Adhi Trades

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...

1. Bank Nifty Closed 34370 yesterday 5th July 2022. Made High of 34434. 2. International Markets are up, SGX nifty sugestingn Gap up opening in our markets. Support Resistance     34180         34500                 34800    3. Yesterday Low 33762, High 34399 4. Daily Channel Range : 33180-34500 5. Weekly Range : 33400-34900 6. Level to watch is 34500. If remains above this level, it can go till 34800-900, If falls below 34500, than can fall till 34180. 7. Overall Market is Positive Today but due to expiry it can be shaky.

6th July 2022 1. Bank Nifty Closed 33827 yesterday 5th July 2022. Made High of 34399. 2. Made exact reveral from 34400 resistance which was mentioned in yesterday Market Outlook Report. Support Resistance     33700-770        34200         33400         34400-500        33200         34900    3. Yesterday Low 33762, High 34399 4. Daily Channel Range : 33400-34050 5. Weekly Range : 33400-34900 6. Level to watch is 33750-800. If remains above this level, it can go till 34200, than 400. If falls below 33750, than can fall till 33400, and 33200 7. Bank Nifty took Reversal yesterday from 34400. So todays day very important to decide the trend of Bank Nifty. But as far as today is concerned, trend seems to be negative. So, its Sell on Rise.

Bank Nity Closed 34012 yesterday 4th July 2022 Support Resistance     33780        34200         33600         34500        33400         34800        Yesterday Low 33600, High 34055.     Daily Channel Range: 33780-34200 .                                                                    Weekly Range:33400-34900 .                               ...

28th June 2022 Bank Nity Closed 33638 on Friday Support Resistance 33540 33850 33400 34400 32150 35500 Yesterday Low 33131, High 33740 Daily Channel Range : 33200-34400 Weekly Range : 33400-34900 Level to watch is 33800. If crosses above, it can go till 33400. If remains low, can go till 33400