NSE:NIFTY trading at it's life time high. Still going up with momentum.
NSE:HDFCLIFE seems joining rally club but volumes are not seeming enough to sustain higher levels. Let's see what kind of candle we get tomorrow.
NSE:AFFLE can bounce from 4380 levels after some consolidation. It had been noticed that it's taking support around this level for the last 4 trading sessions. Seems like it will start rallying towards 4700 levels soon.
NSE:HDFCBANK is showing some up move with volumes. This time it can show 1545.
NSE:HDFC can show some up move. Now it can rally towards 2600.
NSE:NIFTY is showing some up move today. It can show 15830 levels.
Some serious selling is seen in NSE:TCS for the last few days. Specially on Friday, selling was seen with good volumes. Today selling could be due to dividends.
NSE:RELIANCE took perfect support around 2075 as discussed on Friday and bounced from there only. But weakness is still there in Reliance. It might crack more post it's results. This morning it showed good move of around 1.2% but profit booking came as soon as it touched 2100.
NSE:NIFTY just showed a sudden down move to 15650. I think FIIs did their favorite work :) FIIs seem to have sold off their holdings that made Nifty to drop suddenly up to it's good support level.
NSE:MARUTI showed a good move after taking a bounce from it's 7350 levels. This morning it showed a good move but profit book came as soon as it touched 7600.
NSE:AMARAJABAT can show some up move soon. Look at the RSI levels that I have created. It's been taking support at 38 and the same thing happening today as well. When it's RSI breaks 47 and crosses decisively then it can show 790 levels quickly. It's getting good resistance from the trend line as well. According to me, it can be a value buy.
NSE:NIFTY has been trading in a range for the last 3 hours. Looking at vix, no sudden movements are expected.
On daily time frame NSE:BANKNIFTY seemed recovered by it's candle structure. On weekly timeframe bearish candle is visible. But the entire day it traded in a small range today.
NSE:NIFTY closed below 20 DEMA today. There is indecision candle seen. On Monday, if it does not respect 15600 levels then 15400 can seen.
NSE:RELIANCE seems to be taking support at 2075 levels. If it breaks and comes down then it can show 2040-2050 levels soon. RSI is showing some signs of weakness but volumes are very less. So it can seen as weak hands getting out of the stock.
If NSE:TCS gives closing below 50 DEMA then can show 3180 levels soon. It has broken it's support around 3225. Let's see what happens in the second half session.
Some profit booking is seen in NSE:MARUTI since it touched 7700. Now it has been retracing for some time and now it's ready to take a bounce from 7350 levels. If it breaks 7350 levels then it can quickly show 7300 on the lower side.
NSE:TCS has declared results today and came as per market's expectations. TCS is making higher lows that shows it's in uptrend. Some profit booking has been seen in the last few trading sessions though.