Bank Nifty does 24000 holding gann angle,EOD Analysis

As discussed in Last Analysis   Bank Nifty did a new life high above our breakout level of 23540 cool move of 400 points captured in 2 days based on time cycle ,now till we are holding 23716 we are heading towards 24025/24336. Bearish below 23700 for a move towards 23400/23100. Bank Nifty finally did our target of 24025 and closed above 24000, its was a fun ride in this current bull market with price and time analysis presented here hope readers were benefited and were able to mint some money. Till 23760 is held bulls can continue to move ahead and can take bank nifty towards 24120/24270/24389/24480, 24477-24480 is major resistance for bank nifty,  Bearish below 23700 for a move towards 23400/23100.Many traders want to short market as it has gone up significantly, but let the market show some sign of weakness else going against the trend can lead to big losses.  Important Points for Trading Success

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Price Time Squaring:Cipla India Cement Titan

Cipla

Positional Traders can use the below mentioned levels

Close above 552 Target 568/576

Intraday Traders can use the below mentioned levels

Buy above 552 Tgt

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Bank Nifty does 23964 in Impulsive Cycle,Weekly Forecast

Last Week we gave Chopad Level 23500 Bank Nifty gave Long Entry on Monday  and did the third target by Thursday ,so good week for Chopad followers.As we have been discussing we are in impulsive time cycle and we got the expected 4% move in index in last 2 weeks, So time cycle worked till perfection. Lets see How to trade Bank Nifty in coming week.

Bank Nifty Hourly

As discussed in last analysis For coming week above 23540 bulls need move above 23750/24000.  Bearish below 23100 for a  move towards 22900/22650/22450.
23963 done,now bulls need a

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Will Nifty Hit 10000, Weekly Forecast

Last Week we gave Chopad Levels  of 9686,  Nifty gave Long Entry on Monday  and did the third target by Thursday ,so good week for Chopad followers.As we have been discussing we are in impulsive time cycle and we got the expected 4% move in index in last 2 weeks, So time cycle worked till perfection. Lets see How to trade Nifty in coming week. 

Nifty Hourly Chart

As discussed in last analysis For coming week bullish above 9686 for a move towards 9720/9790.  Bearish below 9600 for a move towards 9520/9470.
Low made was 9600 so bulls protected

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Nifty make new life highs holding time cycle low

• FII's sold 3.7 K contract of Index Future worth 310 cores ,2.5 K Long contract were liquidated by FII's and 1.2 K Short contracts were added by FII's. Net Open Interest decreased  by 1.2 K contract, so fall in market was used by FII's to exit long and enter  short in  Index futures. FII's Long to Short Ratio at 1.97, lowest in the series. Who says meditation is a waste of time?

• As discussed in last analysis  Bearish below 9610 only. As per time cycle till 9787 is held bulls can push nifty towards the scarocant figure of 10000 by 30 July.  Low made today was 9853 so nifty opened gap up above 9830 and rallied all the way till 9897, now bulls are holding 9830 we can move towards 9936/9961/10000. Bearish below 9792 for a move towards 9700/9610. Time cycle turn date of 12 July again helped in capturing good move in market. Till 9820

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