BANKNIFTY FUTURES opened today higher by approx 140 points @ 12246 . It
immediately started moving down wards with the nifty index making an intraday low of 12005 , untill better then expected results from ICICI bank pulled the Bank Nifty from the lower end to make a dramatic and sharp V – shape recovery by approx 400 points , making an intraday high of 12448 and finally closing the volatile session @ 12392 .
BANKNIFTY FUTURES is witnessing some sharp and volatile movements on both sides , in line with the rest of the Market. It is trading sharply in a range of approx 600 points , between 12000 – 12600 level and any breach of this levels will see it moving by approx 500 points in that direction.
Our view on Bank Nifty is FLAT .Trades can be initiated in either direction with strict 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
Friday, October 29, 2010
NIFTY TRADING SYSTEM
NIFTY FUTURES opened today higher by 63 points @ 6050 due to the heavy premium in Nov Series, were as the global and Asian markets were subdued. Nifty Futures immediately started sliding down wards reducing the premium to 30- 35 points making an intraday low of 5966 . Nifty Futures seems to be sliding down, but better then expected results from ICICI bank forced the markets to make a sharp and violent V –shape recovery making an intraday high of 6066 and finally closing the volatile session @ 6040
Nifty Futures is getting volatile and moving in both directions sharply with each passing day , making it hard for the traders to trade on either direction. Once again Nifty futures has proved that it is moving violently in a trading range of approx 250 points , between 5950 – 6200. Any break of this range on closing basis with good volumes and momentum , will move nifty futures sharply on either direction.
Our view on Nifty Futures is FLAT. Any trade on either sides should be initiated with strict 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
Nifty Futures is getting volatile and moving in both directions sharply with each passing day , making it hard for the traders to trade on either direction. Once again Nifty futures has proved that it is moving violently in a trading range of approx 250 points , between 5950 – 6200. Any break of this range on closing basis with good volumes and momentum , will move nifty futures sharply on either direction.
Our view on Nifty Futures is FLAT. Any trade on either sides should be initiated with strict 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
Wednesday, October 27, 2010
BANK NIFTY TRADING SYSTEM
BANKNIFTY FUTURES opened today on a flat to slightly weak note @ 12350 . It made a brief attempt to rally in the opening session , but was capped @ 12400 , making an intraday high of 12398 in the process. The selling pressure increased as the day progressed and Bank nifty Futures fell all the way towards 12161 mark. It finally closed the day @12252 .
BANKNIFTY FUTURES witnessed the selling pressure today throughout the session , but found support at the 12200 mark . On the down side a break of 12200 level with good volume and momentum , may bring Bank nifty Futures down all the way towards the 11800 mark . On the up side it has to break pass the 12500 mark to move higher towards the 12800 level.
Our view on Bank Nifty is FLAT .
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
BANKNIFTY FUTURES witnessed the selling pressure today throughout the session , but found support at the 12200 mark . On the down side a break of 12200 level with good volume and momentum , may bring Bank nifty Futures down all the way towards the 11800 mark . On the up side it has to break pass the 12500 mark to move higher towards the 12800 level.
Our view on Bank Nifty is FLAT .
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 FUTURES opened today lower by approx 20 points @ 6087 due to slight weakness in Asian markets. The weakness in Nifty Futures gained momentum as the day progressed and selling pressure was witnessed in last 2 hours of the session taking it down all the way towards the 6000 mark , making an intraday low of 6005. The intraday high of 6102 was registered in the early session . Nifty futures closed the day @ 6032 .
Nifty Futures is getting volatile ahead of the series expiry tomorrow. Nifty futures seems to be attracting fresh buying emerging at 6000 level and if broken on closing basis may witness a sharp fall towards the 5850 zone. On the upside the resistance seems to be creeping in at 6180 level. Only a close above the 6180 zone with good volume and momentum will attract fresh bout of fresh buying.
Our view on Nifty Futures is FLAT. We may witness a two side movement ahead of the expiry .
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 Futures is getting volatile ahead of the series expiry tomorrow. Nifty futures seems to be attracting fresh buying emerging at 6000 level and if broken on closing basis may witness a sharp fall towards the 5850 zone. On the upside the resistance seems to be creeping in at 6180 level. Only a close above the 6180 zone with good volume and momentum will attract fresh bout of fresh buying.
Our view on Nifty Futures is FLAT. We may witness a two side movement ahead of the expiry .
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, October 26, 2010
BANK NIFTY TRADING SYSTEM
BANKNIFTY FUTURES opened today on a flat note @ 12500 due to the lackluster trading from the Global and Asian markets. It traded most part of the session in a narrow range of 120 points between 12500 - 12380 making an intraday low of 12380 in the process. It made a brief attempt to rally in the last hour of the session to break pass the 12500 mark , which was the intraday high of the day , but failed and finally closed the day @ 12385 .
BANKNIFTY FUTURES seems to be consolidating in a range of 500 points , between 12200 – 12700 , from last couple of sessions and any breach of this levels with good volume and equal momentum will move Bank Nifty sharply on either direction. The level of 12800 on the upside and 12200 on the down side are the important zones to watch for at present.
Our view on Bank Nifty is Bullish . Any dips in the market can be treated as buying opportunity with proper 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
BANKNIFTY FUTURES seems to be consolidating in a range of 500 points , between 12200 – 12700 , from last couple of sessions and any breach of this levels with good volume and equal momentum will move Bank Nifty sharply on either direction. The level of 12800 on the upside and 12200 on the down side are the important zones to watch for at present.
Our view on Bank Nifty is Bullish . Any dips in the market can be treated as buying opportunity with proper 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
NIFTY TRADING SYSTEM
NIFTY FUTURES opened today on a flat note @ 6125 due to the subdued mood from the Global ad Asian markets. It traded the session in a narrow range of approx 30 points making an intraday low of 6094 in the process. It made a brief attempt to move higher in the last hour of trading buy failed to do so making an intraday high of 6141 and finally closing the day @ 6109 .
Nifty Futures seems to be still in a volatile mood of the last couple of days moving sharply in the either direction looking for the fresh cues. On the upside the level of 6180 is acting as a barrier for the time being , and any break of this level on the upside with good momentum and volume will move it higher towards the 6350 – 6400 zone. On the down side the level of 6000 is acting as a good buying zone and any breach of this level on closing basis will take Nifty Futures to much lower levels.
Our view on Nifty Futures is Bullish. Any dips in the Nifty Futures could be treated as buying opportunity with a proper 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
Nifty Futures seems to be still in a volatile mood of the last couple of days moving sharply in the either direction looking for the fresh cues. On the upside the level of 6180 is acting as a barrier for the time being , and any break of this level on the upside with good momentum and volume will move it higher towards the 6350 – 6400 zone. On the down side the level of 6000 is acting as a good buying zone and any breach of this level on closing basis will take Nifty Futures to much lower levels.
Our view on Nifty Futures is Bullish. Any dips in the Nifty Futures could be treated as buying opportunity with a proper 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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