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Updated Time: 1:30 PM
Bank nifty is trading critical zone. Just look up the chart and see the level…I hope that it might be great for you.
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First, there is decent momentum coming into today’s session. After climbing for much of April, there was a slight pullback in May, but nothing to dampen the optimism of investors.
As you know, when they are happy, day and swing traders can eat without looking over our backs. Anyway, the slight dip has positioned the stock for a potential upswing, and you are just time to witness that event.
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Unlock This ArticleAfter bumping into a prescribed level, nifty is expected to perform in a certain range. I don’t think this prescribed level more than 8407. So, the more accurate way is to be exposed to this level, its will be something like 8335-8238.
Look at the “weekly chart” for better understand.
Keeping in mind the stoplight, the market is likely to go over the next 3 days. This distance is 200 points remaining to clear by nifty due to this next week.
Check minutely in the daily chart
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SBIN
buying level- 194-196
Target – 204-206
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Updated for Subscribers on 31st May 2016 (Time: 10 o’clock morning)
We don’t think nifty can break 8140 today… so you can take small risk to buy 8155 to 8166 for targets 8245-8264 but SL 8138
Nifty Future Updated 1st June 2016 (Time 00:15)
There are two patterns and, both are bullish in a slow moving way. Still in the market is not going to be suspicious but even if nifty break 8140 below, we might start selling…!
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Best time for sell GBPUSD pair!
Targets: 1.51688 – 1.51400
Hurdle: 1.52205
It’s running around 1.52160 and If H1 candle close above to hurdle level then you may buy it for 1.52367-1.52594-1.52716
(CASH NSE) Sell DISTV 101 to 102 Stop loss 103.5 targets 96 to 92 intraday (Small amount of risk and High Reward)
SELL NIFTY 8918 to 8931 at opening and Targets 100 or More points downside… 100% Perfect News…
Don’t Ask SOURCES…
Thank you.
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