Market Trend Lab

(Save Nature, Save Birds) TODAY MORNING WE HAVE GIVEN PAIR STRATEGY FOR UNIONBANK AND BANKBARODA  AS: SELL UNIIONBANK FUTURE@226.70 BUY BANKBARODA FUTURE@666 WE BOOKED PROFIT TODAY ITSELF AS: UNIONBANK FUTURE @222 BANKBARODA FUTURE@658 BOOKED PROFIT: INR 5400/- STATUS : CALL IS CLOSED ================================== JOIN US AT THE EARLIEST.... FOR STEADY GROWTH OF WEALTH 'Trade Less Trade Smart' WITH JUST BANKNIFTY

For Bull to return into power , it is important to sustain above weekly Agni level else bear will have upperhand. Today closely watch Weekly Agni Level of 11370  above this level it will have strength to move towards 11600 ... and below this level it will be weak and slip upto 11310....11270 Banknifty is trading in very narrow range... 

HURRY...................HURRY...........!!!! JOIN US BEFORE 3RD OF APRIL 2013 FOR PAIR TRADING SERVICE AT CURRENT PLAN ( w.e.f. 4th APRIL 2013 OUR PAIR TRADING SUBSCRIPTION CHARGES  WILL BE HIKED.. for details one can click on following link http://justbanknifty.blogspot.in/p/service.html  ) OUR ACCURACY RATIO IS  92% IN PAIR TRADING

(Save Nature, Save Birds) TODAY MORNING WE HAVE GIVEN PAIR STRATEGY FOR ICICI BANK AND YES BANK AS: SELL ICICIBANK FUTURE@1060 BUY YES BANK FUTURE@431 WE BOOKED PROFIT TODAY ITSELF AS: ICICIBANK FUTURE @1054 YESBANK FUTURE@434 BOOKED PROFIT: INR 4500/- OUR BRAVE HEARTS BOOKED PROFIT AS: ICICI BANK FUTURE @1054.50 YESBANK FUTURE @435 BOOKED PROFIT : INR 5375 ================================== JOIN US AT THE EARLIEST.... FOR STEADY GROWTH OF WEALTH 'Trade Less Trade Smart' WITH JUST BANKNIFTY

March Month ended in red and week closed in green @11361.85 Let review the month and weekly chart of banknifty... (BANKNIFTY: MONTHLY CHART) Though March month ended in red but managed to close within 'Long Term Support Line' which at one point of time broken . It took the support near 21 month EMA around 11030. (BANKNIFTY: WEEKLY CHART) At the week end (Expiry), short covering helped the banknifty to  sustain above 100WEMA.  Banknifty has broken the 'Weekly Rising Channel'  and took the support near 100 week EMA around 11040 which was the last hope for bull. NOTE: Banknifty broken  ' Weekly Rising Channel '  suggest bearish torn and Month managed to close within  'Long Term Support Line'  which temporarily puts pause to this downfall. In our last post we suggested that this downfall might get a pause near multi-support zone around  11000-11170  and possibility of market might get into range bound.. and it ...

TODAY MORNING WE HAVE GIVEN PAIR STRATEGY FOR RELCAP AND LICHSGFIN http://justbanknifty.blogspot.in/2013/03/pair-trade-call-relcap-and-lichsgfin.html AS: BUY RELCAP APRIL FUTURE @302.60 SELL LICHSGFIN APRIL FUTURE @221.60 WE BOOKED PROFIT TODAY ITSELF AS: RELCAP APRIL FUTURE @310.50 LICHSGFIN APRIL FUTURE @225 BOOKED PROFIT: INR 4500 OUR BRAVE HEARTS BOOKED PROFIT AS: RELCAP APRIL FUTURE @315 LICHSGFIN APRIL FUTURE @226 BOOKED PROFIT: INR 8000 STATUS: CALL IS CLOSED ================================= CLICK ON FOLLOWING LINK  TO CONTACT US http://justbanknifty.blogspot.in/p/contact_19.html JOIN US AT EALIEST.... For Steady Growth of Wealth 'Trade Less Trade Smart' WITH JUST BANKNIFTY

PAIR TRADE STRATEGY FOR RELCAP AND LICHSGFIN TO VIEW THE STRATEGY CLICK HERE  AND ENTER PASSWORD: relcap@lic28032013 ============================== CLICK ON FOLLOWING LINK  TO CONTACT US http://justbanknifty.blogspot.in/p/contact_19.html JOIN US AT EALIEST.... For Steady Growth of Wealth 'Trade Less Trade Smart' WITH JUST BANKNIFTY