Market Trend Lab

(Save Nature, Save Animals) TO VIEW THE PAIR STRATEGY FOR  PNB AND VIJAYA BANK CLICK HERE AND ENTER PASSWORD: p252013vb =================================== There is no need to trade everyday... 'Trade Less Trade Smart' WITH JUST BANKNIFTY

(SAVE  NATURE, SAVE ANIMALS) Today brave heart  booked profit in   LICHSGFIN AND RECLTD PAIR as follows: LICHSGFIN FUTURE  @ 279.10 RECLTD FUTURE  @234 BOOKED PROFIT :  Rs.5100/- STATUS :  CALL IS CLOSED Yesterday itself we booked part profit in pair as: LICHSGFIN FUTURE  @ 278.50 RECLTD FUTURE  @231.40 BOOKED PROFIT :  Rs.3100/- STATUS : CALL IS CLOSED ================================= STRATEGY FOR LICHSGFIN AND RECLTD PAIR GIVEN ON  24TH JAN 2013 TO VIEW STRATEGY CLICK ON FOLLOWING LINK  AND PASSWORD IS :  242013r http://justbanknifty.blogspot.in/2013/01/pair-trade-call-lichsgfin-and-recltd.html ======================================================= There is no need to trade everyday... 'Trade Less Trade Smart' WITH JUST BANKNIFTY

(SAVE NATURE, SAVE ANIMALS) PAIR TRADE STRATEGY FOR LICHSGFIN AND RECLTD. TO VIEW THE STRATEGY CLICK HERE AND  ENTER PASSWORD: 242013r ====================== There is no need to trade everyday... 'Trade Less Trade Smart' WITH JUST BANKNIFTY

(Daily chart : To enlarge click on chart) IMPORTANT POINTS FOR TRADING Banknifty is in 'Sell on Rise' mode. This week expecting banknifty to remain under pressure  (Till RBI policy review on 29th JAN 2013). Yesterday after filling the gap of 12510-12547 banknifty closed at weekly JBNSAR @12635.  Banknifty is trading within a  Rising Wedge Pattern..  and its support line comes around  12515. Today immediate resistance will be around 12700. On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..

(Daily chart : To enlarge click on chart) IMPORTANT POINTS FOR TRADING Banknifty is in 'Sell on Rise' mode. This week also expecting banknifty to remain under pressure  (Till RBI policy review on 29th JAN 2013). Banknifty is trading within a Rising Wedge Pattern..  and its support line comes around 12470-12480  and it has  created a gap on 31st Dec 2012 and 1st Jan 2013  i.e.  12512 to 12547. Hence today 12470-12510 may act as support and may give small rally towards 12650 . In above daily chart one can see the negative diversion in  MACD  which indicated well to be cautious at higher levels Where as  Stochastic  will confirm down move (bigger correction) once it breaks the black arrow. On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..

Yesterday we have taken long position @12640 spot (near weekly JBNSAR 12635)  in Banknifty and today one lot booked near resistance 12710 and another lot booked near resistance 12740-12760 zone... BANKNIFTY made a high of 12746.55  spot (till now)..

(Daily chart : To enlarge click on chart) IMPORTANT POINTS FOR TRADING Banknifty is in 'Sell on Rise' mode. In above daily chart one can see the negative diversion in  MACD  which indicated well to be cautious at higher levels Where as  Stochastic  will confirm down move (bigger correction) once it breaks the black arrow. This week also expecting banknifty to remain under pressure  (Till RBI policy review on 29th JAN 2013)  and might trade in range of  12600-12840. On downside banknifty has important support around  12580  and a  gap created on 31st Dec 2012 and 1st Jan 2013  i.e.  12512 to 12547   On upside immediate resistance will be around  12680-12710 zone. On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..

(SAVE NATURE, SAVE ANIMALS) Today strategy given for   PFC and IDFC  Pair SELL PFC FUTURE  @213.75 BUY IDFC FUTURE  @174.80 We booked profit today itself: PFC FUTURE  @212.50 IDFC FUTURE  @176.20 BOOKED PROFIT  : Rs. 5300/- STATUS : CALL IS CLOSED =================================== There is no need to trade everyday... 'Trade Less Trade Smart' WITH JUST BANKNIFTY

We booked profit in ALBK AND VIJAYA BANK ALBK FUTURE @ 186.05 VIJAYA BANK FUTURE @62.95 BOOKED PROFIT : Rs.2300/- ================================= STRATEGY FOR ALBK AND VIJAYA BANK PAIR GIVEN ON 18TH JAN 2013 TO VIEW STRATEGY CLICK ON FOLLOWING LINK  AND PASSWORD IS : 18av2013 http://justbanknifty.blogspot.in/2013/01/pair-trade-call-albk-and-vijaya-bank.html ======================================================= There is no need to trade everyday... 'Trade Less Trade Smart' WITH JUST BANKNIFTY

(Daily chart : To enlarge click on chart) IMPORTANT POINTS FOR TRADING Banknifty is in 'Sell on Rise' mode. In above daily chart one can see the negative diversion in  MACD  which indicated well to be cautious at higher levels Where as  Stochastic  will confirm down move (bigger correction) once it breaks the black arrow. This week also expecting banknifty to remain under pressure  (Till RBI policy review on 29th JAN 2013)  and might trade in range of  12600-12840. On upside banknifty has resistance around  12780-12840 zone and  on downside it has important support at  12580 . On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..