Technical Summary (right click n reload frame if data dnt update)


This Technical Analysis is powered by Investing.com

Saturday, May 6, 2017

8May2017 #nifty #banknifty Time Movement for study purpose only

Om Namo Narayana!!

For STUDY PURPOSE

*Friends last week we saw some days good some rangebound n nifty is moving in 1% means 90pts in week so day traders tough time mix match stocks moves.. n stressfull fno ... earning season n slowly holidays time .. n midcap rallies...*

*Now coming days mkt movement is tight range so either hv eq based positional strategies .. or quick hit n run with less waiting time*

On friday expected 9290 n bn puts played some eq moving except tatamotor as result is after expiry

Banknifty hot bt this week at 95 ..nifty 9300ce positional on friday taken.. 9267 lower TL is holding n below it gap zone n 20day avg.. so in steps to buy was said..n no big price expectation bt 20-40% r good to play

May8 open flat after open little volatile... 9267/45/30 sup any level... 22566 near good with 40/50pt risk for day..

09:16 to 10:20  upside 9311 -

10:21 to 11:24  auto steel stocks little up
11:25 to 12:29  power n pharma stock some strength
12:30 to 13:34  banknifty to move 50-75 pt up nifty 20-25pt
13:35 to 14:38  arvind can watch some upmove .. n nifty
14:39 to 15:43  range bound phase with some +ve momentum to hold ..

9313 abv staying to take 9350.. so 9300 ce hit n run ...

Other stocks sbi to find sup 290 spot zones.. tatamotors 417fut level sup.. acc breaking up as acc ambuja news... french election will take higher.. snp500 friday close good nxt week new high...

Thursday, May 4, 2017

4May2017 #banknifty exp Time movement

Om Namo Narayana
Ysday n daybe4 ysday rock..

*Mkt is dull n momentum is slow .. so fast enter n exit mode for day players*

*Index option open int in range of 100pt nifty n 300pt banknifty*

* we saw banknifty 22500near 2-3times played put n down till 22240spot*

Now icicibank result good n adr up so it will give strength to banknifty since open

*Open to 09:16 steel n auto stocks opening +ve banknifty good 22444-500*

*09:17 to 11.25 nifty bn to rise with rising sun till 11.25  nifty may try 9336-54 banknifty if in open abv 22444 then will move for 22500/590 if already there then 22630  time is good bt icicibnk can give strength since open*

*11:26 to 12:30 Momentum slows down 50-90pt banknifty*

*12:31 to 2.33 rangebound 50-100 /150pt correction  bn *
After 2.40 50-80pt banknifty move up with expiry moves *

So in open can play bn buy in 25may22500ce till 11.30 then afternoon last hr

FOR STUDY PURPOSE
Use link above amazon to buy goods for urself those who earned profit earn n spend