Today NSE:MARUTI showed some bounce in the morning and but since then there we can see profit booking continuously. It has a long way to go though. I will post details in day timeframe.
In NSE:NIFTY , some profit booking is visible for the last half an hour. 15790 is good support. Bounce may be seen soon.
We have been discussing NSE:AFFLE for the last 5-6 days and in the last 2 days it has given significant move. This morning some profit booking was seen but buying overtook the selling. It is bound to show some more up move.
NSE:DEEPAKNTR is showing great up move and rallying towards 1950-1980 levels. Crossover is also visible along with good RSI strength. In this momentum, it can cross it's all time high this time.
NSE:VAIBHAVGBL is getting ready to move up. It has tried to move earlier but failed but this time RSI is showing some strength and should be able to move towards 850.
NSE:NAUKRI has reached to selling zone of 5400, and some profit booking is visible there. Great move yesterday. Hit all target in a day only.
NSE:INDIAMART is above it's 9 and 20 DEMA. And cross over is about to happen. If it sustains current levels then good up move can be witnessed on Monday.
NSE:AFFLE is showing good bounce from it's 4200 levels and with good volumes. If it sustains 4400 today then it can continue towards 4500 and 4700. Day timeframe RSI is also showing steep upward momentum.
NSE:NIFTY has been showing good recovery for the last 2 hours. Good sign. Intraday data showing positive momentum.
NSE:VAIBHAVGBL had been consolidating for the last few trading sessions in a range of 800-830. If it breaks 830 range decisively then it can rally towards 850-900.
NSE:NIFTY closed at it's day low today but took perfect support at 15680-15700 levels.
NSE:NAUKRI has given a beautiful breakout today. Rallying towards 5300-5400. Much awaited breakout with great volumes. It has been taking resistance in this range for so long time. Finally.
NSE:ESCORTS tried to break it's range of 1230 this morning but profit booking immediately brought it down.
Profit booking from 4500 levels is visible in NSE:AFFLE . If this profit booking continues then 4100 levels can be seen soon. Volume is more than normal. RSI on daily timeframe is in oversold zone so at any point of time buying can come. It has already corrected almost 30% from it's top.
NSE:HDFC had been consolidating in a range for the two months. I feel initiating a buy around 2400 for a medium term target of 2800-3000. This seems healthy consolidation because I did not see any negative news for the same. So if it's able to cross 2600 levels decisively then it can rally towards 2800-3000 this time.
NSE:HDFCLIFE is getting good resistance at 690 levels after 2 days of consolidation. It will take some serious buying to break 690 and sustain the same. Day before yesterday, we say good buying but that helped it to sustain in 680s range after standard life's bulk selling.
On expiry day NSE:NIFTY seems to be stuck in a range for the last two hours. Premiums melting. Sellers happy. Nifty should expire somewhere between 15700 to 15750.
Good buying seen in NSE:DEEPAKNTR . If it sustains 1865 levels then eye for 1920-1930.