Cholamandalam finance Retesting its Break Out Level & near to 200 EMA . Expecting to bounce from the current levels.
Bandhan Bank @ important Buying Zone and Trend Line Support.
Nifty is @ yesterday range and expected to continue Side Ways. Sentiment is bullish 15800 Put writers added 90k Contract from morning.
Nifty formed morning pattern on 15 mins chart showing a strength if it trades above 15600 to 15630 for 1hr we will see bounce.
Tata Motors @ good support level on daily chart any reversal candle on hourly chart today or tomorrow looking for swing trade.
Keep a Eye on IOC if it comes to level 103.50 if any reversal candle. its a good stock buy in Futures in next week.
Bank Nifty is @ Place where taking trade is little difficult . We can look for buy only if it crosses 35350 levels. Keep a close Eye on ICICI bank tomorrow before taking any trade in Bank Nifty. The move on Bank Nifty on Friday was because of ICICI. Avoid a trade tomorrow if it is possible.
Nifty Respecting the channel on 15 Mins. Expected to touch the channel upper boundary once more tomorrow. Nifty is strong comparing to bank nifty.
ICICI @ Important Levels the chance of the bigger move or breaking and trading above the current level is less & dought full. Any Bigger Time frame spread and volume is not matching. Low Volume. Option chain suggest more calls then puts.
Nifty and Bank Nifty @ Important Levels. Expected not to break and trade above 15900 & 35000 at least for today. 15900 Strick has more then 95k open contracts & 35000 strick has more then 77k open contract.
Infy @ important Level After a Range for more then month and at the same time Nifty also.
Today Opened a Days With a huge Gap Up Above PDH. First 15 Mins was a Hammer. Gave a Break out of selling Zone with a Strong Bullish Candle. Moved to next selling Zone took Pressure and came to Break Out selling Zone which acted as a Support zone and took Support formed a Bullish engulfing. Closed a Day near the Selling Zone. Today was a good Price action Day...
Nifty has formed a Bullish abandoned baby on the daily time frame. Nifty likely to head higher towards New All time High in next week.
Nifty - Huge Gap UP May go into the range bound between PDH & Selling Zone and give the move 2nd half of the day.
Nifty - Will Bounce from here and fill the opening Gap Today and close above 15725.
Bank Nifty -Expected to bounce from this levels soon in the day. Bank Nifty is below 550 points from 35000 but there are 45k Put writers still active and call writers are NOT shifting there level of resistance to below strike prices. I still dought the move in the morning. If there in no move in the day towards UP side and still put writers on 35000 strick is...