Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks DRREDDY had a good volume spike in the last trading session and is not making new ALL-TIME HIGHS. The stock has shown upside move each time it had a green volume spike and we can expect the same to happen again. We can...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Nifty has been making continuous green candles for the past few days except for one. Even though Nifty is rising we can see that green volume is decreasing which is a bearish divergence so we need to be careful if we are...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks AMARA RAJA BATTERY is approaching its resistance level near 800. We can expect some selling to happen if we approach this level from here without any pullback. This can make for a short setup. Note, if it goes and holds...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks BankNifty has broken down from the trendline and thus we can see more sell-side action in the near future, but we also need to note that BNF has been falling continuously for the past few days and a bounce would be...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Dabur had been making an ascending triangle on the daily chart and has broken towards the upside. The upside breakout came with more volume than average for the past few sessions but not very substantial, thus I would be...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks BankNifty had a great previous session with close to 1000 point move and the upcoming levels to watch out for would be the 25K level which is in confluence with the 200MA zone. That zone is also the top of the trend line...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks The chart above shows Nifty's sector-wise analysis. As we can see, the Pharma sector has performed the best in terms of returns since the crash followed by the IT sector. Finance and Realty (Real estate) have performed...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Nifty is currently showing two patterns which suggest that it may go upwards 1. Subsequent retest of the lower point of 11-472 gap region In the previous trading session, Nifty retested 11,472 around 4 times which...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Nifty has been trading within the range of ~10,850-10,700 for the past 5 days. So now we can expect some violent move in either direction sometime soon. A break below 10,700 should lead to a downside till 10,600-10,550...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks If you look at the run-up Nifty has had in the previous few weeks, it looks a bit over-extended and due for a pullback. As pointed in the previous few posts, the gap zone has served as resistance and we saw some decent...
Thanks for coming to this update. Before you start reading kindly hit that like button and follow. It motivates me to keep doing such work for free. Thanks This is an experimental setup I am sharing and I would recommend no one to take any trade based on this post. If we fit the trend lines in a specific way as shown in the chart, it seems like BNF has been...
Thanks for coming to this update. Before you start reading kindly hit that like button and follow. It motivates me to keep doing such work for free. Thanks Crudeoil bounced from the middle of the trading range after the rejection from the $41 gap zone and since then has again rallied back to the top of the trading range. The top of the range - $40.45 has been...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks The 10.4 K region has been a swap zone for Nifty and has been tested multiple times in the past few days. Yesterday also Nifty got rejected from the same area but today Nifty has broken out of that zone and has reclaimed...
Thanks for coming to this update. Before you start reading kindly hit that like button and follow. It motivates me to keep doing such work for free. Thanks BankNifty was trading in a descending triangle formation (in the previous trading session) which is generally bearish. The base of the triangle is a swap zone which has been tested as support resistance...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Nifty has continued it's bullish momentum and broken out of the 10,550 region (0.618 fib) level. It has formed a sort of Doji Candle on the daily which is a bearish candle (but not to say that we cannot see continued...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks DOW got a bounce from the confluence are of support which is the 25,000 - 25,240 region and as long as that area holds as support we can expect further upside move. If DOW starts to move down again and retests it, then...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks CRUDEOIL got rejected from the $41 resistance level and has fallen close to 10% from there within a comparatively small span of time. Global markets like US30 / DOW JONES, SPY, SPX have also seen a good drop during the...
Thanks for coming to this update. Before you start reading kindly hit that like button and consider leaving a comment below. It motivates me to keep doing such work for free. Thanks Crude Oil is trading within a range of $40.4 to $34.3. Break of these level on either side will provide direction to next big move for CrudeOil. We have tested the top of the range...