GDP surprise
Cues from world markets and excellent set of GDP numbers made our markets to close well above the 5000 mark again. The recovery is thick and fast as expected. Rally may be non stop if the levels of 5140 is crossed.
After long time, markets are giving excellent opportunity for day traders to earn some risk less profit. The picks on equity which i gave on last post worked very well (3 to 5% gain each). My chart tells Bank Nifty is ready to blast out.
Stocks to watch out today and trade with long bias are Axis bank, ICICI bank and SBI. Particularly SBI can blast above 2248 level. Once crossed it may target to 2339.
Short term Support for BANK NIFTY is at 9035. So longs can be initiated above that level for a target of 9145 - 9205 - 9250.
Nifty spot levels for the day:
Friends thanks for your support you had given for my new paid service. I had replied to all of them, who has inquired about this service. If any one, i missed to reply may get it by today.
After long time, markets are giving excellent opportunity for day traders to earn some risk less profit. The picks on equity which i gave on last post worked very well (3 to 5% gain each). My chart tells Bank Nifty is ready to blast out.
Stocks to watch out today and trade with long bias are Axis bank, ICICI bank and SBI. Particularly SBI can blast above 2248 level. Once crossed it may target to 2339.
Short term Support for BANK NIFTY is at 9035. So longs can be initiated above that level for a target of 9145 - 9205 - 9250.
Nifty spot levels for the day:
5006 - 5021 - 5040 - 5069 - 5080 - 5114.
Friends thanks for your support you had given for my new paid service. I had replied to all of them, who has inquired about this service. If any one, i missed to reply may get it by today.
Have a happy trading day.
Posts
