Bank Nifty has now broken in 9937 low, which corresponds to 5170, so it seems that the Bank Nifty is trying to lead this decline. If I have to choose between going short with either of the index, I would go short with the Bank Nifty than with the Nifty, just as a comparative. But yes, if 5170 starts getting decisively broken, then obviously you have to push the short side.
Showing posts with label Bank Nifty Tips. Show all posts
Showing posts with label Bank Nifty Tips. Show all posts
Wednesday, 28 March 2012
Wednesday, 14 March 2012
Nifty Futures & Bank Nifty Futures Intraday Tips
Nifty Futures
Buy Nifty Futures above 5515 for price target of Rs. 5540-5565 with placing a stoploss of Rs. 5488.
Bank Nifty Futures
Sell Bank Nifty Futures below 10959 for price target of Rs. 10830-10750 with placing a stoploss of Rs. 11065.
Wednesday, 29 February 2012
Nifty Futures & Bank Nifty Futures Tips 01-March
Nifty Futures March 29, 2012
Buy Nifty Futures above 5430 for price target of Rs. 5475-5510 with placing a strict stoploss of Rs. 5402. ELSE
Sell Nifty Futures below 5386 for price target of Rs. 5350-5320 with placing a stoploss above 5410.
Bank Nifty Futures
Buy Bank Nifty Futures above 10555 for price target of Rs. 10640-10730 with placing a strict stoploss of Rs. 10501. ELSE
Sell Bank Nifty Futures below 10480 for price target of Rs. 10410-10350 with placing a stoploss above 10524.
Buy Nifty Futures above 5430 for price target of Rs. 5475-5510 with placing a strict stoploss of Rs. 5402. ELSE
Sell Nifty Futures below 5386 for price target of Rs. 5350-5320 with placing a stoploss above 5410.
Bank Nifty Futures
Buy Bank Nifty Futures above 10555 for price target of Rs. 10640-10730 with placing a strict stoploss of Rs. 10501. ELSE
Sell Bank Nifty Futures below 10480 for price target of Rs. 10410-10350 with placing a stoploss above 10524.
Monday, 23 January 2012
Bank Nifty Trading Tips - Bank Stocks To Buy on Declines
Bank Nifty gets into some kind of a consolidation, so the movement is just about starting on Syndicate Bank, Karnataka Bank, UCO Bank, etc. Bank Nifty has gotten to some kind of resistance around 9500-9600. To have a fresh trade, you need to have some kind of a decline towards 9250-9300 and that probably is the strongest index.
Karnataka Bank again if there is nothing negative say tomorrow, chances are that Karnataka Bank could move back into three digits because these smaller banks have not really moved up, so now there will be a catch-up act on all of these smaller banks once.
ICICI Bank also looks good for levels of about Rs 930-935. On the downside, you are now looking at support around Rs 780. So broadly on all declines, this one is a buy.