Sunday, April 12, 2015

STOCK TRADING FOR APRIL 12 2015

SUNDAY




WEEKLY UPDATE




Bank nifty last week recovered from low 18500 levels eroding all its losses and closed at 18864 levels,


strong resistance for Bank Nifty is at 18975- 19000 levels, breakout above the resistance may


have a short term rally up to 19500 to 19700 levels, over all trend remains positive but


clear breakout will confirm the rally.



Weekly Call :



Buy Bank Nifty only above 19000



and add further on dips up to 18875



with stops below 18500



for targets 19500 and 19700.