Adhi Trades

Bank Nifty Outlook 29/08/2022 1. US Markets down by 2.5-3% on Friday. Huge Selling came. 2. All Asian Markets are heavily down today. 3. SGX Nifty down by 375 points…suggesting 350 points down and almost 700 points gap down opening in Bank Nifty 4. Daily Bank Nifty Range : 37900 to 38500. Support Resistance 38800 39258 38400 39750 37900                 5. Important level to watch 38800. If Bank Nifty remains below this and sustains with volume, it can even touch 38400 also. So no put writing today. 6. 38400 very important support, if falls below and sustains, it will turn bearish for short term.

Bank Nifty Outlook 29/08/2022 1. US Markets down by 2.5-3% on Friday. Huge Selling came. 2. All Asian Markets are heavily down today. 3. SGX Nifty down by 375 points…suggesting 350 points down and almost 700 points gap down opening in Bank Nifty 4. Daily Bank Nifty Range : 37900 to 38500.     Support         Resistance        38800        39258        38400        39750        37900                    5. Important level to watch 38800. If Bank Nifty remains below this and sustains with volume, it can even touch 38400 also. So no put writing today. 6. 38400 very important support, if falls below and sustains, it will turn bea...

Bank Nifty Outlook 4/08/2022 1. US Markets rallied yesterday with DOW up by 1.29%, S&P 1.56% and Nasdaq up by 2.73%.. 2. All Asian Markets are positive. 3. SGX Nifty up by 54 points suggesting Gap Up opening and Bank Nifty will gap up around 200 Plus points. 4. Today is the market to just remain on BUY , NO SELLING…. 5. Daily Bank Nifty Range : 37900 to 38500.     Support         Resistance        37922        38230        37700        38500                38840                39400    6. Markets are in Bullish trend, and any dip should be used as opportunity. 7. Today being expiry day, markets c...

1. US Markets Opened higher, traded 1% higher for some time but than started falling and DOW closed at 0.69% down. 2. SGX Nifty Trading at 100 points down suggesting Gap Down opening for our markets. 3. Coming to local markets, Markets rallied yesterday annd Nifty closed at 1.43% higher and Bank Nifty almost 2% higher. 4. Bank Nifty is more positive than Nifty. 5. But since markets rallied alot and global markets are negative, so there might be some profit booking at this levels. 6. But overall our markets are bullish and its BUY ON DIPS opportunity today. 7. Support and Resistance     Support        Resistance        35350         35600         35100         35900        34500           ...

15th July 2022 1. Bank Nifty Closed 34720 yesterday 14th July 2022. Made High of 35091, and low of 34623 2. Today overall sentiments are positive, considering Asian markets and US futures. Although Yesterday Bank Nifty closed 0.5% lower yesterday, but HDFC and ICICI Bank ADRs still went up by more than 0.5% in US markets. 3. FIIs bought 309 cr yesterday in cash market, which is after long time FIIS started buying. 4. Bank Nifty is looking more bullish than Nifty, so today market is Buy on Dips. Any dip should be bought.     Support        Resistance        34750        35050         34600         35150                35350            ...

12 th July 2022 1. Bank Nifty Closed 35487yesterday . Made high of 35599 and low of 35050 2. International Markets are down, SGX nifty suggesting Gap down opening in our markets.     Support        Resistance        35400        35600         35002         35800        34750             3. Yesterday Low 35050, High 35599 4. Weekly Range : 33900-35500 5. Bank Nifty Support at 35000, if Falls Below, it can fall till 34750 6. Overall Trend is Positive but due to fall of international` markets, market is negative for today. We have to watch 35500, if Bank nifty manages to cross this level, it will head towards 35800-36000. If falls below 35400, than can go till 35000. 35000 is s...