Pages

Saturday 16 June 2018

Nifty & Nifty Bank Weekly View for 18/06/2018 to 22/06/2018

JOIN OUR TELEGRAM CHANNEL FOR FREE TRADING VIEWS (FOR EDUCATION PURPOSE ONLY) PERFORMANCE TILL CAN BE CHECKED HERE

ALSO GOOD NEWS FOR ALL COMMODITY TRADERS WE HAVE STARTED GIVING FREE VIEWS ON OUR COMMODITY TRADING TELEGRAM CHANNEL. CLICK HERE TO JOIN. 

IN OUR LAST BLOG WEEKLY POST WE HAD SHARED OUR VIEW THAT WE ARE EXPECTING RANGE BETWEEN 10550-10900 FOR NIFTY AND ACTUAL RANGE REMAINED 10755-10893 WHEREAS FOR BANK NIFTY EXPECTED RANGE WAS 26300-26800 AND ACTUAL RANGE 26345-26765 SO MORE OR LESS UPPER CAPTION WAS RESPECTED BY MARKET PARTICIPANTS.

WE ARE GOING TO START ONLINE TECHNICAL ANALYSIS WEEKEND BATCH (6th BATCH) FROM 21/07/2018 WITH 4 MONTHS WITH ONLINE/OFFLINE SUPPORT VIA TELEGRAM GROUP.  TO AVAIL EARLY BIRD DISCOUNT (TILL 30/06/2018) OR 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 OF 50 POINTS WHEREAS BANK NIFTY CLOSED WITH LOSS OF 34 POINTS. 

Lets have look at Nifty Weekly Chart





Important levels for next week are 10940-10895-10870-10840-10815-10785-10740-10715-10690-10650-106515-10585-10555-10525-10500-10460-10415 which may act as support or resistance ON DAILY CHART as the case may be. 

Weekly 20 & 50 EMA comes at 10235 & 10556


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 10700-10980

Nifty Bank View

Lets have look at Nifty Bank Weekly Chart



Important levels for next week are 27335-27230-27145-27045-2670-26900-26765-26650-26615-26520-26450-26255-26069-25920-25810-25675-25550-25425 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 26200-26900

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

ON 17th JUNE 2018 AT 12 PM WE ARE GOING TO CONDUCT FREE WEBINAR ON JUNE SERIES OPTION CHAIN. TO 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.