As predicted earlier...bank nifty will be starting a move
The move has started with (in all probability) with Hdfc bank...other banks will follow. Trend would be confirmed after 2 more sessions...ie 3 soldiers pattern. Great upside to be seen in nect 15/20 days.
Bought a sept futures lot for hdfc bank and icici bank today. Lets see what is in store
The move has started with (in all probability) with Hdfc bank...other banks will follow. Trend would be confirmed after 2 more sessions...ie 3 soldiers pattern. Great upside to be seen in nect 15/20 days.
Bought a sept futures lot for hdfc bank and icici bank today. Lets see what is in store
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A word of caution. Since this is the last week of aug expiry, i see the rally today as a short covering rally rather than long buildup... trailing stop-loss needs to be maintained at all costs to protect capital. Any signs of exaution....a put option would be immediately required to be bought with a 10% stoploss
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Great day today...almost doubled the capital
