BANK NIFTY TRADING SYSTEM – 04-03-2011
Open : 11032.00 High : 11155.00
Low : 10919.00 Close : 10985.00
TREND : NEUTRAL
Bank Nifty Futures ended the session almost unchanged @ 10985. It made an intraday high of 11155 , but met with some selling pressure on back of mid east crisis.
There is a major resistance @ 11250 , after which the next resistance @ 11800 zone. On the down side the minor support is at 10500 level , and breaching of this level with good volumes and momentum will bring it down all the way towards the major support of 10000 mark.
We are Neutral on the Bank Nifty.
For a Reliable, Trustworthy ,Transparent and Accurate Trading Calls with Precise Entry, Stop loss And One Target in Nifty , Bank Nifty , Stocks (FNO) , Gold , Silver & Crude , Visit www.aaksharstock.com / www.aaksharcommodity
Friday, March 4, 2011
NIFTY TRADING SYSTEM
NIFTY TRADING SYSTEM - 04-03-2011
Open : 5578.00 High : 5612.00
Low : 5518.00 Close : 5548.00
TREND : NEUTRAL
MID EAST CRISIS HANGS OVER DALAL STREET…………
Nifty Futures closed the day on a flat note @ 5548. Technically , there is a major resistance around the 5600 zone. Nifty Futures made today the second attempt to break pass the 5600 level , but failed to do so.There is a minor support zone forming at 5450 level, breaking of which will lead the Nifty Futures back towards the 5200 zone.
Nifty Futures seems to be trading in a range of 400 points , between the support area of 5200 and resistance of 5600. Breaking this range on either side will lead to a 200 point movement.
For a Reliable, Trustworthy ,Transparent and Accurate Trading Calls with Precise Entry, Stop loss And One Target in Nifty , Bank Nifty , Stocks (FNO) , Gold , Silver & Crude , Visit www.aaksharstock.com / www.aaksharcommodity
Open : 5578.00 High : 5612.00
Low : 5518.00 Close : 5548.00
TREND : NEUTRAL
MID EAST CRISIS HANGS OVER DALAL STREET…………
Nifty Futures closed the day on a flat note @ 5548. Technically , there is a major resistance around the 5600 zone. Nifty Futures made today the second attempt to break pass the 5600 level , but failed to do so.There is a minor support zone forming at 5450 level, breaking of which will lead the Nifty Futures back towards the 5200 zone.
Nifty Futures seems to be trading in a range of 400 points , between the support area of 5200 and resistance of 5600. Breaking this range on either side will lead to a 200 point movement.
For a Reliable, Trustworthy ,Transparent and Accurate Trading Calls with Precise Entry, Stop loss And One Target in Nifty , Bank Nifty , Stocks (FNO) , Gold , Silver & Crude , Visit www.aaksharstock.com / www.aaksharcommodity
Thursday, March 3, 2011
BANK NIFTY TRADING SYSTEM
BANK NIFTY TRADING SYSTEM – 03-03-2011
Open : 10850.00 High : 11120.00
Low : 10783.00 Close : 10940.00
TREND : NEUTRAL
Bank Nifty Futures ended the session almost neutral @ 10940. It made an intraday high of 11120 , but met with some heavy selling bringing it down swiftly towards the intraday low of 10783.
There is a major resistance @ 11250 , breaking of which will lead it higher towards the 11800 zone. On the down side the minor support now comes in at 10500 level , and breaching of this level with good volumes will bring it down all the way towards the major support of 10000 mark.
We are Neutral on the Bank Nifty.
For a Reliable, Trustworthy ,Transparent and Accurate Trading Calls with Precise Entry, Stop loss And One Target in Nifty , Bank Nifty , Stocks (FNO) , Gold , Silver & Crude , Visit www.aaksharstock.com / www.aaksharcommodity
Open : 10850.00 High : 11120.00
Low : 10783.00 Close : 10940.00
TREND : NEUTRAL
Bank Nifty Futures ended the session almost neutral @ 10940. It made an intraday high of 11120 , but met with some heavy selling bringing it down swiftly towards the intraday low of 10783.
There is a major resistance @ 11250 , breaking of which will lead it higher towards the 11800 zone. On the down side the minor support now comes in at 10500 level , and breaching of this level with good volumes will bring it down all the way towards the major support of 10000 mark.
We are Neutral on the Bank Nifty.
For a Reliable, Trustworthy ,Transparent and Accurate Trading Calls with Precise Entry, Stop loss And One Target in Nifty , Bank Nifty , Stocks (FNO) , Gold , Silver & Crude , Visit www.aaksharstock.com / www.aaksharcommodity
NIFTY TRADING SYSTEM
NIFTY TRADING SYSTEM - 03-03-2011
Open : 5506.00 High : 5598.00
Low : 5473.00 Close : 5555.00
TREND : NEUTRAL
CHOPPY SESSION…………………….
Nifty Futures closed today near yesterdays closing level of 5555. On the up side , it made an attempt to break pass the 5600 mark , but failed to get through the resistance. There is a minor support zone forming at 5450 level, breaking of which will lead the Nifty Futures back towards the 5200 zone.
Nifty Futures seems to be trading in a range of 400 points , between the support area of 5200 and resistance of 5600. Breaking this range on either side will lead to a 200 point movement.
For a Reliable, Trustworthy ,Transparent and Accurate Trading Calls with Precise Entry, Stop loss And One Target in Nifty , Bank Nifty , Stocks (FNO) , Gold , Silver & Crude , Visit www.aaksharstock.com / www.aaksharcommodity
Open : 5506.00 High : 5598.00
Low : 5473.00 Close : 5555.00
TREND : NEUTRAL
CHOPPY SESSION…………………….
Nifty Futures closed today near yesterdays closing level of 5555. On the up side , it made an attempt to break pass the 5600 mark , but failed to get through the resistance. There is a minor support zone forming at 5450 level, breaking of which will lead the Nifty Futures back towards the 5200 zone.
Nifty Futures seems to be trading in a range of 400 points , between the support area of 5200 and resistance of 5600. Breaking this range on either side will lead to a 200 point movement.
For a Reliable, Trustworthy ,Transparent and Accurate Trading Calls with Precise Entry, Stop loss And One Target in Nifty , Bank Nifty , Stocks (FNO) , Gold , Silver & Crude , Visit www.aaksharstock.com / www.aaksharcommodity
Tuesday, March 1, 2011
BANK NIFTY TRADING SYSTEM ( 01 MAR )
BANK NIFTY TRADING SYSTEM
Open : 10543.00 High : 10942.00
Low : 10520.00 Close : 10942.00
TREND : NEUTRAL
Bank Nifty Futures led the rally post Budget, closing up by almost 500 points @ 10942.The support for Bank Nifty is between the 10000 – 10200 mark and the resistance is at 10800 – 11000 area. Any breach of this levels on either side with good volumes and positive momentum will move the market on that direction.
We are Neutral on the Bank Nifty
For a Reliable, Trustworthy ,Transparent and Accurate Trading Calls with Precise Entry, Stop loss And One Target in Nifty , Bank Nifty , Stocks (FNO) , Gold , Silver & Crude , Visit www.aaksharstock.com / www.aaksharcommodity
Open : 10543.00 High : 10942.00
Low : 10520.00 Close : 10942.00
TREND : NEUTRAL
Bank Nifty Futures led the rally post Budget, closing up by almost 500 points @ 10942.The support for Bank Nifty is between the 10000 – 10200 mark and the resistance is at 10800 – 11000 area. Any breach of this levels on either side with good volumes and positive momentum will move the market on that direction.
We are Neutral on the Bank Nifty
For a Reliable, Trustworthy ,Transparent and Accurate Trading Calls with Precise Entry, Stop loss And One Target in Nifty , Bank Nifty , Stocks (FNO) , Gold , Silver & Crude , Visit www.aaksharstock.com / www.aaksharcommodity
NIFTY TRADING SYSTEM ( 01 MAR )
NIFTY TRADING SYSTEM
Open : 5375.00 High : 5555.00
Low : 5375.00 Close : 5555.00
TREND : NEUTRAL
BLOW OFF SESSION IN DALAL STREET……………..
Nifty Futures swiftly closed the day up by 217 points , making it one of the best post Budget rally. It managed to break above the near term resistance of 5500 and closed the day @ 5555 level. On the up side the major resistance is at 200 Day Moving Average , which is at 5620 level. On the downside, the near term support stands at 5400 mark.
We are Neutral to Bearish on Nifty Futures .
For a Reliable, Trustworthy ,Transparent and Accurate Trading Calls with Precise Entry, Stop loss And One Target in Nifty , Bank Nifty , Stocks (FNO) , Gold , Silver & Crude , Visit www.aaksharstock.com / www.aaksharcommodity
Open : 5375.00 High : 5555.00
Low : 5375.00 Close : 5555.00
TREND : NEUTRAL
BLOW OFF SESSION IN DALAL STREET……………..
Nifty Futures swiftly closed the day up by 217 points , making it one of the best post Budget rally. It managed to break above the near term resistance of 5500 and closed the day @ 5555 level. On the up side the major resistance is at 200 Day Moving Average , which is at 5620 level. On the downside, the near term support stands at 5400 mark.
We are Neutral to Bearish on Nifty Futures .
For a Reliable, Trustworthy ,Transparent and Accurate Trading Calls with Precise Entry, Stop loss And One Target in Nifty , Bank Nifty , Stocks (FNO) , Gold , Silver & Crude , Visit www.aaksharstock.com / www.aaksharcommodity
Monday, February 28, 2011
BANK NIFTY TRADING SYSTEM ( 28TH FEB )
BANK NIFTY TRADING SYSTEM
Open : 10465.00 High : 10800.00
Low : 10371.00 Close : 10457.00
TREND : BEARISH
Bank Nifty Futures just like Nifty Futures traded violently on both sides as the Budget speech progressed. It rallied to an intraday high of 10800 with the speech and slipped immediately with the major market to register an intraday low ow of 10371 , finally closing the session @ 10457.
The support for Bank Nifty comes in between the 10000 – 10200 mark and the resistance is at 10800 – 11000 area. Any breach of this levels on either side with good volumes will move the market on that direction.
We are Bearish on the Bank Nifty . Any rallies should be treated as selling opportunities with appropriate stop loss.
For a Reliable, Trustworthy ,Transparent and Accurate Trading Calls with Precise Entry, Stop loss And One Target in Nifty , Bank Nifty , Stocks (FNO) , Gold , Silver & Crude , Visit www.aaksharstock.com / www.aaksharcommodity
Open : 10465.00 High : 10800.00
Low : 10371.00 Close : 10457.00
TREND : BEARISH
Bank Nifty Futures just like Nifty Futures traded violently on both sides as the Budget speech progressed. It rallied to an intraday high of 10800 with the speech and slipped immediately with the major market to register an intraday low ow of 10371 , finally closing the session @ 10457.
The support for Bank Nifty comes in between the 10000 – 10200 mark and the resistance is at 10800 – 11000 area. Any breach of this levels on either side with good volumes will move the market on that direction.
We are Bearish on the Bank Nifty . Any rallies should be treated as selling opportunities with appropriate stop loss.
For a Reliable, Trustworthy ,Transparent and Accurate Trading Calls with Precise Entry, Stop loss And One Target in Nifty , Bank Nifty , Stocks (FNO) , Gold , Silver & Crude , Visit www.aaksharstock.com / www.aaksharcommodity
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