Hanging man on daily chart
Hammer / Hanging man on daily chart
Seems Like nifty has formed a top for the time being. Expected Target 11160 . SL 11535
Kotak bank is looking good for upside target of around 1370
Positional bank nifty is looking good to touch 29400 /- , one can hold for target of 29400 /- from todays close with tight SL of 200 points
After couple of gap ups, nifty is now zooming to wards 11580, one can take a positional view and hold for target
Nifty can be shorted with target of 100 points downside and SL of 20 points . SL can be 11070 - 11075
LT , if opens above 1353 on friday and sustains the we may see 1390 levels , soon.