MESSAGES

a weekly close above 22.82 i will turn bullish for a target towards 24k. a weekly close below 22.52 for a target of 21.2 and then 20.5.. myself is working only with weeklies at present. trade safe. best wishes.

at what level will you turn bullish bearish.

just my 2 cents of view . this coming week has no thursday trading to nifty has to adjust within the time span as bank nifty , that probably makes bank nifty even stronger . bank nifty future closed at life high and if we add the gift nifty up move quotient to this bank nifty is probably at the kissing distance to life high on monday morning . how it can rise icici , axis and indus none has moved . if anyone has a great quarter update over weekend and can rise say 2-3 percent and dow future goes up 100 49200 is what we see in a jiffy

lighter bro, i do not know. charts are in decisive. looks it was adjusted close that gave a close above 22.62 for futures. look at the huge divergence on mf for both bn spot and nifty futures that i had been tracking. follow the money... both bulls and bears still need to be cautiously bullish and bearish. last week i was buying dip and this week i probably sell on raise until i am convinced with direction. until there is a weekly close above 22.8k will not trust this up move. you may be right though. above 1550 weekly close hdfc bank very likely raise vertically. trad safe. best wishes.

passerbhai there is a new high coming another leg of upmove. it correction done banks ready to move up. hdfc all time high indus ind kotak all.

unless something really bad happens bank nifty is set to close above 48000 now .

indexes have done a great job in comparison or what dow did . will we tank or save in last 65 minutes ?

nifty futures formed a megaphone and returned from 22.733 odd value. 22.620 is pivot. as long as they are trading below that they will reach 22.4k level on the other side of the megaphone. very likely a breakdown will happen to get to 22.2k 21.8k levels. my view is simply based on charrts. hdfc bank has good resistance at 1550. i doubt if it gives a weekly close above 1550. if it does then it may move similar to maruti on megaphone. so i am cautiously beariesh with small sl. if bn close ing 48k on weekly then also i will not carry but just do some intraday scalping next week too. for the last week or so i bought the dips and all trades worked.... also as i have been saying bn weekly is still not strong and bn trying to go up. myself not following any other news. news also confuses our trades. trade safe. best wishes.

passerby bro, are you expecting a downmove, is it because of global scenario or any other triggers

please wait till 2.15 before shorting