Tuesday, October 9, 2018

SBIN and ICICI Bank


Two banks not yet reacted like other stocks....may be tail end...steap fall may be in SBIN & ICICI Bank....

My take as such...sell on Rally...

Any change in my view....will inform.....


Bank Nifty



No Trend.....travelling between the level....


Again


Pavam ...bulls...trying so much for pullback rally...

Till now....no confirmation...waiting...


Index


Reversal ....not confirmed....as such..


Monday, October 8, 2018

ICICI


Weak....

Any rally use sell opportunity....


Positional Trend


Positional Trend is weak...this month positional reversal is ruled out..

Only....pull back rallies and sell on rallies.....


Bank Nifty


Bank Nifty 24500 Put closed below 238 and holding 138.40 level...

Tomorrow.....we may get opportunity....let us see...


Today....238 below close....we wants to enter call option...but....in a single candle put crashed and closed below 238 (i.e.194)....not able to enter......

Anyway...let us see tomorrow...



24500 Put....not violated 248


Bank Nifty 24500 Put......not closed below 248 (check earlier post...).....

Still no "confirmed" reversal......


Bank Nifty


1' o clock suggest....watch....Bank Nifty level  24618.90...for the day....



Bank Nifty


24500 put option 248 level .....deciding factor....for (just) relief rally...


Sunday, October 7, 2018

Next Breakdown


Next Breakdown script ...(like Bank Nifty/Nifty...refer previous videos).....in our list...

Sure shot....if breaks...

Will post in hangout...


Bank Nifty 26020 ....


Bank Nifty violent breakdown level 26020...will act as major resistance...in the coming days...

Why 26020.....?

Watch.....


Why 10736 ?



Nifty 10736 is important ...breakdown level...

Watch...


Friday, October 5, 2018

More Panic ?



Nifty...investment cycle started in July 2016......

This week....price has closed below the investment cyclical level......

Will more panic on the cards ?

If yes.....then this cycle may test 9237 level...

Just my observation...based on history...

History Repeats ?.....


Nifty


Nifty positional 3rd Level 10275.....after 10488.....


Hope....this will also hit....today...


Bank Nifty


11th Hour........not able to cross the immedidate resistance....