Trade Alerts : 5th apr
*** INTRA-DAY TRADES *** * Sell Nifty 5905, sl 5915, tgt 5886/ 5860Tgt 1 done+ 19 * Buy Nifty 5905, sl 5889, tgt 5933/ 5952Sl taken-16 *** OPEN TRADES *** ***Total points for the Day : Mini Nifty :Nifty :3Bank Nifty :Option : ***Cumulative points for the Apr Series ( so far) : Mini Nifty […]
NF Intra Update
Our conflict of interest for a bias to trade today has been resolved with the market choosing point 3 in the update of yesterday The chart was for the Nifty spot against the regular NF chart which we generally put out, but it was intersting to note that NF was at 5935 yesterday in the […]
Profile charts for 5th Apr
The Italics are the comments from yesterday and the previous days. Broader market of Monday :The market broke through it’s two day balance above 5880 and made a further 65 points northwards by the end of the day above 5880 Bank Nifty : —————-– BN had a seller off the open resulting in single prints […]
Trade Alerts : 4th apr
*** INTRA-DAY TRADES *** * Buy BankNifty 11770, sl 11750, tgt 11805/11865Booked at 11865+ 95 * sell Nifty 5852, sl 5874, tgt 5833sl taken– 22 * Buy BankNifty 11890, sl 11875, tgt 11917tgt done+ 27 *** OPEN TRADES *** * Buy 5700 PE at 72, sl 55, tgt 110stop taken at 49– 23 ***Total points […]
5900 spot
here is a daily bar chart establishing the downtrend from 63xx levels to 51xx levels. A composite profile of daily prices is drawn across the chart. There are two profiles, one for the entire down move from early November to the mid feb lows and the second pne from 5177 to current prices. As can […]
Profile charts for 4th april
The Italics are the comments from yesterday and the previous days. Broader market of Friday :Friday was an inside day on lower volumes. Trade facilitation was poor through out the day Bank Nifty : —————– BN showed signs of weakening today– 11714 is the key level for tomorrow.– further weakness can easily bring 11592/ 11620. […]
Welcome to April
On april fool’s day, we start a new series with a pressing question on whether the move seen in the last half of march would continue to 6040 or we would see a revisit to 5550/ 5650. We are currently working a balance zone between 5835 and 5880 with an excess both sides being rejected […]