no such movement till now at friday we are expecting a pause or dauji candel
all eyes are green now nifty ready to make lower low or a range bound market as main inflow of money will start after rate cut points to remember 1. fiis are continuous sellers not buyers today they buy around 716 cr which is not very much diis are buyer and are afraid of economic tensions that's why they are trying to hold cash as much as possible 2. market did...
crude to open gap up and trade in a narrow range try to fill the gap upper level 6770
market is ready to test highs be ready for 24500 on friday
You can take a buy call just for before budget after that sell it no more further up move is seeing stock struggles a lot to give up move a good correction in nifty can leads to good fall in it
results where not as but come as expected not analyst estimate the predict the values based on financial modelling which has no co relation with trading the current price and levels decide the psychology of buyers and sellers so i think the stock will go up either monday or on budget day so best to take a ce of it on monday at 10 am/ buy positions target is not...
Take a long position if you find the stock in buy zone on monday otherwise leave it
BUY the gold as the technical are supporting but the fundamentals are opposite if the last support break i will go for good correction
sell when the cchannel breaks use delta exchange it has good volume an liquidity
market is in range take a buy position with sl as market try to take bounce
I am expecting a fall at least near by 200 dma which is close to 24400 there after a side ways then rally in clossing session best to trade take a pe position and book some profit and then start selling pe at closing dont take calls as budget day is very volatile budget market ko boost nai de paiga closing mai pe bhar bhar kar laka jo bas trader ki tarha risk...
Short at resistance and hold the trade until the resistance not broken simple demand supply theory but as of few bad news and weak global sentiments it will fall till evening after that side ways to bullish
Just a view in my view bank nifty is not weak as i think may be monday we will see +ve market whole view will be updated tonight if shorted book profits
As discuss in my previous analysis Sensex in opening huge gap down and I am making profits of some where between 3 lakh to 5lkh taken a pe on closing 81000 pe let see how much it will give the profit on Friday I didn't do index trading its my rule as premiums are two high and I am option buyer so most Friday is my no trading day .
as crude oil has given a decent movement not its time for the crude oil to go in a consolidation fase which is sideways to bullish
WAIT nifty to cross 24500 go for aggressive shorts budget is near after that we will see a correction option buyers days are coming if you are seller start selling calls monthly contracts I am taking aggressive short positions on options of psu stocks as I have checked fundamental technical and sentiments market is currently running on 3 things huge mf inflows,...
Start shorting Sensex at Thursday closing you will get good profits big broking firms starts selling stocks and they will take aggressive positions take 10% of your capital risk in full exposure and play the game in .
Simple demand and supply analysis' crude oil observations 1 it falls most of the time 2 it raise very few so try always to get into sell trade at resistance