Bank Nifty Traders
Use the levels marked in blue for next week’s action points. One can initiate/ close/ increase/ decrease positions at each of the mentioned levels in blue horizontal lines. A breakdown below 10509 will bring 10383/ 10286/ 10146.
Trade Alerts : 29th Jan
*** INTRA-DAY TRADES *** * Sell BankNifty 10630, sl 10680, tgt 10570/10530Tgt 1 done+ 60 *** OPEN TRADES *** * Buy 5600 PE at 138, sl 111, tgt open.Booked part at 175. Sl at 138 for the balance.+ 38 ***Total points for the Day : Mini Nifty :Nifty :Bank Nifty : 60Option :38 ***Cumulative points […]
Profile charts for 31st jan
Nifty : BankNifty :
Nifty Breaks it’s 2 week balance
In my Last post I had mentioned that the noise around the settlement day was not clinching evidence to signal a change of trend but to quote from that post again ” Sometimes what didn’t happen has more implications than what actually occurred.” The open was crucial as a follow up to that afternoon’s move […]