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Wednesday, October 21, 2015

Update on Nifty, Bank Nifty and Equity Pick of the day 21 Oct 2015






Yesterday we have seen sluggish move in Nifty and Bank Nifty though traded in a range.



Yesterday we booked profit in Appolo tyre... CESC. Hindzinc flared and made a high of 159. Told to buy above 153.


Hope you all enjoyed in other recommended stocks too as all are moving towards north node


Still need trial... need not to worry at all. Watch more





Nifty





Nifty future has support at 8218 and resistance at 8288. Below 8218 will see panic till 8176---8154 and then to 8122 mark. More and more panic create only close below 8090 mark else it could test its resistance level of 8288 again.

Once it cross and sustain above 8288 will take to 8343---8356 and then to 8380 mark


More and more power only above 8400 mark

Trade with levels only.





Bank Nifty




Bank Nifty.. Support at 17730---17580 and resistance at 17930---18010

Traders can trade in a range with strict stop loss and wait for confirmation.  Any thing seems will update

More levels and updates only to our subscribers....


Be cautious in Nifty and Bank Nifty at lower levels... Any sharp panic will be buying opportunity in it but trade with levels only.






Top pick





BHEL... Formed bearish engulfing pattern on daily chart. Below 211 will see panic till 207---203 mark in days to come

On rise sell it around 214--216. Stop loss above 220 on closing basis





2nd Top pick will update during market hours on our Application



So download application now....








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