sam20051968

sam20051968

16 Jan 2023 2130 Hrs 1. US and Europe has run up a lot. May be due for a pull back. However for the last few days, we have decoupled from US and Europe. 2. In Asia Japan is very bearish while south korea and hang seng is bullish. 3. SGX Nifty is indicating a flat opening of 14 points at 17958 . hence bank Nifty will be 42200. 4. HDFC Bank lost all its gains of the...

sam20051968

15 JAN 2023 1430 hrs 1. US and Europe is looking very bullish. 2. Asia has turned bullish except Nikkei which has turned very bearish. 3. HDFC Bank has come up with good result. 4. Yesterday we had a phenomenal rally and we broke 42350. Currently we are trading at 42339. Looks like a short covering rally. 5. Nifty has closed at 17950 levels. Next resistance is @...

sam20051968

12 Jan 2023 2115 Hrs 1. US and Europe is bullish on daily time frame but all look over bought. a dip may in the offering. 2. Asia is neutral to bullish and over bought. 3. Today India Inflation figures came better than expected. So also US inflation data which has come above expectation. 4. SGX Nifty is indicating 59 points uptick @ 17961. This amounts to 150...

sam20051968

11 JAN 2023 2130 HRS 1. US and Europe is bullish. Asia is consolidating with a bullish bias. 2. India VIX is above 15. 3. SGX Nifty is indicating 14 points uptick means a flat opening. 4. 18000 is a strong resistance for nifty. 5. Bank nifty has strong resistance @ 43315. 6. HDFC Bank has strong resistance @ 1603. ICICI Bank is at its support level of 854 - 850...

sam20051968

10 Jan 2023 2130 Hrs 1. US is consolidating with a bullish bias. Europe is bullish but looks overbought. 2. Asia is mixed with nikkei bearish and kospi and hangseng bullish. 3. India VIX has shot up 5.85% and is above 15. 4. Bank Nifty and Nifty fell as explained yesterday. Major support to bank nifty is at 41500. It is a strong support. 5. we are at 42014...

sam20051968

09 JAN 2023 2200 Hrs 1. US, Europe and Asia has turned bullish as per the charts. 2. India VIX is below 15. 3. Nifty has closed above 18101, which is bullish. 4. Bank Nifty has closed above 42500. 5. FII have bought index fut to the tune of 2179 Cr, But has bought only 329 Cr in stocks. However DII have bought 1730 cr in stock. 6. HDFC Bank has closed below 1600...

sam20051968

08 JAN 2023. 1800 Hrs 1. US Markets have turned bullish for short term. 2. Europe is very bullish. Asia has turned bullish for short term. 3. India VIX is above 15 indicating increased volatility. 4. HDFC Bank has made a hammer on daily time frame . If it crosses 1602, then again it will be back in the range of 1600 - 1640. So we may see some bullishness. 5....

sam20051968

06 JAN 2023 2115 HRS 1. US markets are looking bearish. 2. Europe is very bullish. 3. Asia is bearish. 4. SGX Nifty is indicating a flat start. 5. India VIX is at 15. however it is down compared yesterday. 6. HDFC Bank is looking bearish. If it breaks below 1590, then bank nifty will be very bearish. Next tgt will be 1570. 7. ICICI Bank has res at 889 and sp at...

sam20051968

05 JAN 2023. 2015 HRS 1. US market is consolidating with a negative bias. Europe is bullish while Asia is bearish but has a technical bounce. 2. SGX Nifty is indicating 28 pts uptick at 18139. This amounts to 90 points uptick for @ 43079. 3. HDFC Bank is getting volatile due to merger issue and hdfc holding by fund houses which will be limited to 10% of overall...

sam20051968

03 JAN 2023 1. US Market and most world markets are shut today. However SGX is showing neutral to bearish structure. 2. Nikkei was open today but was down 1.9 % 3. SGX Nifty is indicating 65 pts uptick @18286 fut and 18250 spot. Bank nifty is indicating 43380 level spot. 4. HDFC bank is stuck in a range between 1620 to 1640 levels. ICICI bank is consolidating...

sam20051968

02 JAN 2023 1. A VERY HAPPY NEW YEAR TO ALL. 2. US market is consolidating with a bearish bias. 3. Europe is looking bearish. Asia is very bearish, with kospi and nikkei down by 1-1.5%. 4. HDFC bank has made a bearish engulfing candle and looking choppy. ICICI bank is very bearish. 5. India VIX is at 14.8 indicating rise in volatility. 6. SGX Nifty future is...

sam20051968

30 Dec 2022 2100 hrs TODAY MARKET BEHAVED AS EXPECTED. 1. At last US has rallied today before new year. But structure is still bearish. Europe has also rallied. But Asia is mixed with Kospi down and Nikkei up. 2. SGX Nifty is indicating 200 points up @ 18402 . This amounts to 600 points uptick in Bank Nifty @ 43952 which is almost near to all time high. 3. HDFC...

sam20051968

29 Dec 2022 2130 Hrs 1. US is neutral to bearish. Europe is neutral to bullish. whereas Asia is bearish. 2. SGX Nifty is indicating 36 points cut @18108. This amounts to 120 points cut in Bank Nifty @ 42500. 3. India VIX is @ 15.4 indicating increase in volatility. 4. HDFC Bank is looking bullish but it is facing resistance @ 1633. If it crosses 1633, then we may...

sam20051968

28 Dec 2022 0715 Hrs 1. US and Europe has become choppy with a negative bias. selling may start post new year. 2. Kospi is Down 2.3%. Nikkei is neutral to bearish. 3. SGX Nifty is indicating 75 points downtick @ 18072. This amounts to 210 points downtick to bank nifty @ 42650 levels. 4. Bank Nifty is at 200 SMA resistance. same is the case with Nifty. 5. HDFC Bank...

sam20051968

27 DEC 2022 2000 hrs. 1. Today US markets were closed. Europe and Asia is flat. 2. Today we had a good 1 % bounce back in Nifty and 2 odd % in bank nifty. However Bank Nifty move was a surprise. 3. However structure. of the market is still bearish. 4. India VIX is at 16 Levels indicating volatility and bullishness, since volatility has increased with market...

sam20051968

26 Dec 2022 1930 Hrs 1. US and Europe looks oversold. There may be some relief rally. 2. Asia is bearish. But is oversold. 3. SGX Nifty is showing 36 points up @17900. This amounts to 100 points up for Bank Nifty @ 41770. India VIX is above 15 indicating fear. 4. HDFC Bank has opened below 23.6 % fib retracement and closed above it. so it is bearish overall. But...

sam20051968

23 Dec2022 2045 Hrs 1. US, Europe and Asia is bearish but looks oversold. 2. SGX Nifty is indicating 94.5 points cut @ 18083. Any break of 18050 - 18000 levels will bring nifty to bearish territory. next sp is @200 SMA 17211. 3. Bank Nifty is indicating 250 points cut @ 42150 levels. bank Nifty has sp at 42100 levels. Any break of this will be bearish and next sp...

sam20051968

22 Dec 2022 0900 Hrs 1. US and europe is looking oversold and bullish. or it can be a rally in bear market. Both have rclocked 1 - 1.5 % gains on 21 Dec 2022. 2. SGX Nifty is indicating 100 points up @ 18350 levels. This amounts to 300 points uptick for bank nifty @42900. 3. HDFC bank is at its crucial lower range of 1600. Any break of 1600 may pull down Bank...