Nifty & Nifty Bank View for 01/02/2019

10650 REMAINED SAFE ON CLOSING BASIS AND BULLS MANAGED GIVE CLOSE WITH GAINS OVER 175 POINTS...!!!

NOT ONLY IN OUR WEEKLY BLOG WE HAD EXPRESSED OUR VIEW BiT DIFFERENT WAY BY STATING THAT TUESDAY'S LOW SHALL REMAIN UNTOUCHED FOR REMAINING SESSIONS OF JANUARY SERIES. 

OUR JANUARY 2019 WEEKEND ONLINE WORKSHOP ALREADY STARTED AND ABOUT 3 HOURS SESSIONS IS ALREADY CONDUCTED BUT IF YOU WANT TO JOIN THAT WORKSHOP THEN WE ARE STILL TAKING LATERAL ENTRY IN SAME. PLEASE CALL 08866145155 FOR MORE DETAILS. 

WE ARE OFFERING 3 MONTHS FREE OPTION TRADING SUPPORT ALSO IF YOU ARE OPTING FOR TECHNICAL ANALYSIS + OPTION TRADING WORKSHOP IN SAME BATCH.

INCASE IF YOU ANY HAVE QUERY PLEASE CALL US ON 08866145155 OR DROP MAIL REQUEST ON NIFTY50STRIKER@GMAIL.COM 

Anyway lets move further and Analyse what could be road ahead for Nifty & Nifty Bank for next session.

Nifty Spot Closed with 179 points gains at 10831

Nifty Bank Closed with 470 points gains at 27295

Nifty View

Now for next trading session important Resistance & Support Levels (Spot basis) are as under:- 

Resistance zones ~  10840-10870-10895-10940-10980-11020-11045-11070-11100-11125-11150-11170-11185-11210-11275-11235-11330-11360-11300-11385-11410-11425-11425-11435-11470-11495-11525-11550-11565-11585-11605-11620-11655-11690-11710-11725-11735-11750

Support ~ 10815-10785-10740-10715-10690-10650-10615-10585-10555-10525-10500-10460-10380-10350-10325-10325-10295-10270-10225-10180-10140-10110-10075-10045-10005-9955

CONCLUSION

No need to review as Index closed flat.Previous blog post comment) 

NEXT SESSION BEING AN EVENT SESSION WE FEEL THAT IT WOULD BE GOOD VOLATILE SESSION

Nifty Bank View

Now for next trading session important Resistance & Support Levels (Spot basis) are as under:- 

Resistance Zone ~ 27335-27405-27470-27600-27640-27680-27720-27790-27825-27845-27890-27940-27970-28060-28130-28175-28210-28265-28320-28375-28320-28375

Support ~ 27230-27145-27045-26970-26900-26805-26765-26695-26650-26615-26520-26450-26410-26325-26285-26255-26170-26070-26015-25985-25920-25810-25775-25650-25455-25340-25220-25065-25150-24810-24680-24515-24380-24250-24010-23810-23660-23575-23475-23445-23215-23090-22980

Conclusion

27000 may act as psychological resistance for next session. (Previous blog post comment) 

NEXT SESSION BEING AN EVENT SESSION WE FEEL THAT IT WOULD BE GOOD VOLATILE SESSION

Option Chain Data Analysis

Nifty

Premature to analyse or discuss anything at present. 

Nifty Bank


Weekly Option Chain


Premature to analyse or discuss anything at present. 

Monthly Option Chain


Premature to analyse or discuss anything at present. 

Put Call Ratio Stands at 0.84 for Nifty whereas for Nifty Bank it is 0.87

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

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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. 

Nifty & Nifty Bank View for 31/01/2019

FOR NIFTY WE HAD GIVEN KEY LEVEL 10650 ON CLOSING BASIS FOR THIS WEEK IN OUR WEEKLY BLOG POST AND TILL NOW IT IS GETTING RESPECTED COMPLETELY...!!! 

INCASE IF YOU MISSED OUR THAT POST THEN PLEASE GO THROUGH OUR WEEKLY VIEW FOR NIFTY & NIFTY BANK

OUR JANUARY 2019 WEEKEND ONLINE WORKSHOP ALREADY STARTED AND ABOUT 3 HOURS SESSIONS IS ALREADY CONDUCTED BUT IF YOU WANT TO JOIN THAT WORKSHOP THEN WE ARE STILL TAKING LATERAL ENTRY IN SAME. PLEASE CALL 08866145155 FOR MORE DETAILS. 

WE ARE OFFERING 3 MONTHS FREE OPTION TRADING SUPPORT ALSO IF YOU ARE OPTING FOR TECHNICAL ANALYSIS + OPTION TRADING WORKSHOP IN SAME BATCH.

INCASE IF YOU ANY HAVE QUERY PLEASE CALL US ON 08866145155 OR DROP MAIL REQUEST ON NIFTY50STRIKER@GMAIL.COM 

Anyway lets move further and Analyse what could be road ahead for Nifty & Nifty Bank for next session.

Nifty Spot Closed with 0.40 point loss at 10652

Nifty Bank Closed with 252 points gain at 26826

Nifty View

Now for next trading session important Resistance & Support Levels (Spot basis) are as under:- 

Resistance zones ~  10690-10715-10740-10785-10815-10840-10870-10895-10940-10980-11020-11045-11070-11100-11125-11150-11170-11185-11210-11275-11235-11330-11360-11300-11385-11410-11425-11425-11435-11470-11495-11525-11550-11565-11585-11605-11620-11655-11690-11710-11725-11735-11750

Support ~ 10650-10615-10585-10555-10525-10500-10460-10380-10350-10325-10325-10295-10270-10225-10180-10140-10110-10075-10045-10005-9955

CONCLUSION

We can see that today's candle is doji candle and somehow still it is in demand zone so next 2 sessions are important for next BIG move. (Previous blog post comment) 

No need to review as Index closed flat. 

Nifty Bank View

Now for next trading session important Resistance & Support Levels (Spot basis) are as under:- 

Resistance Zone ~ 26900-26970-27045-27145-27230-27335-27405-27470-27600-27640-27680-27720-27790-27825-27845-27890-27940-27970-28060-28130-28175-28210-28265-28320-28375-28320-28375

Support ~ 26805-26765-26695-26650-26615-26520-26450-26410-26325-26285-26255-26170-26070-26015-25985-25920-25810-25775-25650-25455-25340-25220-25065-25150-24810-24680-24515-24380-24250-24010-23810-23660-23575-23475-23445-23215-23090-22980

Conclusion

As discussed in weekly blog post rising wedge had given breakdown and target for same is almost achieved. Now we feel that 26400-26450 shall act as strong support for remaining sessions of this expiry. Further today's doji candle is in demand zone. (Previous blog post comment) 

27000 may act as psychological resistance for next session. 

Option Chain Data Analysis

Nifty

Expectation was 100-150 points and bears managed about 78 points (from previous close to today's low) Going forward we feel that today's low shall remain safe for remaining sessions of this expiry. (Previous blog post comment) 

Next session being expiry session we feel that option chain may not reflect true picture. 

Nifty Bank

Monthly Option Chain

Expectation was flashes below 26500 and today's low is 26441...!!! Going forward we feel that 26400 shall remain untouched in remaining sessions of this series. (Previous blog post comment) 

Next session being expiry session we feel that option chain may not reflect true picture. 

Put Call Ratio Stands at 0.84 for Nifty whereas for Nifty Bank it is 0.87

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YOUTUBE CHANNEL 

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FOR LIVE MARKET UPDATE & FREE OPTION CALLS JOIN:- 

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T.ME/NIFTY50STRIKERCHANNEL_BOT

FACEBOOK.COM/NIFTY50STRIKER

TWITTER.COM/NIFTY50STRIKER

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

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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. 

Nifty & Nifty Bank View for 30/01/2019

WHAT A PHENOMENAL COME BACK BY BULLS...!!!

AS OF NOW 10650 IS SAFE ON CLOSING BASIS AND BULLS STILL ABLE TO STRIKE BACK WHICH WE HAVE SEEN IN LAST 2 SESSIONS...!!! INFACT THIS WAS ALREADY DISCUSSED IN OUR WEEKLY VIEW FOR NIFTY & NIFTY BANK. 

OUR JANUARY 2019 WEEKEND ONLINE WORKSHOP ALREADY STARTED AND ABOUT 3 HOURS SESSIONS IS ALREADY CONDUCTED BUT IF YOU WANT TO JOIN THAT WORKSHOP THEN WE ARE STILL TAKING LATERAL ENTRY IN SAME. PLEASE CALL 08866145155 FOR MORE DETAILS. 

WE ARE OFFERING 3 MONTHS FREE OPTION TRADING SUPPORT ALSO IF YOU ARE OPTING FOR TECHNICAL ANALYSIS + OPTION TRADING WORKSHOP IN SAME BATCH.

INCASE IF YOU ANY HAVE QUERY PLEASE CALL US ON 08866145155 OR DROP MAIL REQUEST ON NIFTY50STRIKER@GMAIL.COM 

Anyway lets move further and Analyse what could be road ahead for Nifty & Nifty Bank for next session.

Nifty Spot Closed with  9 points loss at 10652

Nifty Bank Closed with 80 points loss at 26573

Nifty View

Now for next trading session important Resistance & Support Levels (Spot basis) are as under:- 

Resistance zones ~  10690-10715-10740-10785-10815-10840-10870-10895-10940-10980-11020-11045-11070-11100-11125-11150-11170-11185-11210-11275-11235-11330-11360-11300-11385-11410-11425-11425-11435-11470-11495-11525-11550-11565-11585-11605-11620-11655-11690-11710-11725-11735-11750

Support ~ 10650-10615-10585-10555-10525-10500-10460-10380-10350-10325-10325-10295-10270-10225-10180-10140-10110-10075-10045-10005-9955

CONCLUSION

As expected some downside was seen in today session. We feel that some how Bulls managed to lift Nifty from lower levels but we feel that if Bears manage to close below 10800 then more downside move till 10730-10750 can't be ruled out. (Previous blog post comment) 

We can see that today's candle is doji candle and somehow still it is in demand zone so next 2 sessions are important for next BIG move. 

Nifty Bank View

Now for next trading session important Resistance & Support Levels (Spot basis) are as under:- 

Resistance Zone ~ 26615-26650-26695-26765-26805-26900-26970-27045-27145-27230-27335-27405-27470-27600-27640-27680-27720-27790-27825-27845-27890-27940-27970-28060-28130-28175-28210-28265-28320-28375-28320-28375

Support ~ 26520-26450-26410-26325-26285-26255-26170-26070-26015-25985-25920-25810-25775-25650-25455-25340-25220-25065-25150-24810-24680-24515-24380-24250-24010-23810-23660-23575-23475-23445-23215-23090-22980

Conclusion

Bears managed to score century but still 10650 remained safe on closing basis. But some more downside cant be ruled out. (Previous blog post comment) 

As discussed in weekly blog post rising wedge had given breakdown and target for same is almost achieved. Now we feel that 26400-26450 shall act as strong support for remaining sessions of this expiry. Further today's doji candle is in demand zone. 

Option Chain Data Analysis

Nifty

Easy 100-150 points more on downside cant be ruled out.(Previous blog post comment) 

Expectation was 100-150 points and bears managed about 78 points (from previous close to today's low) Going forward we feel that today's low shall remain safe for remainig sessions of this expiry. 

Nifty Bank

Monthly Option Chain

More flashes below 26500 cant be ruled out. (Previous blog post comment) 

Expectation was flashes below 26500 and today's low is 26441...!!! Going forward we feel that 26400 shall remain untouched in remaining sessions of this series. 

Put Call Ratio Stands at 0.83 for Nifty whereas for Nifty Bank it is 0.72

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

YOUTUBE CHANNEL 

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FOR LIVE MARKET UPDATE & FREE OPTION CALLS JOIN:- 

T.ME/NIFTY50STRIKERCHANNEL_BOT

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SOCIAL MEDIA TOUCH POINTS:-

T.ME/NIFTY50STRIKERCHANNEL_BOT

FACEBOOK.COM/NIFTY50STRIKER

TWITTER.COM/NIFTY50STRIKER

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

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.