For Long term purpose. Have a look at the linked idea for shorter timeframe trade.
Last week Nifty was in consolidation mood which went on till yesterday's expiry. The stop loss for NIfty was 11750 (spot prices), so adding to previous long positions was done. Now looks like NIfty has taken U turn from 11800 itself and no more adding to longs will be done. Right now it is Buy on Dips for Nifty
Axis is Also in my watchlist for today Intraday Setup, Consider watching the Buy or sell Levels.
Target Hit in sell side
Regrading Bank Nifty Index : Yesterday Index has made a new high (30699) almost on their resistance Level (30805). Remember Today is Weekly Expiry and Sentiment is Already on here Because Govt sets up Rs 25,000 crore alternative investment fund to revive realty sector. News Can find here : economictimes.indiatimes.com Remember Housing Project direct Connect with...
Indusind is looking in a good position for a long position. Level is 1390 to build a long position in intraday for 04 November 2019.
I am going to share my Long and short build-up Idea for Next Week in the Bank Nifty Index.
Kotak Bank formed an ascending triangle pattern on a shorter timeframe.. Breaking out the similar pattern both on price and RSI.. Likely to hit the all time high's again..
Here is my second pick for today Intraday.
Here is my Today pick for Intraday. Consider watching the chart for the Reason behind it.
Yesterday Bank Nifty has given a nice Upside move but it was stuck in a range in the second trading session. we will use this range for today intraday.
Here is my Today Trading idea.
Bank Nifty has negative trend. I could be go down.
Price is in side ways movement. If it's break out it possitive, go for long. if it's break out is negtive, go for short.
Levels were given on the chart.
Here is my Intraday idea for HDFC Bank.
Here is my idea Intraday setup for Bank nifty Index for 11th October 2019