Short Term: Buy Berger Paint above 569 Target 580 597+
Buy SBI Card @836 Targets 843.50 852 865+ DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. TradZoo and all individuals affiliated with us assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational...
Banknifty possible moves Bullish side today. We will see banknifty trade between 22050-22450 in today's session. Its fewer chances to break 22500 levels today but if breakout we will see a further quick rally towards the 22750+.
Today is weekly expiry so we are getting a big range in bank nifty. First half possible we will see banknifty trade between range bond zone. The market trend is still in positive side but due to expiry, we will see high volatility due to profit booking.
Today's levels are most similar to the last trading session. According to put-call ratio its showing overbought market. Trade cautiously today with strict stop loss. Possible we will see some profit booking in today's session.
Possible gap up opening in banknifty above 22500 levels. If banknifty able to sustain above this level then we will see upside move till next strong resistance level 23050. It's less possibility to break 23050 and might see the reversal from 23050. This is the profit booking level for our long trend and we will wait for breakout 23100 level for CE options and...
Today possible flat opening in Banknifty near the last closing. Banknifty will trade between 21500- 21450 range. If bank nifty trading above 22100 we can initiate long for 22450+ target.
According to the global market today we will see a gap up opening in banknifty but possible it will trade between 21550 - 21950 which is major support and resistance for banknifty. Breakout level is above 21150+ and breakdown level is below 21400. Disclaimer: All levels and calls provided here are our personal view. Take call according to your risk management....
Today possible banknifty open with 100-200 points gapdown. If banknifty trading below 21200 we will see more downside. If banknifty breakdown 20950 level then next strong support is 20550. We will bullish view only if banknifty trading above 21550 in the first half.
Intraday and Short term: Buy Hathway 42-45 SL 38.50 Target 59 69 76
According to the global market today we see a positive opening in banknifty above 21500 levels. But possible to take resistance of 22000 and reverse from this level. We only see positive movement in banknifty if trading above 22050 levels.
Possible in first half banknifty trade in sideways zone from 21750-22050. If banknifty break the 21750 levels then we will see 21550 immediate strong support if this also break then we will see 21250 to 21050 levels. We can initiate any option call either breakdown of 21750 or breakout above 22050.
Long Sunpharma Above 502 Target 512 535+ SL 598
Long Tech Mahindra above 605 for Intraday Target 635 and Short term target is 670+ with strict stop loss is 595. Here You will get 1: 7+ risk-reward. Disclaimer: This is my personal view. kindly take the advice from your financial adviser before initiating the trade.
We will see more move in Tata Motors Buy Above 109 for target 112 115 118
Today we will see positive opening above 22500 in banknifty and possible continue this rally up to 23050 levels. Its less possibility to break 23050 levels today and we will see some profit booking at this level. Banknifty will trade between 22350-22500-23050.
According to the global market and FIIs selling in possible bank nifty open in 100-200 points negative side. Important support for banknifty is 22500 if this support break it will take immediate support at 22350. Possible not break this support in today's session. Upperside 22950-23050 is strong selling zone. Today's session we will see banknifty trade between...