Estimates for 15th July

Those of you who read my post last night posted here would know the importance of 5408-5411 as a reference level for today’s action. An auction above it would mean that buyers are back in control after yesterday’s downmove. Lower down 5355-5367 still continue as important supports. ————— 10.30 HDFC We had discussed HDFC as […]

EOD -14th July

Earlier this evening I had a longish discussion with Viren on the state of our Nifty, especially after the high volume downbar visible in the afternoon. At one point I felt that it would take out 5367, but later felt that it was a shake-out designed to catch weak hands. You can catch my real-time […]