Day_Traders_In

Day_Traders_In

NASDAQ can be corrected upto 10300 level. From there the entire global market will start to recover in V shape.

Day_Traders_In

The US VIX (volatility index) is over heated at +32 which is unusual. As the US indices have been corrected up to 20-32% from the swing high, technically it is already a crash and enter of bear market especially the technology sector, the most hit one. Next level is recession. My observation is, the increasing VIX is alarming further potential sharp correction in...

Day_Traders_In

Friends, I am sharing some observations on Bank nifty. As I have marked in the daily chart, price is making a similar retracement pattern. Every time price gets rejection at 50% then gives a mark up to the new high. Expecting the same to follow here too. As well as, it is forming a double bottom pattern in daily chart and the possible neck level would be the...

Day_Traders_In

If bank nifty finds support at 34800 levels, like holding that level for a day or two, it can give an upside move, then it should find a breathing point at 35932, later a good upside momentum towards, 38672, 41213 in 1-2 months time. It seems todays decline is normal profit taking or intraday sell from day high not a trend reversal or weakness. If 34800 levels is...

Day_Traders_In

TCS looks extremely bullish for another few weeks. Good volume, price strength and momentum.

Day_Traders_In

Bank nifty is hovering in a solid base. Time to accumulate quality bank stocks friends. Upside of 39000-40000 can be expected with good momentum by end of 2021.

Day_Traders_In

It seems bank nifty to make a new higher range of 37000-40000 by July-September. All time based possible corrections are over and bank sector to take off from the existing consolidation with a nice upper break out. BNF will drag Nifty and other sectors also.

Day_Traders_In

HDFC Bank warns us of potential hazard?

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Looks like graphite has given a right upper break out. Ready to make a new higher range and for a short term rally.

Day_Traders_In

Despite the stock was having food momentum, buyer support and volume, I have been staying away from SBI since 30 points run away gap up was formed after the budget event. The huge run away gap up of 30 points to be filled soon. the demand zone for short and long term still remains at 320-350 range.

Day_Traders_In

A time based correction is over due. MACD on daily chart signals weak strength and major hurdles upwards. A doubl top is forming in the daily chart and possible landing level should be 14450 and further correction cannot be ruled out too. Investors be cautious.

Day_Traders_In

Market to be corrected to 14200-13985 in the coming months. It had already started time based correction on Jan 13. Budget created another good piece of market illusion. Think and invest wisely. Protect your capital.

Day_Traders_In

Tatamotors is forming a bullish pennant with last minute buy with three pyramid volume candles and MACD signals buy in intraday and positional. The stock had taken good support on 50 ema throughout the after noon session and closed above the 50ema. Current position is right below the VWAP which shows potential upper break out and hitting of 344-352 levels...

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Who is better for Indian market Democrats or Republicans?

Day_Traders_In

Since Jan 13th Bank Nifty had been trying to pull back 9 times and had failed. Bank nifty is approaching approaching a major monthly support at 31833 now and trying another pull back. So technically, we have entered a major time based correction from Jan 13th I guess.

Day_Traders_In

IndusInd bank is forming a bullish inverted head and shoulder pattern in 15 minutes chart. The neck level is at 940 though the entry as per the pattern too. What are your thoughts..? Is it gonna break the pattern and hit the CLSA revised target of 1150?

Day_Traders_In

It looks like Bank nifty is preparing for a correction and possible short term trend reversal as per the chart. Possible landings at 1, 2 & 3 and if it is a trend reversal, then it should go for 1 -2 years.

Day_Traders_In

As per the chart and price history, IndusInd is breathing before a take off from 900-800 range. Price prediction and chart path for information. Let us see and hope for the best.