ICICI Bank is broken its Trend Line and Trading below from 2-3 days.
I think its a Selling oppurtunity, we can sell Jan Futures @ 254.5 with time frame as 1-2 months.
Risky Traders can Buy 230 PE @ Rs.2
Sell Banknifty Call is for Investors to Exit Banking stocks especially Midcap Banking Stocks. I feel from here if any Bounce in Bank Stocks is an oppurtunity for Investors to Exit.
The Target for Banknifty is Aggressive but it is inevitable, As an investor I too feel that my Stop Loss should get Triggered.
USD-INR Currency pair is headed to 68.8 Break and Close above 68.9 Will take to 70.2
We have seen already a triangle pattern breakout if it is not proven false breakout we have some resistance around 68.8 zone, Once we close above the zone it will move upto 70.2