Friday charts
Bank Nifty : Nifty :
Swing Bottom ? / Open House
In last weekend’s post printed here, Viren had made a case for this market to be sold into at every rise throughout the week. The market began the week by attempting to get over 6160, failed and finished the week at 5875, roughly a range of 300 points from top of the week to the […]
Down trend continues
In my comments from yesterday posted here, I had mentioned that I was not comfortable with the 100 point rise in the Nifty without the supports of the banks at the close of the session yesterday. Well the selling began in earnest at the open itself and a trip to the lows at 5935 was […]
Charts
Bank Nifty : Nifty :
Position Update : 18th Nov
*** INTRA-DAY TRADES *** * Buy Bn abv 12520, sl 12480, tgt 12560/ 12600Sl taken * Buy Mini 6032, sl 6002, tgt 6050/ 6090.Exited at cost. * sell Nifty 5955, sl 5978, tgt 5930/ 5900Sl taken Nifty total points : -23 points.Bank Nifty :-40 points. ———————————————————————— *** NEW TRADES *** *Buy educomp 562, sl 533, […]
An extended downtrend?
A 100 point bounce from 5925 levels and a close above value high seem to have got people excited and talking about a bottom. Bottoms are a process, never an event! Well, we may go up again tomorrow and the peculiar ‘P’ shape observed in today’s profile was weird because it comes on a downtrend. […]
Trading Room Charts
We have a change in the Trading Room Charts tomorrow. We will be displaying only the RT charts above and the MP charts below. There will be no QT charts. We have managed to get all the parameters transferred to RT. Hence value areas, VWAP, Pivots will all be in RT now. The idea is […]
Charts
BN : Nifty MP Girish and myself were posting the same time on Vtrender. So I”l put these next two here. Bank Nifty : Nifty :
Position Updates 16th Nov
*** INTRA-DAY TRADES *** 1 call given in BN, but missed our trigger entry by 10 points. Nifty total points : points.Bank Nifty : points. ———————————————————————— *** NEW TRADES *** * Buy 5900 Dec Put at 120-122. Hold till expiry. ———————————————————————– *** OPEN TRADES *** STOCKS * Buy Dr Reddy at 1742-1240, sl 1680. Tgt […]
Charts
Bank Nifty : Nifty :