Bank Nifty Updates - 09 Oct 2019
9th Oct. Strategy:
Global: Neutral
FII: Neutral
DII: Positive
F&O: Neutral
Sentiment: Cautious
Trend: Neutral
FII: Neutral
DII: Positive
F&O: Neutral
Sentiment: Cautious
Trend: Neutral
Nifty 11000-11075, BankNifty 26750-27250 STRONG BUY zone
Nifty 11250-11300 BankNifty 28200-28400 higher zone
Nifty 11075-11175 small day range, 11025-11200 medium range. Bigger range 11000-11250
BankNifty 27650-28050 small day range, 27550-28200 medium range. Bigger range 27000-28400
PCR 0.96, VIX 17.83, Short covering and buying expected at lower levels
For Existing Long Positions:
Nifty intraday n closing SL 11000
BankNifty intraday n closing SL 27500
BankNifty intraday n closing SL 27500
For Existing Short Positions:
Nifty intraday n Closing SL 11260
BankNifty intraday n Closing SL 28200
BankNifty intraday n Closing SL 28200
For New Positions:
Buy Nifty:
SL 11000 Tgt 11175, 11200, 11250
SL 11000 Tgt 11175, 11200, 11250
Sell Nifty in 11250-11300 range:
SL 11375 Tgt 11200, 11175
SL 11375 Tgt 11200, 11175
Buy BankNifty:
SL 27500 Tgt 27950, 28050, 28200
SL 27500 Tgt 27950, 28050, 28200
Sell BankNifty in 28150-28200 range:
SL 28250 Tgt 27800, 27650, 27550
SL 28250 Tgt 27800, 27650, 27550
Or today call - Buy Bank Nifty 28000CALL ( 10 oct ) @ 170-175 and place to buy another qty @ 150 Tgt 260++ SL 110
For more bank nifty tips visit our official website
Comments
Post a Comment