Monday, 12 October 2015

BANK NIFTY -Below 17550…Sharp Panic is possible.Be Cautious at Higher levels

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How a trader copes and deals with difficult markets has a greater influence on returns than how they trade through good markets.
LAST CLOSE : 17622.85
now what to do
Break with volumes below 17550 level……………………..then ?
Watch  PANIC up to  17490 level.
Once Breaks 17490 & stays for 15 minutes it will create PANIC PANIC up to 17387 level !
Hurdle-5137
Hurdle at 17682—-17698.Crossover with volumes then ?
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Watch :1264—————-1254 as Support.
Yes ,Once Breaks 1254 with volumes and stays below then ????
SKS-ASR
Decisive Break below 428 with volumes then ???
Target :415———————-411 not ruled out.Honeymoon is over.If revives sell sell !
PANIC SELLING
AXIS BANK ,YES BANK :Both Looking SCARY (Sharp panic ? )

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