Position Update : 22nd Nov & 19th Nov

*** INTRA-DAY TRADES **** Buy BN abv 12140, sl 12080, tgt 12200/ 12260TGt 1 doneBuy Bank Nifty 12239, sl 12170/ tgt 12300/ 12400.Sl of 12170 taken Buy Mini at 5992/ sl 5940 tgt 6091.Positional trade.Sl of 5940 taken the next day Nifty total points : points.Bank Nifty : points. ———————————————————————— *** NEW TRADES *** ———————————————————————– […]

Nifty closes up

Open House Update : I’ve just issued all the passwords for the Open House tomorrow. Please check your mail for all instructions to log into the Trading room tomorrow. The Nifty and the Bank Nifty today did a good job of closing above value area high from friday.Though price was with the buyers all day […]

short term reversal

At the time of this post, the Nifty future is at 5954 currently above 5939 which is not just Value area Low but also a previous support and a break-down point from Friday afternoon’s session. Staying above 5939, this market should target 5974 and then 5996 where the market would find resistance as Shai Pointed […]