gauravcs4u

gauravcs4u

NSE:RELIANCE closed at day’s low today. Looking at its big candles, it can keep its bearishness tomorrow as well. I will keep an eye if I can get it value buying levels. Thinking of selling deep OTM.

gauravcs4u

NSE:TCS crossed it's all time high. Let's see it's rally towards 3400. Some profit booking is expected but retracement can be quick.

gauravcs4u

NSE:MARUTI has been able to cross 7500. It can still go to 7600.

gauravcs4u

BINANCE:BTCUSD has started showing some recovery after China's news. BTC had touched 30k levels twice in the last one month. Now I can see there is one immediate resistance visible at 41000 levels.

gauravcs4u

NSE:ADANIPORTS had been showing recovery from it's 650 levels but today there has a complaint filed against Adani. Let's see how does market behave tomorrow on this news or may be market has factored in this news in today's fall in Adaniports. I have marked support levels to track.

gauravcs4u

NSE:BANKNIFTY has closed at day's low today and with a weak closing. Took perfect support around 34500. Tomorrow is expiry so move can be in any direction or sideways. Let's see what happens tomorrow.

gauravcs4u

NSE:KOTAKBANK has been consolidating for the last one month in one range of 1700-1800. I had traded it whenever it touched 1670-1700. And ready again if it touches and shows signs of recovery after touching at the buying zone.

gauravcs4u

NSE:RELIANCE took support at 2200 levels today. If it does not sustain this level then it can break down to 2150. I notice high call writing at 2300 for June expiry. I believe it's going to either consolidate here or retrace back to 2150 levels.

gauravcs4u

NSE:NIFTY closed at day's low today. This could lead to some more fall tomorrow. However, it could have been done in order to make it option seller's day. :) Expiry is supposed to happen around 15650-15700 since max pain is at 15700. I can see good put writing at 15600 but heavy at 15500. There are more contracts on call side though at 15800. So anyhow in this...

gauravcs4u

As discussed earlier NSE:HDFCLIFE touched 720 and some more rally is left in it.

gauravcs4u

Look at NSE:MARUTI , it's rallying towards 7500 and 7500. Immediate phycological resistance is 7500. It can rally towards 8000 after a small retracement. I am still holding. It was discussed a few days back.

gauravcs4u

Profit booking seen in NSE:AFFLE at 4732. 4732 is going to work as a resistance now.

gauravcs4u

NSE:NIFTY is stuck in a range 15830 - 15900. If it breaks upwards (15900) then it can rally towards 16000 but this seems not happening in this expiry.

gauravcs4u

NSE:HDFCLIFE seems to be giving breakout. It had been touching 710-713 and coming back. But today it has crossed the same and RSI is also above 70.

gauravcs4u

NSE:VAIBHAVGBL had been showing some consolidation at 800 levels for the last few trading sessions. Today it gave good break out with good volumes and gave closing above 9 DEMA.

gauravcs4u

NSE:AFFLE showing some good buying at 4500 levels but selling pressure came in instantly. RSI is also showing that it's in oversold zone so it might show signs of reversal from here. I will wait for a good positive confirmation. Today's candle does not seem bullish to me.

gauravcs4u

NSE:HCLTECH is showing positivity in it's price. The candle has closed above it's 9 DEMA. RSI is also above 50. If NIFTYIT shows positivity tomorrow then it can test again 1000 levels. Waiting to see it at 1050 again.

gauravcs4u

NSE:HDFCBANK showed a good rally on 15 minutes time frame chart and on top of that it has given closing above it's 9 DEMA. Strength is also above 50. Hopefully, it will open positive tomorrow as well. Congrats to all who are long in this.