Nifty & BankNifty 11 August 2021

Good Morning,

My today Nifty & BankNifty view...Please watch levels. If anyone takes a trade-in index, then book a small profit (1:1) as per digestion. Both sides move comes.  

Remember:

1. The market is supreme.
2. My view also wrong.

Still, My same opinion if you have patience then....focus on the cash stocks market...7-15 day's hold and booked good and safe profit.

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Nifty: 

Market ATH Little bit of correction comes there only buying opportunity but buying on a correct level. Today's levels 16200 and 16150 levels are Important.

  

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BankNifty

BankNifty...Same...Giving Surprises...Where breakout/breakdown.....so wait...😅😅😅 for a perfect level. 

Scenario 1: BankNifty Upside 36200 levels are important if breakout then continue rally in upperside and comes 36300-36400-36500 levels and continue bullish movement built-up for 37000-37100 in upcoming days.

Scenario 2: BankNifty 35800-35900 levels are important if breakdown then a little bit downside and comes 35700-35600-35500 levels. 

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Focus on Learning Stocks: 

1. Eicher Motors
2. TCS
3. PEL
4. ACC ltd
5. Dabur

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Positional cash stocks update later.