BANKNIFTY REBOUNDED FROM 29800 LEVELS. Expecting Bank Nifty to Break 30600 Levels Before 14th April Expiry.
BANDPASS FILTER SHOWS UPTREND SUPPORTED BY COMMODITY CHANNEL INDEX
BUY 30100 CALL / BUY BANKNIFTY APRIL FUTURE
HEDGE with 29900 PUT
Bank Nifty NSE:BANKNIFTY Inside Uptrend Channel.
ADX below 20 suggests market choppy while STOCHASTICS Suggesting Buying BIAS
Buy 27100 CE BANKNIFTY OPTION When BANKNIFTY Index Approaches 27100 (Support Levels) or Buy BANKNIFTY Futures
Hedge BANKNIFTY with 27000 PUT.
Breaking Support of 27050 will dwindle prices to levels of 26800-26900 levels
DOW has bounced from Support. Long DOW with Possible retest of 25400 by end of Week
Multi Frame Commodity Channel Index of 21 & 100 Periods show Continued Buying. Also being Supported by ADX+Stochastic for Uptrend
Stop Loss near 24850