Saturday 2 July 2016

Nifty BankNifty Medium Term OutLook

Dear Friends,

Due to time constraints i am unable to publish Report,But you are feel free to to

ask your questions on comments sections.When time permits  i will try to answer.

As discussed on 22nd June report that nifty can react from Balance point level 8210

 to and fro to complete rotation at 7992 or 8320/8420.Nifty prefer to complete

rotation on downside below 7992.

Now Balance Point level shift from 8210 to 8230/8260 from where Nifty to and fro to

 complete rotation.

Nifty now enter in the Zone of 8500/8700 with strong support at 8230/8150,

But the path is unknown as Nifty move in expanding Triangle.



BankNifty>>

As discussed 20th June report that BN will complete rotation near sub 17000 level ,

BN made low of 16946.As BankNifty complete the structure at 16946 so BN now

enters the the Zone which Higher level is 19200 , Lower Level is 18300/18450 and

 Support at 17750.

Next report will covers the Precise Demand and Supply level on EOD basis.

Note-The above is for Educational Purpose Only.Read Disclaimer.

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