Anupam Rasayan Setting up after good 25% fall from the top
HDFC life throwback to previous highs on low volume. Quick trade can be initiated if price moves above 631-632 levels
Nice breakout after a decent base building .Good Move of 85% from march lows and nice contractions on weekly charts
1 Year consolidation and price giving breakout with confirmation of breakout on both daily and Weekly charts
The view is clearly bearish on Bank Nifty till the levels of 45300 are not taken on the upside. Trend has also gained momentum on the downside
Nifty seems range bound with cautiously bearish view
Bank Nifty is currently sideways in a 1000-point range with bullish bias as we are at important weekly support levels.
The Counter after going thru down trend on Weekly charts is slowly turning around. Formed double bottom at around 556 levels and now formed higher low around 614-615. Expect Good Up move above 677-678 levels.