Previous support existing at 28530
and intraday target 28342 of Chanel.
Finally, intraday support is at 28340 nearby.
We may see a pullback 11 o clock nearby.
- Long term tight channel since 2016.
- 3 excesses at the value and one excess at value low.
- 5 waves are completed.
- A previous Resistance and Wave(3) at 28227(can be upcoming support).
- 50 days moving average is at 28080 nearby (too far for work as support).
- Measurement of all falls mentioned in the chart, as per this measurement expected current until 13th Aug 2019(approx. plotted).
Conclusion: From a longer perspective, there is a still Problem in Banknifty,
Updated at 9:35 AM 31st July 2019
PLAN A : SELL BANKNIFTY AUG future 28935 nearby and stop loss 28950 above fort targets 28725 and 28465-28500 intraday
Please log in to read the entire text. If you don’t have a login yet, please subscribe now to get access.
Detection Turning candle at value low (low of Channel). Normal pull-back should be above 11120 above on spot nifty.
Real support of the channel is at 10958 nearby. We have seen two recent Candle which is sign for PULLBACK . I was expecting pull-back after 11 o clock.
TRADE PLAN A: Buy NIFTY future Aug. 10915-10950 with stop loss of 10900 and targets 11125-111227
TRADE PLAN B: BUY NF aug. 11035 above with stop loss 11000 for targets 11125-11145 and 11190
Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips
Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips
Premium features: daily updates, full access to the Moneymunch #1 Rank List, Equity Research Reports, Focus List portfolio of 50 longer-term stocks, Premium screens, and much more. You will quickly identify which stocks to buy, which to sell and target today΄s hottest industries.
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
Very nice analysis of bank nifty
Thank you so much
Sir I subscribed your yesterday. I sold banknifty august month future 28918 two lot, should i book profit or wait?
sir I subscribed your yesterday. I sold bank nifty august month future 28918 one lot, should i book profit or wait?
For PAID customers we have live support service. Kindly contact in messenger. The first target was for paid client 28730 (low made with 28730 exact) check PLAN B.
Sir i sold banknifty future level of 28890.. What should i do??? Please tell me
guru ji i want to subscribe and yesterday night i called for subscription. kindly arrange package for me 3 years. I am tracking your record since 4 years but i was not able to join you. finally i want to move with you.
thank you. If you allow me to pay i can do NEFT right now.
Kindly contact on +91 9033763672
Sir i want to subscribe..but i don’t know about your package… Please pick up the call
This was my first day joined you yesterday. I sold 5 lots at 28908 avg. and booked profit at 28708. thanks a lot.
regard, new member.
great call sir
booked profit Rs 7900
I am Pankaj Bhardwaj your very old client. I also speak to guru ji many time. I am here today for saying thank you to moneymunch team.
Happy with your service. please keep it up.
Can u pls let us know further details to have this system for us to have one…thanks
My sincere thanks to Guru ji and Moneymunch Team. The calls are awesome and fantastic. My thanks to all. I am a new Member and support is nice and fine. Trading with Guruji’s calls relieves you from tension and stress.
Thanks once again.
I am your free subscriber…i seen your chart prediction always right analysis,
can i know about package ??i want subscribe your package..help me
i am trapped in market.. i was buy banknifty call but it is fall..tomorrow it expiry..How can i save from loss?
Do you help me?
Do you provide any training about this?
sir thanks for this call..you are always doing rock…i am in profit this call so i am out of this zone…thanks guruji