.: Technical view by Nooresh

Thursday, 14 March 2013

Technical view by Nooresh

HDFC BANK and ICICI Bank – Black to White Scam – Cobra Post. Profitable for Analyse India

Posted: 13 Mar 2013 11:51 PM PDT

Hi,

This morning saw a couple of scary bbm messages in the morning as below.

Short Axis Bank, ICICI Bank and HDFC Bank
Cobrapost’s Shocking Mega Expose: Major Indian Private Sector Banks, HDFC Bank, ICICI Bank and Axis Bank, Are Blatantly Running A Huge Nation-wide Money Laundering Racket – See more at: http://cobrapost.com/index.php/index.php/index.php/search#sthash.emarfKGI.dpu

Alert: Cobra Post guys is the one who started Theleka and exposed the Defense scam during NDA Govt. Keep watch on Axis Bank, ICICI Bank as they are on the list today for money laundering, RBI rules violation which will lead to cancellation of licenses or huge penalties if proved.. Documents on Cobrapost website were you can type bank name in search
Alert: Media stationed at Cobra post media conference.

These messages came to me around 9.15 to 9.30 am.

A hour or so later CNBC covered it on their channel. This is the link to their report on moneycontrol – http://www.moneycontrol.com/news/business/hdfc-bank-icici-axis-accusedmoney-laundering_838197.html#toptag

This led to a quick drop in Nifty futures from 5860-5870 to 5805 levels testing important technical levels on Nifty hourly charts and panic reaction creating a superb risk-reward opportunity for clients at Analyse India

Following are the messages sent to clients in our schemes with the timestamps .

QuickGains Premium

meraninooresh (14-03-2013 10:00:13): Buy NIFTY futures at 5805-5810 stoploss 5780 targets 5880-5890

Analyse Intra

Analyse Intraday (14-03-2013 10:03:31): buy nifty at 5805-5815 sl 5790 tg 5850

QuickGains Newsletter ( Pre- Market newsletter )

BUY NIFTY only between 5820-5830 STOPLOSS 5790 on closing basis TARGETS 5880-5900

Detailed chart as below.

Follow up – NIFTY – Newsletter

Book fully at 5875-5880.. Recommended at 5820-5830

Apart from this made some public disclosures on twitter — https://twitter.com/nooreshtech

The tweets are as below

Could get some 5900 calls at 42-43 and Nifty longs at 5810-5815 lets c if we see some big covering because of the news

— Nooresh Merani (@nooreshtech) March 14, 2013

Out of Nifty at 5880 will look to trail half qty in the 5900 options….. Short covering as expected

— Nooresh Merani (@nooreshtech) March 14, 2013

All such tweets also are shared on our facebook page – https://www.facebook.com/nooreshtech

Do share the page and like it.

Meanwhile we have booked our longs at 5875-5880. The markets can continue the momentum with some bank stocks hitting day highs

For more of our services – www.analyseindia.com

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For more details call Ankit 09899899989 Nooresh 09819225396 or mail toanalyseindia@analyseindia.com