NPKiran

NPKiran Updated 

Infosys chart pattern look interesting. Trading near weekly 200EMA Breakout from bullish pole-flag pattern Pullback to recent breakout level I will bet on long side and will accumulate at these levels Wait for a pullback candle in weekly chart for better assurance. This will give more confidence to investors

NPKiran

Keep monitoring this counter Pullback may likely to gain momentum once expiry is complete

10:54

NPKiran Updated 

Looking back into daily chart and trying to find similar scenarios in the past which may be a copy of events happening right now in the chart

02:43

NPKiran

There is a high chance for turning into a H&S pattern in Bank Nifty chart. OBV chart is giving the extra signal or confidence that the chance are more for a reversal from current closing price. For further details please go over the analysis video

NPKiran

Bank Nifty trading at crucial resistance levels Trading below 47500 will be first indication of profit booking Trading below 46300 will initiate a reversal trade Dec'14 trade gave a closing above 1.618 level and it will be crucial to sustain above 47500 in following sessions Also a trending resistance of higher high's is full filled in Dec'14...

NPKiran

Breakout of 19480 with gap up or flat open can lead big till 19650 levels tomorrow Gap down and sustained down move below trend line and 19360 lead again till 19320 Given the option chain, 19650 looks like a hit unless global markets tend to lead a big gap down below 19360

NPKiran

Wednesday trade likely to see some momentum High chances for re-testing 19300-19250 zone Just in-case if there is breakout above 19450 levels it can fizzle out towards closing, in case if it sustain then following sessions will see some swift short covering prior to monthly expiry week If price goes according to plan and following sessions in current expiry...

NPKiran

Charts looking difficult to anticipate the next direction of the FII's and lots of negative news is circulating over the weekend, which is a good opportunity for operator to collect PE from retailers Simple trade plan when charts look difficult to crack Stay only in Long trade above 19380 Stay only in Short trade below 19250 19315 +/10 is the flip...

NPKiran

Which ever side breakout after 2:30pm on Monday, take the trade in that direction It is likely to trap retailers before the time

NPKiran

Nifty chart looks very tricky Avoid shorts above 19420/450 levels First target for today seems to be 19300, if more down side persists and close below 19250 then can go for positional PE carry Important levels for today 19400 and 19300

NPKiran

43900/950 as SL trade for levels 43600 (T1) and 43300 (T2)

NPKiran

Bank Nifty is trading at crucial levels and exactly near the breakout levels For the last 3 days it is indecisive and making doji candles Here is some help how to trade bank nifty without any bias Bank Nifty paused at breakout zone Possible Scenarios: 1. Buy again from support levels What to look for ? 43750 level to be supported break the trend line...

NPKiran Updated 

Small Doji candle is possible today in range 19400-19500 Very likely will be a writers expiry Option buyer can either avoid this expiry or keep the risk to small and manageable levels Today chart likely to build foundation for next week

NPKiran

Nifty price action is turning positive Friday session chart will give more clarity Breaking and sustaining below 19300 should give a big short target Regaining 19500 will be tricky and gets difficult to gauge if there will be further upside or sharp selling from 19550-19650 zone

NPKiran Updated 

Remember only 2 levels today 19467 - go long for big targets 19345 - go short for big targets In range 19345-19467 is no trade zone

NPKiran

Only 4 levels to look for in next trade 19645 - range high level, once this level is broken on upside there will be hope for long setup. Until nifty will be sell biased 19467 - important break down level after making a high at 19645, today nifty reversed immediately after returning to this level from bottom 19345 - intraday swing formed at this level and...

NPKiran

19660-19630 zone may act as support for today Friday al-most covered the target and need to find out in Monday session if there is more down side left or will the bulls start defending the breakout levels Only once this range break on down side we can aim for 19450 target in steps of 100pts, first 19550 and then 19450 If take support from 19660-19630 zone and...

NPKiran

Levels marked on the chart As Monday is expiry, 19660 can be the first target and breaking this level can lead to 19450