BankNifty Spot View For: 21/07/2022Cmp: 36182.75Support & Downside Range: 35875—35775 zone, 35527--35325Resistance & Upside Range: 36315—36565 zone, 37200Short Term Trend Reversal Level: -- downside 33000Trading View: ahead of weekly expiry key ...
Dear Smart Investors, Greetings !! We are a SEBI regd Investment Advisory Services and we do provide Free updates on Website to spread Financial Education. New articles have been published on Indian-Share-Tips.Com. Do check our Best Bank Nifty Option Tip for Intraday which gets you Daily Profit with a small capital of Rs 10,000. You can visit at https://www.indian-share-tips.com/2009/09/best-nifty-future-tips-100-guaranteed.html Speak to Analyst at 09988877963 or send an email at Support@Indian-Share-Tips.Com and You will Listen from us in less than 3 hours. Please Click on Below links given out of this black border box to access latest updates. Regards Indian-Share-Tips.Com 9988877963 | | BankNifty Spot View For: 21/07/2022Cmp: 36182.75Support & Downside Range: 35875—35775 zone, 35527--35325Resistance & Upside Range: 36315—36565 zone, 37200Short Term Trend Reversal Level: -- downside 33000Trading View: ahead of weekly expiry key support to watch is 35875 spot till bank index trading above this levels it can try for 36315 minimum and max 36565 spot level whereas break below 35875 Nifty Spot View: 21/07/2022Cmp: 16520.85Support & Downside Range: 16480—16414—16307--16220Resistance & Upside Range: 16590—16610 zone , 16640—16720 zoneShort Term Trend Reversal Level:-- downside 15800Trading View: Nifty has reached to its upside band of the rising channel which is near 16600—16640 around for intraday prospective till nifty spot trading above 16480 it bulls may try to touch once Probable reason for fall?Key reason seems to be "Flight to safety" due to economic and Ukraine led uncertainties. Wherein, investors appears to be moving their money out of non-US economies to US.Silver lining: Unlike the previous such like situations, this time the fall in Rupee has been relatively less than most other comparable currencies. The reason could be India's stronger Nirmala Sitharaman has taken some tax back on loose articles but the way food articles are being taxed, inflation will hit the roof.Making profit is easy with our Bank Nifty option tip on a daily basis. ITC is a FMCG stock and these type of stocks does well during high inflationary environment.Make daily profit using our Bank Nifty option tips as we tend to trade less but trade accurately. All eyes on US Fed meet which will provide impetus to world market.What a rally we had. We are now in over bought category and not the day for fresh buying. The only 2 sectors which still have open updides are Auto and MidCap IT. Data suggests continuous short covering and should continue today also. Yesterday we got the dip which was bought into and same is expected today. Incase we go below | |