CARRY BUY BANKNIFTY FUT AS PER SPOT LEVELS
BANKNIFTY SPOT CMP 9970-90 BUY 50% HERE
BAL ADD MORE IF DIP NEAR 9900-9930 OR TRADES ABOVE 10110
STOPLOSS 9820 TGT 10250-260 / 10320-350 / 10480-520
THERE IS A BULLISH AB-CD PATTERN & BULLISH BAT PATTERN ON 30 MINS CHARTS
WHERE D = 5207 NIFTY SPOT
GO LONG AT CMP 5240-50 NIFTY SPOT ADD MORE IF DIPS
STOPLOSS 5200 TGT 5350-60 / 5430-5450 / 5480-5520
ALL ABOVE NIFTY SPOT LEVELS
YESTERDAY WE CLOSED BELOW 50 DAY MOVING AVG I.E 5271
HOWEVER IF WE MANAGE TO CLOSE ABOVE 5279 WILL BE A BULLISH SIGN
BREAK AND SUSTAIN BELOW 5200 NIFTY SPOT
SUPPORT COMES AT 5155 AND 5070
MILD BULLISH
HEADING FOR 5450-5520 LEVELS IF HOLD AND SUSTAIN TODAYS' LOW 2MORROW
IF SUSTAIN RIGHT SHOULDER WILL BE FORMED
CLOSE ABOVE 5500 WILL RALLY 200-300 POINTS
WE LIKE PANTALOON TILL HOLD AND SUSTAIN 150 (200-220) & EROSMEDIA (220-240-270)
REFER CHART FOR BULLISH HEAD & SHOULDER PATTERN
EVEN BULLISH WW PATTERN HOURLY CLOSE ABOVE 5320-5325
ABN STOCKS & TRADING IDEAS
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Advisory Services
August 2009 - Present
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Kotak Securities Ltd.
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January 2006 - Present
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