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INDEX SUMMARY -BANKNIFTY FINALLY ABOVE 22720 AND CLOSE ABOVE IT -TOOK OUT PREVIOUS RESISTANCE AND RANGE OF 22120-22720 -BANKNIFTY LOOKS STRONGER THAN NIFTY FOR NOW -NIFTY INDEX TRADES ALMOST 2 S.D FROM ITS 200-EMA -BANKNIFTY IS TRADING BELOW ITS 200-EMA -BANNIFTY WILL SOONER OR LATER CATCH-UP -CRUCIAL SUPPORT NOW IS PLACED AT 22720 -CRUCIAL RESISTANCE COMES...

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INDEX SUMMARY -SGX NIFTY IS INDICATING A FLAT START -AS WE WERE CLOSED ON FRIDAY -IF INDEX DO GAP-UP WE ARE DONE WTH OUR POSITIONAL LONG TRADE IN NIFTY INDEX -V-SHAPE RECOVERY HAS BEEN SEEN -NIFTY HAS TWO CRUCIAL AREAS FROM WHERE I EXECPT MOVEMENT -NIFTY CRUCIAL SUPPORT WILL BE @11393 -NIFTY CRUCIAL RESISTANCE WILL BE @11450 -WAIT FOR DASH LEVELS TO BE...

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INDEX SUMMARY -BANKNIFTY AS DISCUSSED ON THURSDAY WE WERE ONLY INTERESTED IN BUYING -BOTH DASH TRADE GAVE GOOD RETURNS -NOW THE RANGE EXIST FROM 22120-22720 -BANKNIFTY IS BUY ON DIP IF WE SEE ANY CORRECTION -CRUCIAL SUPPORT @22120 -CRUCIAL RESISTANCE @22720 -WAIT AND WATCH APPROACH SCALP TRADE WITH DASH LEVELS BULL SCENARIO -IF INDEX TRADES ABOVE...

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INDEX SUMMARY -SECOND DAY IN A ROW BANKNIFTY WENT BELOW 21450 AMD BOUNCE BACK FROM LOWER LEVELS -BANKNIFTY IS TRYING TO FORM A BASE -TODAY IS WEEKLY EXPIRY SO I WOULD AVOID TAKING FRESH TRADES IN THE INDEX -BUT WE DO HAVE DASH TRADE FOR TODAY AS WELL -COMING BACK TO THE LEVELS 21800 IS ACTING AS RESISTANCE -SUPPORT IS PLACED AT 21450 -WE HAVE A SUPPLY ZONE...

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INDEX SUMMARY -SGX NIFTY IS INDICATING A 100 POINT GAP-UP -IF INDEX DO GAP-UP WE ARE DONE WTH OUR POSITIONAL LONG TRADE IN NIFTY INDEX -IF WE MAP THE FALL FROM 11599-10800 61.8% RETRACEMENT COMES IN AT 11294 -IT IS THE LEVEL WE FOUND RESITANCE YESTERDAY -IT IS ALSO THE AREA WERE ON HOURLY CHART THE 200-EMA IS PLACED -AS DISCUSSED CRUCIAL SUPPORT FOR MARKET...

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NIFTY TRADE IN OCT FUTURES BUY@10945 STOP@10745 TARGET-1@11055 TARGET-2@11155 TARGET-3@11245 TARGET-4@11325 QTY=450 NIFTY OPTIONS TRADE POSITIONAL TRADE FOR OCT SERIES 11200 CALL OCT OPTION TRADE BUY@160-165 STOP@55 TARGET-1@300 TARGET-2@350 TARGET-3@390 QTY=525 !!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!! !!TRADE ACCORDING TO YOUR RISK...

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INDEX SUMMARY -THREE TARGET IN POSITIONAL INDEX FUTURES TRADE HAVE BEEN HIT -AS EXPECTECD WE GOT TO OUR EXPECTED LEVELS SOONER THAN WE HAD THOUGHT -BUT THAT IS JUST THE WAY MARKET WORKS IT DOES NOT MATTER HOW FAST THE MARKET IS OR SLOW -I STARTED A NEW SEGMENT SCALP TRADE WITH DASH LEVELS WHICH WORKED PERFECTLY FOR BANKNIFTY AND NIFTY INDEX LEVELS YESTERDAY...

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INDEX SUMMARY -BANKNIFTY DASH TRADE MADE A PROFIT OF 280 POINTS ALMOST HIT 300 POINT TARGET -ANYWAYS BANKNIFTY IS THE AREA WHERE EXTREME SHORTS WERE MADE IN THE MONTH OF SEPTEMBER -WE ALMOST WENT DOWN BY 5000 POINTS -EXPECT MORE COVERING IN THIS INDEX FOR NOW -NOW THE MAJOR HURDLE WAS 22120 FROM THE MARKET BROKEN AND FELL 1600 POINTS SO IT WON'T BE EASY TO...

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INDEX SUMMARY -BANKNIFTY IS EXPECTED TO BE VOLATILE TODAY AS SUPREME COURT HEARING TODAY ON INTEREST ON INTEREST -NOW THE INDEX HAS ALRADY FACTORED THE WORST OUTCOME WHICH MAY RESULT IN NEGATIVE SENTIMENT FOR THE FINANCIALS TODAY -BUT NOT MUCH AS BANKNIFT HAS CRASHED MORE THAN 4800 POINTS FROM THE TOP -NOW IF HEARING GOES IN IN FAVOR OF THE BANKS OR THE...

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INDEX SUMMARY -SGX IS INDICATING A 70 POINT GAP-UP TODAY -LIKE WE HAD DISCUSSED ON THURSDAY AND EXECUTED LONGS WE ARE CARRYING NIFTY LONGS WITH "TSL" -WHAT IS VISIBLE ON HOURLY CHART IS THAT THE INDEX HAS CAPTURED ITS 20-EMA AGAIN WHICH IS A POSITIVE SIGN -WE ARE BACK ABOVE THE 11000 LEVELS WHICH THE BULLS WILL CHERISH -WE MAKING ATTEMPTS TO CLOSE THE GAP-DONW...

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RBL BANK OCT FUTURES TRADE SHORT@159.5 STOP@164.5 TARGET-1@154.5 TARGET-2@152 QTY=2600 !!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!! !!TRADE ACCORDING TO YOUR RISK PROFILE!! !!HAPPY TRADING!! !!PLEASE LEAVE LIKE!! !!FEEL FREE TO CLEAR DOUBT IN THE COMMENT SECTION!!

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INDEX SUMMARY -BANKNIFTY WAS IN TROUBLE AND CAN STAY IN TROULBE -ICICI BANK IS TRADING BELOW 340 IS NOT A GOOD SIGN -HDFC BANK HAS BROKEN TRENDLINE ON DAILY CHART -KOTAK BANK IS MAKING LOWER HIGH-LOWER LOW FORMATION -CRUCIAL SUPPORT @20050 -CRUCILA RESISTANCE @20850 -PLEASE AVOID TRADING IN BANKNIFTY LET THE DUST SETTLE -WAIT AND WATCH APRROACH -INDEX IF...

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INDEX SUMMARY -SGX NIFTY IS SHOWING A 100P POINT GAP-UP -TODAY WE NEED TO SEE IF MARKET SUSTAINS ABOVE ITS 200-EMA -YESTERDAY I HAD GIVEN A POSITIONAL LONG TRADE AND HAD ADJUSTED ITS STOPLOSS -NOW MARKET MIGHT HAVE INTO SELL ON RALLY FOR THE SHORT-TERM -I WOULD EXPECT THE SAME TO HAPPEN TODAY -MARKET IF BREAKS BELOW 10800 WE WILL SEE A DASH TOWARDS...

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INDEX SUMMARY =BANKNIFTY IS IN TROUBLE -ICICI BANK/HDFC BANK AT CRUCIAL JUNCTIONS(SUPPORT) -IF LEVELS ARE TAKEN OUT I HAD SAID THIS BEFORE AND SAYING IT FOR FEW DAYS -IF BANKNIFTY CLOSES BELOW 21000 WE WILL SEE A CORRECTION TO 19000/20000 LEVELS SOON -WELL TODAY IS MONTHLY EXPIRY I WILL NOT DARE TO TAKE THAT TRADE -COMING TO LEVELS 20850-2950 IS A DEMAND...

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INDEX SUMMARY -SGX NIFTY IS INDICATING A 130 POINT GAP-DOWN -WE HAVE BROKEN SWING LOW PATTERN ON DAILY CHART -"HIGHER-HIGH"/"HIGH LOW" FORMATION TO NOW "LOWER-HIGH"-LOWER LOW" -LIKE EXPLAINED EARLY USA MARKET WERE SOLD OFF YESTERDAY NIGHT -PAIN TO BE FOLLOWED IN INDIAN MARKETS -WE HAD DISCUSSED YESTERDAY THAT HOW AFTER BREACH OF 11180 WE WILL SEE A DASH TO...

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INDEX SUMMARY -SGX NIFTY IS INDICATING A FLAT START -NIFTY INDEX HAS BROKEN ITS 50-EMA ON DAILY CHART WITH A NEW EMERGING TRENLDINE ALSO BEEN BROKEN -NOW WHAT WE SAW IN THE USA MARKET IS ALL MAJOR INDICES BROKE BELOW 50-EMA SETUP AND AND TESTED ITS 100-EMA -IF THAT IS THE CASE FOR INDIAN MARKETS THEN NIFTY CAN RETEST 10880 LEVELS IN COMING DAYS -MONTHLY...

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INDEX SUMMARY -BANKNIFTY WAS AMONG THE STRONGER INDEX YESTERDAY -LOW OF 4-MONTH WAS SUPPORTED YESTERDAY -IT WAS BREACHED FOR WHILE BUT WE SAW SOME SHORT-COVERING IN INDEX -BANKNIFTY CRUCIAL SUPPORT ZONE IS FROM 20950-21050 -IF THIS LEVELS ARE BREACHED 19000 IS ON THE CARDS -WE JUST NEED BANKNIFTY TO CLOSE BELOW 21000 -BUT SINCE THIS MONTH BANKNIFTY HAS...

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INDEX SUMMARY -SGX NIFTY IS INDICATING A MILD POSITIVE START -I HAD TOLD YOU YESTERDAY THAT IF 11450 IS BREACHED WE ARE LOOKING FOR A DASH -LEVELS WERE 11385-11355-11325 ALL WERE ACHIEVED -NOW LOOKING AT YESTERDAY'S FALL WAS TO SPOOK SMALL TRADERS -THROW OUT THE WEAK HANDS -WE EXPECTED A BREAK BELOW 20-EMA AS ALL MAJOR INDICES OVER THE WORLD WERE TRADING...