Get started

Search in ideas for "dcb"

13OCT2021Global markets (Last Session): 🟠 US markets closed marginally lower in a narrow range session. Dow/Nasdaq/SPX extended their losses by 0.35% more. 🟠 European markets had weak opening but recovered sharply in second half to close marginally lower with 0.35% loss. 🟠 US 10YR yield cooling of today to 1.572 level. DXY rose high to 94.516 mark. Brent crude fell by 0.33% to 83.31. Indian Indices Last Session: 🟢 #Nifty had a gap down but seen strong sustained buying from very first candle to close at highest point of day @18008. 🟢 #BankNifty had a gap down but seen sustained buying from very first candle to close near highest point of day @38590. 🟢 Both indexes noticed buying with strong volumes despite global weakness specially from European markets. #VSABreakOut 🔴 FII's were net seller of 2931+ cr ignoring option figures which could be for hedging. DII were net sellers of 741 cr. 🟠 The biggest surprise is when FII/DII selling in such huge figures how can we see strong broad based rally in all caps. Technicals: 🟢 Nifty RSIStairs has turned overbought in all timeframes D/W/M. D(68.17), W(76.71), M(80.22) & ADX D(37.59). Bullish 🟢 Nifty trading above all major moving averages 20/50/100 in D/W time frame. 20DEMA 17671. Bullish with cautious tone. 🟠 With quarterly results ahead, market may not be in hurry to correct anytime soon. May consolidate for another week 🟢 Till some major levels are broken DCB #Nifty (17275-17433) and #BankNifty(37765) trend & momentum in favor of bulls. 🟢 #BankNifty RSI has given a breakout above 60. Banking stocks likely to do well this quarter. Expect BO. 20DEMA 37676 Global markets (Morning Cues @08.30 AM): 🟠 US & Europe futures trading marginally lower. Cues bearish. Need to wait for a day to get the direction for the week. 🔴 Asian markets trading lower. SGX trading up by 45 points indicating positive opening in the Indian benchmark indices Intraday Index Futures Levels 🟠 IDX Levels adjusted to an expected gap up. All TF bullish. Global cues negative. #ParticipantData FII/DII bearish. 🟢 #Nifty Fut 17743/17838/17879/17935-18059/18115/18162/18215. RDX Score- 15M(+6*)/75M(+4*)/1D(+5*)/1W(+6*) #Bullish 🟢 #BankNifty 38040/38175/38287/38378-38679/38778/38885/38967. RDX Score- 15M(+4*)/75M(+5*)/1D(+6*)/1W(+5*) #Bullish #MarketOutlook #TradePlan #PreOpenUpdate #IndexFutLevels (View all levels only at 15M candle closing basis) Intraday Index Trade Plan 🔴 #Nifty trading & sustaining below 17880 on 15 MCB will turn weak. Good to #Short around 18859/18115 with protection. 🟠 Selling 18000 #Straddle post opening also can be good idea with 40% capital deployment. Rest required for adjustment.
NSE:NIFTY1!
by TradersVenue
12OCT2021Global markets (Last Session): 🔴 US markets closed low near lowest point of the day. Dow/Nasdaq/SPX lost nearly 0.75% in a high volatile session 🟢 European markets had weak opening but managed to close marginally higher closing near highest point of the day 🔴 US 10YR yield cooling of today to 1.612 level. DXY rose high to 94.36 mark. Brent crude rose by 1.33% to 83.66. Indian Indices Last Session: 🟢 #Nifty made high of 18059 before profit booking kicked in. Managed to close 0.42% higher. Highest closing near ATH. 🟢 #BankNifty made ATH of 38569 in a strong session. Second half seen some profit booking to close with +445(1.18%) high. 🟢 FII's were net seller of 2340+ cr ignoring option figures which could be for hedging. DII were net sellers of 373 cr. Technicals: 🟢 Nifty RSIStairs has turned overbought in all timeframes D/W/M. D(67.28), W(76.46), M(80.12) & ADX D(37.59). #Caution 🟢 Nifty trading above all the major moving averages 20/50/100 in D/W time frame. 20DEMA 17636. Time to remain cautious 🟠 With quarterly results ahead, market may not be in hurry to correct anytime soon. May consolidate for another week 🔴 Good results are already priced in the market and hence #Nifty trading ATH. Any weak result may give TCS kind reaction. 🟢 Till some major levels are broken DCB #Nifty (17275-17433) and #BankNifty(37765) trend & momentum in favor of bulls. 🟢 #BankNifty RSI has given a breakout above 60. Banking stocks likely to do well this quarter. Expect BO. 20DEMA 37579 Global markets (Morning Cues @08.30 AM): 🔴 US & Europe futures trading marginally lower. Cues bearish. Need to wait for a day to get the direction for the week. 🔴 Asian markets trading lower. SGX trading down by 90 points indicating lower opening in the Indian benchmark indices Intraday Index Futures Levels 🔴 IDX Levels adjusted to expected gap down. All TF bullish. Global cues negative. #ParticipantData of FII bearish. 🟠 #Nifty Fut 17618/17690/17743/17838-17995/18025/18053/18105. RDX Score- 15M(+1*)/75M(+3*)/1D(+5*)/1W(+6*) #Cautious 🟠 #BankNifty 37764/37957/38040/38175-38499/38569/38671/38775. RDX Score- 15M(+2*)/75M(+4*)/1D(+4*)/1W(+5*) #Cautious #MarketOutlook #TradePlan #PreOpenUpdate #IndexFutLevels (View all levels only at 15M candle closing basis) Intraday Index Trade Plan 🔴 #Nifty trading & sustaining below 17885 on 15 MCB will move lower. One need to wait for breakout and then take entry. News And Additional Data: 🔴 Investors worry about the fear of rising crude & commodity prices, inflation, proposed tax hike & tapering, Evergrande. 🔴 Avoid buy on dips. Rising commodity prices is concerning. Even though all looks well, valuations doesn't justify. Cautious.
NSE:NIFTY1!Short
by TradersVenue
11OCT2021Global markets (Last Session): 🟠 US markets closed flat in a narrow range day. Dow regained the 50 DEMA while SPX and Nasdaq trading below 50 DEMA. 🟠 European markets too had narrow range day and closed marginally lower. Looks like mostly weekend profit booking. 🟠 US 10YR yield closed higher +2.54% near 1.615. DXY cooled off to 94.04 mark. Brent crude rose by 0.15% to 82.56. Indian Indices Last Session: 🟢 In a volatile session, #Nifty opened gap up and closed higher with 0.5% gains above 17900. Highest closing near ATH. 🟢 #BankNifty had a gap up; remained sideways full day. Finally settled flat with 0.08% higher. Poised for a breakout. 🟠 FII's were net seller of 265+ cr ignoring option figures which could be for hedging. DII were net sellers of 168 cr. Technicals: 🟢 Nifty RSIStairs cooled off in daily TF but it remains overbought in W/M. D(65.50), W(75.94), M(79.93) & ADX D(37.76) 🟢 #Nifty trading above all the major moving averages 20/50/100 in D/W time frame. 20DEMA 17600. Potential BO Candidate. 🟠 With quarterly results ahead, market may not be in hurry to correct anytime soon. May consolidate for first 2 weeks. 🟢 Till some major levels are broken DCB #Nifty (17275-17350) and #BankNifty(37249) trend & momentum in favor of bulls. 🟢 #Nifty #BankNifty spot gave NR7IB breakout yesterday. Need to wait for volatility expansion and breakout for longs. 🟢 #BankNifty RSI on verge of breakout above 60. Banking stocks likely to do well this quarter. Expect BO. 20DEMA 37452. Global markets (Morning Cues @06.00 AM): 🔴 US & Europe futures trading marginally lower. Cues neutral. Need to wait for a day to get the direction for the week. 🟢 Asian markets trading higher. SGX trading up by 135 points indicating muted opening in the Indian benchmark indices Intraday Index Futures Levels 🟢 IDX Levels adjusted to expected gap up. All TF bullish. Global cues positive. #ParticipantData of FII neutral. 🟢 #Nifty Fut 17618/17690/17743/17838-17947/18007/18053/18105. RDX Score- 15M(+3*)/75M(+2*)/1D(+3*)/1W(+7*) #Bullish 🟢 #BankNifty 37185/37375/37525/37749-38048/38173/38333/38425. RDX Score- 15M(+1*)/75M(+2*)/1D(+3*)/1W(+4*) #Bullish #MarketOutlook #TradePlan #PreOpenUpdate #IndexFutLevels (View all levels only at 15M candle closing basis) Intraday Index Trade Plan 🟠 #Nifty trading & sustaining above 17940 on 15 MCB will move higher. One need to wait for breakout and then take entry. 🟢 Volatility compression & expansion in both indexes. #NR7IB BO happened yesterday. #Long entry can be done on follow up.
NSE:NIFTY1!
by TradersVenue
08OCT2021Global markets (Last Session): 🟢 US markets continued its up move from last day & moved another 1-1.5% higher closing near highest point of the day. 🟢 European markets opened opened strongly and closed higher by 1.25-2.00% closing near the highest point of the day. 🟠 US 10YR yield closed higher +3.35% near 1.575. DXY cooled off to 94.21 mark. Brent crude rose by 2.00% to 82.44. Indian Indices Last Session: 🟢 #Nifty opened gap up but had a narrow range day. Towards the end, #Nifty closed higher 1ith 1% gain above 17800 mark. 🟢 #BankNifty had a gap up too had both sided moves. Finally settled the day with 0.7% higher. Poised for a breakout. 🟢 FII's were net buyer of 3325+ cr ignoring option figures which could be for hedging. DII were net buyers of 2528 cr. Technicals: 🟢 Nifty RSIStairs cooled off in daily TF but it remains overbought in W/M. D(63.00), W(75.30), M(79.68) & ADX D(38.25) 🟢 #Nifty trading above all the major moving averages 20/50/100 in D/W time frame. 20DEMA 17568. Potential BO Candidate. 🟠 With quarterly results ahead, market may not be in hurry to correct anytime soon. May consolidate for first 2 weeks. 🟢 Till some major levels are broken DCB #Nifty (17275-17350) and #BankNifty(37249) trend & momentum in favor of bulls. 🟢 #Nifty #BankNifty spot made NR7IB today. Falling ADX & narrow range moves indicate volatility contraction. BO ahead. 🟢 #BankNifty RSI on verge of breakout above 60. Banking stocks likely to do well this quarter. Expect BO. 20DEMA 37452. Global markets (Morning Cues @06.00 AM): 🟡 US & Europe futures trading 0.5% flat after a strong previous session. US 10 year bond yield is near 1.59. Caution. Intraday Index Futures Levels 🟢 IDX Levels adjusted to expected gap up. All TF bullish. Global cues positive. #ParticipantData of FII positive. 🟢 #Nifty Fut 17556/17618/17690/17743-17864/17905/17947/18007. RDX Score- 15M(+1*)/75M(+2*)/1D(+3*)/1W(+6*) #Bullish 🟢 #BankNifty 37185/37375/37525/37749-38048/38173/38333/38425. RDX Score- 15M(+1*)/75M(+2*)/1D(+3*)/1W(+4*) #Bullish #MarketOutlook #TradePlan #PreOpenUpdate #IndexFutLevels (View all levels only at 15M candle closing basis) Intraday Index Trade Plan 🟢 PCR 0.98. Yesterday #ShortCovering was evident as futures went from discount to premium & closing was also very good. 🟡 #Nifty trading & sustaining above 17863 on 15 MCB will move higher. One need to wait for breakout and then take entry. 🟡 Adjustment: Yesterday towards closing had taken #STBT #BearishBrokenWingStraddle (-2x ATM CE, -1x ATM/OTM PE). Quit 🟢 Time to play the volatility compression & expansion in both indexes. #NR7IB play can be done for a good 300-500 point.
NSE:NIFTY1!
by TradersVenue
07OCT2021Global markets (Last Session): 🟢 US markets opened lower but recovered 1.5-1.75% sharply from day low to close higher near highest point of the day. 🟢 European markets opened lower & went down by 2-2.25%. But later recovered in second half to close with 1-1.5% loss. 🟠 US 10YR yield closed lower -0.33%. DXY rose to 94.23 mark. Crude oil eased off by 2.08% to close near 80.82 levels. News And Additional Data: 🔴 Investors worry about rising crude and commodity prices, inflation, proposed tax hike & tapering, Evergrande crisis. 🟢 Indian equity markets have total disconnect with the global markets & have outperformed its global peers by miles Indian Indices Last Session: 🟢 #Nifty opened gap up but seen consistent selling pressure. Towards the end, #Nifty closed near day low with 1% loss. 🟢 #BankNifty had a gap up too but closed near the day low, due to consistent profit booking at higher levels near 38117. 🔴 #Short buildup seen in #Nifty with PV breakout below PDL, Both indices had weak closng near the lowest point of day. 🔴 FII's were net seller of 2575+ cr ignoring option figures which could be for hedging. DII were net sellers of 998 cr. Technicals: 🟢 Nifty RSIStairs cooled off in daily TF but it remains overbought in W/M. D(57.00), W(73.80), M(79.06) & ADX D(38.91) 🟢 #Nifty trading above all the major moving averages 20/50/100 in D/W time frame. 20 DEMA 17542. #BearishBeltHold daily. 🟢 #BankNifty trading above all the major averages 20/50/200 DEMA. 20 DEMA at 37402. Will turn weak below next LOC 37249. 🟠 With quarterly results ahead, market may not be in hurry to correct anytime soon. May consolidate for first 2 weeks. 🔵 Till some major levels are broken DCB #Nifty (17275-17350) and #BankNifty(37249) trend and momentum in favor of bulls. Global markets (Morning Cues @07.45 AM): 🟢 Asian markets trading higher. SGX trading up by 135 points indicating higher opening in the Indian benchmark indices 🟢 US & Europe futures trading 0.5% higher after a volatile previous session. Rising commodity price remains a concern. Intraday Index Futures Levels 🟢 IDX Levels adjusted to expected gap up. Lower TF bearish but basis the higher TF score & global cues bias bullish. 🟢 #Nifty Fut 17505/17556/17618/17640-17743/17792/17864/17905. RDX Score- 15M(-7*)/75M(+2*)/1D(+2*)/1W(+6*) #Bullish 🟢 #BankNifty 37185/37375/37525/37749-37764/37913/38048/38173. RDX Score- 15M(-6*)/75M(+2*)/1D(+3*)/1W(+4*) #Bullish #MarketOutlook #TradePlan #PreOpenUpdate #IndexFutLevels (View all levels only at 15M candle closing basis) Intraday Index Trade Plan 🟢 PCR 0.59. Shorts created yesterday will be on pressure today after seeing strong global markets. Expect #Shortcover 🟢 #Nifty trading & sustaining above 17743 on 15 MCB will move higher. One can adapt buy on dips strategy in expiry day. 🟡 Adjustment: Avg yesterday 17650 Straddle with 17750/17800 #Straddle when spot near BEP 17775. Will adjust more later.
NSE:NIFTY1!
by TradersVenue