deepss4u

deepss4u

Important levels for 28/11/2022. We witnessed comparatively higher volumes last session but post 11:30pm we were stuck inside a small range. For tomorrow, if we open flat and sustain below PDL at 42864, we can short with SL of 60-70 points and look for targets of 42770 followed by the buyer reference zone 42625-42672. But if we see a gap up opening around...

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Important levels for 14/09/2022. The old buyer reference to watch for is 17808-17838. If we see buyers coming in at these levels, we can go long for target of 17968-17997. If we break and sustain above it, we can see price testing 18050-18100 levels also. But if we break 17800, we can short for targets of 17643-17660 an the final targets can be old buyer reference...

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Important levels for 14/09/2022. Whatever we are seeing in the global markets at this point of time is super negativity but we should not consider these things as these are completely out of our control and one piece of advice please do not close your eyes and short as what we are seeing in our index of concern is a very nice uptrend. From the looks of it, we are...

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Important levels for 13/09/2022. Twice the index tried giving a breakout but failed and the second failed breakout saw a drop of 75 points into the close giving the sellers control. For tomorrow, 17978-17988 can act as a resistance and if we see price rejection there, we can take shorts with a 25-30 point SL and aim for targets of 17930,17873 and 17815. If we...

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Important levels for 13/09/2022. After the initial movement for first half hour the range was less than 150 points. The sellers were strong but not strong enough to break the VA and buyers not strong enough to break PDH. For tomorrow. longs can be taken only when we break 40770 for targets of 40935 followed by the old seller reference of 41150-41400. On the...

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Important levels for 12/09/2022. From where we closed last session, the first few minutes will be quite crucial. Initially the up move was restricted and we did see the sellers gaining more control and just as we filled the gap come big volumes came up but we did close inside the VA. For tomorrow, we need to be patient before taking any position. Safe longs will...

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Important levels for 12/09/2022. We broke out from a range to get stuck in another range. As of now sellers look to be in control and i will prefer to short the index unless we break 17978 and sustain above it. Any gap up or gap down, we wait for VA to develop before taking any positions, but if we see a flat open we can short the index with 50% of our normal...

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Important Levels for 09/09/2022. And we finally break out of the range just by small margins. For tomorrow, any dips till 40278-40308 can be bought with a small SL of 50-60 points and we can look for a good trend continuation. The targets to look shall be 40900 and with the next seller reference area at 41152-41403, we can book good points. If we open with a gap...

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Important Levels for 09/09/2022. We closed at the upper range of the previous seller reference and with the VA at the top we need the price to sustain above today's high for at least 15 mins before we take on long positions for targets of 17938-17979. SL can be placed at 17800. On the downside if we break 17800, we can take 50% of our normal position size with SL...

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Although we opened with a big gap down, we witnessed structure similar to August 29. For tomorrow, the point of entry for longs does not give a good RR with old seller references to close for comfort. But once we sustain below 39475, we can add 50% of position size and pyramid once we break today's low @ 39340 and look for targets of 39200, 39120 and the old...

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Important levels for 08/09/2022. Another choppy session and the 5th straight session we have not witnessed any trend continuation. For tomorrow, as we see the index stuck scalps can be taken as per the VA on intra basis, planning levels at CMP looks a real tough task as longs do not offer a good RR unless we break 17845 and similarly on the downside we get good...

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Important levels for 07/09/2022. Longs look a bit risky from where we closed today. Shorts can be taken once the price is below 17650 with a 20-25 point SL for initial target of 17600 followed by the old buyer reference of 17492-17539. Unless we see the mentioned level being triggered, sitting and watching would be a better option. Going in tomorrow with a neutral...

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Important levels for 07/09/2022. Looks like the bulls and bears are having a nap with none exerting firm control on the index and seems we can have one more session without any proper direction. For tomorrow, safe bets on longs can be placed above the seller reference zone of 40145-40276 and safe shorts below 39430. For Intraday, scalps can be taken as the day...

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Important levels for 06/09/2022. Bank Nifty managed to break out of the range and close above it, but Nifty is still stuck. For tomorrow, longs can be taken above 17735, with a 20-25 point SL for initial targets of the previous seller reference of 17796-17843. On the sell side, will short only below 17650 for targets of 17580,17543 and 17496. Sl for this trade...

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Important levels for 06/09/2022. A completely nothing day, apart from the initial 15 mins. But still then, we got one nice trade which just hit our target. For tomorrow, although the index looks positive, I do not see a good RR as immediate seller references are close by and we can see quite a bit of rotation. Safe longs can be taken once we break and sustain...

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Important Levels for 05/09/2022. We are currently trading inside a zone where we need to avoid taking unnecessary risks. 39300-39800 is the range which needs to be broken for good trades. On the upside, once we sustain above 39780-39800 for 15 mins then only we can plan for longs with initial targets of 39980-40080, sustaining above these can see 40270 also. On...

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Important Levels for 05/09/2022. No to shorts till we go below 17482, once we break it we can look for initial target of 17440 followed by the next buyer reference of 17357-17382. On the upside, we can add 25% of positions once we break 17620 and start pyramiding above 17657 for targets of 17735 and the previous seller reference of 17796-17843.

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Important Levels for 02/09/2022. The context is definitely not bearish from where it stands currently. If we see a flat open and we break 17620 on the upside after initial 15 mins, then we can immediately take longs with SL of 16585 and look for initial target of today's high @ 17734 and final targets at the previous seller reference area of 17783-17843. On the...