NIFTY :
Choppy Market....crossover 5766 over all buying in the market may test 5800-5830-5850, thereafter reversal can not be ruled out....
Overall market is still holding 200 DMA which is near to 5600 level... Trading range 5580-5620 watch, as remain hold short term positive bias. On the higher side resistance 5750-5830-5910 levels for the ensuing week. Trend Decider 5690
.BSE INDEX
Yesterday BSE SENSEX showing some strength and it closes positively. The next important level to watch out for tomorrow intraday trading in BSE support would be 19035-18919, while the resistance would be 19231-19311. Today RBI policy so a lot of volatility in the market. ICICI Bank, SBI, looks hot and go long.
We may consider down side major support 18700 and 18500 as hold this level up move continue, higher level resistance should watch 1270-19500 and 19816 in ensuing week.
CNX BANK NIFTY
Yesterday BANK NIFTY showing good strength and close positively. The next important level to watch out for tomorrow intraday trading in BANK NIFTY support would be 10984-10816, while the resistance would be 11248-11345. Higher level do not trapped please...
Now consider resistance 11000-11150... Successfully crossover over all buying in banking stocks... Otherwise reversal to sell for big profit... Just follow levels and play....
ICICI BANK
Today support 1050.......Resistance exit 1095-1110, thereafter see what happened today....but one thing is sure... do not remain open your short......
IDBI
Excellent result on the card......... Today trading range 150 to 155.. break out in either side, one side movement.......
BGR ENERY
Yesterday first sign of trend reversal and closed above 650........so what next, decide your trading strategy.
TISCO
Yesterday closed near to resistance level..... now today watch ...650-656, whether it will cross successfully or not... If so short term up side.
LT
Time to accumulate at current level... with consider support 1650 -1633-1600 mark... resistance exit 1700..
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