BANK NIFTY TIPS

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Bank Nifty & Axis Bank’s Guestimate

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BANK-NIFTY

Bank Nifty Spot

Above 12708 Bulls have upper hand.

Hurdle at 12810-12828.

Crossover above 12842 may take up to 12875-12904.

Hurdle at 12900-12935.

Break below 12690 except slide up to 12600-12585.

AXIS BANK

Axis Bank

Resistance at 1430-1436

Trends looking tired at resistance zone.

Prices are diverging with Oscillators on short term trend.

If not able to sustain above 1435 then slide up to 1382 not ruled out.

Closing below 1478 may take lower up to 1350 in non-stop slide.

Decisive break above 1435 blast up to 1457-1457.

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BankNifty Spot Call For Subscribers

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BANK-NIFTY

 12680-12725 short term hurdle.

Crossover above 12725 may revive strength and

march upward up to 12790-12820.

Major support at 12580-12600.

Decisive break below 12580 may take it up to 12461 in panic.

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BankNifty Spot Trade Setup

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BANK-NIFTY

Bank Nifty Spot

Hurdle at 12754.

Sell on rise.

Minor support at 12580.

Break below 12580 with closing may

take it up to 12406-12226.

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NSE Bank Nifty, Arvind, Gitanjali, Sessa Goa & Bajaj Holdings tips

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Bank Nifty

Yesterday we have boldly written that Bank nifty spot may

rally up to 12822 above 12742.

It kissed 12822 and closed at, 12802.25.

Intraday support @ 12740-12770

Break below 12740 except slide up to 12680.

If trades above 12831-12845 may rally up to 12897.

Arvind

Below 104.35 bearish for short term.

Support at 102.5-103

Break below 101.80 may take up to 99.65-98

Gitanjali Gems

Bearish below 574

Hurdle at 567-574

Sell on rise below 570

Break below 558 may drag up to 546-534

Exit if trades above 578

Sesa Goa

Bears dominate trend below 195-197.5

Sell on rise

Break below 191 expect slide up to 186

Bajaj Holding

Bearish below 1014-1000.

Sell to rise or break below 974.

Below 974 our target is 956

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Intraday Share Tips Newsletter: Bank Nifty Sopt, LIC Housing & Ambuja cement

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BANK-NIFTY

BankNifty Spot

12680-12630 Strong support zone.

Crossover 12742 May rally up to 12790-12822.

LIC HOUSING FIN

LIC Housing

Support at 280-282.

If holds then may rally up to 288-290.

Break below 280 may slide up to 274-272.

AMbuja

Ambuja Cement

Looks weak below 203.

Sell on rise.

Closing below 194 will confirm breakout below

symmetrical triangle which will take up to 181-175.

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NSE Bank Nifty Spot Trading Tips

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BankNifty spot

Crossover 12794 rally up to 12822

12830-12849 is Resistance zone.

12734-12720 Intraday support.

Break below 12706 Expect slides up to 12690

Support at 12690-12660

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