Nifty : The short call given on nifty given near 11700 and again near 11420 with target of 10620 is almost hit, now we initiated longs yesterday when nifty was trading near 10640-50. The nifty moved sharply and hit 10862 recovering almost 225 points from our entry. Further, after tweets from US President Trump and announcements made by FM Nirmala Sitharaman after market hours it looks tricky to take a call either side. Better trade long till nifty is above 10775 and add more above 10910. Below 10775 we can witness retesting of 10650-600 and below that 10450 to 10250.Above 10910 target will be 11080-200-400
Nifty Fin Service : Short was advised near 13200 in our post dated 20 July, 2019 for targets of 12300, The indices fall more then our prediction and hit 11831 completing 50% retracement of previous upmove from 10029 to 13881 during Friday session. Now its time to trade long till this low breaches again. Trade long for 12200 to 12450-500 in coming sessions.
Bank Nifty : Chart is still not suggesting any buy but due to changed fundamentals you can add Bank nifty above 27100 for 27600-900 to 28450. Below 26800 target will be 25800-400
Nifty Fin Service : Short was advised near 13200 in our post dated 20 July, 2019 for targets of 12300, The indices fall more then our prediction and hit 11831 completing 50% retracement of previous upmove from 10029 to 13881 during Friday session. Now its time to trade long till this low breaches again. Trade long for 12200 to 12450-500 in coming sessions.
