Stock_TechPro

Stock_TechPro Updated 

We may see some blast in crude prices if closed above 58 levels on daily basis.

Stock_TechPro Updated 

After analyzing chart of 15 Minutes, it seems that we may short the Nifty at current levels with SL of 11750 for a target of 11675 in Intraday.

Stock_TechPro Updated 

As you can see that both Nifty and Banknifty are presently in the Bear channel and may test support around 30160 and 11660 levels respectively.

Stock_TechPro Updated 

As per the trend lines, Crude oil is trending sideways to negative bias for the day.....Support of MCX Crude for the day @ 3570 and resistance stood at 3680 levels.

Stock_TechPro Updated 

As per my view, crude oil is trading sideways in 4 Hrly chart. Today's move is just news based and short covering. Any up move above 54.90 levels may confirm the Bullish signal.

Stock_TechPro Updated 

According to chart of Crude oil in hourly time frame it seems that it is a bearish flag pattern breakdown from its high.Wait till closing of Hourly candle below the channel because volumes are very low.

Stock_TechPro Updated 

As per data of FIIs, Nifty may stuck into the range of 11800 to 11900 till May expiry. However, mild correction may be seen as per rich valuation of the Index in near future.

Stock_TechPro

Since Nifty is trading in the range of 11040 and 10650. The range is going to be narrow and it seems to see the data of FIIs that it will break soon its range to down side from 10650 and some big point of correction ahead of General Elections of India.