CFP, Equity Data Analyst, #AlgoExcel Developed, Book Reader , Admire Swami Vivekananda Ji , Modi Ji. INDIA First. Consult your FA before you act.
#Nifty spot breaks below 10730 ; Now 10700 10683 10666 are the price point where it can see some relief ; upside resistance now near 10810-10840-10890-10910-10950
Reliance spot @ 1250 ; WT1 and WS1 both Down WT1=1270 (SL for Shorts) Avoid longs for now Support near 1225-1230 area Fresh weakness will be seen below these levels
Nifty spot hurdle area on the upside now 10890-910
Nifty spot makes a new low below 10782 (earlier low ) ; 10774 todays low till now
BataIndia spot @ 1465 ; WS1 is Down ; WT1 is still UP , will turn Down below 1459 levels (sustain) ; For those who are looking to Short can stay short with SL above 1503-1525 levels ; Avoid Longs for now as script seems to be topping out until 1503-1521 levels are not cleared.
#Nifty Spot latest View as per #AlgoExcel Analysis
No Respite for Markets even after Reliance AGM announcements ; only Reliance is Positive ; Broader Market still bleeds ; No improvement in confidence seen 'Wait' is the only Action before anything comes in favour of buyers/investors Pessimism still not over
#NBCC @ 34-35 ; Good Time to add for Long term ; if corrects more than add more near 31 28 25 ; Holding period 1-3 years
#Maruti made low near 5446 and now trading near 6100-6150 ; our view remains firm ; add on the supports for long term targets of 6900-7300-7700-8100-8600-9100-9600-10100 and then review
#Maruti made low near 5645 and now trading near 6100-6150 ; our view remains firm ; add on the supports for long term targets of 6900-7300-7700-8100-8600-9100-9600-10100 and then review
#Voltas spot trading below 600 levels ; avoid longs Shorts can stay with Stop above 610 levels (sustain)
#Asianpaint @ 1529 spot , WS1 is down so avoid longs ; can stay short with swing high of 1551 ; more weakness coming below 1515 which is WT1 support , not yet broken ; but avoid longs as it is moving against the parameters. We can be your research associate.
#Nifty spot closes near 10997 ; close is above yesterday close ; not bad ; lets see how DJIA performs tonight for Monday sentiments ; Weakness only below 10980 levels ( when it trades below 10980 )
#Ashokley @ 64-65 spot ; seems like the script will find good bottom near 49-45 zone ; upside strength for now comes only when stays above 69-71 on closing basis
#Nifty spot if sustains above 11060 then expect pull back towards 11150-11170 spot area ; weakness will be seen below 10980 spot levels
#Maruti @ 5657 spot ; revival possible by FY20 Q4 (March qtr) Range to accumulate 5800-5625-5200-5050-4900-4875-4750 on the downside ; Queries Welcome
#Nifty Spot made low near 11000 spot ; closes near 11118 ; More strength shall be confirmed above 11160 spot ; weakness again shall come below 11060-11040-11000 spot levels ; keep note
#Reliance @ 1172 ; weekly oversold ; but trendline support broken ; so accumulate near 1170 1150 1130-20 1100-1090 if prices drift downwards ; on the upside it needs to close abv resi area 1200-1210 1220-25-30 ; keep watch