Short Nifty if 15 minute candle closes below 15705. Target 15513/15480.
Tomorrow i.e. on 19th July, if 15 min candle closes below 15920, then we can expect further fall till 15880 - 15860
Harmonic Pattern forming in Nifty daily chart. 15630 is important. Next week if nifty falls below 15630, then we may see further fall.
Buy Bank Nifty above 35550. Target 36200 - 36450 Stop Loss 35200
Short Nifty from 15100 if it reverses from 15160. Target 1 - 14980 to 15000. Target 2 - 14850 to 14870 Stop loss - 15160
Since Bank Nifty has reversed from the 78.6 to 88.6 zone, hence if it falls below 35900, then it will be a massive fall all the way to 35300. So the idea would be to Short bank Nifty below 35900 with target 35300. and stop loss 36300.
Short below 35730. Target 35250. Stop loss 35930
If Bank Nifty bounces from 35800, then its a long above 36150 with target 36700. and stop loss 35800
Bank Nifty has further up scope till 37900. However, it may retrace till 34800. So the right level to enter would be 34800 with a target of 37900.
NSE:BANKNIFTY has a lot of upside scope still left. it can reach 33900. However, the right levels to enter would be 32850 - 32900 with a target of 33800 - 33900.
NSE:BANKNIFTY has taken support from 29700 levels and is forming a ABCD Pattern. if it goes above 30950, then we can see 33700 - 33900 levels followed by 35000 levels.