Watching gold price movement. Expect it to fall up to 1260 level before further upward movement
Nifty has formed evening star with gravestone doji format at present. Maximum High can be expect is 11760. To me it looks like this week nifty to stay netural. Next week expect huge gap down at around 11550 level. Once, it goes below 11550 expect nifty to trade at around 11250 level and expect a bounce back before falling further.
Nifty is expected to go down from now onwards. Immediate target 11200 levels.
Expect S&P 500 to drop down from next week onwards.
Positional options can be bought for a decent profit
Bharti Airtel stock is expected to go down upto 300 or 310 level tomorrow
Kotak bank has broken out uptrend channel. Kotak has possiblity to touch 1365 level in the coming days.
Eicher motor is in declining mode. This stock has outperformed in last 3 years. However, the stock is available at very high cost. The following is the next possible correction phases: Break below 20014: Target 1: 18200 Target 2: 16385 Target 3: 15263 Wait for a good price to buy at a lower level.
Nifty is in uptrend and all possibility of hitting 11500. The following are the hurdle points: 10830 10992 11152 11500 - Target
Bank nifty is going to touch 27000 level very soon.