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nifty levels for friday ....
| From : Rajesh Jindal at 08:16 PM - Jun 18, 2009 (32 months ago) |
plz wait 1st 15 min for any trade . nifty trading below 4300 id weak indication . bt bank nifty showing gud sign for recovery . plz watch nifty n bank nifty both in tomorrow intraday if bank nifty close below 6700 then we can see 4000/3900 in nifty . if it holds n close above 7300 then buy any of banking stock for huge-huge gain.
plz n plz put strict stoploss in ur every trade . wish u a very happy n safe trading day ahed.
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BANK NIFTY...SOMETHING IS COOKING....VERY SAFE AT CURRENT LEVEL ...BUY AT DIPS IS THE RIGHT STRATEGY FOR BANKNIFTY
thxn for this valuable tip. greate man
I have been working on Bank Nifty for quite some time, although call given by Rajesh is good, still I would suggest a safer level of 7360, beyond that no problem with bank stocks. On the lower side please watch 6980 - 7000 levels, if bank nifty comes to this range then on a safer side short below 6980 (Stop loss 7010) for a good benefit. Nearest support is around 6300 - 6400 level. Do not get panicky as Bank future jumps in bigger value as compared to normal nifty and also monitor Bank Nifty (not future) for decisions.
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