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POSITIONAL TRADE IN ICICI BANK FUTURES BUY@517 STOP@500 TARGET-1@532 TARGET-2@541 TARGET-3@550 QTY=1375 icici bank 520 call option trade buy@16 stop@10 target-1@21 target-2@25 target-3@30 qty=1375 NOTES:- -ICICI BANK ON WEEKLY CHART HAS SHOWN US IN THE PAST THAT -WHENEVER THEY CROSS AND CLOSE ABOVE 510 THEY HAVE GONE ON TO TEST THE HIGH OF 550-553 -IT CAN BE...

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INDEX SUMMARY -BANKNIFTY IS CREATING BASED FOR UPSIDE EXPANSION -BANKNIFTY HAS TRADED IN A RANGE OF 550 POINTS -FIRST LOW OF 30270 FOLLOWED BY A LOW OF 30340 -CRUCIAL RESISTANCE IS PLACED @30850 -CRUCIAL SUPPORT IS PLACED @30200 -WAIT AND WATCH APPROACH -RALLY CAN EXTEND TO 31080-31150 BANKNIFTY RESISTANCE FOR THE DAY 30620-30870-31150( FUT ) BANKNIFTY SUPPORT...

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BAJFIN FUTURES LOOK GOOD ON THE UPSIDE POSSILBE INSIDE BAR BREAKOUT RALLY CAN INTENSIFY IF A CLOSE ABOVE 4915 IS ACHIEVED IN 30-MIN/1-HR TIMEFRAME BAJFIN FIN DEC FUT BUY@4870 STOP@4830 TARGET-1@4915 TARGET-2@4935 TARGET-3@4965 QTY=250 BAJFIN 5000 CALL OPTION TRADE BUY@135 STOP@110 TARGET-1@150 TARGET-2@160 TARGET-3@170 QTY=250

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INDUSINDBANK FUTURES TRADE BUY@933.5 STOP@924 TARGET-1@943 TARGET-2@950 TARGET-3@958 QTY=800 INDUSINDBANK 920 CALL OPTION INTRADAY BUY@56 STOP@50 TARGET@62-65

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ITC FUTURES TRADE BUY@212-13 STOP@203 TARGET-1@217 TARGET-2@225 TARGET-3@230 QTY=3200 ITC CALL 210 CALL OPTION BUY@8 STOP@4 TARGET-13 QTY=3200 NOTES:- ITC IS BREAKING A CRUCIAL RESISTANCE OF NEARLY 8 MONTHS IT OPENS UPSIDE TO LEVELS OF 225-230 IF THAT IS BREACHED A LEVELS OF 240-250 CAN BE EXPECTED IN SHORT-TERM

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BANDHAN BANK DEC FUT BUY@414-415 STOP@397 TARGET-1@428 TARGET-2@439 TARGET-3@446 QTY=1800 BANDHAN BANK 440 CALL OPTION TRADE BUY@12 STOP@8 TARGET-1@16 TARGET-2@19 TARGET-3@23 QTY=1800 -STOCK IS BREAKING FROM ITS BULLISH FLAG PATTERN -HOURLY CHART TIME-FRAME -UPSIDE POTENTIAL IS EVEN HIGHER -WEEKLY CHART THERE IS SYMMETRICAL TRIANGLE BREAKOUT -SUGGEST PRICE...

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NIFTY FUTURES SWING TRADE SHORT@13450 STOP@13480 TARGET-1@13410 TARGET-2@13370 TARGET-3@13330 QTY=300 -INDEX MIGHT CORRECT FURTHER -A GOOD RISK-TO-REWARD RATIO FOR OUR TRADE -MANAGE YOUR RISK -KEEP TRAILING YOUR STOP -WE ARE GOING AGAINST THE MARKET TREND

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INDEX SUMMARY -CONSOLIDATION IN BANKNIFTY INDEX IN LOWER-TIME FRAME(15-30 MIN) -RANGE IS FROM 30150-30450 -IF INDEX CLOSES ABOVE 30450 IN 30-MIN TIME FRAME -WE CAN EXPECT SHORT-COVERING AND A SHARP RALLY TOWARDS 30700 -IF 30150 IS BREACHED WE CAN EXPECT A WILD CORRECTION TO 29920 -WAIT AND WATCH APPROACH BANKNIFTY RESISTANCE FOR THE DAY 30200-30580-30780( FUT...

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POSITIONAL TRADE IN BAJAJFINSV FUTURES BUY@9000 STOP@8930 TARGET-1@9120 TARGET-2@9180 TARGET-3@9240 QTY=125 -STOCK HAS RETESTED THE BREKAOUT ZONE -SWING PATTERN SUGGEST A FRESH RALLY STARTS ABOVE 9280 -IF WE ARE ABLE TO CATCH THE SWING LOW AND THE SWING OF 8940 IS TRUE -THEN WE SHALL SEE A DECENT UPSIDE BEFORE THE BREAK OF SWING HIGH OF 9280 -IF THAT HAPPENS...

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INDEX SUMMARY -SGX NIFTY IS SHOWING A 40 POINT POSITIVE START -INDEX IS TRADING ABOVE 13400 HEAVILY OVERBROUGHT -MINOR RESISTANCE DEVELOPED AROUND 13465(FUT) -YESTERDAY WE SAW FIRST SIGNS OF EXHAUSTION -13500 WILL BE SEEN AS A CRUCIAL RESISTANCE ZONE CAN SEE SOME SELLING PRESSURE -BE STOCK SPECIFIC IN INDEX STOCKS -RELIANCE CAN PROVIDE SOME FRESH BOOST...

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RELIANCE POSITIONAL TRADE BUY@2215 STOP@1975 TARGET-1@2055 TARGET-2@2090 TARGET-3@2130 QTY=505 RELIANCE IS LOOKING GOOD ON THE UPSIDE NOW IF WE SEE A CLOSE ABOVE 2050 ON DAILY BASIS THE STOCK CAN ENTER INTO A BULLISH RANGE OF 2050-2178 HAVING A MINOR HURDLE AT 2095 STOCKS HAS CAPTURED ITS 20-EMA TODAY LOOKING GOOD ON THE UPSIDE

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SWING TRADE IN INDUSIND BANK BUY@920 STOP@897 TARGET-1@940 TARGET-2@955 TARGET-3@969 QTY=800

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INDEX SUMMARY -SGX NIFTY IS SHOWING A 30 POINT POSITIVE START -INDEX HAS ALMOST ACHIEVED MY INITIAL TARGET OF 13340-13400 -I AM ISSUE CAUTION OVER HERE -ALL PRACTICAL TARGETS ARE REACHED -ALL WE CAN DO IS WAIT FOR A CONFIRMATION OF CONSOLIDATION OR BREACH OF SWING LOW PATTERN -CRUCIAL SUPPORT RISING FROM LOWER LEVEL IS PLACED AT @13290(13290-13260 DEMAND...

manavtechresearch

INDEX SUMMARY -BANKNIFTY HAS CREATED A NEW SWING HIGH INDICATING STRENGTH IN THE INDEX -NEW HIGH AND SWING LOWS ARE BEING CREATED -RELATIVE OUT-PERFORMANCE IS EXPECTATED FROM BANKNIFTY AS COMPARED TO NIFTY -ON HOURLY /30-MIN CHART WE SAW A BREAK ABOVE ITS ASCENDING TRIANGLE PATTERN -ANY DIP TOWARDS 30000-29920 IS WORTH BUYING IN BANKNIFTY -CRUCIAL...

manavtechresearch

INDEX SUMMARY -BANKNIFTY HAS CREATED A NEW SWING HIGH INDICATING STRENGTH IN THE INDEX -RELATIVE OUT-PERFORMANCE IS EXPECTATED FROM BANKNIFTY AS COMPARED TO NIFTY -ON HOURLY /30-MIN CHART WE SAW A BREAK ABOVE ITS ASCENDING TRIANGLE PATTERN -SWING HIGH OF 30190 IS TAKEN AFTER WE EXPECTED THE MARKET TO SUSTAIN ABOVE 29920 -IT WILL BE CREATED ONLY IF BANKNIFTY...

manavtechresearch

INDEX SUMMARY -SGX NIFTY IS SHOWING A 50 POINT NEGATIVE START -INDEX HAS ALMOST ACHIEVED MY INITIAL TARGET OF 13340-13400 -PLEASE NOTE BANKNIFTY INDEX HAS MORE LEG TO COVER AS COMPARED TO NIFTY -BANKNIFTY IS STILL 2000 POINTS AWAYS FROM ITS ALL TIME HIGH -WERE AS NIFTY IS 8% ABOVE ITS PREVIOUS HIGH ALL-TIME HIGHER -INDEX CREATING HIGHER SUPPORT -ONLY WORRY...

manavtechresearch Updated 

-BAJAJFINSV AFTER FEW DAYS OF CONSOLIDATION IS BREKAOUT OUT OF A ASCENDING TRIANGLE PATTERN -STOCK LOOKS GOOD ON THE UPSIDE -NEEDS TO SUSTAINS ABOUT 9000 -IF MANAGES TO DO ON DAILY CHART (CLOSES ABOVE) -WE CAN EXPECT EVEN HIGHER TARGETS -I WOULD SUGGEST TO RIDE THE TRADE WITH OPTIONS - FUTURES AS PER YOUR OWN RISK...

manavtechresearch Updated 

-STOCK ON HOURLY CHART AS MANAGED TO BREAK-OUT OF ITS BEARISH TRENDLINE -ON DAILY CHART ALSO STOCKS IS LOOKING TO BREAKOUT FROM ITS DESECENDING TRENDLINE -A CLOSE ABOVE 860 ON DAILY CLOSING BASIS IS ENOUGH FOR CONFIRMATION -IF THAT HAPPENS POTENTIAL ON THE UPSIDE IS TO TEST ITS RECENT HIGH OF 900-912 -ITS A HIGH BETA STOCK SO CAN EXPECT VOLATILTY -IF THAT IS...