I’ve had a delayed start to my day today…
From the comments posted, I presume that there is a problem with Blogger, so I hope all goes through well.
Anyways I’ll keep posting the market action as I see it from now on.
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11.34
Description : Buy Axis bank
Cost : 1197
Sl : 1187
Target : 1211, 1233.
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12.45
Axis bank at target 1. @ 1211 now.
Book out 50 % and bring SL of balance to cost at 1197.
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12.56.
24 points above my buy point in Axis bank, my broker is asking me to look at Axis bank,now at 1220 for a buy spot.
I told him to check Vtrender. We called it at 11.34. LOL.
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13.27
Axis bank @ 1227 and running into resistance a little before our 1233 level.
I suggest booking these 30 odd points we have made here as the larger market is also at resistance.Those who want to hold can do so with SL below 1210.
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14.31
Nifty spot struggling at VAL 4957 for past several mins.
Odds of a move down increasing. Watch on at 4926 NF for a confirmation.
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15.29
A very noisy last 30 mins of trade.More often than not it is designed to take out a few technical analyst presumptions or to ramp up volume in a dull day.
In Mp it is the least important of all the other half hour time frames.
Hope you had a good day.
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