AlgoBoffin

AlgoBoffin

#BankNifty 50% retraced and closed Doji. It's Neutral close. Long-only If close or sustain above 38000 with tight stop loss for target 38500 or 38850. Don't be surprised if Downtrend starts again with the strongest momentum.

AlgoBoffin

#HDFCBank Long-only if close above 1570, otherwise the structure is very bad for Bulls.

AlgoBoffin

#ICICIBank Unable to sustain above 800, closed Doji. Long If Close above 802 with tight stop loss for target 850/900/900. The total structure is very Bad for the Bulls. Does no one know that Where will it take major support?

AlgoBoffin

#SBIN unable to sustain above 500 & closed as a Bearish Hammer. What's next? 600 or 400 Long-only If close above 502 for target 600 otherwise wait for 460 or 400 for re-analysis.

AlgoBoffin

If you assume DowJones may turn in a downtrend cycle from here then you can follow these levels for broad level support.

AlgoBoffin

BankNifty may trigger Short Below 37440, Stoploss above 37700 & Target 36180 almost.

AlgoBoffin

At their policy meeting in December, FOMC participants agreed to double down on QE pace to close the same by Mar’22 amid growing concerns about hotter inflation. Fed officials also began discussing at the December meeting about balance sheet (bond holdings), and some policymakers are pushing to start shrinking them sooner and faster than they did after an earlier...

AlgoBoffin

India Gold (MCX): Corrective Wave B seen completed in a narrow range 45000 to 50000. Now expecting 38000 in Wave C in a few months. Close above 49000 should be stop-loss.

AlgoBoffin

Nifty50: Most Important levels for next 5 Days, use these levels on an intraday basis.

AlgoBoffin

BankNifty: Most Important levels for next 50 Days, use these levels on day close basis.

AlgoBoffin

Buy & Hold & Sleep for 6 month at least

AlgoBoffin

Stay Neutral till Breakout/Breakdown

AlgoBoffin

Channel on Monthly Close basis

AlgoBoffin

Bearish Engulfing at ATH with Negative Divergence

AlgoBoffin

I will buy Nifty Puts for Dec series in range 8000-8050 for target 7750 or 7550 with stoploss close above 8080