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A. Opening expected around 18000. B. Expected path after open - Down move. TRADE -1 - SHORT if opens above 18000 and breaks it straightaway. TRADE 2 - SHORT on weak pull back to 18000 after down move. TRADE 3 - Double Top between 18000 - 18050. C. TRADE 4 - If sustains above 18050. BUY after a weak pull back above 18050. But keep targets short as selling...

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IEX 1. Major Support- 641. Major Resistance - 950. 2. Past Trend - Up, 3 legged correction. 3. Current Strength - In up as broke previous high of 749.7. 4. Future Trend - This is an uptrend and we are seeing these down moves as part of correction. We look for signs of strength shift to up to buy in an uptrend. Break above 760 will mean 2 things- a....

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STOCK MARKET MYTHS - There are many misconceptions people have about how stock market works and how it actually works. In this series we burst these myths or clear misconceptions so people can make wiser decisions in trading/investing. Myth Number 2- A stock will fall after bad news. Example- IRCTC - 1. News - Nov 5th - IRCTC, Railway Ministry discussing new...

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3. Final Nifty Analysis - 1. Major Support - 17400 zone. Major Resistance - 18000, 18340, 18600. 2. Past Trend - Up, correction is going on and it is deep with multiple legs, 2 3. Strength/Weakness - current strength is in down as shown by last fall from 18340 to 17613, in fact this down move was stronger than before. 4. Future Trend - a. strength ->...

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STOCK MARKET MYTHS - There are many misconceptions people have about how stock market works and how it actually works. In this series we burst these myths or clear misconceptions so people can make wiser decisions in trading/investing. Myth Number 1- A stock will go up after good result. Reality - A stock may fall big even after very good results. Taking...

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STOCK MARKET MYTHS - There are many misconceptions people have about how stock market works and how it actually works. In this series we burst these myths or clear misconceptions so people can make wiser decisions in trading/investing. Myth Number 1- A stock will go up after good result. Reality - A stock may fall big even after very good results. Taking...

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Tata Power analysis - 1. Major Support - 200. Major Resistance - 265 zone. 2. Past trend - Up, strong selling from 267. 3. Current momentum - Every time since 21st October faced selling from 235 and made lower low but on 3rd November failed to continue lower. We may have change in structure if it sustains above 235. 4. Overall market - Correction going on, but...

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Axis Bank Analysis - 1. Major Support =1st - 700, 2nd - 630. Major Resistance - 800. 2. Past Trend - Was in Uptrend and broke major resistance 800, failed to sustain above it. 3. Current momentum - In down, even after such a big fall from 867 to 714 the bounce was very weak from 714, failed to test even 50% to 800. 4. Overall market - Correction is going...

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Immediate trend is down. Market is making lower high lower low against support 17650 which means it is getting weaker, break of 17650 likely. Today's possible trades - 1. Enter short on break fail of 17800 for target 17700 and 17600. 2. Enter short below 17650 if it sustains below it. 3. Long above 17850 only if it makes higher high higher low.

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SHRIRAM TRANSPORT- All time high is 1625, wait for break above it and then either stall above it or weak pullback to buy. 1625 is a major resistance, supply is expected from this level. Sell near resistance and buy near support. This 1550 zone should be used to book profit, not to go long or short. By buying here one may win this time but buying below resistance...

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We had strong selling in Nifty 50 futures yesterday, i am considering 3 scenarios and will act according to them - 1. Current momentum continues - Break of 17400, enter long only above break candle high that is break down failure. 2. Momentum slows down - some pullback to up then another down move leading to 17400/17500 - add to your investments, up move leading...

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Immediate trend is up till 18250 is broken, will be looking to buy around 18350, 18400. Below 18250 will be looking to short till 18100 which is a buying zone now. For past many days initial buying is overtaken by selling in first hour itself and then buying comes at lower levels. Lets see if this pattern changes or not, watch first hour... if strength in up...