BANK NIFTY WEEKLY CHART STUDY
As per our study we mention that bank nifty having a big support at 14300 level so till the time its not moving below this range we can’t see any big fall, till this time it can only do consolidation within 300-500 point range and its same happening on chart now.
As per current chart development, we can see that bank nifty having a support at 14700 and resistance at 15150 level, if able to break 14700 then down side we can see till 14500-14300 upside if able to move and close above 15200 level then we can see 15500-15800 level.
Major trend changes we can observe beyond 14300 and 15800 levels. Till then we can expect a range bound moves.
WEEKLY CALLS
Buy BRITANIA above 1200 sl 1150 target 1270-1340
Buy WOCKHART above 690 sl 660 target 715-740
Buy JINDAL STEEL above 291 closing basis sl 265 target 325-340
Buy RANBAXY above 605 on closing basis sl 580 target 640-685
Buy SUNPHARMA above 818 sl 795 target 855-890
Buy ONELIFE CAP above 242 if close above 242 then only hold sl 215 target 280-340
Buy TIMKEN above 375 sl 340 target 415-440
Hold all the given stock if able to move and close above entry levels don’t stand in loss if they close below entry level.