Bank Nifty Outlook for 10th May
simplytradestocks
by
1d ago
  In the previous session: Bank Nifty went up by 237 points then went down by 580 points before closing lower by 533 points on Thursday Bank Nifty made a new lifetime high of 49974.75 on 30th Apr 2024 from the lows of 16116.25 made on 24th March 2020 On 09th May: Bank Nifty triggered our short trade and completed 2 targets doing 250 points and exceeded it by 140 points  For 10th May: Sustaining above 47680 can move towards 47795 - 47930 - 48290, SL 47550 Sustaining below 47300 can move towards 47180 - 47050 - 46690, SL 47430 (One should ideally look to exit near t ..read more
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Nifty Outlook for 10th May
simplytradestocks
by
1d ago
 In the previous session: Nifty went up by 5 points then went down by 370 points before closing lower by 345 points on Thursday  Nifty made a new lifetime high of 22794.70 on 03rd May 2024 from the lows of 7511.10 made on 24th March 2020 On 09th May: Nifty triggered our short trade and completed all targets doing 160 points and exceeded it by 150 points For 10th May: Sustaining above 22015 can move towards 22050 - 22090 - 22190, SL 21975 Sustaining below 21900 can move towards 21865 - 21825 - 21720, SL 21940 (One should ideally look to exit near the 2nd target once ..read more
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Bank Nifty Outlook for 09th May
simplytradestocks
by
2d ago
  In the previous session: Bank Nifty went down by 434 points before closing lower by 264 points on Wednesday Bank Nifty made a new lifetime high of 49974.75 on 30th Apr 2024 from the lows of 16116.25 made on 24th March 2020 On 08th May: Bank Nifty triggered our short trade and completed 2 targets doing 240 points For 09th May: Sustaining above 48210 can move towards 48325 - 48460 - 48810, SL 48080 Sustaining below 47835 can move towards 47720 - 47580 - 47230, SL 47965 (One should ideally look to exit near the 2nd target once the trade is triggered) In the Previous We ..read more
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Nifty Outlook for 09th May
simplytradestocks
by
2d ago
 In the previous session: Nifty went down by 117 points then went up by 66 points before closing exactly flat at 0 points on Wednesday  Nifty made a new lifetime high of 22794.70 on 03rd May 2024 from the lows of 7511.10 made on 24th March 2020 On 08th May: Nifty triggered our short trade and completed 2 targets doing 65 points  For 09th May: Sustaining above 22355 can move towards 22385 - 22420 - 22510, SL 22315 Sustaining below 22250 can move towards 22220 - 22185 - 22090, SL 22290 (One should ideally look to exit near the 2nd target once a trade is triggere ..read more
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Bank Nifty Outlook for 08th May
simplytradestocks
by
3d ago
  In the previous session: Bank Nifty went up by 128 points then went down by 681 points before closing lower by 609 points on Tuesday Bank Nifty made a new lifetime high of 49974.75 on 30th Apr 2024 from the lows of 16116.25 made on 24th March 2020 On 07th May: Bank Nifty triggered our short trade and almost completed all targets doing 500 points For 08th May: Sustaining above 48475 can move towards 48590 - 48720 - 49070, SL 48345 Sustaining below 48095 can move towards 47980 - 47850 - 47500, SL 48225 (One should ideally look to exit near the 2nd target once the trade ..read more
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Nifty Outlook for 08th May
simplytradestocks
by
3d ago
 In the previous session: Nifty went up by 56 points then went down by 210 points before closing lower by 140 points on Tuesday  Nifty made a new lifetime high of 22794.70 on 03rd May 2024 from the lows of 7511.10 made on 24th March 2020 On 07th May: Nifty triggered our short trade and completed all targets doing 145 points  For 08th May: Sustaining above 22350 can move towards 22380 - 22420 - 22510, SL 22315 Sustaining below 22250 can move towards 22220 - 22185 - 22090, SL 22285 (One should ideally look to exit near the 2nd target once a trade is triggered ..read more
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Bank Nifty Outlook for 07th May
simplytradestocks
by
4d ago
  In the previous session: Bank Nifty went up by 329 points then went down by 139 points before closing lower by 28 points on Monday Bank Nifty made a new lifetime high of 49974.75 on 30th Apr 2024 from the lows of 16116.25 made on 24th March 2020 On 06th May: Bank Nifty opened near our 2nd long target and did not give a trade. Post that Bank Nifty traded sideways . Had shared revised levels on telegram post pre open based on which Bank Nifty triggered our short trade and completed 2 targets For 07th May: Sustaining above 49065 can move towards 49170 - 49290 - 49610, SL 4 ..read more
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Nifty Outlook for 07th May
simplytradestocks
by
4d ago
 In the previous session: Nifty went up by 112 points then went down by 66 points before closing lower by 33 points on Monday  Nifty made a new lifetime high of 22794.70 on 03rd May 2024 from the lows of 7511.10 made on 24th March 2020 On 06th May: Nifty opened near our 2nd target and did not give a entry. Had shared revised levels  post opening on telegram according to which short got triggered and we completed 2 targets doing 60 points  For 07th May: Sustaining above 22490 can move towards 22520 - 22550 - 22640, SL 22455 Sustaining below 22395 can move t ..read more
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Bank Nifty Outlook for 06th May
simplytradestocks
by
6d ago
  In the previous session: Bank Nifty went up by 376 points then went down by 570 points before closing lower by 307 points on Friday Bank Nifty made a new lifetime high of 49974.75 on 30th Apr 2024 from the lows of 16116.25 made on 24th March 2020 On 03rd May: Bank Nifty opened near our 2nd long target and did not give a trade. Post that Bank Nifty reversed to trigger our short trade and completed 2 targets doing 200 points and exceeded it further by 180 points For 06th May: Sustaining above 49095 can move towards 49200 - 49320 - 49640, SL 48975 Sustaining below 48755 ..read more
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Nifty Outlook for 06th May
simplytradestocks
by
6d ago
  In the previous session: Nifty went up by 146 points then went down by 300 points before closing lower by 172 points on Friday  Nifty made a new lifetime high of 22794.70 on 03rd May 2024 from the lows of 7511.10 made on 24th March 2020 On 03rd May: Nifty opened above our 2nd target and did not give a entry. Post that Nifty reversed to trigger our short trade and completed all targets doing 145 points and exceeded it by 100 points For 06th May: Sustaining above 22525 can move towards 22560 - 22595 - 22690, SL 22490 Sustaining below 22425 can move towards 2239 ..read more
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