Tuesday, September 16, 2014

BANKNIFTY PREMARKET NOTES- 16th SEPT


 

BANKNIFTY PREMARKET NOTES:-

  • SGX NIFTY  is  24 POINTS down showing  GAP DOWN  OPENING. So the BANKNIFTY also will open will 70 POINTS GAP DOWN.
  • FII Activity – CASH SOLD --74 CR / INDEX FUT SOLD -- 1394 CR
  • AS the DATA From LAST FEW DAYS are SHOWGIN FII’s are SELLING at INTRADAY HIGHER LEVELS.

 

BANKNIFTY FUT DEMAND SUPPLY
1 16149 16250
2 16037 16306
3 15966 16366

These levels are where we have to watch how market reacts and we have to take decision as per the PRICE ACTION.

DAILY CHART:-

image

  • There is STILL RSI DIVERGENCE on DAILY CHART. Which is showing to be PLAYING.
  • Yesterday we seen weakness in BANKNIFTY FUT for the FIRST TIME as DAILY CANDLE is showing RED CANDLE and HIGH of EARLIER day is not broken
  • Now the ZONE will be 16366 to 16100 which broken on EITHER SIDE will give the direction.
  • Banknifty Daily Candle is RED CANDLE indicating WEAKNESS.

 

FOLLOW US ON:-

 

TWITTER

FACEBOOK


For Further Reading,
BANKNIFTY TRADING NOTES

0 comments:

Post a Comment

Your Comments and Few words helps me in DOING BETTER WORK.

Thanks

 

Popular Posts

Latest From TraderAdda

Man Behind TraderAdda

, a Graduate in Science is a part time blogger and Full Time Professional Trader from India.

At TraderAdda he writes about Trading Systems, Amibroker Indicators and AFLs, Trading Ebooks, Trading Resources, Nifty Intraday Levels, Nifty Positional View, and many more other Trading Resources.

His area of interest are Technical Analysis, Developing Trading Strategies, Blogging, Gadgets and Reading.

Hope you will find TraderAdda useful. Your comments/Suggestions/Feedback
is important for us.

Join me for Regular Updates on Twitter

Total Pageviews

Protected Site- Do not Copy