deepss4u

deepss4u

Important Levels for 23-11-2021. A big fall after a long weekend, we opened almost flat and saw immediate selling and throughout the day we saw sustained selling pressure and apart from the pullback in the later half there were no significant pullbacks also. Overall a trending day and entry made at our discussed levels gave great returns today. Tomorrow if we see...

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Important Levels for 19-11-2021. Bank Nifty showed less weakness than Nifty and there was no significant movement here. We did make a new low and closed a good 200 points above it but the volumes were not that great to think otherwise. The lows can act as a minor support and we can expect some volatility here. So, if we see a flat opening, a risky trade can shorts...

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Important Levels for 19-11-2021. A good trading session as it went as per our analysis and all our targets were achieved. On a daily chart, we seem to have taken a slight support from 50 EMA for the time being. Tomorrow, if we open flat and trade below 17760, we can again take shorts with SL of 17785 for targets of 17730,17700 and 17660. If we open with a gap up,...

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Important Levels for 18-11-2021. On a daily time frame the index looks very weak, and tomorrow once we break 38070, we can take short positions with SL of 38130, for targets of 37960,37800 and 37750. If we open with a gap up, 38240-38390 should act as resistance and any -ve candle with volumes can trigger our entry with SL of 38410. Our potential targets will be...

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Important Levels for 18-11-2021. It looked like the bears wanted the price to go up again to take new positions and eventually took control to end prices lower. For tomorrow, once we start trading below 17880, we can take short positions with SL of 18905 for targets of 17840,17810 and 17775. If we see price opening tomorrow with a gap up, 17920-17950 should act as...

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Important Levels for 15-11-2021. A strong up move can be expected once we open flat and start trading above 38950. We can have targets of 39100,39200 and 39350. SL can be placed at 39870. If we see a gap down open, we can expect to see a bounce from 38700-38750 levels but if we see a gap up, we shall wait for price action and then take positions. Option data looks...

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Important Levels for Nifty 15-11-2021. 18140-18160 has been the resistance zone and if we open flat, once we trade above 18160 we can immediately take longs with SL of 18135 for targets of 18190,18250 and 18280. If we see a gap down open, then 18030-18060 can act as a support zone and we can see bounce from these levels, but if we see a big gap up, caution is...

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Important Levels for 12-11-2021. The index looks weak and the last rally of 150 points was courtesy HDFC bank. Tomorrow if we see a gap down or flat opening and we break 38460. we can take shorts with a SL of 38510 and aim for targets of 38300,38240 and 38115. Risky Longs can be taken if we sustain above 38900 for targets of 39040, 39130 and 39210. SL can be...

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Important Levels for 12-11-2021. A gap down opening, an immediate sell off and then stuck inside a small range. If we see a small gap up and we move upwards longs can be taken if we sustain above 17955, with a SL of 20-25 points for targets of 18000,18025 and 18075. On the downside we have seen good buying whenever the prices have gone down and tomorrow if we have...

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Important Levels for 11-11-2021. Bank Nifty was the sluggish Index today and it just had no intentions of going up, laboriously went up and price faced rejection at the Opening range and eventually we closed close to 200 points below the last swing high. It would be a safe bet to avoid any positions unless 39000-39400 range is broken on either side. If we breakout...

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Important Levels for 11-11-2021. We had an interesting day with a gap down opening and then after the first 15 minutes we had a slow up move and once it crossed 18000 we saw a fast move of 70 points and then price rejection from yesterday's VPOC. If we see a flat open tomorrow, we can short once price goes below 18000, with SL of 18030 for targets of 17960,17940...

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Important Levels for 10-11-2021. Unless we cross and sustain above 39700-39750, longs can be strictly avoided. But once we cross these levels we can take positions for targets of 39870,39970 and 40080. SL can be placed below 39700 and trailed aggressively. For shorts we will take positions once we sustain below 39360. SL will be 39440 and our targets shall be...

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Important Levels for 10-11-2021. On a daily time frame we have got an inside candle with lows being bought quickly by passive buyers and with good volumes below, we can expect a good up move tomorrow. Once we cross 18100, and the price stays above it for at least 5 minutes, we can take longs with a strict SL of 18075. Our potential targets should be 18140,18160...

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Important Levels for 09-11-2021. Bank NIfty today was weak as compared to Nifty but we did see slow and steady move in the index and we closed quite close to the day's high. 39540-38640 will be a good support area and dips can be bought with small SL of 50-60 points and targets should be 39750,37870 and 39970. If we open with s a small gap up and start trading up,...

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Important Levels for 09-11-2021. The market just did a big reversal and that too well supported by volumes. Tomorrow we can see another round of buying if we see any dips till 18090-18110 level, SL can be kept at 18060 and we can am for targets of 18140,18160 and 18195. But if we open a bit up and start trading upwards, longs can be initiated at 18160, with SL of...

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Important Levels for 04-11-2021 and 08-11-2021. The index initially was stuck in a range and then we saw the bears gaining control and we saw a dip close to 600 points a retracement of 500 points and again a fall of 500 points making it quite volatile. Now going forward, we can take shorts below 39400 with SL of 39470 for targets of 39300,39200 and 39060. If price...

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Important Levels for 04-11-2021 and 08-11-2021. The index tried to go up initially but failed and the bears gained control and we saw close to a 200 point fall. Tomorrow being more of a holiday and followed by a long weekend, we can expect nothing except just see what the retail traders think. Shorts can be taken below 17770, with SL of 17795 for targets of...

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Important Levels for 02-11-2021. The index slowly and steadily moved up and closed almost at day's high. Tomorrow any dips seen till 39900 can be bought and if we open flat and cross 40150, we can take positions with SL of 40085 for targets of 40330,40460 and 40640. If we see a gap down opening, 39570-39640 will act as support zone and upon seeing bounce from...