I’m Bullish on BANKNIFTY & RELCAP, Bearish on TCS USDINR, EUR/USD

BANKNIFTY may find support around 15350, expecting 500 min. point upward rally

RELCAP may find support around 620, expecteing target 650 & above if fundamental supports.

In TCS, we may see 2200-2170 levels, due to profit taking & currency appreciation.

USDINR may show previous levels (59-58.60), if Iraq problem solved soon.

Still, I’m bearish in EUR/USD, but one should hedge the position to avoid unexpected movement against him. FOMC Press Conference ahead.

* Due to bad global fundamental new flows, market may see sudden crash/rise movement, so one should hedge the position, avoid naked trading .

* T & A Apply.

Im Bullish on USD/INR, only if close above 60.45

Im Bullish on USD/INR, only if close above 60.45.Reversal possible if failed to close above the level.

*T & C Apply

My Target of 2280 in TCS has been achieved, intraday high seen 2280.55 has been seen at 10.00 AM. (future level)

Long suggested around 2185-2190.

Points Earned:90

Profit in Future:90*125= 11250/-

Book profit & exit the position.

* T & C Apply.

Still I'm Bullish on TCS

Still I’m Bullish on TCS & expecting upside breakout & might make bottom around 2185-2190.

* T & C Apply

I'm Bearish On DAX index

I’m Bearish On DAX index arround 9880 sl 10050, expecting target 9770-9700-9600, if trend continues.

* T & A Apply.