Market Trend Lab

THERE WILL BE NO UPDATE ON BANKNIFTY FOR A WEEK FOR FREE USERS ON THE SITE ... WE TAKE CARE OF OUR PAID MEMBERS DURING THIS PERIOD... PAIR TRADING CALLS WILL BE UPDATED AS USUAL. WE WILL SOON INTRODUCE ON THIS SITE STOCK TRADING  POSITIONAL CALLS..

(SAVE NATURE, SAVE ANIMALS) PAIR TRADE CALL FOR AXISBANK AND BANKBARODA TO VIEW THE STRATEGY ENTER PASSWORD ========================================= There is no need to trade everyday... 'Trade Less Trade Smart' WITH JUST BANKNIFTY

(save nature, save animals) ( STRATEGY FOR RECLTD AND IDFC GIVEN ON 5TH FEB 2013 TO SELL RECLTD FUTURE  @244 BUY IDFC FUTURE  @157.8 0 LINK :  http://justbanknifty.blogspot.in/2013/02/pair-trade-call-recltd-and-idfc.html    ) TODAY  (7TH FEB 2013 ) WE BOOKED PROFIT IN  RECLTD AND IDFC  PAIR AS RECLTD FUTURE  @246.50 IDFC FUTURE  @162.10 BOOKED PROFIT : Rs. 6100 STATUS :  CALL IS CLOSED ========================================= 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 has broken the  rising wedge pattern  in daily time frame and now it is important that week also close by breaking the wedge and than it will be regarded as strong reversal signal.  It is in  'Sell on Rise'  mode. Banknifty will face resistance near 12585-12620 zone and support around 12350 . On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..

(Save Nature, Save Animals) PAIR TRADE CALL FOR RECLTD AND IDFC  TO VIEW THE STRATEGY CLICK HERE AND ENTER PASSWORD : rec5idfc ======================================== 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 has broken the rising wedge pattern in daily time frame and now it is important that week also close by breaking the wedge and than it will be regarded as strong reversal signal.  It is in 'Sell on Rise' mode. Staying below weekly JBNSAR /agni level of 12650 /12708  will be weak only and may fall upto 12350 initially and breaking of which will take to 12150 Banknifty will have strength above 12750-12790. On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..

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