BANKNIFTY 15% UP IN THIS WEEK. BANKNIFTY CHARTWISE SEEN SOME RES. NEAR 20200/20800
LAST WEEK NIFTY UP 13% . GIVEN EXTRAORDINAIRE RETURN. BUT NOW NEXT WEEK WE SEEN SOME RESISTANCE IN NIFTY EVEN NIFTY NOT FILL GAP ALSO SO BE CAUTION IN NIFTY. NIFTY RES. SEEN NEAR 9350/9400 DOWN SIDE WE SEEN 8900/8700/8500+ NSE:NIFTY
SBI TAKEN GOOD SUPPORT NEAR 175/180 IF NOT CLOSE BLW 172 WE SEEN GOOD UP SIDE IN THIS COUNTER SOME RES. SEEN AT 200 IF CLS ABV THEN NEW RALLY START IN THIS STOCK
LAST FEW DAYS BATA TRADE IN NARROW RANGE TILL NOT CROSS 1308 OR BELOW 1145 NOT SEEN MORE ACTIVITY . SO TILL NO TRADE IN THIS COUNTER WHICH SIDE BREAK SUDDEN MOVEMENT PSBL.
BAJAJ FINANCE IS LEADING Co. IN THIS FIELD BUT LAST 1 MONTH THEY DOWN HEAVILY . NOW TREND DECIDE LVL IS 2400. IF 2400 BELOW NOT SUSTAIN OR CLS THEN UP SIDE CON.
Lupin recent low 500 to now 1 way up to 798 level. near 818 seen some resistance if not sustain abv or cls then profit booking start. its my view. before taken any position plz ask your financial advisor help.