Levels and Plan for 14th Aug

The day was an inside day with a net 300 Lakh plus in volumes between 8457 and 8355 with clear signs of sellers at the highs and responsive buying at the lows. That kind of volume in that range calls for a breakout and  odds are high to get one tomorrow. MO at -71 evens […]

Levels and Plan for 13th Aug

The Nifty broke the series vwap of 8446 today on above avg volumes ( day high of 8447) putting the ball firmly with the previous buyers at 8330- 8300 to lift the market up again. Support lower is at  8255 on the index . The BN continued the imbalance with another sharp trending move mid afternoon […]