Friday, September 19, 2014

BANKNIFTY PREMARKET NOTES—19 Sept


 

BANKNIFTY PREMARKET NOTES:-

  • SGX NIFTY  is  8 POINTS UP showing   FLAT TO POSITIVE OPENING after yesterdays HUGE UPMOVE . So the BANKNIFTY also will open will around 20-30 POINTS GAP UP.
  • FII Activity – CASH SOLD --9 CR / INDEX FUT BOUGHT ++644 CR

 

What we DID YESTERDAY:-

-----We entered LONG at 15844  and we SHARED it on TWITTER .

image

 

BANKNIFTY FUT DEMAND SUPPLY
1 16111 16246
2 15996 16303
3 15874 16367

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

DAILY CHART:-

 

  • After yesterday’s  good UPMOVE in BANKNIFTY now it is expected a CONSOLIDATION or a PAUSE DAY today.
  • As per DAILY CHART this is the PLACE from where downmove is started. So here there will be SOME efforts will be seen from BEARS
  • Banknifty Daily Candle is STRONG BULLISH ENGULFING  CANDLE .

 

FOLLOW US ON:-

 

TWITTER

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For Further Reading,
BANKNIFTY TRADING NOTES

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