Signs of Reversal

NS looking exhausted completely.

May be cz of expiry tomorrow - Tremors to be felt.

Its a Brokers market at present . Clarity will be after the expiry .

Lets wait for tomorrow close as it is weekly/monthy/yearly close.

Have a Great Day ! !

Nothing to do

Now a Days not trading is the best thing to gain profits .

It has been an option writers market. Nothing changes as such . Tomorrow too short near the open and cover with small profits .

Sell with Sl of 7980 targets remain the same . Over all its buy on dips .

Have a Great Day ! !

Exhaustion sets in

Laboured upmove after the gap up .

As of now to me looks like exhaustion - For tomorrow one may try shorting at the open
with a SL of 7980 NS --- 7810 - 7780 NS expected.

Also expecting a Gap Down tomorrow.

Shorts only for intraday --- Lest it is buy on dips as such.

Have a Great Day ! 

Direction Less Market

Well owing to a great weekend dry volumes and direction less market has taken a toll on traders.

The rally looks like has no steam left and vice versa the sellers are also absent.

Buy with SL of 7760 and Sell with SL of  7980.

Play range - range .

Merry Christmas and have a Great Weekend ! !

Up and Down

One day up and One day Down .

Boring state of market with just the first half hour and the last half hour movements.

Well buying the dips is working well .

For tomorrow look for resistance near 7880 NS or 7920 NS and brutally short with SL of
7980 NS . Targets on the down side are 7780 -7760 -7740 NS .

Over all its buy the dips but the risk reward is favoring shorts now.

Lets play Range Range till the direction gets resolved.

Have a Great Day ! ! 

The Rise and Fall

As expected NS faced resistance at the supply line and fell sharply .

Nothing more to add with SL of 7760 NS Buy the Dips. . 

Don't remain long below 7760 - - Instead Below 7760 NS short with Sl of 7880 NS.

Have a great Day ! !

What Next

Well the bounce happened and panic buyers would have earned huge.

For tomorrow look for resistance near 7880 - 7920 for small shorts just for intraday . On the contrary break below 7790 would invite 7730 and lower levels till 7690 .

Buy on dips ! !

Have a Great Day ! !

Finally Trend Assertion

Well As expected the Weekly trend asserted .

Till we Don't close below 7730 - 7695 . Buy the dips -- Only one thing is bothering that 7500 PE OI has reduced on Friday and 8000 CE OI has increased .

As per OI 7500 may break soon . Owing to reduced activity if  FII looks bizarre as of now .  For Monday look for buying the panic between 7690 and 7730 NS for immediate bounce.

Have a Great Weekend ! !

Will the Weekly trend assert

What a Rally . Rock and Roll .

The market has immediately become buy on dips SL 7720 NS and it will increase as days go.

Look a the chart below --- Tomorrow we may face stiff resistance near 7880 - 7915 NS . Try shorting with small SL for intraday - Position ally  its a buy till we don't close below 7695 NS

Have a Great Day ! !

Rock and Roll

A picture is worth thousand words .

Though NS rallied there was no follow through Buying .

Let the Market open tomorrow till then keep Guessing ! !

Great Days Ahead

Global Markets are dancing at the fed tune . Time to be cautious with over night position for 2 days.

Too many buy signals today - - Prices are hinting that not rate hike lest market is supreme .

Stay cautious and better no positions --- Cash is King .

On the short side SunPharma/Cipla is short and on the long side Adani Ports is Buy.

Be specific ! !

Have a Great Day ! !

Traps all the Way

Dont get swayed away by the Rally today . 

Not able to close above 7691 . . See the chart . . NS need to touch 7540 if this rally has any strength else new lows in contention .

Start SIP in Nifty Bess and Bank Bees .

Have a Great Day ! 

Capitulation Ahead

Sorry Folks Could not get Time to Update cz of personal Obligations

Look at the two charts Below . Both are self  Explanatory

Still more down side pending . May be 7100 -7200 . 

Start accumulation Nifty Bees and Bank Nifty Bees slowly