Position update : 7th Oct

*** INTRA-DAY TRADES *** * Buy Bank Nifty at 12650, sl 12615, tgt 12690.Sl taken at 12615 * Buy HDIL at 289, sl 285, tgt 295Position exited at 286.9 *Buy Reliance 1050 call at 34, Sl 28, tgt 44.Sl taken at 28 Bank Nifty total points : -35 points Nifty total points : +00 points. […]

Eod update : 7th Oct

Today’s action in the Nifty and the Bank Nifty was a game changer ! The only “fly in the ointment” would be the Market profile needed confirmation which is awaited at the open tomorrow to see if the move down was genuine or not– by that we mean whether it was new shorts or long […]

Mid-day report ( 7th Oct)

The markets opened again this morning within range and near value of the previous day. always an indication that not much changed in terms of the way buyers and sellers loook at the market. So we have a day like yesterday, capped at 6225 to the upside and 6194 to the downside. The BN has […]