SWING TRADING IDEA FOR 3RD MARCH 2017. HUGE OPEN INTEREST BUILD UP IN THE STOCK IS ALSO A SIGN OF A REVERSAL WHICH MUST BE REPRESENTED BY SOME SORT OF TECHNICAL PATTERN. IN BPCL I HAVE OBSERVED A BULLISH GARTLEY WHICH IS QUITE SUITABLE FOR A STOCK WHICH IS BULLISH ON LONG TERM CHARTS. SO
Read MoreBANKNIFTY FUTURES NOW LOOKING QUIETLY OVER VALUED AS WE ARE EXPECTING SOME PROFIT BOOKING AT 21000 AND 20900 LEVELS. MEDIUM TO LONG TERM BIAS SILL VERY POSITIVE AS WE HAVE ALREADY NOTICED HUGE ROLLOVERS IN NIFTY AND BANKNIFTY FEB SERIES. NOW FOR INTRADAY TRADERS AND SHORT TERM TRADERS ITS GOING OUT TO BE A SELLING
Read MoreI HAVE SELECTED A PSU BANK FOR THE COMING MONTH SERIES . UNION BANK MARCH SERIES SHOWING SOME OPEN INTEREST BUILD UP IN FUTURES POSITIONS. SO BUY ON DIPS AROUND 145 WITH STRICT STOP LOSS AT 140 CLOSING BASIS FOR THE RESPECTIVE TARGET OF 160 IN THE COMING DAYS.
Read MoreBUY JET AIRWAYS AROUND DIPS 375-77 WITH STOP LOSS AT 365 FOR THE TARGET OF 395. LONG BUILD UP OF OPEN POSITIONS SEEN IN MARCH SERIES.
Read MoreNTPC HAS FORMED DOUBLE BOTTOM REVERSAL PATTERN WHICH CAN BE MEASURED ON MONTHLY CHARTS. VOLUMES ALSO SATISFYING THE CRITERIA. SO BUY THIS SCRIPT NTPC FOR MINIMUM 2-3 MONTHS TIME HORIZON YOU CAN SEE 200 LEVELS +++ IN IT.
Read MoreUPDATED FOR 5TH DEC.2016 BUY NIFTY FUT DEC SERIES AT AROUND 8100-8130 WITH STOP LOSS AT 8050 FOR THE RESPECTIVE TARGETS OF 8200-8220..NIFTY LOOKS LIKE IN FIFTH WAVE FORMATION. SHORT TERM INVESTMENT IDEA FOR MEDIUM HORIZON TRADERS BAJAJ AUTO WOULD BE MY NEXT BET FOR MEDIUM TERM HORIZON. AS THE STOCK PRICE ON WEEKLY FORMATION
Read MoreTHESE RECOS ARE ONLY IF NIFTY STARTS THE DAY ON A POSITIVE NOTE AND FOR AT LEAST ONE HOUR SUSTAINS THERE. Buy ibuls hsfg at 790 sl 775 tgt 800- 809- 815. Buy bharat fin at abv 805 sl 790 tgt 818 Buy bpcl sl 632 tgt 660 and 680. Buy canbk abv 293 sl
Read MoreAS BANKNIFTY LOOKING TO MELT SO THE SAME WITH NIFTY AS WELL .NOVEMMBER SERIES 2016. SELL NIFTY AT RISE AROUND 8600- 8650 SL 8750 CLOSING BASIS FOR THE TARGET OF 8300. THESE ARE SPOT LEVELS .
Read MorePOSITIONAL TRADE IN IFCI FOR OCT AND NOV SERIES 2016: SELL IFCI AT 27 SL 28.50 TARGET 22.80..
Read MorePOSITIONAL TRADES FOR MEDIUM TERM TRADERS:FOR OCT AND NOV. SERIES 2016. A HEAD AND SHOULDER PATTERN FORMATION IN BANKNIFTY INDEX IS REFLECTING A MEDIUM TERM DOWNWARD MOVE IN THE INDEX. IT MAY BE A 1000 TO 1500 POINTS MOVE FROM HERE… OTHER TECHNICAL INDICATORS ARE ALSO SUPPORTING THE SAME. SO FROM HERE SELL BANKNIFTY ON
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