General Trading Chat

BNF

Congestion seen at 21640/660 range
Should reach there.
Lower end at 21530, but not likely to breach 21550

And in case,
opened gap up and doesnt come down, then BNF may click 21700 in short time. :D
High done so far 21667
Though breached 21550 but not the lower level of 21530.
 

john302928

Well-Known Member
Unionbank (spot) once again found support around 154.5 and zoomed up.



It's a healthy candle on the daily. Is it a breakout ??

I dont know about your expectation from this union bank. But i feel it is unlikely to cross above 172.5 at the moment. Because it has some unfinished job in the lower levels in my view.161.95-166.55 could be the zone where it will get resisted and start falling again to complete the job below 140. This is just my view and i could be completely wrong as well
 
I dont know about your expectation from this union bank. But i feel it is unlikely to cross above 172.5 at the moment. Because it has some unfinished job in the lower levels in my view.161.95-166.55 could be the zone where it will get resisted and start falling again to complete the job below 140. This is just my view and i could be completely wrong as well
Sure, but an active imagination could see a cup and handle there. Maybe it is on the cusp and the RBI would do the rest tomorrow :)

 
SBIN

Congestion seen at 298/300 levels
Lower, may touch 290/89, but not likely to move below 291
SBIN did an high (so far) of 298.75
Though broken 291 level but not 289 (low 289.75), as posted

I posted quoted post, when a big fall in SBIN was being anticipated
 

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