Market Trend Lab

(Banknifty : Weekly Chart) Banknifty has broken the rising wedge pattern and MACD yet to give negative cross over. On upside it is having resistance around 11300-11400 zone and on downside immediate support around 11050 .. This week one has to watch very critical support of 100 Week Moving Average around 11050 and below which it can slip upto 10800-10750 level. ================================================= TO LEARN THE JBNSAR TECHNIQUE OR  TO SUBSCRIBE CONTACT US : http://justbanknifty.blogspot.in/p/contact_19.html TRADE LESS TRADE SMART

(Banknifty Daily Chart) In above Daily chart of banknifty, it has just broken the rising wedge pattern which is the bearish pattern. One can also see  Head and Shoulder pattern and breaking of both pattern suggest deeper correction in banknifty towards 10000 level. 200DMA is around 11150...

(Banknifty Weekly Chart) Banknifty is trading in rising wedge pattern and got sold off from the wedge top around 12150 and  took the support near 100WMA around 11045 . For coming week upside immediate resistance is around 11385-11450 zone and downside its having support around 11140-11180 zone.  It will be weak below 11045 . Rising Wedge pattern is considered as reversal pattern when it is found in uptrend. It will be bearish only when it breaks down the pattern followed by stochastic and MACD indicator. Yet the pattern is not broken.

BANKNIFTY TRADES UPDATE  FOR December MONTH (*level given for spot price) : On 30th Dec 2013 : Buy banknifty  @ 11470 Buy 2 lots of put option of strike price 11000 @140-142 both lot Exited  @11390 (Loss of 160 POINTS) both put option of strike price 11000 booked @180-185 (Gain of 80 POINTS) TOTAL NET GAIN BOOKED IN THIS TRADE : -80 POINTS ================================================= On 26th Dec 2013 : sell  @ 11390 (only one lot) Exited  @11445(27th Dec 2013) (Loss of 55 POINTS) TOTAL NET GAIN BOOKED IN THIS TRADE : -55 POINTS ================================================= On 24th...

As year 2013 is ending and we are bringing special offer for our existing members and for new members..  Plz note that from 2014 we will hike our subscription charge for banknifty. Hence, take the advantage of special offer at the earliest.. CONTACT US FOR SPECIAL OFFER.. Existing members: We already email about our special offer...  New members: plz contact us by filling the form given in below link for special offer: http://justbanknifty.blogspot.in/p/contact_19.html To know more about features of our service go to below post: http://justbanknifty.blogspot.in/2013/12/banknifty-special-year-end-offer-hurry.html TRADE LESS TRADE SMART

Features of BANKNIFTY Service: Our Accuracy level is above 90% for banknifty call service. We developed JBNSAR and Unique stoploss method for trading in banknifty and volatile stocks. Our Strategy for banknifty is always 'Low risk high return' It’s a positional calls and full support during market hrs. . hence, one can easily handle with their daily routine work like office or house work.. Number of calls are very limited and thereby even saves transaction and other cost. More over we guarantee minimum return to our subscribers like minimum gain of 300 points on an average per month which is now increased to minimum 400 points gain on an average per month… Maximum points no limit …. So nothing to loose… Our on an average points gain till date comes around 900 points per month which is well above our guarantee minimum points of 400 … If minimum points gain not achieved than service period is extended till it is achieved. It only means that here subscribers are payi...

Banknifty got soldoff from ' Rising Wedge' top around 12160-12200 and moving towards the gap around 11108---11469 .  On downside it is having support band around 11150-10950. We have sold banknifty near the top of the ' Rising Wedge ' i.e.  @12145 and our subscribers made good profit in this trade. In December month (till date) we have booked gain of 840+ pointssssss ================================================ HURRY.... TO SUBSCRIBE FOR OUR SPECIAL YEAR END OFFER CONTACT US : http://justbanknifty.blogspot.in/p/contact_19.html TRADE LESS TRADE SMART