Pages

Saturday 9 June 2018

Nifty & Nifty Bank Weekly View for 11/06/2018 to 15/06/2018

JOIN OUR TELEGRAM CHANNEL FOR FREE TRADING CALLS (FOR EDUCATION PURPOSE ONLY) LAST WEEK CALL PERFORMANCE CAN BE CHECKED HERE

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 10550-10718 WHEREAS FOR BANK NIFTY EXPECTED RANGE WAS 26200-27200 AND ACTUAL RANGE 26069-27048 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 WITH 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 GAINS LITTLE OVER 70 POINTS WHEREAS BANK NIFTY CLOSED WITH LOSS LITTLE LESS THAN 250 POINTS. 

Lets have look at Nifty Weekly Chart



Important levels for next week are 9610-9695-9750-9815-9870-9910-9985-10040-10120-10178-10235-10285-10345-10400-10455-10495-10535-10596-10666-10760-10785-10830-10885-10970-11045-11100 which may act as support or resistance ON DAILY CHART as the case may be. 

Weekly 20 & 50 EMA comes at 10211 & 10528


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 10550-10900

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 24695 & 25595 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 26300-26800

------------------------------------------------------------------------------

ON 10th JUNE 2018 AT 12 PM WE ARE GOING TO CONDUCT FREE WEBINAR ON BASIC VOLATILITY TOOL FOR INTRADAY AS WELL AS POSITIONAL TRADING; REGISTER FOR THAT WEBINAR CLICK HERE.

------------------------------------------------------------------------------
RECORDINGS OF OLD FREE WEBINARS CAN BE FOUND ON OUR YOUTUBE CHANNEL

------------------------------------------------------------------------------

FOR LIVE MARKET UPDATE JOIN:- 


------------------------------------------------------------------------------
--------------------------------------------------------------------

IN CASE OF ANY QUERY/SUGGESTIONS READERS ARE REQUESTED TO CONTACT US NIFTY50STRIKER@GMAIL.COM OR 08866145155
------------------------------------------------------------------------------


Please note this blog post is for education purpose only. While utmost care is taken while writing this post but any human error cant be ruled out and we apologize for same in advance. 

No comments:

Post a Comment

Note: only a member of this blog may post a comment.