Nifty and Banknifty for 11th May. See some action in the following stocks in bold. See some +ve bias in all major stocks.
Sell Banknifty if it opens and stays below 43210 on 10th May. Banknifty looking unsure.
We may see a fall in the Banknifty on 10th May. Should see BNF fall up to 43k / 42850. Imp levels mentioned on the chart.
Indusind may fall at the start of the day. A little. Thereafter will rise uoto 1153 /1160. Indusind looking to regain lost ground
RIL may fall a bit on 10th May. May fall up to 2460 / 2450. RIL entering a pullback
We may see RIL move up on 8th and 9th May. Should move to 2500 by 9th May.
We should see TCS take off on 8th May. Looks like TCS may breakout from the current trading band. But it has to first cross 3237 and stay above it.
Titan should fall on 5th May. We may see Titan fall up to 2666. Imp levels mentioned on the chart.
We should see HUL rise up to 2525 by the EOD of 5th May. Should be a good long move.
HUL should move up to 2522 on 5th May provided it moves beyond 2511 and stays above this level. Imp levels mentioned on the chart
We may see Indusind Bank fall upto 1130 on 5th and 1118 by the 8th of May. Indusind falling.
We should see some +ve move in Kotak Bank on 5th May. Should move up to 1955 / 1959. Imp levels mentioned on the chart.
We should see the NIfty move up just s little on 4th May. Should move to 18333. No major move seen. It may move up further if it gains momentum up to 18450.
HDFC Bank showing strong signs of an up move on 4th May. Reasons for Banknifty rising on 4th May
We should see Banknifty cover some lost ground tomorrow. Should move up. We may see the BNF move up to 43760 by EOD 4th May.
The Nifty should show a good move on 4th May. Should rise up to 18200 - Tgt 1. 18250 - Tgt 2. Imp levels mentioned on the chart
We should see the BNF move up a little on 4th May. BNF should move to 43400. No major move. Imp levels mentioned on the chart
Should see a small upwards move in Banknifty. BNF should rise up to 43700 by the EOD of the 4th of May.