Market Trend Lab

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 : 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

BANKNIFTY: CONJBNSAR triggered a Buy signal on 2nd Nov. 2012 @ 11440.. Today banknifty made high of 11568.. . one lot is booked with 100 points gain... and 2nd lot hold till CONJBNSAR gives reversal signal..

CONJBNSAR triggered buy signal on 18th Oct 2012,  @11425 ...(spot value) ... one lot of BANKNIFTY  booked with gain of  100 points  on 18th oct itself...and 2nd lot is   still open as one has to keep filter of  0.6%  on CONJBNSAR (i.e. for today  11397  as stop loss ) for 2 days so as to give a survival chance to CONJBNSAR TRADE..  From tomorrow onwards i.e. on 23rd Oct there will be no fileter. *** One can also book 2nd lot  as expiry is near by or hold till the day of expiry with CONJBNSAR triggers ****

CONJBNSASR triggered buy signal on 18th Oct 2012,  @11425 ...(spot value) ... one lot of BANKNIFTY  booked with gain of 100 points yesterday...and 2nd lot is   still open as one has to keep filter of 0.6% on CONJBNSAR (i.e. for today  11390 as stop loss ) for 2 days so as to give a survival chance to CONJBNSAR TRADE..  *** Hold 2nd lot till the CONJBNSAR gives reversal signal****

CONJBNSASR triggered short signal on 8th oct 2012 @11418 ... Now b ook one lot of BANKNIFTY short near or below  11320. ..(Low made till now  11271 )  thereby given a gain of 100+  points......  *** Hold 2nd lot till the CONJBNSAR gives reversal signal****

Today Banknifty was facing three strong resistance after crossing down 11500 i.e. Day Agni , JBNSAR and CONJBNSAR at 11504 , 11482 & 11492 respectively... and fall down upto 11374 Short taken as per CONJBNSAR has still open as one has to keep filter of 0.6% on CONJBNSAR for 2 days so as to give a survival chance to CONJBNSAR TRADE.. CONJBNSAR has given big rally hence it is possible that it may give whipsaw..  Banknifty is consolidating...

CONJNSAR triggered buy signal on 11th sep 2012 at  10054... and today  it given stop and reverse point at   11418  there by given a gain of  1364  pointsssssssss.... **** NOW BANKNIFTY is having hurdle between 11500-11550  and support around 11380-11400 ***** More weakness below 11380-11400

CONJNSAR triggered buy signal yesterday at 10075..   and minimum two lots traded... today banknifty made high of 10223 .. there by given a gain of 148 pointsssssssss.... One lot should be booked at profit of 100 points and other lot should be hold till the CONJBNSAR reverses.... *** Banknifty is facing resistance near weekly JBNSA R  10216 ****