1) Mostly look for downside if any bearish signs in red zones market will fall 2) as per Optionchain analysis 11920 has strong resistance, 11840 has support 3) look for a marked area which trend line may break then the market may reverse from here 4) gold is increasing which is an early sign of a market crash
Reffer chart Price crossed 200 ema Formed a bullish head & shoulder This quarter monsoon rains are more than avg rain fall so expected to be recover in this stock Entry 418 exit 1 440 exit2 460 exit3 475 SL 389 You can 1:1/2/3 risk reward ratio in short to medium term
1) Sentiments & Option chain data is Bullish 2) Lower time frame formed a bearish divergence 3) if > 11830 market sustained we can see 11900/12000 levels 4) if < 11790 then 11720 can be touched down side market is limited have strong supports at each levels
1) 1D Chart 20, 200 EMA cross over which is bullish 2) Lower time from broken consolidation 3) Entry 738/740 - Exit 750/55 SL 722
1) 1D & 1H Chart high possibility of forming M Pattern 2) < 11640 look for bearish/selling positions 3) Big money is still in bearish positions under derivatives 4) Last time elections also happened same before market went up after that there is a huge fall 5) Infosys has some -Ve news which is NIFTY top 5 heavyweight cmpny we may see huge fall in it so market...
Gap may fill Opening itself we can 10% down if any +ve news from promotors it may move up again so keep on looking for news continuously if u r trading in INFY if you see option data in INFY already very heavy selling in call side @ 820,800,780 levels which indicated this information is already leaked to do a speculative activity
Delivery based selling & rejection in higher time frame 1D chart resistance levels
Tomorrow is expiry nifty market may be volatile reffer chart Initial target will be 11530/50 if market > 11470
Reffer chart 1) sustain above 11420/30 target 11590 2) broken 11380 below then target 11350 3) OCHA showing up direction 4) but big players are still bearish going for put long market waiting for big moves
refer chart here risk reward is not in much favour very narrow range out the red zone in both directions
1) Morning market may become +ve depends on global market 2) if morning gap down happen or price sustain below 11300 then we can see 11260, 11220 levels 3) Up move is very limited since big players are bearish 4) today up move is also not volume supported so up move will not sustain for longer time 5) today 11400 level is clearly rejected 2nd time in 1h...
1) 1H Chart formed a triangle wait for a breakout(Reffer chart) 2) 1D Chart last week Dead cat bounce is over 3) Last week volumes are very less due to festive season 4) Since volumes are lesser than avg volumes in last week Up move is not a volume supported move so it may not sustain for long 5) up side is very limited 11400 11500 down side 11200, 11100,...