Axisbank yesterday has traded around its highest level and was able to close comfortably there. But an all-time high is still 1% away, so what should be our approach? Shall we buy or sell this stock? Axis bank analysis will clear this all. Let us find the answer with technical analysis and by watching derivatives data. Technical analysis on Axisbank: Axis bank has tested its previous high ... [Continue Reading]
Nifty Futures Trading Positive, Trading Advice is Short Sell Nifty Futures on Rally, Upside Capped at 5180 level
Markets are trading positive as most of the Asian markets were trading in positive territory today, so even our domestic markets saw some rally. This is just a pullback after continuously decline in nifty futures but the trend is still down. So traders must keep looking for selling opportunities as long as the nifty futures remains below 5178 on closing basis. But our short term strategy will be ... [Continue Reading]