We may see Kotak Bank move up on 4th May. May go up to 1794 .
Infy - May touch 1550 before moving up. We may see Infy move down up to 1550 before moving up.
Banknifty is set to fall. May see lows of 34600 in the next few days / week. If Banknifty does not cross 34200 and stay above it, it is going to fall.
Nifty may fall. We may see the Nifty at Nifty - 16800 / 16400 by 5th /16th May. Nifty has to stay above 17170 for an upwards move.
Reliance may dip a li'l before it moves up again. Reliance 2717 by 10th May
Indusind - May fall a little on 4th May. We may see Indusind drop to 997 by the 5th of May
Banknifty may dip to 34600 if it does not stay above 36200. Banknifty may see a rough slide if it does not cross 36200 in the next two days.
If the current slide in global markets continue we may see the Banknifty slide further. Up to 34600 by the 12th of May. Monday opening of the Nifty and the Banknifty will decide further course.
Nasdaq set to fall further. Imp levels for 2nd May mentioned on the chart. Be ready for a slow day
Infy set to fall. But it has been defending the 1550 support for some time. We may see a sharp up move. Don't make any long / short moves yet.
Banknifty still on the border. If it stays above 36200, we may some up move. Till 36600 or more. Else we may break support and fall. Next few days are critical.
RIL- With earnings coming in tomorrow, we may not see much up move from here. Probably till 2864. However we may see some profit booking.
Nifty - Dont see a very big move in the next few days in Nifty. The results in the next few days should show us the way forward.
We may not see much action on 2nd May. But it's going to fall a bit. Sell below S1 if it does go below S1 or stay out.
The S&P 500 is heading for 4010 by 16th May. We may see a few spikes. But the overall trend is down.
HDFC Bank has been holding on to 1360. We may see HDFC Bank move up on some positive cues. When those cues do come is a good guess.
Nifty may dip on monday 2nd May. Imp levels mentioned on chart. Don't take positions before the index crosses its S1 / PDL.
Monday hints at a fall in Banknifty. However much depends on where the BNF opens on Monday. If Banknifty opens above 36200 we may see an upward move else down