BankNifty - Consolidation ahead!

18 янв. 2017 г.

BankNifty has run up from the lows of 17600 to 19275. Now consolidation is highly likely in the band of 18900-19300. Before the next move. Play carefully. Weekly closing above 19300-350 will trigger further rally but till then choppy and rangebound.

19 янв. 2017 г.

Заметка

Exactly as expected, This is what is called rangebound and choppy markets. short term traders both Buyers & sellers vl be frustrated becoz it is not easy to sit idle. Trade small near the supports & resistances. Trade carefully.

20 янв. 2017 г.

Заметка

BankNifty morning low is 18922, touched the lower end of the new range as mentioned and bounced back sharply 150 points in 3-4 minutes. Great Morning.

20 янв. 2017 г.

Заметка

Buy BankNifty fut at 19025-30 with SL 18999

20 янв. 2017 г.

Заметка

Whipsaw! SL hit by a whisker, didn't sustain there on board again there abouts.

20 янв. 2017 г.

Заметка

Book small profits near 19040-50 and stand aside. Probably today is a no trade day. Extremely choppy.

20 янв. 2017 г.

Заметка

Touched the low 18915, range low again and bounced.

20 янв. 2017 г.

Заметка

Low 18867. Don't short. This is consolidation on Monday it may go up.

23 янв. 2017 г.

Заметка

BankNifty is bit volatile but in consolidation mode. It has multiple supports between 18600-18900 even if it broke 18900 but it was not a short rather wait for a reversal and buy. It zoomed from 18722 to 18850 in a few mins. Good Morning

23 янв. 2017 г.

Заметка

Intraday traders should book profits at 18900.

23 янв. 2017 г.

Заметка

Buy BN at 18790-800 SL 18740 tgt 18895-900

23 янв. 2017 г.

Заметка

Booked intraday positions and carried fwd the positional longs. Great day today.