Hi good morning welcome back after mid weak holiday and today is the weekly expire of the indices and we are opening with a gap up and also in the the last session we are see a huge rally in up direction so according to me the expire related swing will come after 2PM and after huge opening we have to book our previous day carry after the opening 15 min the...
Hi good morning please refer the today's study on the indices for the detailed view on indices and all here i am discussion about the INFY i.e. after crossing days high and giving the 15 min candle close above that level i.e. the 3 -- 5 min candle above that level then we see a up move towards the 1471 because the CE start unwinding which favors the up move and...
Hi Good morning yesterday we tested our strong support of 16850 after facing the resistance at around 17100 and for today we have many shorts in the system as the down move lead by the short build up and as the dows is suggesting and also the sgx nifty that we are opening gap up and the rally in Nasdaq support the CNXIT and we open 17139.5 and start trading...
HI good morning As wee see a huge rally after crossing 16950-17000 zone we see the level of 17190+ and in the closing i highlighted that the markets are in overbought zone at intraday timeframe please book profits and shifted towards IT and as today the bank nifty is down by 200++ points and are more weak then NIFTY but the IT index is not showing the too deep...
Hi god morning As wee see yesterday the market didn't holds our derived levels and we see a massive breakdown in the indices and both the indices closes at days low which is near 16800 but the nifty has surrender its 200DMA and that act as a resistance for nifty and the bank nifty didn't touch its 200 DAM so it may tested that note we have a event that is why...
Hi Good Morning as per the view i have given you yesterday that i like the closing and what happens in the closing session why we fall and the behavior of the dows so yesterday i also wrote that carry the longs will the the momentum tomorrow and we see the US markets gives the up move of 2 % and specially the Nasdaq and it is directly connected with our CNXIT so...
Hi good morning we are seeing the gap down opening so the convection of going short is not valid we are opening below 17000-16950 which is a cautious level we may see a bounce towards the level of 17000 but it is not sustaining may be the IT turns from these level don't go short at low level and long above 17130 till 17300 -17350 the FMCG looks good the level...
Hi good morning the ques shows the bounce back and also we have a oversold market as per PCR data the nifty holds the good support level at 16975-17000 which is good support level i worked till late night for giving you the great view i have shorted some levels and the stocks as mentioned the upside of nifty is 1st resistance is 17257 be cautious now check the...
Hi good morning we don't have enough data for the day but the market looks week as we see the levels on Friday today we open at around 150+ points but if we talk about the Indian indices only then we are at support so may be we see a reversal from these levels we have surrender all the gains of the month but the Fmcg looks good because there are strong stocks...
Hi good morning As we are seeing the consolidating move in the nifty refer my charts as you can see the strong support is placed around 17500 more precisely 17525 and the strong resistance is placed around 17700 and the range is 17690-17717 So we have to go up above successful closure of candle above this level and till now we are in range so be in range market...
so i am going to this chart as i am maintaining my view on this of going up and confirmation of a breakout but today i can see that if this shoots above 910 then there is a another breakout and it goes about 100++ points refer the idea Disclaimer -- I may have some positions in some of highlighted stocks and this is only study for understanding purposed of the...
Hi Good morning as we see markets is in range yesterday and consolidating in that range whole day even after the data is negative which is intraday we all are waiting the FED rate change and its 75bps high and market digested that and dows gives the good move but there is something in the press conference and the dollar index surge up above 111+ which is the...
Hi good morning As we discussed yesterday the market open its major resistance and maintain that level and we see 17900 in intraday but apart the data is positive what happens that market shows profit booking so there is a news that Swedish C. Bank increase the rate by 1 % so market shows profit booking For today the first level is 17717 -17690 which is the...
Hi Good Morning As we see yesterday we see a good recovery from the lower levels and the indices respect their support levels so the resistance is at 17690-17717 once clear this this level then we see a good pside in nifty the banknifty looks good for upside BUT YESTERDAY THE ONE CHANGE IS OBSERVE THAT the nifty has tthe streangth then bank nifty so keep an eye...
Hi good morning all first of all my apologies for late uploading the today because of internet connectivity my application is not opening but i already ready my view and today i am giving more levels then i give in previous So as we see in last session the nifty broke the 1st support and then fall towards the 17500 level which is the psychological Intraday study...
Hi Good Morning As per my view the market took the resistance on the bank nifty around 41800 and hits the new 52 week high at around 41850 and also the nifty took the resistance at 18100 then we see a selloff from that levels which is nothing but the profit booking because 1 of the indices hits the new high so this is a normal process and the data formation is...
Hi Good Morning as we see market gives a great bounce from the days low which is our majore support level so the trend is up until we hold that levlel which is 17775-17825 there is a strong support level and we may see a strong bounce back from here so here comes the upside level which is 18177 which is thw mojor resistance of the nifty If we talk about today...
Hi Good Morning As we discussed yesterday that the nifty opens gap up ad sustain above our support levels and consolidating all day but not crosses our level which is 18177 and the Big gap down may seen today because of Global market but we still maintain our view that bounce near the dips which is near 17775-17825 levels which is the major support as per our...