Understanding Dollar index ProjectionDollar index if makes low we probably will have RISE and Index and Vice versa this is correlation of Dollar index with Index in a particular Dynamics of Market.
Index
Mild bullishReliance may follow this path to give upper side move bt we will have to act smartly, strict stoploss bcoz of global sentiments bt yes reliance ko jana hii we can start with sip mode to archive higher 🎯targets
Nasdaq. Possible course of action for a week or so.I think the macro low is in, until proven otherwise.
That said, we have some work to do lower. Possible sidelined demand.
GL
NIFTY - Russia Ukraine Index CrashRussia-Ukraine has created panic around world markets and almost all global indexes are seeing big fall in numbers. Nifty which was already bearish turned received heavy selling today as well and have breached an important support line of 16400. However there is one more ascending trend line support available at around 16000 level which has worked in past when index consolidated for more than 60 days. Range starting from 15500-16000 last time was area of major action when lot of tussle happened between bulls and bears and finally breakout happened for further fresh rally. If price continue to fall we can except some kind of support along trendline highlighted on chart.
LALPATHLAB lalpath lab sharing gain looking good and forming good base from last whole week we can see a good move but also market support needed to every stock.
if market goes up stocks will also go up if nifty falls obviously stock will also fall but without any reason a fall is their.
Participant Wise Open Interest in Index Future The overall story looks like Retailers are bearish, FIIs Slightly Bullish, Pros are bearish and DIIs bought and sold Futures for hedging Purpose.
Morning Mantra, 18th February 2022Good Morning!
Fortunately we did witness a closing of above 17300 for 3 consecutive days.
Moreover, we are now positive on the Market. Although there is still a need to stay cautious as of now. In addition to that, it is being expected that we can witness a sudden and a sharp rise in the upcoming days.
Also, continue staying Stock Specific.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
UK 100 - FTSE CMP 7524.4 Short - 7537-7550 Target - 7507- 749UK 100 - FTSE CMP 7524.4
Short - 7537-7550
Target - 7507- 7498- 7485- 7455+
Risk Taker can short @ Cmp
SL 7563
Morning Mantra, 17th February 2022Good Morning!
Fortunately, even yesterday we witnessed a closing of above 17300 from Nifty. So, with one more day left to witness such a closing, let us hope for the best.
Stay cautious and keep your eyes on the index. Moreover, keep following the Cherry Picking strategy as of now.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 16th February 2022Good Morning!
Just as it had been stated yesterday, similarly we did witness a beautiful bounce back in Nifty from the level of 16842. As also did we witness a closing of above 17300, yesterday itself.
Now, with staying cautious we are looking forward to a stable closing of above 17300 for 2 more days (i.e., Today and Tomorrow).
Also, keep up with the strategy of Cherry Picking, as of now.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
nifty important lvls for monday 07/2/22I have market some important resistance and support in the market, my view is neutral but I would not trade big on the break down in fact I wont just trade on nifty because there are good supports just below it and can take the sl easily, where as on the upside break out I will be trading with few lots because its Monday and I usually don't trade in index on Monday, but i will try few lots as it shows good in charts. s1 is the major support in the market so I would consider wait and watch on the down side.
Morning Mantra, 1st February 2022 Good Morning!
It’s the Budget Day, Today and the expected range for the Market for the day will be 18350-16350, i.e., 1000 points up or down herefrom (17339). Therefore, high fluctuations in the Market can be witnessed, Today.
In addition to the above, it will be suggested to give yourself some time before reaching to any conclusion during the Budget session.
Stay Cautious!
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Nifty50 Bearish Move Analysis 21/1/22The reason for my trade and why I was bearish and waited till FIIs opened.
Morning Mantra, 28th January 2022Good Morning!
Since, Nifty failed to sustain above the crucial levels of 17300 - 17400 yesterday, we witnessed a closing of around 17110.
On the other hand, on a positive note, after making a bottom at its stated support level, the index did take a beautiful bounce back therefrom. So, basically today, we will again be looking forward to a closing of above 17400, for the Market to be in favour.
Moreover, since we have the budget coming up in the next week, it will be suggested to kindly protect your capital and to avoid making any aggressive trades, as of now.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Client Wise Position In Index FuturesAfter Todays Blood Bath i thought why not publish an idea of who bought index future and who not.
Morning Mantra, 17th January 2022Good Morning,
In adherence to what we had stated on the last trading day of the previous week, similarly somewhat the same is our view for today as well, as no big momentum was observed in the Market on Friday.
Where as of now we can see that Nifty is consecutively facing a Resistance at our stated level of Resistance at 18300. However, as per the chart setup, we are still positive for our predicted Target of 18500, with an immediate support of 17940.
Moreover, since it’s a Month of Results, so staying stock specific will still be suggested, as of now.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 14th January, 2022Good Morning,
Wishing You & Your Dear Ones A Very Happy Makar Sankranti!
May this auspicious day brings more positivity in the Market.
Well, as per our stated level of Resistance of 18300, we can see that Nifty is consecutively facing a Resistance at this level. However, as per the chart setup, we are still positive for our predicted Target of 18500, with the immediate support of 17940.
Also, Staying stock specific will still be suggested, as it’s a Month of Results.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
[Niftybank] Intraday Support and Resistance Levels - 14/01/2022This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis .
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
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Rising Bull 💯
#risingbull #trader #ashishgendle #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Morning Mantra, 10th January2022Good Morning!
Since few days now, we have been suggesting to wait and watch for either a break through down the level of 17630 or a crossover of above the level of 17800 by the index. Similarly, now that we had witnessed a closing of above 17800, i.e., a crossover of above the resistance level, we will wait and watch for today’s closing, in support of the Market’s efforts in deciding for its New Trend.
Moreover, now that the Market seems to have stepped onto the stairs of an uprise, we can upgrade our immediate level of support to be at 17800, followed by 17630 and 17360, respectively. However, the level of Resistance will remain to be the same, i.e., at 18090, as of now.
Also, as per the current market situations, it’ll still be suggested to Stay Cautious and Be Stock Specific!
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Nifty 50 Analysis (1H)Comment down your stock for analysis
Nifty 50 can break either way..!
Sellers Squeezing from above and buyers Squeezing from down..
It is forming an indecision both..
Wait for clear price action..Trade in second half if you want
NSE:NIFTY
Morning Mantra, 7th January 2022Good Morning!
What a wonderful day it was Yesterday!
Yes, it was wonderful in a way that we had got to witness how nifty traded within its predicted range of the two crucial support levels of 17800 - 17630 respectively. As it made a high of around 17797 and a low of 17655 approx, yesterday itself.
Moreover, as it’s a last trading day of the week, it would be suggested to stay Cautious, in fact to wait and watch for either a breakthrough the level of 17630 or a crossover of above the level of 17800 by the index. As somehow only after that will we be able to decide the Market’s New Trend.
However, there’s nothing to fear much as of now as the Market’s sentiment still seems to be positive as per the chart setup. Hence, we are still with our words to Stay Cautious and to be Stock Specific.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 4th January 2022Good Morning!
What a wonderful beginning of the Year it was, Yesterday!
As we could witness the magic and power of Technical Analysis, where just after crossing the level of Resistance at 17360, Nifty soared high towards its next level of Resistance at around 17650.
Hence, Today will somehow be a very crucial day, as in support of such an uprise, we will require a breakout and a stable closing of above the crucial resistance level of 17650-17700.
Until then Stay Cautious and remain being Stock Specific.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 3rd January 2022Good Morning!
Wish You All A Very Happy New Year 2022, and here I take you to our first Morning Mantra of this New Year!
Where as it had been stated and witnessed on the last trading session, till now Nifty has been trading in its narrow range of 17360-17220-17155.
The rising covid cases has become a matter of concern, as of now. So, currently it will be better to consider Today as a “No Trade Day”, hence avoid being too aggressive in the Market until a fresh breakout in the Index.
Apart from that, we are wishing that May this New Year bring a new ray of hope with some more positivity in the Market. Wherein, initially for some favourable situations to come up, we are hoping to witness either a breakthrough or a crossover of the nifty levels. As only after that will we be in a position to decide for a fresh new direction.
So, till then stay Cautious and be Stock Specific.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
