RajendraNayak

RajendraNayak Updated 

Finally on 26th October, Nifty broke downside from the tight range of 11820 and closed below it confirming the bearish move. Below are trade plans for 27th October. 1. Any move towards 11800 and sustaining below 11800 is a good shorting opportunity for target of 11740 with SL of 11820. 2. Sustaining below 11740 will give bearish signal for target of 11670 with...

RajendraNayak Updated 

Fall on 26th October below 24200 and closing below that confirms the BN to be in bearish to sideways move. Below are the trade plans. 1. Open below 24200 is a good shorting opportunity with SL 24250 for target of 23900. 2. At 23900, Market may try to find support. If sustains above 23900, good opportunity for going long with SL of 23850 for a target 24190 3....

RajendraNayak Updated 

After giving breakout on 19th October at 24208, BN future is now consolidating for last 5 days. It might be accumulation or distribution before next move. Here are trade Plans for 26th October. 1. Short BN below 24425 for target of 24208 with SL 24550 2. If Market gives gap up, and could not hold 24800, That is a good shorting opportunity with SL of 24900 for...