Wednesday 16 December 2015

BANK Nifty :Above 16638 ,Target 16894-16979…(Be Cautious at Higher levels )Grab ICICI-Above 254,BOB-Above 162

One of the best patterns is when a stock goes sideways for a long time in a narrow range and then has a sudden, sharp up move on large volume. That type of price action is a wake-up call that something is probably going on, and you need to look at it. Also, sometimes whatever is going on with that stock will also have implications for other stocks in the same sector. It can be an important clue.
Last Close : 16578
Above 16638 level…………if sustains with volumes :
Non stop Rally up to 16894—-16979 is possible.

Above 254 level…………………..If stays then ??
Grab it in TONS………….Rally up to 260-262+++ on card
Above 162 level………………………if trades with volumes for 15 minutes
We see BLAST upto 169-171+++ level.

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