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deepss4u

Important Levels for 18-10-2021. Will prefer to wait for action above 18360 before taking up any positions, if price sustains above it we can take longs with 20 point SL for targets of 18400 and 18420. Price sustaining below 18360 does not mean we take short positions. It will be wise to wait for -ve price action before taking shorts. Safe areas to enter shorts...

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Important Levels for 18-10-2021 We saw a big breakout in the second half of the last session courtesy HDFC bank and well supported by other banks except SBI. With quarterly results of HDFC and Indusind bank we can expect to see another rally. Tomorrow is day where we should not look to short unless we have a massive gap up. Immediate support zones are 39260-39320...

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Important Levels for 13-10-2021. Most of the time today was spent inside a small range of 17880-17940 and once it crossed the range we saw a good and fast move. 17960-17970 should act as a support and any dips till this range can be bought with SL of 17940 for targets of 18000,18015 and 18035. Else, if we start sustaining above 18015, we can take longs for targets...

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Important Levels for 13-10-2021. As we had thought the index made a move immediately after crossing 38460 and we witnessed another new high. Tomorrow, if we open flat once we cross and sustain above 38625, we can take longs with SL of 38560 for targets of 38760,38860 and 38950. Safe traders should buy when price crosses 38670. If we see a big gap up, we need to...

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Important Levels for 12-10-2021. And Bank Nifty and Nifty mark their ATH on a single day. The first half saw Bank Nifty not willing to move up with Nifty and the second half we had the exact opposite with BN moving higher and Nifty being sluggish. If we open flat or with a small gap up tomorrow, price sustaining above 38460 can take us again to 38560,38650 and...

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Important Levels for 12-10-2021. If we open flat and cross 18015 levels, we can take longs for targets of 18038,18058 and 18090. SL can be kept at 17995. If we see a massive gap down, the next support zone will be from 17920-17940 and we can expect a bounce from these levels, we can enter longs if we see good +ve price action with volumes for targets of...

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Important Levels for 08-10-2021. We did see rejection again from yesterday's high. If we open flat or with a small gap up, once we clear 17880, we can take longs for targets of 17910,17930 and 17950. SL can be placed at 17860. If we see a massive gap up, 17950+ levels can be a good entry for shorts id we see any -ve price action supported by volumes for targets of...

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Important Levels for 08-10-2021. A completely sideways market without any clear cut momentum and a low volume day. Longs are preferred once 38070 is crossed for targets of 38150,38200 and 38250. SL can be placed at 38000. Comfortable shorts can be taken below 37650 for targets of 37550,37450 and 37360. SL can be placed at 37720. Risky Shorts can also be taken...

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Important Levels for 07-10-2021. We had decided we will not be taking shorts unless we see price sustaining below 17590 and we might see it happening tomorrow. If we open flat and continue trading below 17590 we can take positions with SL of 17620 for potential targets of 17540,17510 and 17460. If we see a small gap up, then we can take enter shorts with a small...

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Important Levels for 07-10-2021. We had assumed the index to touch 38000 once before we see any major correction and thus it happened and now we have closed at levels which witnessed the breakout yesterday. For tomorrow, if we have a flat to a small gap up opening any moves upwards till 37650-37750 can be a good point to enter fresh shorts for targets of...

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Important Levels for 06-10-2021. We opened gap down, and immediately we saw 37480 levels but as always we saw good buying at 37510-37550 levels and every time it tried to go below 37510 we saw good buying happening. This make 37500-37550 a good support zone for the near future. For tomorrow, if we open flat and once we cross and stay above 37915, we can take longs...

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Important Levels for 06-10-2021. This is the best performing index in the last year and looks like the Josh is still high and it is expected to make new highs. If we open flat, we can buy the dips till 17810-17815 with a small SL of 15 points for targets of 17835,17860 and 17900. Any gap down and we will find support at 17760-17785 and longs can be taken seeing...

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Important Levels for 05-10-2021. If we open flat and start moving up, the will be adding 50% quantity once 17725 is crossed and rest above 17745 for potential targets of 17765,17785 and 17805. SL will be 17685. If we open with a small gap down, any dips till 17685 can be bought for above targets, but if price sustains below 17685, will not touch as I will not be...

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Important Levels for 05-10-2021. There was a gap up opening and after the first hour, the index was stuck inside a range of 37600-37760. If we open flat and start trading above 37765-37780, we can see good momentum and fast moves till 37900 and 38000. SL can be placed at 37700, If we open with a gap up above 37760 and between 37900, we have to wait for price...

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Important Levels for 04-10-2021 The way the price reacted every time it went into our marked support zone and that too with good volumes and the positive price action most likely suggests we can see the index moving up. Aggressive players can buy at dips till 17500-17510 with SL of 17485 for targets of 17545,17560 and 17580. If we see further dip the next support...

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Important Levels for 04-10-2021. It was the absence of big volumes that kept the index inside such a small range, coming on Monday, expect it to give moves in either direction. If we open flat and start trading above 37400, then we can take longs with SL of 37330 for targets of 37510, 37635 and 37750. If we open with a gap down, the first support zone will be...

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Important Levels for 30-09-2021. Even though we saw an inside candle on the daily time frame. the price action was completely opposite of what we had thought it to be and the price slowly and steadily did move up. If we open with a small gap down tomorrow, dips to 37710-37760 can be bought with SL at 37620 for targets of 37870.37970 and 38050, but if we slide...

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Important Levels for 29-09-2021. Every time we see any big fall it now it is always being backed up by heavy buying at lower levels. We almost saw a 800 point bounce in about 40-45 mins thus completing a V-shaped recovery. For tomorrow, if we open flat or with a slight gap up and we see any -ve price action backed up with good volumes at 38100-38150 levels, we can...