Trading Ideas for 11 OCT-2021
NIFTY FUT
0
As suggested in my last blog that once Nifty crosses resistance zone of 17830-17855 it will show levels of 17945-17980. The Index made a high of 17940 & closed at 17900. Technically there is a double top formation at 17940-17950 zone & once the Index sustains above it it will fly towards 17995-18075 with support placed at 17822.
KEY SUPPORT
17820
KEY RESISTANCE
18080
BANK NIFTY FUT
0
Bank nifty failed to garner fresh buying momentum after RBI credit policy & closed the day on a flattish note. Yet again Bank Nifty needs to sustain above 38244 to gather fresh move towards 38500-38670.
KEY SUPPORT
37688
KEY RESISTANCE
38447
PERFORMANCE UPDATE (08 OCT-2021)
Bullish Pick
TCS
Return percent
THE STOCK PERFORMED AS PER CHART SET UP & WAS UP BY 98 POINTS OR 2.51% DURING THE DAY
Bearish Pick
ABB
Return percent
THE STOCK DID PERFORMED AS PER CHART SETUP & WAS DOWN BY 2.35% OR 44 POINTS DURING THE DAY
Lathamangashkar K
October 9, 2021i would like to hear u about Hikal ,a sound company with good fundamentals and keeping very low for quiet some time,and every one is keeping mum.no news no videos etc eytc..pl say some thing.
Vikash Bagaria
October 13, 2021HIKAL: after a rally from 173 to 700-719 odd levels the stock made a double top formation & corrected, now the bottom support lies at 430-450-474 zone & the stock can give a reversal soon….