Siddharth_24

09:22

Siddharth_24

Nifty and five major sectorial constituents of Nifty analysis based on pure price action. Try to show one calendar trade but it was not visible in the screen. Sharing you numbers here. Current Calendar Spread Structure: Long: 24000 PE – 31 July 2025 Short: 24000 PE – 27 June 2025 Net Debit: ₹88 per lot Rationale: The surge in India VIX indicates heightened...

12:41

Siddharth_24

* I explain weekly chart, in explanation I explained from last four months but actually it was from last four weeks. So Nifty price action shows - Slight down to consolidation bias Market has trapped lower low formation so 23500/23600 will act as strong demand zone Major constituent of Nifty 1. Finnifty - Consolidatiing after hitting all time high so, down to...

02:00

Siddharth_24

Mandi price is stabilizing on day chart after 5-6% down move. Now we expect some bounce around 1500 to 2000. For this we need some support from direct or indirect factors affecting domestic steel...

05:39

Siddharth_24

Mandi spot chart with Price action and candle psychology...

Siddharth_24

Here Mandi steel long chart is near to multiyear support zone. Circle mark A: It has drifted bellow support and bounced back. Circle mark B: Market bounce back above support and sustaining. Technically both has equal importance, any of one will decide the fate for medium term.

Siddharth_24

LME Steel scrap CFR Turkey Scrap showing some price spike. Breakout from the range and showing positive momentum. These break is lead by higher oil price and OPEC+ production cut news. Now we have to look for the breakout strength

01:40

Siddharth_24

Market is in up trend and such big move on opposite side gives chance to make awesome return in the direction of trend...

Siddharth_24

Fundamental: Result is coming out in near term so almost flat to slight positive result expected as per Pre-result reports Technical: Underlying has formed bottom near previous low and form double bottom like structure and provide health up side up to range top. Down side is limited at 1375 level and expect 8-10% up move in coming days. We can also plan to...