Catching up averages after the Fall

Well to NS and BNS just did the catching of averages .

Well SL 7890 . EOD Basis .

Happy Weekend ! !

Sell in May an Go Away

Well The Range Played well.

We were just short of 50 off points .

Welcome May as the old adage says . For tomorrow look for supports near 7760 -7740 for buying . Today was Expiry so Have to See the Flow of NS tomorrow.

Sell SL 7940 NS . Happy Trading ! !

Wild Ride Tomorrow

Expect 200 points volatility tomorrow .

Range is 7800 - 8000 .

Trade it .

Happy Trading .

SL HIT Again

SL Hits again .

Buy SL 7840 NS . Still 8035 will give a tough Fight .

Happy Trading ! !

Sell till u get Exhuasted

Nothing more to add

Sell SL 7940 Target 7740 -7760 NS.

Happy Trading ! !

Huge Volatility Ahead

Just 4 Days to go for expiry.

Heavy Volatility expected .

Sell SL 7980 or 8035 NS. Target 7740 -7780 .

Happy Weekend ! !

Sell confirmed

Sell Confirmed today.

SL 7980 . Targets near 7740 - 7780 NS.

Happy Trading ! !

Signs of Selling

Well will not buy now .

Sell SL 8035 Target near 7735 - 7760 by expiry.

Closed all long today will look for shorts till expiry .

Happy Trading ! !

Sucking Holidays

Well SEBI should do something for these holidays .

The Entire Game gets over Globally and we are left with peanuts.

Welcome Wednesday and Nifty and Bank Nifty have formed Hanging man and double top in RSI.

Still its buy on dips but caution near tops . 

Buy SL 7740 NS . 

Disclaimer : I am Short .

Happy Trading ! !

Knocking at Resistance

Good Resistance ahead but how long .

Its Buy on Dips SL 7680 NS . Not giving upside targets as they are mouth watering and luring too .

Disclaimer - - I am short :)

Happy Weekend ! !

Am still not convinced

Many of you will say that my ego is not permitting me .

But believe me friends its not about EGO the up move is not at ll convincing.

Buy SL 7620 NS . No Sell SL as it is Buy on Dips .

I have to right to differ on opinions as i  am still bearish.

Happy Trading ! !

Not Convincing

Well As such SL of 7630 Hit so again its Buy on Dips .

Buy SL 7580 .

Personally am on the short side . Possibly 7580 May trigger gain.

Happy Trading ! !

A Bull trap in the making

Go short at the close with SL above 20 Points.

Looks Like a Bull Trap .

Will update more EOD .

Happy Trading ! !

Another NR7 Day

Well today too was another NR7 Day.

Weekly Trend has Turned Bearish. Look for support near 7445 - 7405 NS .

Hold Shorts SL 7630 NS .

Happy Weekend ! !

Power of NR7 Day

Well yesterday told about NR7 Day and the result is in front of you .

Do i need to add any thing .

For tomorrow try for long near 7520 NS for small bounce with 10 point SL .

Else 7445 - 7425 - 7405 NS in contention .

Near these levels preferred to cover all shorts  and also book puts as next week is a truncated one.

Sell SL 7640 NS . 

Happy Trading ! !

NR7 Day today

Today was a Narrow range Day .

Expecting a Good Move tomorrow .

SL for Sell 7655 NS and for Buy 7580 NS .

Personally will remain short till 7545 - 7445 NS.

Happy Trading ! !

Great Expectations

Remembering the great work of Charles Dickens .

Well the expected rate cut came and we had a sell off .

For tomorrow look for buying near 7540 or at gap down it comes for a decent bounce of 60 - 80 points.

Also note yesterday talked about the negative divergence in Banking stocks . The rest is history .

Sell SL 7730 NS .

Happy Trading ! !

Time for Divergence to Play tomorrow

With the Big Event tomorrow one thing noted is that all Banking stock are showing visible negative divergence in RSI - 14 . 

Above all the rally is already 1 month old and showing signs of Exhaustion .

Would be selling at the rate cut announcement Targets on the down side are 7640 - 7550 - 7465 . .

It will be a roller coaster ride so manage SL as per your Risk . Upside limited to 7840 - 7890.

Happy Trading ! !

What Lies Ahead

Well Going in the Big Event Week ahead all i can see is just blood blood and blood

The Day the budget was announced we had the rumors of  rate cut and all bullshit statements.

Definitely rate cute is coming on 5th april - - ????????????


Well either rate cut / rate hike / neutral --------- In all the cases we are heading for a blood shed.

Wait and watch .

No levels at present - Trade as per ur risk appetitie --- I will be on the sell side . Lest Prices Supreme let them guide me ! 

Happy Trading ! !