We are long in ING Vysya Bank
Banknifty Future
Support @ 12536-12506.
Above 12627 see rally up to 12667-12685.
Hurdle at 12703-12762.
If trades decisively above 12762 then rally up to 12850
not ruled out.
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Nifty Future
(Updated at 08.10 AM)
Above 5924 we see rally up to 5937-5943.
If trades above 5943 with vol then see even
higher levles at 5968-5981.
5943-5968-5990 are today’s Targets & hurdle for intraday.
Strong hurdle at 5980-6010 zone.
Be cautious in long at this zone.
Support at 5898-5892 for intraday.
Crucial support at 5892-5886 zone.
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Today in morning post on Nifty Fut written that
if trades above 5892 & sustains then see rally up to 5908-5929.
Nifty future made high at 5934.90.
Now hurdle is at 5924-5938. Decisive crossover may take it to 5955-5965.
state-owned Indian Overseas Bank (IOB). The fourth quarter net profit (January-March) year-on-year tanked nearly two-fold to Rs 59 crore.
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Ready for Short Selling by Intraday and Short Term Traders,…
Now, Question is what the market turning points?
Just watch careful 5918 and 5928 and 5937!
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