Posts

Showing posts from October, 2024

Banknifty View for Monday - 4th Nov'24

Lakshman Rekha @ 52,334 (Futures).   BNF closed below this level, so holding shorts with SL of 52334 in futures level.   Atleast close above 52,193 in futures is required to consider long positions. Point of Control   indicating Bearish for Nifty, while banknifty is bullish for next week with SL 51,439.   Since both are giving opposite view, need to wait for either nifty to give lead or banknifty to lead the show. BN Spot need to close above 51,555 level to give life to bulls. Astro View  - Monday astro view is positive. BTST - Indicating buying call option (need to watch whether muharat trading gives strength to bulls or bears).

PoC View and Levels for week ending 1st Nov'24

    Nifty - 24,295 - Bearish Banknifty - 51,018 - Bearish Fin Nifty - 23,782 - Bearish Reliance - 2,670 - Bearish ICICIBank - 1,259 - Bullish HDFCBank - 1,742 - Bullish IndusInd Bank - 1,088 Bearish BitCoin - 66,950 - Bearish Etherium - 2,519 - Bearish Above PoC Level is Bullish and below PoC Level is Bearish. PoC level to be followed very strictly / considered as SL

View and Level for 7th Oct'24

Below levels are valid only for 7th Oct'24   Nifty - 25,085 - Bearish Banknifty - 51,592 - Bearish Fin Nifty - 23,680 - Bearish

Banknifty - Important Update

 DON'T STAY LONG ON BANKNIFTY SPOT SUSTAINING BELOW 52600.    FIRST WARNING SIGNAL IS SPOT NOT ABLE TO CROSS ABOVE 53000.   BANKNIFTY ONCE FALLS BELOW 52600, EASILY CAN TEST 50,000 LEVELS. KEEP WATCHING THIS SPACE FOR IMPORTANT UPDATES