Levels and Plan for 4th Aug
A gap down got closed but the seller took the initiative to sell near the highs and the market closed near it’s lowest point
Levels and Plan for 31st July
A short covering of Morning shorts and the shorts from Monday ensured that the Nifty closed near 7800 again
Levels and Plan for 30th July
The “toehold” mentioned in the last update managed to pull the index down on Monday and buyers were called to defend the “7716-7728” mentioned in the last report
Levels and Plan for 28th July
Finally after almost 2 weeks sellers managed to get a toe hold in the auction process and managed to keep most of the dominance by close – most not all of it.
Levels and Plan for 25th July
Another day and another round of seller annihilation as the buyer once again closes at session highs. It’s happened at 7696 at 7746 and today at 7796 F
Levels and Plan for 24th July
Dip buyers again at Vpoc today ensured a higher close for the Nifty today.From 14th July we have seen a non stop climb in value from 7445.
Levels and Plan for 23rd July
Dip Buyers again in NF today as sellers were overcome (yet again) and buyers carried the day
Levels and Plan for 22nd July
A 2 way auction saw the Nifty open strongly up but lose all the gains by the close
Levels and Plan for 21st July
The Dip buy Mode continued as the lower open was bought and the early sellers liquidated.
Levels and Plan for 18th July
Consolidation day again today but just like yesterday we noted a buyer sweeping the market orders at 7630 about 90 points higher than yesterday’s 7539 in the Nifty July F. Moral : back in dip buy mode