BankNifty Future – Major Hurdle at 11260

BANK-NIFTY

BankNifty Future

Resistance at 11184-11216 for intraday.

Sell on rise below 11257.

See 11092-11046 in Panic.

Support at 11040-11014

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BankNifty Spot – Strong hurdle at 11600-11660.

BANK-NIFTY

BankNifty Spot

Yesterday written that strong resistance at 11820

and up move resisted at 11815 and plunged.

Also mentioned that break below 11713 see panic up to 11500.

Now for Today

Strong hurdle at 11600-11660.

If trades below 11461 then may retest low 11414-11400.

If sustains below 11400 then see bloodbath up to 11309-11262.

 

On Monday subscribers recommended to shot sell

Reliance Infra at 415 and Reliance capital at 470.

Just see the CMP…

What else you want better than this

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BankNifty Spot – Hurdle at 11820-11850

BankNifty Spot

If trades above 11780 for 15 minutes

then see rally up to 11806.

Hurdle at 11820-11850.

Break below 11713 may take up to 11664.

More downside if breaks 11643 and not crossing above 11720

which may drag down up to 11594-11500.

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Share Tips – BankNifty Spot hurdle at 12135-12152, RCOM &Vadilal Ind. set to rally

BANK-NIFTY

Bank Nifty Spot

Traders may short at 12115-12135

Exit short if trades above 1252 for 15 minutes

Above 12079 see blast up to 12115-12135

Hurdle at 12135-12152.

Support at 11973-11948.

Shriram-Transport-Finance

Shri Ram Transport

Support at 655-675

Buyers zone at 675-670

May rally up to 785-700

TCS

Support at 1540-1545

Above 1555 no worry @ all

See Blast up to 1583-1592

Tata Chem

Tata Chem

Sell on rise below 332

Break below see slide up to 309-307.

RCOM

Rcom

Support at 66-65

Grab at 67-68

Target = 71-73

wipro

Wipro

Watch 434 level

Slide up to 426 on card

Support at 416-120

 

Vadilal Ind

Watch 204 level

Will set on fire above 204 up to 209-213

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Bank Nifty Spot Analysis

BANK-NIFTY

Bank Nifty Spot

Watch level of 11970.

Once sustainse below then see slide up to 11923-11841.

Hurdle at 12135-12160

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Bank Nifty, Axis Bank & Torrent power Tips

Just see how Petronet, Gail , Divis Lab etc

traded as yesterday as mentioned in our yesterday post

BANK-NIFTY

Bank Nifty spot

Below 11411 see bloodbath up to 11336-11311.

Hurdle at 11562.

Axis Bank

Sell on rise or break below 1333

See non stop slide up to 1305.

Torrent Power

Sell Torrent power at 162

Stoploss above 164

Target = 159-158

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