NSE NIFTY1
TREND : Without any questions the trend is down and Nifty1 should touch 5370 in the next couple of days. But in today's trade gives signs of the fall arresting. 5518 - 5580 will act as resistance 5430 will act as a minor support.
SIGNAL : Both buy and sell signals of TDI - BS can be used for the day to make profits. Sell side trades should be done only for quick profits.
NSE BANKNIFTY1
TREND : At this momentum we feel 10000 is not far, but bears be cautions a pull back till 11000-11100 cannot be ruled out. 10700 where Banknifty1 closed yesterday in its self is a very strong support. Even if they take out 10700 in the morning trade, we advise our clients not to go short or long in the first 30 mins, let market decide its move before we jump in
SIGNAL : Both buy and sell signals of TDI - BS can be used for the day to make profits. Sell side trades should be done only for quick profits.
NSE CNXIT1
TREND : I am not a Bear advocate or announcing the Death Knell, but charts as they are appearing do not seem Bullish in any manner at this stage. Infact if CNXIT1 closes below 6500 for 2-3 consecutive days. The chart pattern target suggests a fall till 5500. So what will happen to the price of Infosys, Wipro or TCS. Lets not short the IT pack at this stage but yes IT should be on our monitor list and there is a big profitable opportunity. We will keep sharing in our blog as and when the events unfold. For today 6450 - 6000 will be the range
SIGNAL : Both buy and sell signals of TDI - BS can be used for the day to make profits. Sell side trades should be taken only below 6450.
TREND : Without any questions the trend is down and Nifty1 should touch 5370 in the next couple of days. But in today's trade gives signs of the fall arresting. 5518 - 5580 will act as resistance 5430 will act as a minor support.
SIGNAL : Both buy and sell signals of TDI - BS can be used for the day to make profits. Sell side trades should be done only for quick profits.
NSE BANKNIFTY1
TREND : At this momentum we feel 10000 is not far, but bears be cautions a pull back till 11000-11100 cannot be ruled out. 10700 where Banknifty1 closed yesterday in its self is a very strong support. Even if they take out 10700 in the morning trade, we advise our clients not to go short or long in the first 30 mins, let market decide its move before we jump in
SIGNAL : Both buy and sell signals of TDI - BS can be used for the day to make profits. Sell side trades should be done only for quick profits.
TREND : I am not a Bear advocate or announcing the Death Knell, but charts as they are appearing do not seem Bullish in any manner at this stage. Infact if CNXIT1 closes below 6500 for 2-3 consecutive days. The chart pattern target suggests a fall till 5500. So what will happen to the price of Infosys, Wipro or TCS. Lets not short the IT pack at this stage but yes IT should be on our monitor list and there is a big profitable opportunity. We will keep sharing in our blog as and when the events unfold. For today 6450 - 6000 will be the range
SIGNAL : Both buy and sell signals of TDI - BS can be used for the day to make profits. Sell side trades should be taken only below 6450.
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