The falling ViX is troubling. VIX is a symbol of stability in volatility but people mistakenly take it as a sign of bullishness. It is actually a sign of indecisiveness wherein the traders do not have a clear idea about the trend. The stability in currency is short-lived as interest rates are moving above 1.4 Std Deviation. The idea is to be cautious in creating positional long traders.
It's better to be wrong than negative.
Nifty. Support is placed at 18650 and resistance at 19k
It's better to be wrong than negative.
Nifty. Support is placed at 18650 and resistance at 19k
Today Bank Nifty Prediction
BankNifty. 42800 is support and resistance at 43600
Remember to make use of our Today Bank Nifty Prediction and be a part of money making group on a daily basis.
Tight risk options play can short bank nifty in the first half of the day to gain good profit. Major action will be seen in the last half hour of the market.
Nifty 18700 8th Dec put 90 to watch as support here on a daily closing basis if 99 holds then this call can bounce upside towards 120/140
A nifty co-relation with Gujrat election outcome after Gujarat election result if nifty does not close below 18480 spot levels then market remains bullish till Dec end and move gets extend more upside if we close below 18480 after Gujrat election out then we may fall downside towards 18000—17800 zone CMP 18697.
How many banks are listed in the NIFTY Bank Index?
- SBI.
- HDFC Bank.
- Kotak Mahindra Bank.
- Federal Bank.
- Bank Of Baroda.
- ICICI Bank.
- Indusind Bank.
- Axis Bank.
So, you need to make sure that you keep track these banks if you want to trade in Bank Nifty and if tracking is difficult for all than you must track HDFCbank, ICICIbank, Kotak bank, Axis Bank and SBI to get a correct perspective that how the market is going to perform.
