Levels and Plan for 1st Oct

The week is moving to the plan made on the weekend and the first supply point in Nifty is close by. The BN has already reacted from the weekly supply zone yesterday. Today’s auction was bullish and 7997F and 17610F remain our reference lines for more upsides.

Levels and Plan for 30th Sept

RBI day was volatile and in NF we saw the 100 point 2-way moves again in 60 minutes, after a pause of a few sessions. OrderFlow above 7830 did not show huge buying and we look forward to a quieter session tomorrow to repair the OrderFlow imbalance.

Levels and Plan for 29th Sept

The first day of the new series of October was quiet in the first session, almost random in movement but showed us an inability to auction above KRA 7930 and gave us a failed auction and a spike as reference points for the auction tomorrow where we expect wholesale inventory changes based on the RBI. […]