Crude is in a good area to sell. We can see a good turn around on 15 mins. Both intraday and short swing might be a good movement.
Airtel is looking good. Monthly chart shows it's above the 2007 high and sustaining that level from the month of May 2020. Yellow line signifies the breakout on monthly basis and looks like a decent up-move possible.
Bank nifty view for this month expiry. We are seeing BNF is a lot weaker compared to NF. BNF retrace is comparatively very weak. 22k on BNF is the range to watch with a probable upside of 23.6 and further upside of 25.5. Always trade with caution, use stop loss to avoid losses while taking trade. Ensure you have a sound risk management strategy in place before...
Please be take caution investing or speculating in stock markets. Stock trading is a risky business and one should always trade with appropriate stop loss and manage risk accordingly. This is a quick review of PVR and giving a fair idea of what levels it can testing in short term. Keep a watch!
Nifty is at support. Based on US Markets tonight gap up movement is probable. Levels to watch price action and take a call.
Reliance has breaking highs 1500 was a good resistance breakout due to heavy volumes. 1600 is the range to watch, divergence might kick-in and selling here will create good selling pressure downwards.
Gap tested per the earlier published idea. Key level is 13k below that shorts can be built.
Nifty has been trending in range last couple of days. Intraday movements have been up and down. Fib analysis on the swing shows resistance close 9400 range. Break above this can test the next gap at 9600 range at 50% Fib range.
A place to watch price action. Any resistance at these levels will create new lows in the coming weeks.
On anticipation of bigger and better budget; also easing global tension we can expect Nifty to rally till the budget announcement. Next major impact would be the earning of Q3 which seems to be muted for majority Nifty 50 stocks.
Break of support and trendline will be interesting to watch this month in Crude.
Crude is looking bullish and might test upper side close to 64$ in coming month.
Looks like it will test the demand around 11800. Bears at play
Nifty index is looking weaker at the top of 12k. Will it move more is something we need to wait and watch. I'm expecting a probable down side move.