We still hold to the Monday predictions for Axis bank.
BANKNIFTY price action indicates that there is a resistance at 11372.8. A breakout at this level may indicate a price hike.
We predicted Sell and the trade is ON from Friday. Please move the stoploss to 182, if your trade is still ON. If you want to place a new order, please sell at market price, target 145.65
We are bearish on Reliance, broken 200DMA today. We have seen heavy sell off on this counter. It is broken the major support. The price looks cheap to buy now, but we will wait for one more session to take a call on this scrip.
Indian Stock Markets Holiday tomorrow. Forex predictions will be running as usual.
Yesterday none of the trades executed, today looks like market is very much active.
No reason to sell and No reason to buy. This is the way the market is positioned.
I heard that on CMC markets also we can trade financial instruments of India. I opened on intertrader but I am not sure which is the best.
Jindalsteel hit the resistance and couldn’t go further up. It is in downtrend.
JINDALSTEL price action indicates that there is a support at 341.9. A breakout at this level may indicate a drop in the price.
ICICI bank on a bearish trend due to
1. Interest rate decision by RBI
2. Suspected employees on money laundering issue
3. Bank Nifty down
4. Broken 200 DMA
Over the past few days, it has been observed that ICICIBANK has created a strong support at 1011.15. If the price moves beyond this mark, there is a likelihood of further decrease in the price.