deepss4u

deepss4u

Important Levels for 21/10/2022. A day where we slowly moved up before the final expiry move which took the prices into the seller reference area and we did see the sellers keenness to defend those levels which can be seen by the volume in the last candle at the top. For tomorrow, if we open flat we will simply wait and watch if the sellers will take control or...

deepss4u

Important Levels for 21/10/2021. What we saw today has made one thing clear that the buyers are still in control as we witnessed the sellers being absorbed in the old buyer reference area 39932-39960. If we see a flat opening tomorrow, any small dips till 40122-40180 can be bought with SL placed at 40075 for initial targets of the seller reference from yesterday...

deepss4u

Important Levels for 20/10/2022. We opened above PDH and sustained above it for a good amount of time but buyers failed to carry forward and sellers eventually gained control. For tomorrow we will take short positions once we trade below today's low @ 17457. The immediate reference on the downside is the old buyer zone at 17285-17315. So close to 200 point move...

deepss4u

Important levels for 20/10/2022. We opened above previous day range but slowly came inside the range from yesterday and eventually closed inside yesterday's as well as today's VA. The index has been mostly volatile for last two sessions with neither the buyers nor the sellers seeing any sort of follow through. Today the sellers were largely n control but we were...

deepss4u

Important Levels for 19/10/2022. We witnessed a closing inside the VA and with immediate buyer and seller references close by, it would be wise to watch out whether we break the seller reference zone 17545-17565 or the buyer reference area of today 17458-17472. Till we rotate inside the middle of this we wont be taking any positions. Once we break below 17458, we...

deepss4u

Important Levels for 19/10/2022. We opened with a big gap and basically traded within a small range throughout the day. We closed inside the VA, and currently we are inside an NO TRADING ZONE. The low of today @ 40213 will be important for tomorrow's context. If we see a flat open and price breaks 40213, we can take short positions with SL around 40280 for initial...

deepss4u

Important levels for 18/10/2022. Despite the big Breakout if Bank Nifty, we could not break the seller reference from the last session in Nifty. Tomorrow a flat open followed by breaking 17325, we can take longs with initial targets of the old seller reference at 17390-17408. Once we sustain above it, there is a chance of price testing 17449-17473. On the short...

deepss4u

Important levels for 18/10/2022. The buyers emerged stronger and we managed to close at day's high and also well above the range we were stuck in since last two weeks. Tomorrow, if we see a flat opening we can get good trades on the long side. Any dips till 39932-39960 can be used as an opportunity to add longs. The initial target to look forward is 40045 and once...

deepss4u Updated 

Important levels for 17/10/2022. By the looks of it we are in for a gap down open.39270-39360 will be an important area to look forward. We witnessed some aggressive buying at this zone, so if we are to see an up move the buyers will come in to defend these levels. Longs if triggered here will see targets of the seller reference from last session at 39600-39680....

deepss4u

Important levels for 17/10/2022. We are most likely seeing a gap down open. We need to be patient for the first few minutes and see whether the buyers come in to defend positions or sellers gain control. For longs, i would prefer to take positions above 17225 for targets of 17285-17315 the seller zone from last session, price sustaining above it can see PDH levels...

deepss4u Updated 

Important levels for 13/10/2022. We are not seeing any definitive trend in the index with the prices not being able to break out of the bigger range. For tomorrow, if we see a flat opening, i am expecting a pullback till 17050 levels. If that happens we can take longs with a 15-20 point SL and aim for 17133 as our initial target and sustaining above it we can see...

deepss4u

Important levels for 13/10/2022. Again a close nicely just above the buyer reference has kept the index nicely poised for an interesting expiry. If we open flat and see price finding buyer support @ 39210-39240, we can take long entries for initial targets of 9447 followed by the old seller zone of 39549-39615. Like Monday's analysis price sustaining above these...

deepss4u Updated 

Important levels for 11/10/2022. After an interesting session the closing would make buyers more happier than sellers. For tomorrow a flat open and price sustaining above 17250, we can expect price to see 17312-17337 followed by the old seller reference of 17389-17408. This trade has a lower RR so initial SL cannot be more than 20 points and trailed as per...

deepss4u

Important levels for 11/10/2022. We witnessed an interesting session today and despite all negative news around our markets are having a mind of their own. A big gap down to open with and a wonderful rally till PDH and then some pullback with a close which will make the buyers happy. For tomorrow, if we open flat and move above 39266, we can take longs with a...

deepss4u Updated 

Important levels for 07/10/2022. At the beginning of the session we were wary of longs as we opened near the old seller reference area and longs were avoided but at the far end of the reference we saw rejection and got a very nice trade. For tomorrow, with VA almost equidistant from day's high and low staying light on positions can be a good idea. If we open flat...

deepss4u Updated 

Important levels for 07/10/2022. In Nifty, we can see an up move towards today's seller zone @ 17389-17409 if we see buyer's coming in to defend the buyer reference zone @ 17256-17291. But if we slide below 17256 there is a high probability of the price testing Tuesday's lows. The targets shall be 17212,17164 and 17125.

deepss4u

Important levels for 06/10/2022. The levels to look for as we are seeing a gap up is the old seller reference of 17448-17473. Will update as per the data today. looks like we are going to have a good expiry,

deepss4u

Important Levels for 06/10/2022. Last session, we saw initial momentum with heavy buying volumes towards the upside and there was nothing much post the first hour. Today we can go longs once we break PDH @ 39345 or if we get any dips till the buyer reference zone of 39168-39213. The targets o look for is at the old seller reference of 39521-39740. But if we open...