UNITED STATES OF BANKNIFTY

Top_Massage

Well-Known Member
#22
OK folks .... Focus on BankNifty spot levels of 27300 to 27500 .... BankNifty needs to get out of this range. Ideally, bulls will have to surpass and stay above 27500 decisively in order to reach 27650, 27750 and so on ..... But yes, if bears manage to put some more pressure, then, below 27300 could prove to be dangerous. Choose wisely .... best of luck guys ....
 

Top_Massage

Well-Known Member
#23
OK folks .... Focus on BankNifty spot levels of 27300 to 27500 .... BankNifty needs to get out of this range. Ideally, bulls will have to surpass and stay above 27500 decisively in order to reach 27650, 27750 and so on ..... But yes, if bears manage to put some more pressure, then, below 27300 could prove to be dangerous. Choose wisely .... best of luck guys ....
Guys .... Just for the quick heads up. Please be aware that we are going to have two big banks announcing their quarter results post today's session. Hence, we can expect some fireworks (either side) in BankNifty by next week. Good luck.


Disclaimer: This forum is meant for educational purpose ONLY.
 

Top_Massage

Well-Known Member
#24
OK folks .... Focus on BankNifty spot levels of 27300 to 27500 .... BankNifty needs to get out of this range. Ideally, bulls will have to surpass and stay above 27500 decisively in order to reach 27650, 27750 and so on ..... But yes, if bears manage to put some more pressure, then, below 27300 could prove to be dangerous. Choose wisely .... best of luck guys ....
Guys .... Just for the quick heads up. Please be aware that we are going to have two big banks announcing their quarter results post today's session. Hence, we can expect some fireworks (either side) in BankNifty by next week. Good luck.


Disclaimer: This forum is meant for educational purpose ONLY.
 

Top_Massage

Well-Known Member
#25
Remember folks .... We need to get out of this consolidation range of 27300 to 27500 with force. Pullbacks on each side will result in dwindling premiums only. Keep tracking.

Disclaimer: This forum is meant for educational purpose ONLY.
 

Top_Massage

Well-Known Member
#26
Remember folks .... We need to get out of this consolidation range of 27300 to 27500 with force. Pullbacks on each side will result in dwindling premiums only. Keep tracking.

Disclaimer: This forum is meant for educational purpose ONLY.
It seems BankNifty is not going to break the consolidation range of 27300 to 27500 today. But hopefully, markets are gearing up for a bigger move next week (triggered by HDFCBANK & KOTAKBANK results).

Disclaimer: This forum is meant for educational purpose ONLY.
 

Top_Massage

Well-Known Member
#27
OK folks .... Hope you had a good trading week. Enjoy weekend and also donate some of your profits to any noble cause by helping needy.

Disclaimer: This forum is meant for educational purpose ONLY.
 

Top_Massage

Well-Known Member
#28
NEWS FLASH: Big news coming in ...... China looks to offer six year import boost from US in order to reduce trade imbalance.


Disclaimer: This forum is meant for educational purpose ONLY.
 

Top_Massage

Well-Known Member
#29
It is to be seen if this time rising crude prices turn out to be tailwind or headwind for Indian markets in near future.

Disclaimer: This forum is meant for educational purpose ONLY.
 

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