Wednesday, April 17, 2013

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Trading Ideas And Indicies View 17 April



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NiftyFut-Support around 5648-50 and 5618 if Break 5617 then it can come down to 5600-5695,upperside crossover of 5708 it can move up to 5733-43,Close above 5805 will decide new trend else rally can end around 5733-5750

BankNiftyFut-Upperside Rally can move up to 11995 ,12122-133,Crossover 12135 it can move up to 12200,12270-12290,One Can book profit around this level for once,Downside Support around 11775 below which 11710 and 11635,So Major Support in downside at 11635 If Break then Expect Cut of 100 and 150 Points 

Sensex-Support in DownSide at 18600,upper side crossover of 11785,It can move up to 18900 and 18940-60 then after 18988-90,Major Hurdle zone around 18950-18995,Downside Support around 18600 Below which 18420.

SBIN-Heading For Rally toward 2210-12 and 2235,Clients Long From 2165 

Axisbank-Can Pause around 1375-83

Apollotyre And Unionabank- Looking Attractive but if Cross ?? then further Swift upmove expected


IMP DISCLAIMER: Above matter is technical analysis based on & conceived from charts, which are believed to be authentic over long long time. One should think of own risk first before implementing on above analysis. The author won't be liable or responsible for any legal or financial losses made by anybody.

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