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deepgups
Sep 6, 2020 12:10 PM

BANK NIFTY SPOT Long

Nifty Bank IndexNSE

Description

AS I STUCK MY NECK OUT IN THE PAST........SO AM I DOING SO NOW AS WELL
I DO NOT SEE BNSPOT BREAKING BELOW 22900 ON A CLOSING BASIS....... UPSIDE TARGETS ARE AT APPRXX 24250 AND FURTHER AT 26300...... I EXPECT A RALLY ON BNSPOT OF APPRXX 3200-3800 POINTS FROM THE CURRENT ZONE...... MARKET IS """ RIPE"""" FOR A GOOD BOUNCE

DISCLAIMER...... THE ABOVE IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE DO A THOROUGH FOLLOW UP OF YOUR VERY OWN STUDIES
Comments
Rajiv230879
LOOK AT BROADER ANGLE 3RD SEPT TO 7TH SEPT, OR EVEN FROM 28TH AUG TO 6TH SEPT, MARKET NEEDED TO WATCH TILL 24060 LEVELS, IF IT SUSTAINS OR BREAK THROUGH WITH POSITIVE VOLUME WE MAY SEE TESTING 24300 LEVELS. MOREOVER WITH PRESENT SCENARIO MARKET MAY DIP AND SEE 22900 LEVEL AND FURTHER MAY TEST 22300 LEVELS
deepgups
@Rajiv230879, YES RAJIV.... YOUR ANALYSIS WAS PRETTY SPOT ON..... I MISSED AN ASPECT WHICH I HAVE CORRECTED AND POSTED ACCORDINGLY
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