NIFTY WEEKLY OUTLOOK ( 2ND JULY 2018 to 6TH JULY 2018)

Closed  @ 11278

EMA 10 @ 11092

EMA 20 @ 10996

EMA 50 @ 10845

Resistances: 11440,11658

WEEKLY PIVOT: 11190

Supports: 11164,11080,10999

BANKNIFTY WEEKLY OUTLOOK ( 2ND JULY 2018 to 6TH JULY 2018)

Closed  @ 27634

EMA 10 @ 27106

EMA 20 @ 27914

EMA 50 @ 26554

Resistances: 28200,28546,28885

WEEKLY PIVOT: 27322

Supports: 27250,269550,26657

NIFTY WEEKLY OUTLOOK (16th JULY 2018 to 20th JULY 2018)

Closed  @ 11018

EMA 10 @ 10886

EMA 20 @ 10822

EMA 50 @ 10730

Resistances: 11081,11224,11300

WEEKLY PIVOT: 10970

Supports: 10945,10855,10764

Nifty burst like anything when it has given breakout on daily chart and this week it has given 248 points move in upside, now nifty should not trade below 10900 then it can go up to 11300. Below 10900 it has to be taken support on trendline around 10800 if it trade below 10800 then it will be still in same range bound as it is being observed in last three months.

  

Pls trade according levels .

Thanks

BANKNIFTY WEEKLY OUTLOOK (16th JULY 2018 to 20th JULY 2018)

Closed  @ 26935

EMA 10 @ 26731

EMA 20 @ 26605

EMA 50 @ 26309

Resistances: 27250,27700

WEEKLY PIVOT: 26908

Supports: 26812,26575,26337

Dear traders,

Banknifty still unable to close above both trendline so as of now banknifty is strong but when it will trade above trendline then it will be positive breakout and it can go up to 27600 .

Pls trade according levels .

 Thanks

NIFTY WEEKLY OUTLOOK ( 9th JULY 2018 to 13th JULY 2018)

Closed  @ 10772

EMA 10 @ 10732

EMA 20 @ 10728

EMA 50 @ 10679

Resistances: 10800,10850,10950

WEEKLY PIVOT: 10730

Supports: 10600,10550,10400

Nifty this week also unable to close above this trendline or ascending triangle pattern and close below this trendline but below nifty is strongly sustaining 10700,10600 in intraday as well as daily basis ,as we have seen from last may nifty is struggling 10900 and 10400 range .

Pls trade according levels .

Thanks

BANKNIFTY WEEKLY OUTLOOK ( 9th JULY 2018 to 13th JULY 2018)

Closed  @ 26493

EMA 10 @ 26515

EMA 20 @ 26418

EMA 50 @ 26064

Resistances: 26800,27200,27600

WEEKLY PIVOT: 26387

Supports: 26250,26950,25600

Dear traders,

For short term banknifty broken higher top higher bottom pattern on daily chart and closes below the lower support of trendline and it came now as resistance, banknifty made inverted hammer on daily chart so the same cases apply in bank nifty as we have analysis of nifty .

Pls trade according levels .

 Thanks