Market Trend Lab

Today our subscribers booked profit in AXIS_ICICI PAIR between 5000 to 7500 AXIS BANK DEC FUTURE @ 1307 & ICICI BANK DEC FUTURE @ 1104 CURRENT PROFIT : 7512 CURRENT RATIO : 1.18 (Target Achieved) STATUS: CALL IS CLOSED ========================= Strategy for AXIS_ICICI given on 26th Nov 2012 http://justbanknifty.blogspot.in/2012/11/pair-trade-call-axisicici-bank.html PASSWORD OF LINK IS : JBN776 ========================== There is no need to trade everyday... Trade Less Trade Smart... For details of Service offered,subscription charge and for free trial go to following link: http://justbanknifty.blogspot.in/p/service.html fill the contact form given in above link or email at dare44uu@gmail.com

PAIR TRADE CALL FOR BANKBARODA AND CANARA BANK : TO VIEW ENTER PASSWORD : CANARA22

(click on chart to enlarge) IMPORTANT POINTS FOR TRADING Banknifty broke out from flag channel with MACD positve crossing. One can see in above chart the correlation between MACD crossing and flag formation and breakouts. Blue circle on MACD and Flag pattern shows the starting of formation of flag and whereas red circle shows the consolidation within the flag channel. In above chart one can see 3 complete flag patterns and 4th pattern is forming with MACD positive crossing.  For more information on flag pattern one can read  the given link http://justbanknifty.blogspot.in/search/label/FLAG%20PATTERN On downside banknifty is having a good support around  11450-11500 zone. On upside immediate resistance will be around  12300-12350. On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..

BANKNIFTY : Today banknifty closed with gain of 335 points. Banknifty always have strength when it moves above weekly and Daily AGNI / JBNSAR LEVELS. And today MACD also gave Positive crossing  in daily chart. We booked 2ND lot of November future with gain of 400+ points being the expiry day. In November we manage to gain 933 points in BANKNIFTY through CONJBNSAR method which is  capable of capturing big moves.

BANKNIFTY : CONJBNSAR given a long signal on 27th NOV 2012. One lot booked on same day with profit of 100 points . One can book 2nd lot above 11800 as 11875 might act as a strong resistance for today and today is the day of expiry. Keep your eye on 11875 ... as its a strong resistance.

IMPORTANT POINTS FOR TRADING Banknifty broke out from flag channel. but yet MACD has not given a positive signal. ADX is also not showing any strong trend. On downside banknifty is having a good support around  11390-11450 zone. On upside immediate resistance will be around  11720  and thereafter strong resistance around 11875 . On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..

BANKNIFTY : Today after opening gap up.. Banknifty crossed last hurdle of daily agni level of 11550 . Above all daily and weekly levels it got strength and given a rally upto 11663.50. Today CONJBNSAR given a long signal @11460. Hence, two lots was bought @ 11515 with stop loss of 11460. one lot booked today itself with 100 points gain and 2nd lot is on hold

 SBI (NOV FUTURE) 2124.80 IDBI (NOV FUTURE) 102.20 CURRENT RATIO : 20.79 CURRENT PROFIT : 1175   STATUS : CALL IS CLOSED  FOR BRAVE HEARTS ( NOV EXPIRY NEAR BY) ====================================================== STRATEGY FOR SBI_IDBI PAIR GIVEN ON 12TH NOV 2012 http://justbanknifty.blogspot.in/2012/11/pair-trade-call-sbinidbi.html SAME DAY PAIR GIVEN PROFIT BETWEEN 2800-3500 AND BRAVE HEART WAS HOLDING IN PART WHICH CLOSED TODAY 27TH NOV 2012 http://justbanknifty.blogspot.in/2012/11/pair-trade-call-update.html ============================================

IMPORTANT POINTS FOR TRADING Banknifty broke out from flag channel and trading around it... but yet MACD has not given a positive signal. ADX is also not showing any strong trend. It will be a range bound till the clear signal emerge. On downside banknifty is having a good support around  11390-11450 zone. On upside immediate resistance will be around  11535-11550  and there after  11630-11650 zone. On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..

Today AXIS_FEDERAL PAIR given profit of 5300 AXIS BANK FUTURE @1253 FEDERAL BANK FUTURE @472.50 CURRENT PROFIT :  5250 CURRENT RATIO : 2.65 (both target achieved) STATUS : CALL IS CLOSED =========================================================== Strategy for AXIS_FEDERAL BANK given on 23rd Nov 2012 TO VIEW PAIR TRADE CALL ENTER PASSWORD : PT123 in following link http://justbanknifty.blogspot.in/2012/11/pair-trade-call-of-axisbankfederalbank.html

TODAY 26TH NOV 2012 ICICI NOV FUTURE @ 1021 YESBANK NOV FUTURE @ 420 CURRENT LOSS : 8200 CALL STATUS : CALL IS CLOSED  FOR BRAVE HEARTS  ============================= ON 15TH NOV 2012   PAIR GIVEN PROFIT OF 3125 WHERE PART PROFIT BOOKED AND PART WAS ON HOLD BY BRAVE HEARTS http://justbanknifty.blogspot.in/2012/11/closing-update_15.html ============================= STRATEGY FOR ICICI_YESBANK PAIR GIVEN ON 15TH NOV 2012 http://justbanknifty.blogspot.in/2012/11/pair-trade-call-iciciyesbank.html

PAIR TRADE CALL FOR AXISBANK AND ICICI BANK : TO VIEW STRATEGY CLICK ON LINK AND ENTER PASSWORD : JBN776

PAIR TRADE CALL FOR BANKBARODA_CANARA BANK : ENTER PASSWORD : JBN22

IMPORTANT POINTS FOR TRADING Banknifty broke out from flag channel... but yet MACD has not given a positive signal. On downside banknifty is having a good support around  11390-11450 zone. On upside it is having resistance around  11500  and there after 11630-11650 zone. On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..