Charts for the Day

[anil_s_trivedi]

One thing i got immense respect to BSE is for this one...

 

[anil_s_trivedi]

Nifty update:

Nifty opened gap down, and trying to hold morning lows. But nothing much altered in these two hours. Expect resistance at 7930-35 zone. Infact i would like to short there with 10 points SL near to 7945 or above.

Expiry volatility will be there. So trade with Stoploss...

We are here to make money, and not to prove right or wrong...

 

[anil_s_trivedi]

 

[anil_s_trivedi]

Nifty update:

Closing above 7920 positive for bulls. A sideways marked if closes below 7920 and above 7890 region. Implying lack of bears pressure to put it down.

Hourly still down will be set in buy mode if closes above 7915-20 region.

I lower hourly S/R levels, with time passing by and if volatility is normal one. As large volatility keep me on toes and implies keep the original levels intact.

For downside my expectation would be closing below 7890 zone, but it seems to be lacking it that fire...

 

[anilnegi]

Anil ji

It would be great if you could start a new thread for stock specific only, it will be helpful for trader like me to ask & learn from you in that section, only if you have spares time

thanks

anil negi

 

[anilnegi]

Anil ji

Your views pls on jain irrigation around 61.8 retracement of previous high

anil negi

 

[anil_s_trivedi]

Bank Nifty update:

On daily charts yesterdays bar is a fight bar attempt and it did have success on it. More upsides on daily above 15735 levels only.

Looking at hourly charts, -ve divergence which is seen at top, have its effect and prices got corrected till support zone of 15500.

On Hourly charts, i would like to see closing above 15650 yesterdays last hour bar, to have a sign of strength continuation.

So levels to watch for are, 15675 / 15735 on upsides
And 15590 / 15550 on downsides.

Strength above and weakness below these levels.

 

[timepass]

Bank Nifty update:

On daily charts yesterdays bar is a fight bar attempt and it did have success on it. More upsides on daily above 15735 levels only.

Looking at hourly charts, -ve divergence which is seen at top, have its effect and prices got corrected till support zone of 15500.

On Hourly charts, i would like to see closing above 15650 yesterdays last hour bar, to have a sign of strength continuation.

So levels to watch for are, 15675 / 15735 on upsides
And 15590 / 15550 on downsides.

Strength above and weakness below these levels.

15735 breached.. buy or sell ?

 

[marimuthu13]

15735 breached.. buy or sell ?

sir..he says breaching above is strangth thats BUY...

 

[timepass]

sir..he says breaching above is strangth thats BUY...

Not sustaining.