srikantsoni

srikantsoni Updated 

Looks like will take support around 465/468 area. Any dip towards that level can be used to buy with a tgt of 500. 500 is a stiff resistance, close above that can take stock to 550 levels. Buy around 465-468 levels with SL of 443 (closing basis). Tgt: 500/550 and above.

srikantsoni Updated 

Levels mentioned on chart. additional data as of today : 26000 Put has been reduction in open interest whereas as slight OTM calls has seen increase in OI. Future OI is also decreasing signaling short unwinding. Any gradual increase towards 26600 could trigger short covering and take Bank Nifty to 27000 levels.

srikantsoni Updated 

Levels mentioned on chart. PS: Successive close above red trend line would mean upward trend in the stock - exit sell position and buy position can be initiated above green line.

srikantsoni Updated 

Keeping the FII hype aside, I am expecting a 3rd Island formation. Stay long until there is a gap down. If no gap down and price going downward I would see if there is close below 2080 with good volumes before exiting the long position. Close below 2053 (the high before gap-up) should be SL.

srikantsoni Updated 

Levels mentioned on chart

srikantsoni Updated 

Everything mentioned on chart

srikantsoni

Everything mentioned on chart