About meI am neither professional nor a registered analyst with SEBI or any other body, I read price and time charts for my own study and may or may not take any position on any of them.
If you trade my calls ....risk is all yours
NSE:KOTAKBANK printed a bearish pinbar which shows profit booking at its all time high.... looks like it will retrace before breaking its high......So i will Go short around 1125 tomorrow......Contra trend trade..not for faint hearts ;).
NSE:BANKBARODA has a resistance around 146 ... it has printed a bearish pinbar .....will look to short tomorrow above 142 for first trgt of 136. with stop loss 147... once it closes below 132 ... get ready for free fall
NSE:M_M printed Bearish Pinbar Around 742 ...which is now acting as a turning point ...my bias is negative (as i can see 2 bearsih pinbars back to back)... i will go short around 742-745 with stop loss of 752-755 for first target of 720...
NSE:INFY is unable to close above 1190 and facing resistance....today also it has printed a bearish pinbar....i will look to short tomorrow..around 1185-1190 with stop loss of 1200 for immidiate target of 1150.