Evening Report dated 02nd Jan ’18

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The auction of Tuesday confirmed the spike lower, seen on Monday which is short-term bearish and points to the path of least resistance shifting downwards. We built volume at 10470F today which was where the market traded for most of Nov and any further auction below this control point can open up 10350 F. Resistance is likely to […]

2017 is done and here’s what 2018 can do.

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Happy New Year everyone!   2017 was a trend up profile and a good one if you were a Bull. Stocks went up and virtually everything which could be bought was up. It happens when you get a strong Trend profile. It opens at one end and closes at the other. The Nifty opened at […]

Evening Report dated 01st Jan ’18

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The auction of Monday was a low volume 20 point range for most of the session but spiked lower near the close on heavy volumes. The close put it back near the lower of the 2 high volume zones we have been tracking and the Buyers would have to put in a lot of effort […]