NIFTY PSU BANK possibility...
RANGE-6050 TO 5980 SUPPORT-5900 UP SIDE-8000 TIME-FRM 6 TO 8 MONTHS...
NSE:MAXINDIA old support is now Resistance stand positive in negative market but with less vol. may fall from 65 66 if close above 65 then we may see 72+ or one can short near 65 for 60
Bank nifty looks weaker than Nifty as it has crossed all major moving averages,nifty is still over 50 DMA. Last support is seen at 26700 which should hold well. SBIN looks very Bearish, Fresh short positions have been created in KOTAK. 20 point downside in HDFC Bank till it touches 100 DMA. ICICI Bank should get support at 400 levels, if it doesnt will drag bank...
In the last session nifty has dropped below 200/20 Day moving average. Candle which was formed when corporate tax was lowered has already been challenged and price is below the high of that candle. Nifty has good support at 11100 which coincides with 50 DMA as well. In case price consolidates around that level then nifty can be brought.
MACD hidden bearish divergence at 108
i can see more down fall from titan and expecting to touch the gap
coming weeks we can see 180 from ibulhouse
Friends, on RBI Policy day today, when most experts on TV advice not to trade, 4% plus gains were achieved today in a single Intraday trade (Indiabulls Housing Short) for which specific entry & exit points were given during market hours (Link Attached). Apart from this, Intraday Sell View was also given on VIP Industries which also went on to hit the given target...
Friends, on RBI Policy day today, when most experts on TV advice not to trade, 4% plus gains were achieved today in a single Intraday trade (Indiabulls Housing Short) for which specific entry & exit points were given during market hours (Link Attached). Apart from this, Intraday Sell View was also given on VIP Industries which also went on to hit the given target...
Friends, on RBI Policy day today, when most experts on TV advice not to trade, 4% plus gains were achieved today in a single Intraday trade (Indiabulls Housing Short) for which specific entry & exit points were given during market hours (Link Attached). Apart from this, Intraday Sell View was also given on VIP Industries which also went on to hit the given target...
Friends, on RBI Policy day today, when most experts on TV advice not to trade, 4% plus gains were achieved today in a single Intraday trade (Indiabulls Housing Short) for which specific entry & exit points were given during market hours (Link Attached). Apart from this, Intraday Sell View was also given on VIP Industries which also went on to hit the given target...