Nifty is looking to hold its multi year support trend line at 11200-250 levels.Also , has formed a bullish gartley pattern which yet needs to get confirmed if it get closed above 11300 levels.. Minimum target potential looks to be at 11400 and may be we may see some profit booking on those levels ..
Read MoreBank of baroda has formed a bullish gartley pattern in an uptrend , which is quite favouring the bulls.So accumulate on dips at around 180-178 with a stop at or below 175 closing basis upside momentum looking to test 185-188 levels. Here is the snapshot.
Read MoreLOTS OF IF AND BUTS GOING ON IN THE MEDIA AND FOR POLITICAL PARTIES TODAYS NIGHT IS GOING TO BE LIKE A NIGHTMARE FOR SOME OF THE POLITICAL PARTICIPANTS. HERE I AM NOT TRYING TO PREDICT THE ELECTION RESULTS BUT AS STOCK MARKETS IS ALWAYS ACT LIKE A MIRROR FOR THE MAJOR EVENTS, THATS WHAT
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
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