ajayekka002

ajayekka002

Axis bank fundamentals look weak and is expected to correct more to s1, s2, s3 levels. Long term hold suggestions.

ajayekka002

Nifty to recover 50 points around and stay humble. Premium eat up day on put side.

ajayekka002

Market pre open is flat. Expecting this to be a premium eat up day from the put side . Stay neutral to downwards.

ajayekka002

Ext of resistance 23346 which should be broken & converted to support zone today if nifty tend to move upward. 23106 will act as a strong support zone. Stay positive or neutral.

ajayekka002 Updated 

Nifty expected to be flat to downwards. 23367 which acted as a support is converted to resistance on the daily chart. Hence expecting market to touch our initial calculated levels of 22850+-50. Suggested stay neutral and focus on stocks.

ajayekka002

Nifty expected to open on a positive note. Gap up can be approx 100 points & trailing to 24387 & 24487 zones which will act as a resistance. Follow vwap + standard deviations +1 for trend. +++

ajayekka002

We expecting market to open in green with around 100-120 points in hand. There won’t be much support from HDFC but expect reliance to keep the green flag. support 23000 ext can come down to -+ 50 points. Resistance 23200 ext 50 downwards. Expecting to stay neutral or downward but not long.

ajayekka002

Gap down of 237 points. Market can go down 22800 levels. Pause new calls. Sell from tops. Suggested.

ajayekka002 Updated 

Global market showing a negative stance & oil price decline can give boost to reliance bpcl and other refineries. Which will be in focus for nifty movement. Market may end flat to downside.

ajayekka002

So, pre open was flat with US market at the lower of the ends. We estimated market to fall and take a support at 23656 which we almost achieved by 02:50. Lots of twists and turns in between but our target projections were correct. Focus that was on: US market - downward Nifty top 5 components 1 up 4 downs at pre open. gold rates up. So there was sure shot...

ajayekka002 Updated 

Market expected to fall further. Follow the lines for support 23656 will act as a support today.

ajayekka002

Market expected to fall further. Follow the lines for support 23656 will act as a support today.

ajayekka002

US market beaten badly due to interest decision. Expecting volatility today. Follow deviation and return to mean strategy. Don’t hold too far off from Sd1 greens or reds. Expecting market to open below 24000 with a possibility to one spike reverse before fall.

ajayekka002

US market beaten badly due to interest decision. Expecting volatility today. Follow deviation and return to mean strategy. Don’t hold too far off from Sd1 greens or reds. Expecting market to open below 24000 with a possibility to one spike reverse before fall.

ajayekka002

Nifty futures seems to be in a support reversal zone. So indices can go volatile today. Suggestions don’t enter volatility wait for cool down timeframes to avoid unwanted stop loss. Expected course will be 24133 touch and back in 2-3 15 min candles as per historical figures.

ajayekka002 Updated 

Gift nifty is trading at 31 points down and expected to rebound. Expecting NIFTY to make an upside move till 24748 and hold or even move to 24859 levels but before that it will downward move to a lower support levels 24548 or nearby. Suggestion No call selling if volatility is high. Only if it hits 24450 and makes it as its resistance. One profit booking is...

ajayekka002 Updated 

Pre open 91 points up with major components being flat. Expecting a range bound session. Neutral.

ajayekka002 Updated 

Possible explanation to Nifty Movements today ( The zigzag pattern) pre open market was more like a hanging man where HDFC bank reliance industries, TCS were positive but ICICI Bank, infosys and other top IT where downward to flat. Hence, it was expected to be a flat market. Opening was strong with back to back green candles but it could not break the standard...