VIEWS - 24.09.18

MARKET FALL VERY BADLY ON FRIDAY DUE TO CREDIT DEFAULT.

BANKNIFTY - MADE LOW ON FRIDAY 25228 AND CLOSED AT 25674.

BUY BANKNIFTY 25612-25592 WITH STOPLOSS 25575 FOR THE TARGET OF 25640-25680-25707-25747-25787-25827 ANY MOVE ABOVE 25800 WILL MOVE BANKNIFTY ABOVE 26000

BUY NIFTY 11135-11326 WITHSTOPLOSS 11115 FOR THE TARGET OF 11156-11183-11203-11230-11256-11283. CLOSE ABOVE 11203 WILL BE GOOD FOR THE MARKET .

BUY ADANI PORT ABOVE 361 TARGET 365-370-375-380 STOPLOSS 358.65

BUY BH.AIRTEL 370.6 TARGET 375-380-383.65-389 STOPLOSS 377.55

SELL BPCL BELOW 375 TARGET 370.9-366-361.5-356.8 STOPLOSS 377.35

TODAY WE HAVE TO WAIT AND SEE ANY PULL BACK OR REVERSAL OF TREND.

THE WEAKNESS IS NOT OVER AND AT THE SAME TIME BOUNCE BACK IS NOT RULED OUT.


risky call buy infy 723 target 728.2-735 stoploss 720.35

buy hcl tech 1099.2 target 1105-1113-1121 stoploss 1096.85

infy buy call 1 st target done - HAPPY TRADING
hcl tech buy call 1 st target done -HAPPY TRADING
bpcl sell call 1 st target done - HAPPY TRADING
bpcl sell call 2 nd target done - happy trading