Nifty In morning post, the importance of 20 day EMA at 15677 and 61.8% retracement around 15628 was discussed and so was the level of 15735 Nifty respected all the levels very well ( 20 day EMA on closing basis, 61.8% retracement on intraday low basis and 15738 was the high for the day)😊 - Today's closing also reflects a Bullish Harami candlestick...
KSCL - Above 785 - 840 and 900 target
Buy above 346.5 for 2,5,10+++ Sell below 343.5 for 2,5,10+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 1485 for 5,13,20+++ Sell below 1475 for 5,13,20+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 1723 for 7,15,30+++ Sell below 1710 for 7,15,30+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 1164 for 5,13,20+++ Sell below 1150 for 5,13,20+++ expected trends drawn Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 5605 for 15,40,70+++ Sell below 5550 for 15,40,70+++ Maxmium expected trend drawn.. Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 6030 for 15,40,70+++ Sell below 5975 for 15,40,70+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 2142 for 10,25,50+++ Sell below 2115 for 10,25,50+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
BULLISH above 34950 for 100,200,500+++ BEARISH below 34750 for 100,200,500+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
BULLISH above 15760 for 25,70,150+++ BEARISH below 15710 for 25,70,150+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Nifty Last time when Nifty was at 15833, our view did not fit in but our strategy to sell 15700 Put option has kept us in the game. ( Nifty is down 150 points. Loss in our strategy is of 14 points ) - 20 day EMA is around 15677 - 61.8% retracement level is at 15628 . Will it take support here or continue the free fall ? I would be cautious if today's...
Testing the 61.8% levels in fibonnaci on weekly chart. and have a resistance at the same level. Need to wait for the breakout. *Educational purpose only
Indiabull Housing Finance treading above weekly breakout of 240 and its less likely that this will come to this or below this level now. It has already break supports of 272 and 263. The next and final support is 252, we may see this level in the coming days and stock will rebound from here. If all goes well in view of the overall market, the Immediate...
Today's day was as expected, BNF reached 32200 levels and reversed from the PRZ. For tomorrow, both indicators suggest a gap-down opening and then a possible reversal from 35650 - 35550 zone and back to 35200 with some hiccups at 35000 which always remains a psychological barrier. If it breaks down further and sustains below 34350, then we may see 34100 and...
Positional Trade(2-3 weeks): Buy: Jubilant Foodworks CMP: 3118 Target 1: 3200 Target 2: 3230 Stop Loss: 3080