Morning !
Referring to my previous post on 25th about the clarity that we are getting for a small crash/correction/fall. The same was witnessed, as we saw NIFTY making 8547, any close below 8570 will take it for the range of 8450-8380 in the coming 2 to 3 days.
For BANKNIFTY, it too was bearish on Friday by making low of 19133, it is heading for 19000-18800 zone.
Post hitting the zones mentioned above for NIFTY and BANKNIFTY respectively, i suggest reversing your positions for BUY till 9119+ levels for NIFTY and 20000 levels for BANKNIFTY.
Regarding my sell calls in INFY,DRREDDY,LUPIN,TATASTEEL.
INFY is back on the journey as i mentioned in my last post for 950
DRREDDY wait for 2950 to break on downside and then enter shorts
LUPIN is going for 1485-1445 and post that 1400-1350-1300-1250
TATASTEEL, sell given at 379.95 for targets of 370-360-350-340, 370 was achieved on that day only, hold on for remaining levels.
All are POSITIONAL calls and all prices mentioned are SPOT levels.
Happy Trading !
Referring to my previous post on 25th about the clarity that we are getting for a small crash/correction/fall. The same was witnessed, as we saw NIFTY making 8547, any close below 8570 will take it for the range of 8450-8380 in the coming 2 to 3 days.
For BANKNIFTY, it too was bearish on Friday by making low of 19133, it is heading for 19000-18800 zone.
Post hitting the zones mentioned above for NIFTY and BANKNIFTY respectively, i suggest reversing your positions for BUY till 9119+ levels for NIFTY and 20000 levels for BANKNIFTY.
Regarding my sell calls in INFY,DRREDDY,LUPIN,TATASTEEL.
INFY is back on the journey as i mentioned in my last post for 950
DRREDDY wait for 2950 to break on downside and then enter shorts
LUPIN is going for 1485-1445 and post that 1400-1350-1300-1250
TATASTEEL, sell given at 379.95 for targets of 370-360-350-340, 370 was achieved on that day only, hold on for remaining levels.
All are POSITIONAL calls and all prices mentioned are SPOT levels.
Happy Trading !
sir what to do now... any targets for upto Friday closing.
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