depending on fed and tonight dow . bank nifty can go 49800 easily and nifty might go 22800
techwalks bro, i am not super smart.. i just trade on probabilities that i think with calculated risk.. i had to close my carried shorts. i closed most of them on friday when i saw futures closing above 21520. i stil left my june puts as there is still time and my avg there is very very low because from 250 it hit 500 odd level earlier where some profit booking is done. it is still around 275. so for june puts i will make decisions based on only weekly close. market is closed for me for that trade.. smiley.. icici bank megaphone breakout target reached almost within a day. i expected it to move like that after a weekly close above 1125. but intraday itself it moved.. somewhere between 1170 and 1180 is the target. results are good. looks everyone felt like oaisis in a hot desert. so a reversal can happen quickly. futures now seems to be attempting to give weekly close above 22820. but million dollar question is can it... hdfc bank is in no mans land with 60plus or minus 1480 as trading range. i expected icici to be 1080 plus or minus 40. lets see week is still long... fresh trade of may shotrs only after fed event. best wishes.
bro it dazzled and blew the bears away. being a super smart trader i am sure you avoided losses . i greatly appreciate your humble trading approach
The RalAI Bro, For nifty pharma this monthly close is important. Looks currently a rounding top formation is in progress. A monthly close below 19140 19k band can take it towards 18k and 17.4k. A weekly close above 19.4k and 19.6k band has potential for another upward breakout.... Need to review whenever that weekly close above 19.4k happens. Infact similar pattern on nifty spot monthly22.455 which is Mar Close. I am thinking it will be red cross or even reverse hammer for nifty. Trade Safe. Best Wishes.
pb bro, anifty pharma not going as per your expectations
right . results are flat but these results will propel bank of baroda , pnb and sbi up . i guess bank nifty will probably try to go to 48900 for once
techwalks bro, yes the results are good except the only parameter that you had been tracking nim. smiley. to cross 1125 i think it requires good nim improvement. very likely sell on raise if it gets there with a weekly close above 1125 as stop is my view. trade safe. best wi.
ICICI bank results if some experts can review and audit threadbare
how is the result of icici pb sir . on what parameters did it disappoint .
by the looks of dow . Melt down averted after GDP and inflation data. market not nervous means market digested means . today at the end selling in india was a buying opportunity . let us see if ICICI , KOTAK , hdfc and indus rise 1-2 perent monday and sbi and axis correct 1 percent
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