Levels and Plan for 8th Sept
Friday’s session was wild but functioned within the parameters known already- that of supply being present above 8140 and good buyers buying near 8075/ 8088.
Levels and Plan for 5th Sept
Today’s OrderFlow at the lows was a repair of tuesday’s auction and can hold the market up well in the coming sessions.
Levels and Plan for 4th Sept
There were more definite signs of the sellers becoming active today as the Nifty witnessed the largest point drop of 50 points even as the market continued the imbalance.
Levels and Plan for 03rd Sept
The Imbalance created off 8007 on expiry day continued today to 8139 which was near the Steidlmayer Imbalance target given yesterday even as signs appeared that the market will go back into balance in the next session.
Levels and Plan for 02nd Sept
The GDP growth helped fuel the rally today and expectedly BNF responded to the GDP numbers better than most including us anticipated at the Open. But again our Hypos were spot on for the Levels and Targets.
Levels and Plan for 1st September
Expiry day was quiet on the surface and Sept Nifty saw a range of 32 points only but EOD data showed massive changes happening below the surface. Check charts posted on the home page under “data that we watch”
Levels and Plan for 28th Aug
An OAOR type Open saw buyers and sellers settling on new value one day ahead of expiry day
Levels and Plan for 27th Aug
Again we had different auctions rolled into 1 session as yesterday’s sellers met strong responsive buyers near the FA point and managed to reverse the trend there. Hypo1 played out in NF and BNF fully again.
Levels and Plan for 26th Aug
It was 2 different auctions rolled into 1 session but the expected long liquidation near 16000 and sellers from 7965 F mentioned in the hypos played out fully.
Levels and Plan for 25th Aug
Step 2 of the Stedlmayer distribution is playing out in the short term with an expected Aug expiry between 7840 and 7965 F aug series.