23 Apr 2023 1220 Hrs 1. US is looking neutral with a bearish bias. Europe is over stretched and looking neutral to bearish. Asia is mixed with a bearish bias. 2. SGX Nifty is indicating a 20 points uptick at 17660. A flat opening. Bank nifty is also expected to open flat. 3. HDFC Bank has sustained above 1670 levels. It is still looking bullish. It has support at...
20 Apr 2023 1. US , Europe are choppy with a negative bias. 2. Asia is neutral with a positive bias. 3. India VIX is at 11.9 which has come down. SGX Nifty is indicating a flat opening at 17677. So Bank nifty is also flat at 42263. 4. HDFC Bank is looking bullish after closing above 1671. It has made a base for the past four days. It has support at 1665. it has...
19 Apr 2023 2045 Hrs TOMORROW IS EXPIRY . SO TRADE CAUTIOUSLY. 1. US markets are neutral to bearish. May not get goos support from US markets. 2. Europe and Asia is looking overstretched. 3. India VIX has slightly increased to 12.15. SGX Nifty is indicating 25 points uptick at 17679 which is flat. 4. HDFC Bank is moving in a very narrow range with a positive...
18 Apr 2023 2015 Hrs 1. US is consolidating with a bearish bias. 2. Europe is neutral to bearish and over bought. 3. Asia is looking bullish. 4. India VIX is at 12. SGX Nifty is indicating 15 points uptick at 17703 which is a flat opening. So Bank Nifty is also expected to open flat. 5. However indices today did not open as per SGX Nifty. 6. HDFC Bank has very...
17 APR 2023 2130 Hrs. 1. US indices are overbought and consolidating. 2. Europe is overbought. Asia is over bought. 3. India VIX is at 12.2 which is good for option buyers. SGX Nifty is indicating 30 points down tick at 17733. This amounts to a 100 points down tick at 42120 levels. 4. HDFC Bank as discussed is consolidating. it has support at 1653. It has...
16 Apr 2023 1. US markets are mixed with S&P in consolidation, DJI bearish to neutral and NASDAQ bearish. This is because IT stocks are under pressure. 2. Europe and Asia is looking bullish. 3. SGX Nifty is indicating 58 points cut at 17813. India VIX is very low at 11.9 . 4. HDFC Bank has come up with very good result. whether this good news has already been...
13 APR 2023 2120 HRS. 1. All the world markets are bullish. 2. India VIX is at 12.1 which is low. 3.SGX Nifty is indicating 23 points down tick which is a flat start as of now. 4. HDFC bank is very bullish and is reaching over bought position. It has no resistance as of now and is challenging all time high 1727. It has support at 1678 - 1680. 5. ICICI bank is also...
12 Apr 2023 2000 Hrs 1. US indices are looking bullish. Nasdaq is bearish. 2. Europe is choppy and Asia is mixed. 3. SGX Nifty is indicating a flat opening. India VIX is at 11.9 which is low. 4. HDFC bank has closed above 1660 which is a good support . next tgt is 1672 and 1679. if 1660 is broken, we can see 1650. 5. ICICI Bank is looking bullish after a pull...
11 Apr 2023 2000 Hrs 1. US markets are looking neutral to bearish. Europe is choppy. In Asian market, japan is down while kospi is looking bullish. 2. India VIX has slightly up from 11.9 to 12.2 as a result we saw volatility today. 3. SGX Nifty is indicating 22 point down tick at 17590 levels. This amounts to 40790 levels for bank nifty. 4. HDFC Bank is bullish on...
09 Apr 2023 1230 Hrs 1. US markets are looking bullish but over bought. Whereas Europe is neutral to bullish. Asia is bullish. 2. India VIX is at 11.95 which is very low. we may see a rebound of VIX from here. This will increase volatility . 3. SGX Nifty is indicating a flat start at 17725. So is bank nifty at 41050 levels. 4. HDFC Bank is bullish on daily chart....
05 Apr 2023 2030 Hrs 1. US and Europe are looking over bought and looks neutral to bearish. 2. Asia is looking mixed. With Nikkei looking bullish and kospi looking bearish. 3. SGX Nifty is indicating a down tick of 49 points for nifty at 17575. This amounts to 150 points down tick for Bank Nifty at 40850. 4. HDFC Bank is very bullish and has made a marubozo...
04 Apr 2023 1330 Hrs 1. All the US indices are bullish but over bought. Europe is neutral to bullish and Asia is bullish. 2. India VIX is at 12.5 indicating bullishness and less volatility. 3. SGX Nifty is indicating 84 points uptick at 17540. This amounts to 250 points uptick for Bank Nifty at 41050 levels. 4. HDFC Bank which was neutral yesterday may take the...
02 Apr 2023 2200 Hrs 2240 hrs 1. US indices are looking very bullish. But they are reaching over bought levels. consolidation may be in the order. 2. Europe and Asia is bullish. 3. India VIX is at 12.9 indicating less volatility. 4. SGX Nifty is indicating 63 points uptick at 17480 levels. 5. HDFC Bank is looking bullish with good volumes. Now 1604 is a good...
28 Mar 2023 2200 hrs 1. US markets are neutral. Europe and Asia is bearish. 2.India VIX is at 15.1 which is neutral. 3. HDFC Bank is looking bullish and ready for a pull back. If HDFC Bank crosses 1584 then next tgt is 1590 - 1595. It has support at 1576. 4. ICICI Bank is neutral . If it crosses 860 it has a target of 865. It has support at 855. 5. Reliance is...
27 Mar 2023 2045 Hrs 1. US is looking bearish. Europe is neutral and Asia is bearish. 2. India VIX is at 15.4 indicating volatility. 3. HDFC Bank is looking to turn around and is taking support at 1560 and resistance at 1580. Any move above will be bullish. If it break 1650, then tgt 1550. 4. ICICI Bank effort to break bearish head and shoulder pattern failed and...
26 Mar 2023 1215 Hrs 1. US and Asia has become choppy and rangebound without any clear direction. Nasdaq is the only one looking bullish. 2. SGX Nifty is indicating 110 points uptick at 17035 levels. This amounts to 270 points uptick for Bank Nifty at 39665. 3. HDFC Bank is bearish. It has resistance at 1570 levels. Any move above 1575 will be bullish . Any move...
23Mar 2023 1. It was a very volatile expiry. 2. Fed has increased the interest rate by 25 bps as expected. 3. US markets are up 1.5% as of now. 4. Europe is bullish. Asia is also looking bullish. 5. HDFC Bank is facing resistance at 1590 area. Immediate resistance is at 1570. It has support at 1550. Any move above 1574 is bullish. 6. ICICI Bank has support at...
21 Mar 2023 2200 Hrs 1. US market is choppy with a bullish bias. Europe is bearish. Asia is bearish. 2. SgX Nifty is indicating 20 points down tick which is flat. So Bank Nifty will be opening flat as per the data available as of now. 3. Nifty has closed above 17100. Bank Nifty is firmly above 39700. 4. There has been a pull back in HDFC Bank and ICICI Bank. 5....