Apr10-2017 Mercury retro NIFTY BANKNIFTY MOVEMENT..& preparation of HANUMAN JAYANTI FULL MOON

!!Om Namo Narayana !!

wooOO..Mercury Retro started n fear confusion war seen... but why to worry...time will try to make u confuse ..ur positive attitude n calmness will defeat confusion n palpitation...

Last week friday mkt moved as expected levels touch... some trades r carry fwd...

Auroph puts rock .. tatamotor gearing up for Hanuman Jayanti... coalindia Bpl moving Acc gears up.. Drreddy fall ..more to come...

Banknifty moved n closed below prev sup n lows ... nifty closed below 9200..

Now prev tops r sup in Nifty n banknifty 21330/200 sup... n 9166/49 spot...

NOW FOR Monday 10/4/17

*Opening till 9.32am some weakness.. it can open up n till 9.32 from open price will b down...*

*9212/20 -9166  21480-330 *

*After 9.30am - 12.30 pm Banknifty from lows 50-80-145 pt up...*

*12.40 to 2.40 pm sideways dull nifty in 30pt range n bn in 80 pt..*

*2.40 pm onward Balanced positive will try for 9212-20 + above to stay n 21480-540 abv...*

..9.30 AFTER GOOD TO PLAY 50/80/150 PT BANKNIFTY FOR DAY...

Disclaimer - as given in blog ONLY FOR STUDY PURPOSE

Uco bank facevalue 10.. wave.......#denimpositional

Ucobank....... it sounds that we shld avoid...True.. it was in correction mode after wave 1 rock ...from 2000 to 2011 15 to 150+++ A 11 year journey n seen correction 5.5years.....

*Now technical front stock rising abv 200dma.. n at 37+..*

*Npa r sold off .. 2016 year was of loss every quarter ..though sales rised...*

*Recently raised bonds 1100cr which Lic will buy... credit growth ahead is good... bad loans factored in...* 

*37+ expecting 60-78-88- at 88 some timebased consolidation n brkouts for 160..  235--305---  span of 2-5years ... 1-2.5 yr it will take to reach 160 n frm 160-300 another 3 yrs...*

*With impulse wave goods news to come...

Facevalue 10 means eq r same frm start*

#denimpositional #ucobank

Just for study... follow ur investment advice if u invest.....