NIFTY PREDICTION & FREE NIFTY FUTURE TIPS FOR 21 AUG 2018

No Monday blues for bulls… it was record breaking run of the bulls in today’s session. Market was at all time high. The Nifty managed to hit 11,500 for the first time ever, while the Sensex comfortably traded above 38000-mark.  The Sensex and Nifty future scaled their fresh lifetime highs of 38322 and 11585, respectively. Positive global cues, a recovery in rupee along with a rally in banks and index heavyweights helped the market kick off the week on a very strong note.

NEXT WEEK NIFTY PREDICTION & CHARTS 20 TO 24 AUG 18

WEEKLY RESISTANCE FOR NIFTY:11550,11625,11700

 PIVOT POINT: 11400

WEEKLY SUPPORT FOR NIFTY :  11400,11325,11275

WEEKLY CHART FOR NIFTY

DAILY CHART FOR NIFTY

DAILY RESISTANCE FOR NIFTY: 11525,11550,11575

PIVOT POINT:11450

DAILY SUPPORT FOR NIFTY :  11425,11400,11375

Nifty closed the week on positive note gaining around 0.67%. As we have mentioned in our previous post that the index is trading at all time high so supports & resistance levels are shifting gradually higher day by day. Resistance for the index lies around 11525 to 11550 where target of triangle break out pattern lies. If the index manages to close above these levels then the index can move to the levels of 11575 to 11600. During the week the index manages to hit a high of 11507 and close the week around the levels of 11488.

LAST WEEK NIFTY 

NIFTY TIPS FOR 16 AUG 2018

The Nifty50 rebounded after two-day losses and extended rally as the day progressed despite volatility in the rupee which touched 70-mark per dollar for the first time on Tuesday.The index closed decisively above psychological 11,400 levels despite mixed global cues, forming bullish candle on the daily candlestick charts.The rally was broad based as all sectoral indices ended in the green with Pharma leading the charge with 3 percent rally. The broader markets also participated in the upmove, with Nifty Midcap index rising a percent.The Nifty50 after opening higher at 11,381.70 extended gains as the day progressed and crossed 11,400 levels to hit an intraday high of 11,452.45. The index closed 79.30 points higher at 11,435.10.The index formed bullish candle but technical oscillators on lower time frame charts are still on sell mode which is a cause for concern.Bank Nifty opened positive and managed to rebound towards 28,050 zones

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Resistance: 11400, 11450, 11500

Support: 10350, 10300, 10250

NIFTY OUTLOOK FOR 14 AUG 2018

Bears continued to dominate Dalal Street for the second consecutive session on Monday as the Nifty50 fell sharply, closing far below the psychological 11,400-mark following Turkey crisis and further weakness in the rupee against the US dollar.The Nifty50 after opening sharply lower and breaking 11,400 levels extended losses as the day progressed and hit an intraday low of 11,340.30. It did manage to claw back above 11,400 in afternoon but failed to hold the same level and closed 73.70 points lower at 11,355.80.

BANKNIFTY WEEKLY PREDICTION & CHART FOR 13 AUG TO 17 AUG 18

WEEKLY RESISTANCE FOR BANKNIFTY :28500,28650,28800

 PIVOT POINT: 28000

WEEKLY SUPPORT FOR BANKNIFTY:  27900,27800,27600

WEEKLY CHART FOR BANKNIFTY

The Nifty Bank index started the week with a gap up opening and continued its positive momentum to end the session with gains of about three-fourths of a percent at 27960.On Tuesday The Nifty Bank index traded in a narrow range of 160 points throughout the session and ended the day with a negligible loss at 27947. Wednesday’s trading session, the Nifty Bank index opened on a positive note and rallied higher to cross the 28000 mark for the first time ever. The index continued the positive momentum led by some of the index heavyweights and ended the session with gains of 0.67% over its previous day's close at 28127. On Thursday Nifty Bank index opened gap up and continued the positive momentum throughout the session. The index ended the session with gains of almost a percent over its previous day's close at 28351.on Friday nifty bank index opened the session at 28342 made a high of 28380 and low of 28150 & finally closed the week at 28154 down by 197 points.

NIFTY PREDICTION & FREE NIFTY FUTURE TIPS FOR 10 AUG 2018

A new day & a new achievement for bulls…!!!  After 2 days of relaxation bulls are back in racing mood. After clocking a fresh milestone of 38,000, the Sensex has managed to end the day above this mark. In the nifty future today race has started from the highest ever level 11498 after that it made a high of 11504 came down to 11467  & finally it has closed the day at 11484. Total 37 points nifty future has moved in intraday. Where banknifty future has started the day from 28224 made a high 28386 and low of 28177 & finally closed the day at 28386, total 209 points banknifty future has moved in intraday. Banks led the rally for equity benchmarks, with major gains coming in from PSU banks. It looks like there is no stopping the bulls. Not only are they in the driver’s seat for August 2018, they are ensuring that the car is in for a long drive. Investors are hopeful of stellar June quarter numbers from State Bank of India on Friday and hence placed big bets on the stock. This fueled the up move in banks in general. Additionally, buying counters were also buzzing in ICICI Bank and Axis Bank, which helped the market climb to new highs on Thursday.

NIFTY OUTLOOK & CHART FOR 8 AUG 2018

TO GET FREE OPTION/FUTURE TIPS FILL UP THE FORM GIVEN HERE>>>>Bulls were in relaxing mood. After 2 days of record breaking run bulls were taking a breathe in today’s session. Market was moving in a narrow range & nifty future closed the session above 11400 mark after making high of 11445 & low of 11376 led by banking stocks amid strong cues from global markets.

NIFTY OUTLOOK & FREE TIPS FOR 7 AUG 2018

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No Monday blues for the bulls..!!! Continuing their record-breaking run, bulls hit new fresh record highs on Monday & took nifty above 11400 marks for the first time history of Indian stock market led by banking stocks amid strong cues from global markets. . Nifty future started from 11420 made a high of 11447 and low of 11386  & finally closed at 11421.