A bearish engulfing on the monthly chart for NIFTY 50....wr do u want to book it the 20 DEMA for monthly is around at 9600.
look fr a close above 946 levels and tgt fr 965-80 SL 910 close ..we have a new kumo bullish twist also
time to fill the gap in ICICI bank ..its been 4 month since the gap was created which was a runaway gap...time to catch tat runaway gap....but first things first look for a close below 310 area and bearish cloud twist.
SBIN sell on rise to fill the gap upto the tgt 255 levels...
Federal bank at important levels...100 being a strong support ...if it closes below it we cud see 90
Sell below 274.50 tgt 272-270 Call is based on dark cloud candle stick pattern.
HDFC bank buy above 1890 or if it closes above 1885 tgt 1900-1925 //////