Futures
CHANNEL/RECTANGLE(RANGE) BROKEN IN BANKNIFTY/SHORT ON PULLBACKSOME PULLBACK EXEPECTED TILL 27550 TOMORROW
IDEAL LEVELS TO GO SHORT ON THE INDEX
CHANNEL BROKEN /RANGE(RECTANGLE RANGE BROKEN)
SHORT@27550-575
STOP@27680
TARGET@27300
LOT:40
QTY:5
NOTE:LEVELS ARE AS PER CASH/SPOT RATE
PLEASE ADJUST IN FUTURES ACCORDINGLY
ASCENDING CHANNEL ON HOURLY CHART IN PSU BANK INDEXTHIS HOURLY CHART PANEL SHOWS CRUCIAL POINTS
THIS MEANS THAT THE INDEX HAS ACTUALLY TRADING IN A
RANGE WHICH IS VISIBLE IN STOCKS LIKE:-
SBIN,CANBK,BOB,BOI
IF YOU WATCH INDIVIDUAL CHARTS MKT MOVES FROM BOTTOM TO TOP AND SO FOURTH BUT CREATING GRADUALLY(HIGHER HIGH AND HIGHER LOWS)
TRENDLINE BREAK WILL TEST 3190-50
UPSIDE THERE IS CHANCE OF TEST 3350
BUY CANBK @278.5
STOP@273.85
TARGET@288
LOT:2000
QTY:1
BUY SBI @306
STOP@304.15
TARGET@311.5
LOT:3000
QTY:1
SWING TRADE IN HDFC SEPTEMBER FUTURES RESISTANCE BREAKOUT BUY@SWING TRADE IN HDFC
SEPTEMBER FUTURES
RESISTANCE BREAKOUT
BUY@1948
STOP@1930
TARGET@1970
LOT:500
QTY:2