Nifty Bank IndexLong
Bank Nifty for August 2nd
Hi All,
I am posting my own analysis as per my understanding here. Please do your own analysis before taking any trades.
Market is looking super Bullish as of now why because its slowly slowly moving up breaking resistances one after the other.
My View for Tomorrow:
1. Flat to Gap up opening: If the market can sustain 37754 on the downside and 37998 on the upside, I am expecting a rally till 38771, but it has to sustain these 2 levels, please remember.
2. Gap Down Opening: Chances are very rare for Gap Down opening (I am expecting a Gap up opening for tomorrow), but if it happens and if market faces resistance at 37754, it can again retest 37272 level.
Quote of the Day: Bruce Lee once said, I am not afraid of a man who knows 1000 styles of kicks, I fear the man who practices 1 style 1000 times. So search for a setup that suits your personality, stick to it and keep practicing until you get a confidence, then slowly slowly we can scale up. Try this and see the magic.
Reach out to me on 9989647590 for more updates.
TRADING IS SIMPLE BUT NOT EASY.
IT SHOULD BE SIMPLE :)
I am posting my own analysis as per my understanding here. Please do your own analysis before taking any trades.
Market is looking super Bullish as of now why because its slowly slowly moving up breaking resistances one after the other.
My View for Tomorrow:
1. Flat to Gap up opening: If the market can sustain 37754 on the downside and 37998 on the upside, I am expecting a rally till 38771, but it has to sustain these 2 levels, please remember.
2. Gap Down Opening: Chances are very rare for Gap Down opening (I am expecting a Gap up opening for tomorrow), but if it happens and if market faces resistance at 37754, it can again retest 37272 level.
Quote of the Day: Bruce Lee once said, I am not afraid of a man who knows 1000 styles of kicks, I fear the man who practices 1 style 1000 times. So search for a setup that suits your personality, stick to it and keep practicing until you get a confidence, then slowly slowly we can scale up. Try this and see the magic.
Reach out to me on 9989647590 for more updates.
TRADING IS SIMPLE BUT NOT EASY.
IT SHOULD BE SIMPLE :)
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