Market Trend Lab

BANKNIFTY after crossing the hurdle of today's Daily Agni and JBNSAR level of 12300-12325 made a high of 12447 ... there by given a gain of 100 pointsssssss

PAIR TRADE CALL FOR SBI AND BANKBARODA : TO VIEW PAIR STRATEGY ENTER PASSWORD : sbibob1976

IMPORTANT POINTS FOR TRADING Banknifty is overbought and flag pattern is developing in daily chart. It is consolidating. MACD yet not given any sell signal. It has to sustain above daily agni and JBNSAR level of 12300-12325 for further upmove.. On downside immediate support is  12170-12200  zone. On upside immediate resistance will be around  12450  and above that strong hurdle of  12540-12580. 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 morning given strategy for ALBK AND ANDHRA BANK  To view strategy enter password : albkandhra7 http://justbanknifty.blogspot.in/2012/12/pair-trade-call-albk-and-andhra-bank.html We booked  ALBK Future @ 160.75   Andhra Bank Future @ 116.70 EXIT Ratio : 1.37 Profit Booked : Rs.4500 Brave Heart also booked profit of 5300 ALBK FUTURE @158.70 ANDHRA BANK FUTURE @115.05 STATUS : CALL IS CLOSED ============================= 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 There is no need to trade everyday... Trade Less Trade Smart...

PAIR TRADE CALL FOR ALBK AND ANDHRA BANK : TO VIEW ENTER PASSWORD : albkandhra7

Just keep a watch on Daily JBNSAR  and   Agni   level i.e from  12350 to 12370 .... This hurdle needs to cross for further upmove.  On Downside banknifty is having a good support around 12200 and on upside resistance is 12540. There is no charm if it trades between this levels..