daerontrading

daerontrading

Please refer to the chart for intraday levels Only for educational purpose

daerontrading

Please refer to the chart for intraday levels Only for educational purpose

daerontrading

Short Market Report (very short) Expect the weakness to continue in indices with the weakest being nifty. Bank Nifty and others look mildy stronger than the others. Avoid long positions. Refer to the values mentioned in previous market report about where market can fall. 17500 is support in nifty as per EOD option data. Surprisingly.... 38000 put writer is still...

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check levels for intraday trades watch out for these levels while you trade

daerontrading

check levels for intraday trades watch out for these levels while you trade

daerontrading

Short Market Report It has been a tormenting few days since the price action (charts) and other data points were giving conflicting impressions. Add to that the undying positive attitude in the market. And in one candle we take out all the gains since 12 Jan. I have been vocal about the fact that a retracement is long overdue and today marked the start of...

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SHORT MARKET REPORT Nifty proved to be quite strong in spite of the unanswered negativity following HDFC bank results and posted a bullish candle. Bank nifty reacted violently in the first few minutes then turned mildly bearish due to the same reason ending up in a gravestone doji indicating substantial selling pressure. The pressure though seemed to ease off...

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Short Market Report Nifty formed a standard bullish candle while bank nifty formed a spinning top with a long bottom wick in view of the massive recovery in the second half. Even though in the end there was some profit booking, the consent stays bullish overall. Option data suggests some bearishness but the market might just focus on the excellent results posted...

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Short Market Report FIIs controlled Bank Nifty with just one stock HDFC bank. Probably they will sell more tomorrow before results and then they will take long positions as per my thinking. Now, thinking and reality is different. 20 Jan Expiry data shows 38500 call writer is very strong but that's not the only thing. They are playing 38500 short straddle......

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Short Market Report Undying Bullishness with some range bound activity happened today. The conviction was fruitful. The only problem was buying index was not possible coz most of the bullishness was exhausted in the huge gap up. I won't be a surprise if nifty closes above 18350. Bank nifty ha snot traded within such a small range in last 2 years and it favored...

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Short Market Report Undying Bullishness with some range bound activity happened today. The conviction was fruitful. The only problem was buying index was not possible coz most of the bullishness was exhausted in the huge gap up. I won't be a surprise if nifty closes above 18350. Bank nifty ha snot traded within such a small range in last 2 years and it favored...

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Has been a previous favorite and has consolidated enough. Up move is on the cards. Target 1117 SL 910

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Short Market Report The rally has been continuing but Nifty has put up some interesting numbers which suggests that resistance is there at 18100, 18200 & 18300 with equal strength. Support is similarly strong between 17900-18100. So, expiry looks to be range bound in next two days. This will hold true if some big fish decides to do otherwise. Bank nifty is far...

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If 321 is taken out, price will rally to 385. Company had it's net sales go up by 69% in Nov. Board meeting is on 4th feb. So expect an up move till then. SL shold be 207 for 380+ targets

daerontrading

One stock that is being heavily promoted is Federal Bank. I had missed entry at 80. But even now this may give a sudden rise to 107-110 levels. Charts look promising. Keep SL of 88 Best buy around 80.

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Consolidation, Breakout and test for support. Everything happened. It is getting ready for some explosive moves Now, Target is 1483 (short term) - 2292 (long term) SL 950

daerontrading Updated 

Honest technical gurus are bullish on this and I do agree. The stock is now flying after successful retest of the support. Targets: 38, 47, 57 SL: 28 Risk-o-meter: Mild Message me or comment if you want faster updates.

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Likely it is preparing a move to its all time high. Any break out from this zone would lead to a massive up move Target 2750 SL 2270 (would rather suggest to accumulate at lower levels) ** Keep in mind that sentiments are bearish for nifty. So it would be best to accumulate in parts