Readers of the blog would have made good money in both nifty(triggered buy level and zoomed to target 2 of long) as well as acc (which was, well on a one way track).
For Wednesday Trading
Bear Level
Once nifty future breaks 3623, short at retracement level of 3640 with stoploss at 3662 for targets 3595, 3575, 3560, 3530.
Bull Level
Once nifty future crosses 3712, buy at retracement level of 3695 with stoploss of 3681 for targets 3735, 3755, 3765.
King of Banks in trouble
SBIN has made a negative candlestick pattern at a high resistance area.
For wednesday short sbi at 1360 with stoploss at 1389 for targets, 1331, 1311, 1295.
