TRADING CALLS
- Achiievers Equites Ltd
- Aiwin Commodity Borker Pvt Ltd
- Angel One
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- Axis Securities
- Chirag Singhvi
- Choice International Ltd
- Dynamic Levels
- Elite Wealth Advisors Ltd
- Emkay Global Financial Services Ltd
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- GEPL Capital
- Green India Commodities
- HDFC Securities
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- ICICI Direct
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- InvestmentGuruIndia.com
- Jainam
- Karvy Currency Derivatives
- Kedia Commodities
- KIFS Trade Capital
- LKP Securities
- Maitra Commodities Pvt. Ltd.
- Mansukh Securities & Finance Ltd
- Monarch Networth Capital Limited
- Motilal Oswal Financial Services Ltd
- Nirmal Bang Securities Pvt Ltd
- Reliance Securities
- Religare Broking Limited
- Sky commodities Pvt Ltd
- SPA Securities Ltd
- Sushil finance
- Swastika Investmart Ltd
- Tradebulls Securities (P) Ltd
- Ventura Securities Ltd
Mansukh Securities & Finance Ltd
Published on 28-10-2026 11:08 am
HIGH RISK HIGH VOLATILE: BUY BANK NIFTY 54000 CALL NOV ABOVE 1108.75 SL BELOW 1035 TGT 1140-1195-1250, 23 NOV
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ICICI Direct
Published on 28-10-2026 10:31 am
Technical Outlook :
• The index started the day on negative note and remained southward wherein intraday pullbacks were short lived. The daily price action formed is bear candle with higher high higher low indicating breather at higher levels.
• Going ahead volatility is likely to remain elevated ahead of US Fed meet outcome. Index failed to close above previous session high for seventh consecutive session indicating bias remains corrective as long as it forms lower high lower low formation. A decisive close above previous session high(54654) will be a prerequisite to pause the ongoing corrective phase.
• The breach of immediate support of 53800 would result into extended correction wherein next support is placed at 53000 being 61.8% retracement of Apr-Jun rally (49950- 58700)
• NiftyPSU Bank Index relatively outperformed for the day formed bull candle with higher high higher low indicating positive bias.
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ICICI Direct
Published on 28-10-2026 10:31 am
Nifty Bank : 53974
Technical Outlook
Day that was :
Bank Nifty ended the day on negative note down 0.7% at 53974 on back of mixed global cues. However, the Nifty PSU Bank relatively outperformed for the day gaining 0.4% for the day.
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ICICI Direct
Published on 28-10-2026 10:31 am
Intraday Rational :
Trend – High wave candle near short term moving average signifies prolonged consolidation
Levels – Sell around Tuesdays close
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ICICI Direct
Published on 28-10-2026 10:30 am
Key Monitorables
• US Fed meet
• Crude Oil
• US 10 Year Bond yields
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