Levels and Plan for 14th Oct
Consensus on value still is undecided in the market in an auction mainly dominated by the seller who is not selling at the lows but content on adding shorts at higher levels.
Levels and Plan for 13th Oct
A gap down, a rise from the gap down and a close at the lows was the auction last friday as Buyers and Sellers debated fair value for the curret trade with no consensus.
Levels and Plan for 10th Oct
A trend day in the market dominated by the buyers showed us strong aggressive buyers picking up all available dips in the Banknifty and equally aggressive sellers in Nifty F shorting at the highs.
Levels and Plan for 9th Oct
After the imbalance and the long liquidation seen yesterday the NF returned to balance today but buyers were not able to exercise much control over the day’s proceedings.
Levels and Plan for 08th Oct
The Market was slightly imbalanced last Wednesday with a tilt towards the downside. This morning Buyers tried to seize control of the market in the morning, failed considerably and the market fell under it’s own weight.
Levels and Plan for 7th Oct
At the close of a low volume session last Wednesday the market was primed for a big move but reading order flow in a low volume market was always going to be tricky with a holiday season coming up. We look forward to the initial balance in the first session of Tuesday.
Levels and Plan for 1st Oct
Typical of every RBI day we saw strong 2 time frame activity in the market as sellers entered the NF at higher levels after bulls looked like exerting control for a higher monthly close.
Levels an Plan for 30th Sept
Tomorrow is RBI day. If the first session of the new series showed lack of the initiative selling seen on expiry day, then today’s session showed us shorts covering in the region of 8004- 8020. Into the event of the day we will see the changes it has on existing inventory of holders .
Levels and Plan for 29th Sept
That the expiry session of September on thursday was dominated by expiry related selling pressure was abundantly on display on Friday as new sellers failed to show up in the first session and a liquidation followed post news in the afternoon.
Levels and Plan for 26/09/14
Expiry day turned out to be a trend day as the market broke below series lows and finished the series at the lowest points.