16 Nov 2022 2000 Hrs 1. US and Europe are consolidating after a sustained rally. 2. Asian Market has shown a dip. 3. India Vix is at 14.9 indicating bullishness and less volatility. 4. As expected ICICI bk fired after 1430 Hrs giving a good move of 200 points on Bank Nifty and Nifty. While HDFC Twins underperformed and recovered from low of the day. 5. Reliance...
15 Nov 2022 2100 Hrs 1. US, Europe looks over stretched and may consolidate or may have a dip also. 2. Asia is consolidating. 3. India VIX is below 15 indicating bullishness . 4. HDFC Bank is looking bullish. After the consolidation today may show some up move. 5. ICICI Bank is oversold and has taken sp at 50 SMA. 6. Reliance is looking bullish. 7. Nifty has...
13 NOV 2022 1000 HRS 1. US Indices are looking strong. DJI is above 200 SMA. S&P is showing strong momentum. 2. European market look over stretched and may consolidate. 3. Asia is looking strong with Nikkei above 200 SMA. 4. SGX Nifty indicates 52 points uptick at 14888 Fut and 18400 Spot. 5. HDFC Bk look over stretched after a big move and may consolidate...
11Nov 2022 0900 Hrs 1. US has opened almost 5% up based on apple quarterly result. 2. The same is not reflected in Europe and Asia as they have opened 2.5-3% up. 3. HDFC Twins are looking very strong and ICICI Bank has bounced back as expected. 4. IT stocks may take clue from US tech stocks and bounce back. Reliance is weak with 2 days of under performance. 5....
10 NOV 2022 0845 Hrs 1. US has Pulled back by 1.5 -2 %, which is not good . 2. However Europe and Asia are down by Just 05 %, which indicates US underperformance is not affected Asia and Europe. 3. SGX Nifty is indicating 93 points Down tick at 18100 which is a slight pull back to major support area. Bank Nifty will have a down tick of 300 points to 41400...
08 NOV 2022 2100 HRS 1. US, Europe has recovered after a brief pull back. Asia is looking strong. 2. SGX Nifty is indicating 98 points uptick. This amounts to 18300 and 42000 For Nifty and Bank Nifty resply. 3. HDFC Twins, ICICI Bank and Reliance are looking strong. 4. Nifty has strong Resistance @18300 and Sp at 18100. 5. Bank Nifty has Resistance at 42000 and...
06 NOV 2022 2100 Hrs 1. US , Europe & Asia is looking strong. 2. India VIX is at 15.5. So volatility is low and premium will be less. 3. SGX Nifty is indicating 98 points up @ 18207 Spot. That means Bank Nifty will be around 41500 levels which is the resistance area. 4. The trend in the nifty and bank nifty has been to gap up and slowly drift down to support or...
04 Nov 2022 0900 Hrs 1. US and Europe looks weak after the interest rate hike by US Fed to 75 Bips. 2. Most tech stocks like AAPL and amazon have losr 3-4%. 3. Asia is neutral to bullish and has opened in slight positive. 3. HDFC twins remain range bound and bullish. ICICI bk has taken Sp at 20 SMA but remain neutral to bearsih. SBIN is at an all time high which...
03 Nov 2022 Thu 0855 Hrs 1. US and Europe are in red as expected. US i had mentioned is at crucial 200 SMA resistance and they all have bounced lower. 2. Asia after a gap down is recovering with minor gains. 3. SGX Nifty is indicating gap down by 60 points @ 18100 odd points. This amounts to 180 points gap down to Bank nifty @40900 levels. 4. Reliance is neutral...
03 Nov 2022 0830 Hrs 1. US, Europe are all in the consolidation mode with a bullish bias. 2. Asia has opened positive and looking strong. 3. India VIX @ 16.3 which has increased from 15.5 . Point to note. 4. Reliance has mad a big red candle indicating rejection at higher levels. HDFC twins look bullish and may break out of crucial res area at which it has...
02 NOV 2022 2230 HRS 1. US and Europe has reached resistance and seems overstretched. we may see some consolidation here. Asian market looks strong. 2. SGX Nifty indicates 30 points uptick @18091. This amount to 100 points uptick in the bank nifty. 3. Reliance is bullish. HDFC twins have formed a bullish green candle. ICICI Bank is bearish. Axis Bank is...
01 NOV 2022 2100 HRS 1. US markets and Europe are in an uptrend. 2. Asia is mixed with nikkei and kospi moving up and HSI in bear market. 3. India VIX is @15.6 indicating bullishness. But it is at its crucial support area. 4. HDFC bk is looking bullish in 15 min and 1 Hr chart. ICICI Bk is bearish and is below pivot . Axis and SBI are consolidating to bearish. 5....
28 OCT 2022 1030 HRS 1. US and Europe is consolidating and US has reached the 200 SMA area. However the momentum looks stong in S&P 500, whereas DJI and Nasdaq is consolidating. 2. KOSPI is looking strong, whereas Nikkei is neutral. 3. India VIX is @ 16.5 indicating less volatility and bullishness in indian markets. 4. SGX nifty is indicating 117 pts uptick @...
27 OCT 2022 2030 HRS 1. US and Europe is bullish. But they all are reaching crucial 200 SMA. 2. Nikkei has closed above 200 SMA. and kospi is looking positive. 3. India VIX is @16.8 indicating less volatility. 4. Bank nifty may gap open at 41422 due to SGX Nifty indicating 97 points uptick. 5. HDFC twins indicate bearishness and consolidation. 6. ICICI Bank is...
21 Oct 2022 1930 Hrs IST 1. US market is bullish to neutral. Europe is consolidating. whereas Asia looks weak with nikkei down 0.8% 2. SGX Nifty is indicating 57 pts up @ 17577. 3. India VIX is down at 17.22 4. Reliance and ICICI Bk is looking strong ahead of results . 5. HDFC Bank is bullish and TCS and Infy has made bullish candle. 6. However Relaince is...
20 OCT 2022 2300 HRS 1. US and Europe are down by 0.5 % and consolidating. But they are in a secular downtrend. 2. SGX Nifty is indicating 107 pts down tick. 3. HDFC Twins, ICICI bank are bullish and above 200 SMA. 4. INFY and TCS are looking bearish and may not support nifty. Axis bank is making all time high. 5. India VIX is down to 17.34 levels Indicating low...
16 Oct 2022 1921. 1. US markets have retraced all the gains post inflation data. Both S&P and NASDAQ have fallen the most. 2. Europe and Asia future are positive. 3. SGX Nifty is indicating 165 pts down tick at 17047. Again back to crucial 200 SMA and support level. 4. Nifty has closed below pivot and has resistance at 17185. Nifty has Highest call OI at 17300...
14 Oct 2022 2120 Hrs. 1. US inflation data is out which has come at 8.2%. US mkt is up by 1 - 1.3%. Europe is also up by 0.5%. Asia is down by 1-1.5%. 3. Reliance is looking strong with close above previous day close making a bullish pattern. HDFC Bank has support at 1373. But it has close below previous day low by making a bearish pattern. 4. HDFC has made an...