulls to breakout above 27400 decisively in near future in order to expect 27550.
Let's see if last two hours can produce a nice opportunity for traders. Choose wisely .... good luck!!
 

Top_Massage

Well-Known Member
#13
For BankNifty (near future targets): First of all, we need to get out of this range of 27000 to 27250 quite comprehensively. Pullbacks on either side are doing nothing but blowing away stop losses of traders while eating premiums too.

Then, further targets may be 26920, 26750 on downside (these levels may prove to be temporary support too). On the upside, 27350 shall be initial target and please note that it is now really mandatory for bulls to breakout above 27400 decisively in near future in order to expect 27550.
Initial target of 26920 missed by 20 points. Let's see what's there in store for us. Either more downside or an intraday pullback.
 

Top_Massage

Well-Known Member
#16
Let's see if last hour can produce some opportunity for BankNifty traders. Keep watching .....
Guys .... we are at crucial junction point of 27000 spot level. Very very crucial level for BankNifty. A big move from here (either side) will surely come. But it is to be seen whether it will move today or not. Keep tracking ...... almost 45 minutes remaining.
 

Top_Massage

Well-Known Member
#17
Guys .... we are at crucial junction point of 27000 spot level. Very very crucial level for BankNifty. A big move from here (either side) will surely come. But it is to be seen whether it will move today or not. Keep tracking ...... almost 45 minutes remaining.
Well, today was a tricky day for intraday traders. Just like some fielders of Australian cricket team who still believe in theory of "ek tappaa catch OUT hota hai" ..... Anyways, let's see what happens tomorrow.
 

checkmate7

Well-Known Member
#20
What is this United States of BankNifty :oops::oops: ?? India wala kam hai jo yeh :p...After this your thread would be United States of Nifty :DD
 

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