-stock broke above its 200-ema and sustained -along with that the stock broke out of its ascending triangle pattern -after a throwback the stock cameback with furious momentum -taking over its previous crucial resistance of 1448 -now next targets on the upside for kotak bank is 1520-1540 SEPTEMBER FUTURES TRADE...
-stock broke out of consolidation pattern and started trading above its crucial resistance zone -stock has the potential to trade above or retest its 200-ema placed at 232 -stock looks good for upside SEPT FUTURES TRADE BUY@210-212 STOP@198 TARGET-1@220 TARGET-2@224 TARGET-3@228 QTY=2600
-AGAIN BANKNIFTY IN BOOM BOOM ZONE -FALLING DOLLAR EM POSITIVE -ALL THREE MAJOR WEIGHTAGE STOCKS ABOVE 200-EMA -NEXT TWO ON THE FOLLOW TO COMPLETE THAT MOVE -NEXT BANKNIFTY TARGET IS 25000-25300 -SUPPORT IS CRUCIALLY PLACED AT 23916 (200-EMA) -CRUCIAL RESISTANCE PLACED AT 25110 (200-SMA) -CAUTION I BELIEVE THERE IS A GAP-UP TOMORROW IN BANKNIFTY -MIGHT RUN...
-SGX NIFTY IS INDICATING A POSITIVE START -FALLING DOLLAR EM MARKET POSITIVE THAT STORY CONTINUES -NIFTY WILL TRY TO MAKE ANOTHER ATTEMPT TOWARDS 11785 -WHICH IS NOW THE CRUCIAL RESISTANCE FOR THE SEPTEMBER SERIES -MARKET SUSTAINING ABOVE 11640 WILL BE A POSITIVE SIGN -ABOVE 11785 NEXT LEVEL TO WATCH IS 11845 -CRUCIAL SUPPORT AT 11600 -CRUCIAL RESISTANCE...
-SGX NIFTY IS INDICATING A POSITIVE START -FALLING DOLLAR EM MARKET POSITIVE -NIFTY IF TRADES ABOVE -WHICH WAS TAKEN OUT 11640 WE WILL SEE EVEN HIGHER LEVELS -NEXT TARGET ZONE CAN BE FROM 11750-11775 -LOT OF CALL WRITING WAS IN IN 11600 CALL OPTION -SO EXCEPT SOME SHORT-COVERING -CRUCIAL SUPPORT @11525 -CRUCIAL RESISTANCE @11610 RESISTANCE FOR THE DAY...
-BANKNIFTY IS S IN BOOM BOOM ZONE -LOOKING TO TEST ITS 200-EMA PLACED AT 23915 -AS EXPECTED WILL TRY TEST 23900 -A RANGE OF 2000 POINTS IS BROKEN -RALLIED 400 POINTS OUT OF THE EXPECTED 2000 POINTS -FIBO LEVELS OF 38.2% TAKEN OUT -50% RETRACEMENT LEVEL AT 23900 -BUT IF 24000 IS TAKEN AND CLOSES ABOVE IT WE WILL SEE HIGHER LEVELS -NEXT LEVEL OF 50% IS PLACED...
INTRADY TRADE IN INFY SEPT FUT SHORT@945 STOP@953 TARGET@935 QTY=2400 LOT=1200 banknifty 23700 call option trade buy@39-41 stop@9 target@120 qty=125 lot=5
momentum trade in bajaj auto futures short@3077 stop@3105 target@3025 qty=500
-STOCK TRADED IN A TIGHT RANGE ON DAILY CHART -RANGE WAS FROM 620-590 -BUY ON DIPS OR ACCUMUALTE IN CASH -TARGET SHOULD BE AROUOND 650-675 -PRICE:-4.8% -OI:-5.3% (LONG BUILT-UP IN M&M) POSITIONAL TRADE BUY@620-625 STOP@609 TARGET@648-655
-STOCK BROKE ABOVE 478 AND SUSTAINED HIGHER -STOCK NEEDS TO BREAK ABOVE 502 TO RALLY TOWARDS 520 -PRICE ACTION SUGGEST GOOD MOMENTUM ON THE UPSIDE -PRICE:-3% -OI:-(-7%) -INDICATING GOOD LEVEL OF SHORT COVERING IN THE STOCK BUY@487-502 STOP@482 TARGET@520
BTST TRADE IN AMARARAJA BATTERIES (CASH) BUY@750 STOP@734 TARGET@780 QTY=1000
BTST TRADE IN BAJAJ FIN FUT BUY@3435 STOP@3410 TARGET@3470-3480 QTY=500 (TRADE WITH PROPER RISK MANAGEMENT)
SRF AUG FUT BUY@4230 STOP@4160 TARGET@4390 QTY=250 (TRADE WITH PROPER RISK MANAGEMENT)
CONDITIONAL BTST TRADE IN BAJAJ FIN AUG FUTURES BUY@3485 (ABOVE ONLY) STOP@3389 TARGET@3600-3620 QTY=500 PRICE:-3.4% OI:-4.8% (CUMULATIVE OI ACTUAL OI WILL BE SEEN AFTER 6:15) !!MANAGE YOUR RISK AND TRADE!!
BTST TRADE IN TATA MOTORS BUY@115.25 STOP@112 TARGET@119
ICICI BANK REVIEW -STOCK HAS A VERY CRUCIAL SUPPORT LEVEL OF 340 -TODAY MARKET REVERSED FROM A LOW OF 343 -A BREAK BELOW 340 WILL ALLOW ICICI TO TEST 324 ON THE DOWNSIDE -BUT SINCE THE PATTERN IS VALID WE CAN SEE A NEW UPMOVE AGAIN FROM HERE -INITAL TARGET BEING 375 -ICICI CAN ENTER INTO A GOOD BULLISH MOMENTUM ABOVE 395 -WHERE THE 200-EMA IS PLACED FOR NOW...
BTST TRADE IN SBIN AUG FUTURES BUY@187.75 STOP@185 TARGET@193 QTY=3000
INTRADAY TRADE IN UPL AUG FUTURES BUY@477 STOP@467 TARGET@497 QTY=1300