deepss4u

deepss4u

Important Levels for 10/11/2022. Despite many limit buyers being present aggressive selling took control and we managed a close just below the Buyer reference zone 18198-18214. Today if we open flat and trade lower we can short with initial targets of the previous buyer reference at 18123-18135. If we break and sustain below it, it is quite possible to see 18050...

deepss4u

Important Levels for 10/11/2022. Yesterday it was a completely sideways market with the index being stuck in a 25-50 point range for the majority of the time. Today, if we open flat and trade below the buyer reference zone 41786-41841 we can take shorts for targets of 41591-41643 followed by 41500. For longs, we can wait and see if the buyer reference zone is...

deepss4u

Important Levels for 07/11/2022. The buyers did their best defending 18120 and in the late hour of friday's session we did witness a fast upside move of close to 70 points and closed inside the seller reference zone @ 18201-18235. Today we are most likely going to open with a big gap, the immediate seller reference is at 18327-18357. Once we trade above it we can...

deepss4u

Important Levels for 07/11/2022. We played inside the previous day range and closed inside it. Once we break the PDH @ 41646 one can think of longs but I personally will avoid longs unless we trade above the old seller reference @ 41750-41850. Once we trade above the mentioned zone we can see a 200+ point move on the up side and all we need to do is trail our...

deepss4u

Important levels for 04/11/2022. A day which started with so much promise with buyers aggressively moving the prices up but the seller reference zone saw buyers getting absorbed and selling took the prices down. Tomorrow, we can take longs only if we break above 18235 for targets of 18294 followed by the old seller zone of 18327-18357. We can look for shorts if we...

deepss4u

Important Levels for 04/11/2022. We opened with a big gap down, the buyers in the old buyer reference got into action and took the prices up into the seller reference and from here there was hardly any big momentum seen. For tomorrow, if we see flat open and price trades below 41340, we can short for targets of the buyer reference zone 41133-41189. Price...

deepss4u Updated 

Important levels for 03/11/2022. Another low volume day, the sellers were in control but absence of large volumes the price could not go anywhere. For tomorrow, we have to look at the index with a complete neutral view. The fact being we are trading side the weekly VA and unless we break it on the downside we cannot short the index. Once we break the VAL (weekly)...

deepss4u

Important levels for 03/11/2022. Another low volume day with sellers probing the price down but limit buyers absorbing all the selling. But at CMP we cannot be sure who is in control at this moment. For tomorrow once we open flat and break 18110, we can short with a 25-30 point SL for targets of 18053 followed by the buyer reference at 17965-17979. Longs can be...

deepss4u

Important levels for 02/11/2022. We opened higher sustained above it saw the old seller reference holding and it was followed by a retest of today's low and again strength was seen from the buyers to end the day inside the old seller reference. Now if we consider the second half of today's session the maximum volumes are concentrated at the tops. So, if we open...

deepss4u

Important levels for 02/11/2022. As per our analysis from yesterday we expected the old seller reference zone 41750-41850 to hold and we did exactly see that and we did achieve all our targets. We have closed almost at the same levels as yesterday. If we open flat tomorrow and break today's low at 41330, we can take shorts with SL of 60 points and look for initial...

deepss4u

Important levels for 01/11/2022. We saw a complete different PA as compared to BN. We opened higher and did not test the open after the first 5 minutes, this shows the strength of our primary index. Yesterday we had our analysis done and we wanted to gauge the strength of the buyers and the buyers did succeed today. For tomorrow, I would still prefer to wait...

deepss4u

Important levels for 01/11/2022. An inside day, with low volumes and hardly any continued momentum on either side. With ATH in sight we need good volume support to break and sustain above it else the old seller reference zone at 41750-41850 will see fresh sellers coming in. For tomorrow, the important level will be the seller reference area of friday's session @...

deepss4u

Important levels for 31/10/2022. Again we expect to see a gap up at the open. But with what we have seen in the last 3 sessions, the gap up is not able to sustain as the intraday sellers are taking over control. Such repeated occurances are rare. Still for today, i will keep less hopes on the upside and look for shorting opportunities at old seller reference...

deepss4u

Important levels for 31/10/2022. With the data we are seeing currently we can see a big gap up at the start. But with the story being similar in the last 3 sessions where we are opening with a gap up but intraday sellers are taking control with prices trading lower. Today if we see an open near the seller reference zone 41566-41633, there can be an upward move...

deepss4u

Important Levels for 28/10/2022. The late up move was nearly of 70 points but lacks the volumes needed for it to be sustainable. Tomorrow, if we see a flat open we can expect a fall till PDL @ 17654. If we see a gap down, shorts to be taken only below 17636. For longs I personally am a bit skeptical as there are lots of seller zones and we do not see any proper...

deepss4u

Important Levels for 28/10/2022. Will still iterate the fact that sellers are still in control. Even though we witnessed a sharp up move in the later stage it was not backed by good volumes. For tomorrow, we can short once we sustain below PDL @ 41178. The immediate target to look shall be 41030 followed by the old buyer reference at 40686-40790. For longs, will...

deepss4u

Important levels for 27/10/2022. We do expect a gap up seeing SGX but the charts do have a language of their own. At last session's close the sellers were dominating and unless they decide to run for cover I still think the index will come down. If we see the gap up sustain above 17885, then only will take longs for targets of 17968 followed by old seller...

deepss4u

Important levels for 27/10/2022. Last sessions low and the seller reference zone 41293-41353 will be important levels to watch out for. If we open flat and break PDL @ 41035, we can short and look for targets of 40852 and the old buyer reference zones of 40666-40733. If we see a gap up open around the seller reference zone (41293-41353) we can again look to sell...