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IN OUR LAST BLOG WEEKLY POST WE HAD SHARED OUR VIEW THAT WE ARE EXPECTING RANGE BETWEEN 10500-10800 FOR NIFTY AND ACTUAL RANGE REMAINED 10558-10765 WHEREAS FOR BANK NIFTY EXPECTED RANGE WAS 25600-27000 AND ACTUAL RANGE 25980-27165 SO MORE OR LESS UPPER CAPTION WAS RESPECTED BY MARKET PARTICIPANTS.
WE ARE GOING TO START ONLINE TECHNICAL ANALYSIS WEEKDAY BATCH (5TH BATCH) FROM 11/06/2018 FOR JUST 5000/- FOR 4 MONTHS WITH ONLINE/OFFLINE SUPPORT VIA TELEGRAM GROUP. FOR MORE DETAILS CALL 08866145155 OR DROP MAIL ON NIFTY50STRIKER@GMAIL.COM
IN OUR LAST BLOG WEEKLY POST WE HAD SHARED OUR VIEW THAT WE ARE EXPECTING RANGE BETWEEN 10500-10800 FOR NIFTY AND ACTUAL RANGE REMAINED 10558-10765 WHEREAS FOR BANK NIFTY EXPECTED RANGE WAS 25600-27000 AND ACTUAL RANGE 25980-27165 SO MORE OR LESS UPPER CAPTION WAS RESPECTED BY MARKET PARTICIPANTS.
WE ARE GOING TO START ONLINE TECHNICAL ANALYSIS WEEKDAY BATCH (5TH BATCH) FROM 11/06/2018 FOR JUST 5000/- FOR 4 MONTHS WITH ONLINE/OFFLINE SUPPORT VIA TELEGRAM GROUP. FOR MORE DETAILS CALL 08866145155 OR DROP MAIL ON NIFTY50STRIKER@GMAIL.COM
NOW LETS HAVE LOOK AT WEEKLY CLOSE FOR NIFTY & BANK NIFTY
WEEK ON WEEK NIFTY CLOSED WITH MINOR GAIN OF 95 POINTS WHEREAS BANK NIFTY CLOSED WITH GAINS CLOSE TO 420 POINTS.
Lets have look at Nifty Weekly Chart
Weekly 20 & 50 EMA comes at 10188 & 10503
CONCLUSION
NOW FOR ENTIRE JUNE SERIES IF BULLS MANAGED TO SAVE 10500 ON CLOSING BASIS THEN ENTIRE SERIES RANGE WOULD BE 10500-10900.
NEXT WEEK RANGE WOULD BE 10500-10800
Nifty Bank View
Lets have look at Nifty Bank Weekly Chart
Important levels for next week are 22980-23090-23215-23325-23445-23575-23630-23740-23810-23930-24010-24085-24150-24250-24380-24515-24680-24810-25065-25150-25220-25340-25455-25650-25775-25880-25925-26135-25335-26425-26615-26760-26890-27065-27250-27400 which may act as support or resistance ON DAILY CHART as the case may be.
Weekly 20 & 50 EMA comes at 25624 & 25505 respectively.
CONCLUSION
NOW FOR ENTIRE JUNE SERIES IF BULLS MANAGED TO SAVE 26000 ON CLOSING BASIS THEN FOR 3 SESSIONS IN ROW THEN ONLY MORE DOWNSIDE IS EXPECTED ON UPSIDE 27300-27500 ON DAILY CLOSING WILL ACT AS STRONG HURDLE.
FOR NEXT WEEK MORE OR LESS RANGE SHALL REMAIN 26200-27200
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