Gap up 70. Selling pressure not gone yet. So selling can come from 23658. Exit suggested at that point once. Reentry suggested. Can retest to reach levels of 23344 or lower. HDFC bank positive reliance positive Axis negative.
NIFTY has turned bearish and expected to reach 23344 levels on expiry.
Nifty is on a strong support zone & rebound expected post US elections. Also where there is improvement in earnings the stock may pull the levers up. If the majority of earnings show weakness in trend market may slide further to next level in Fibonacci i.e. 23546 or below.
Resistance moved upward so market can touch 25k. So brief points. Reliance HDFC icici turned positive. Hence expecting 25 k today. Entry at dip
So pre open is positive to a tune of 47 points With reliance positive Rs 25 up. & hdfc is negative 9. Rest all positive. Hence expecting to see a good move in the second half. Follow hdfc reliance combo today for directions. Reliance generally trends negative after 12:00 due to fii sellings. Both end earnings can come. Single directions won’t be there. So...
So pre open is positive to a tune of 47 points With reliance positive Rs 25 up. & hdfc is negative 9. Rest all positive. Hence expecting to see a good move in the second half. Follow hdfc reliance combo today for directions. Reliance generally trends negative after 12:00 due to fii sellings. Both end earnings can come. Single directions won’t be there. So...
FAILED BREAKOUT: Pre-Open Order NIFTY 50 25,023.45 59.20 (0.24 %) Advances - 36 Declines - 12 Unchanged - 2 "SYMBOL %CHNG ( HIGHEST FREEFLOAT STOCKS TODAY) HDFCBANK 0.31 RELIANCE 0.54 ICICIBANK -0.16 INFY -0.15 ITC 0.57 BHARTIARTL -0.08 TCS -0.22 LT 0.79 AXISBANK -0.08 SUPPORT 25000 STRONG: RESISTANCE 25100 HIGHEST Market can touch both extension of support...
Pre-Open Order Collection Closed 11-Oct-2024 NIFTY 50 24,985.30 -13.15 (-0.05 %) Advances - 28 Declines - 16 Unchanged - 6 Max free Float: Order wise (H-L) HDFCBANK RELIANCE ICICIBANK INFY ITC BHARTIARTL TCS Status Flat: RESISTANCE: 25000 SUPPORT: 25000 MARKET TO STAY FLAT TO DOWNWARDS PREMIUM EATER DAY
SPOT 25045 RESISTANCE 25000 STRONG SUPPORT 25000 STRONG Market expected to touch 25129 or nearby Once more. Altogether it will be a full premium eating day. So, no buys only sells till either one break from 25250 above or 24750 below is achieved. Regards Ajay E
Pre-Open Order Collection 09:07:23 IST NIFTY 50 25,065.80 52.65 (0.21 %) Advances - 38 Declines - 11 Unchanged - 1 "SYMBOL CHNG %CHNG FINAL HDFCBANK -1.55 -0.09 1,649.50 RELIANCE 0.35 0.01 2,795.05 ICICIBANK 6.45 0.52 1,243.05 INFY 4 0.21 1,952.55 ITC ...
PRE OPEN 63 POINTS UP: resistance and support of open interest. Hence Stay cautious. RELIANCE POSITIVE HDFC NEGATIVE ICICI POSITIVE AXIS NEGATIVE INFY TCS POSITIVE LT negative Watch out for reliance industries. Market will be dependent fully on that. stay put. NO targets but 24500 can go. Even I am not sure. Confusing .
Pre-Open Order Collection NIFTY 50 25,181.90 -68.20 (-0.27 %) Advances - 7 Declines - 38 Unchanged - 5 "SYMBOL CHG %CHNG FINAL LT 17.35 0.5 3,515.00 TCS -7.75 -0.18 4,225.00 BHARTIARTL -3.4 -0.2 1,670.05 INFY -3.85 -0.2 1,889.55 RELIANCE -6.1 -0.22 2,807.85 HDFCBANK -7.5 -0.45 1,674.50 ICICIBANK -9.25 -0.74 1,247.10 RESISTANCE: 25200 SUPPORT : 25200 NEUTRAL...
Pre-Open Order Collection Closed 03-Oct-2024 09:07:24 NIFTY 50 25,452.85 -344.05 (-1.33 %) Advances - 3 Declines - 47 Unchanged - 0 RESISTANCE - 25600 EOR 25651 STRONG SUPPORT - 25500 EOS 25452 STRONG MARKET TO HOLD POSITION OF 25500 OR NEARBY IF IT HOLDS CHECK OUT FOR 25400 & 25300 GETTING STRONGER. IF THE SAME HAPPENS MARKET TO DRIFT DOWN. For now we...
Pre-Open Order Collection 01-Oct-2024 IST NIFTY 50 25,788.45 -22.40 (-0.09 %) Advances - 16 Declines - 22 Unchanged - 12 MAJOR COMPONENTS: SYMBOL PREV. CLOSE IEP CHNG %CHNG FINAL...
LATE UPDATE: PRE OPEN 26,061.30 -117.65 (-0.45 %) Advances - 10 Declines - 33 Unchanged - 7 Symbol PREV. CLOSE IEP Chng %Chng RELIANCE 3,052.35 3,038.80 -13.55 -0.44 ICICIBANK 1,306.60 1,292.10 -14.50 -1.11 LT 3,705.65 3,699.00 -6.65 -0.18 HDFCBANK 1,752.65 1,748.80 -3.85 -0.22 INFY 1,906.75 1,880.00 -26.75 -1.40 All Major components...
PRE OPEN 26,248.25 32.20 (0.12 %) Advances - 23 Declines - 20 Unchanged - 7 TOP 5 WEIGHTAGES Symbol PREV. CLOSE IEP Chng %Chng RELIANCE 2,995.90 2,998.00 2.10 0.07 HDFCBANK...
Futures on an average are 0.28% down. Hence expecting markets to be on flat to negative in case writers don’t have common interests. ATM premiums on put are already highs due to 4 days time value. 26000 can act as an active support in case of fall. Keep calculating % of premiums for 26300p & 26200 call for entry decisions. RSI is 90 on 1 day chart hence, 5...
Pre open - 25899 ie. 40 points down. Spot 25941 All top 5 components flat to negative. So we need to check the change in components today. Resistance again is 25900 & 25900 is support as well. Market to hover +~-- 50 point from spot. Till a breakout in reliance hdfc or icici comes which is possible due to expiry. Writing on both sides should come...