
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens

Above is Daily Chart of Bank Nifty
On Friday ,We had Boldly written :Below 12654 level………….Bears will have Upperhand.
Just see it crashed to kiss low of 12471 level and closed at 12504 level.

Yes ,below 12654 level ,Bears will have Upperhand.
In PANIC it can slide to kiss 12303—-12187 level.
Today if Breaks low of Friday with volumes and stays below for 15-20 minutes then ???
Target :12432———-12404 not ruled out.
Today’s Hurdle at 12565————–Crossover will take to 12621–12640 level.
-3rd Session ……………(Wednesday will see Unexpected level ) Yes ,+ or 1 one day not ruled out.
From 10904 to 12769 level. (We think 25 Bps Cut already done )
If Rate Cut is not happening then Bank Nifty will become TITANIC -Open Challenge !!
If 50 Bps cut is out then………………Bank Nifty will zoom to kiss 12975—–13100 level.
-More Details ,Intraday levels to our Subscribers.

2251—————–2229 are Support levels.Yes ,Break below 2229 with volumes and trades for 15 minutes then ??
PANIC upto 2161—2139 not ruled out.

We see Rally upto 720——-730 level.Now Once it will cross and trades above 730 with volumes then ??
Target :759–769 not ruled out in hrs only.Don’t Panic @ lower levels.

Below 349 level if trades with volumes…………………then ??We see SLIDE upto
337—334 level in panic.(Yes in Panic will Buy )

Major Support @ 1124 level.If Breaks with volumes and trades for 15-20 minutes below this level then ???
Target :1086———————–1073 level.
Now ,Suppose not breaks low of Friday ( 1127 )and remains above 1130 will take to 1142——1145————–1153—-1156 level.

236——————–234.50 are Support levels.Once Breaks 234.50 with volumes and stays below for 15 minutes or more then ??
Watch PANIC upto 230—228.50 !!

We Love…………………………KOTAK ,LIC ,HDFC (Yes ,Kotak & HDFC are Mover & Shaker of Bank Nifty )
Will Update More to our Subscribers
Updated at 7:29/29th April/Baroda/India