BankBaroda- Looking for upside push till 161

In small push looking for an upside bounce till the gap zone of yesterday which is 160-161. If it goes beyond 161.60 then likely it was all bigger correction & the bounce could even extend till 170-172 zone.

Dagangan aktif:

10:42 Hrs 14th Oct2016

Trading@155.20

Price not giving confidence of a bounce so let us wait for some more time. No longs & no shorts

Dagangan aktif:

11:12 Hrs 14th Oct2016

Trading@154.45
Nifty is likely to break down below 8540 for 8480-8490 so we will wait for taking long calls