PowerTrades

PowerTrades Updated 

---- WEEKLY ANALYSIS 25 JAN --------------- NIFTY & BANKNIFTY both had a bearish close, Banknifty more so witha close below previous week. Last week was also very interesting where we did both the upside and the downside targets for NIFTY and BANKNIFTY. Key Play will be consolidation and downside continuation until we hold below the weekly trend deciders. NIFTY...

PowerTrades

NIFTY & BANKNIFTY Weekly Updates: Monday both NIFTY and BANKNIFTY took resistances at the weekly trend decider and tested lower to do the 1st downside targets before staging a strong reversal from those zones. NIFTY: If we continue to hold above the Trend decider will look for a bullish continuation to test last week's high.Below the trend decider will expect...

PowerTrades Updated 

---- WEEKLY ANALYSIS 18 JAN --------------- NIFTY & BANKNIFTY both had a bearish close, and hence will look for rotational continuation as a primary scenario this week. NIFTY Futures : Weekly Trend decider at 14565. This forms the reference for a bias (bullish/ bearish ) 1. Hold below look to tgt 14325/14215 2. Fail to hold below , move above for tgt of...

PowerTrades Updated 

--------------WEEKLY ANALYSIS 04 JAN --------------- post the year end week - where last few days were muted. That has provided a good range break out play opportunity NIFTY Futures: Weekly Trend decider at 14010F also VPOC of last week at 13982F. This forms a good area for a bearish bullish bias. 1. Hold of that for a long side play to test 14130/14290 2. Hold...

PowerTrades Updated 

------------- WEEKLY ANALYSIS 28 DEC ----------------------- This will be the follow up of a strong reversal week , hence expecting bullishness to continue. We will be looking for hold above the weekly trend decider for a bullish bias for upside targets. NIFTY: Pullback and hold of 13650F and now 13800F will look to stay bullish for upside tgts. Hold below 13800F...

PowerTrades Updated 

Last week was a rocker of a week, worked beautifully with the plan and the market movements. ------------- WEEKLY ANALYSIS 14 DEC ----------------------- NIFTY & BANKNIFTY have had another up week with no overlaps. We will be looking to trade the break of the VA of the week ( marked in Square ) Monday open suggests hold outside- can look for that region to hold...

PowerTrades

NIFTY upmove has been powered with FII Inflows. This in turn has been hit with with the collapsing dollar Index. Dollar Index has for the first time show some base formation in Day time frame charts. Will be interesting to watch out from these levels for a potential top in NIFTY if DXY pulls from here.

PowerTrades

NIFTY & BANKNIFTY have continued the march higher with a strong friday close. NIFTY: Strong weekly close with an expanding range makes it a possibility to move higher further. Key weekly Ref is 13210F. Hold abv that will continue to stay bullish for 13385F. Downside tgts are 13110/13035 BANKNIFTY: Contracting range, indicates a first signs of weakness , fuelled...

PowerTrades

Crude has been holding within this range since the break out play. Until we break and hold above 45.60 or below 44. 40 pullback play is the theme. Break out outside the range in next 1-2 sessions.

PowerTrades

Crude has been holding within this range since the break out play. Until we break and hold above 45.60 or below 44.40 pullback play is the theme. Break out outside the range in next 1-2 sessions.

PowerTrades

------------- WEEKLY ANALYSIS 01 DEC ----------------------- NIFTY & BANKNIFTY are consolidating in a range for the past few days. Key references are marked in dashed lines. NIFTY FUTURES : 13100 -12960 BANNIFTY FUTURES: 30250-28850 Willlook for a 30 min close for confirmation, else fade these adges. for rotation Potential Tgts for break outside are marked blue...

PowerTrades Updated 

SPX near key inflection of 3585-90 areas. its a multi session reference. Break above or hold of that has a big play on cards with a low Risk Upside and downside potential targets marked

PowerTrades

#NIFTY Strong opening into the week, based on last week's reference immediate support at 12930-900F 1. Hold abv that look for continuation to test of 13065F areas. 2. Hold below that will look for rotation move to test of 12850/12790 1. Hold abv 12720F for a move to 12860 /13020 2. Break and hold below 12600 for a move to 12440/12350/12290 #BANKNIFTY...

PowerTrades

BANKNIFTY looking for a hold of the 29130-250F areas for a rotation to test the weekly VPOC from last week at 29500F areas. Also below 29975F we are inside weekly Value zone of last week with a good potential to trace the last week's movement back in next few sessions. Idea Invalid above 29350F areas.

PowerTrades Updated 

#NIFTY Definitely leader of the pack this week. Key Support at 12720F, Hold abv that will continue to remain bullish. 1. Hold abv 12720F for a move to 12860 /13020 2. Break and hold below 12600 for a move to 12440/12350/12290 #BANKNIFTY Pretty balanced week- where the bulls and bears were leveled and closing near VPOC of the week. Will look for break and...

PowerTrades

----------- WEEKLY ANALYSIS NIFTY BANKNIFTY 09 NOV------------ #NIFTY Futures Key support areas are 12000-12050F levels. Holding below 12200 will look for test of that area. On the upside next targets zones are 12350F , If we clear that strong positional targets of 12600F are on. #BANKNIFTY - Key support areas for the week is 25800-26000F levels. On the higher...

PowerTrades

#02-NOV: Weekly plan for NIFTY & BANKNIFTY #NIFTY key reference for 11730-50F areas. #BANKNIFTY Key reference 23300-375F. #NIFTY key areas for the week are 11750F- Hold below that for a bearish view to test of 11540/11320. continued weakness for hold below 11640F areas. #BANKNIFTY Key resistance is 24300-75F areas for the current week. Failure to hold above,...

PowerTrades Updated 

#26-OCT: Weekly plan for NIFTY & BANKNIFTY #NIFTY key reference 11930-50F & 11890F areas #BANKNIFTY Key reference 24650F on upside , 24350F/24100F on downside #NIFTY key areas for the week are 11950F- Hold above for a bullish move to 12050/12100F Failure to cross 11950F , look to rotate to test 11890F, Below that is main bearish thesis to test lower to 11740F...