Levels and Plan for 31st July

The Nifty saw a cutoff in intra day momentum at 8455 near the series vwap of July. The Buyers from 8321 spot are facing off with the sellers from earlier in the week at this vwap and the auction could be subdued for the session tomorrow which happens to be the week and month close. […]

Profile charts dt 30/07/15

Expiry day was a timid affair. What started off as a trend day failed to drive beyond the July series vwap. Here are the MP charts for Aug

Levels and Plan for 30th July

We had an inside day and another balanced profile in the markets. It points to an explosive move on expiry day in the indices and one which should do over a 100 points in NF. At this point the probability of the NF visiting 8436 F above or 8280 F below are almost equal.