If U Missed Yesterday ,Then Click Here & See
LAXMAN REKHA for Bank Nifty at 19137
At 13:37 hrs ,Yesterday afternoon -Boldly written 19137 is laxman Rekha and see it kissed high of 19109.65 & Crashed vertically upto 18650 in minutes only.
We Don’t care for Fundamentals/Growth of Economy :100% A Traders should never think about these things @ all.
Below 18714 level if trades with volumes and stays for 15-20 minutes then ???
Slide upto 18582———————-18538 is possible in panic & there after ?
Will It BREAK 18400 level First or Will Now Cross 19137………………….??
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From Last Result Date :Already stock is up by 17%
So it means Profit will be in range of 17-20%…………………Just see Result Today
Good Result will take to 989—-995 level (Intraday )
Support at 944——————————-937.
Break Below 937 with volumes and stays below then ???
Hurdle & Target :300———————————304 level.
Now Support at 285—282.50 level.
500—————————————–493 are Crucial Support or Last Hope !
Once Breaks 493 with volumes ,Watch PANIC Selling upto 473—–467 level in hrs only.
Watch slide upto 460———————457 level.
Once BREAKS 457 with volumes and stays below for 10-15 minutes ,Watch Panic upto 447-444 level in hrs only.
Watch :314—————————312.50 levels
Break Below 312.50 with volumes and stays below :Panic upto 308—306.50———————-302 is possible !
EXIT from Long :RELIANCE CAPITAL ,IDFC ,L&T FINANCE ,M&M Finance …………….
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Updated at 8:37/16th April/Baroda/India