looking at the indices and sectorial stocks kotak and hdfc dragging , while all others pulling it higher , icici still has a 10% upside left while sbi will follow and will keep on making a higher high.
yes bank may consolidATE as like axis bank .
Indusind will approAch new LTH .
and sooner or later hdfc will come into picture to keep the show GO ON !
We can expect the market to go any side from here.
So let us be cautious with a strict stop loss.
Buy Bank Nifty Futures 30 AUG 18 when the 15 min candle closes above 27900
Sell Bank Nifty Futures 30 AUG 18 when the 15 min candle closes below 27760
Keep Stop loss and trail stop loss profit booking as per your calculations!
Guys today was RBI Policy Announcement Day and its pretty volatile day. But YSG Magic Levels gave a very clear signals and we made really good trades.
If you have any questions and comments please feel free to post on the comments and we will reply.. Enjoy
the stock i personally feel bearish but yet just to mention levels and to remember them placing the idea here so as i can revisit and keep a check of what is going right and vice versa!
1: HDFC Bank Monthly, Price making higher high
2: RSI hitting Making lows
3: Safe until stock breaks 8 EMA (Not in the pic) on Monthly closing basis. Short term investors can tighten their trailing stops
I AM bearish on the overall tyre sector upto MONDAY 16/04 ...& certain levels AS it has given a good run already and should take a pause , correct a bit , retest levels , and then can climb high ! OVERALL THE RAW MATERIALS REQUIRED , SHOULD BE KEPT CLOSE EYES ON !!
As per daily chart in ICICI BANK Bears phase cycle is on swing with the negative impact of both Fundamentally on sector wise and as well as Technically. But as Fight Continue from Swing high of 307 Bears Attacked on Bulls with Three Consecutive Drag down Round upto 295 levels and Bears have More Power to Beat Bulls to the level 276.50 and more below 262 Levels...
