Morning !
First Day of April Expiry, i wish everyone a profitable month.
As mentioned yesterday that as per the NIFTY CHANNEL in one of my post on 25th March, the last resort for NIFTY remains below 7830.
Looking at SGX we are getting queues that we may open gap down around 25-40 points. Critical level for downside is 7680....breaking it on 30 minute chart would create sudden panic towards 7625-7580 zone.
BANKNIFTY too looks to open a bit gap down in correspondence with NIFTY. Critical level for downside is 16050...breaking it on 30 minute chart would create sudden panic towards 15950 and 15800.
Happy Trading !
First Day of April Expiry, i wish everyone a profitable month.
As mentioned yesterday that as per the NIFTY CHANNEL in one of my post on 25th March, the last resort for NIFTY remains below 7830.
Looking at SGX we are getting queues that we may open gap down around 25-40 points. Critical level for downside is 7680....breaking it on 30 minute chart would create sudden panic towards 7625-7580 zone.
BANKNIFTY too looks to open a bit gap down in correspondence with NIFTY. Critical level for downside is 16050...breaking it on 30 minute chart would create sudden panic towards 15950 and 15800.
Happy Trading !
Sir any upper level from where nifty can be shorted for good 200-250 points gain
ReplyDeleteSir any upper level from where nifty can be shorted for good 200-250 points gain
ReplyDeleteNeeraj: Please do refer to the NIFTY CHANNEL blog, as per that the channel ends on upside at 7830. Please keep in mind while shorting from here,however,i personally am trading into stocks on downside,stepping aside from both NIFTY and BANKNIFTY for the time being till the time i don't see a significant reversal for them.
DeleteHi abhi i shoted tata motors @ 372 is it fine pls do reply and acc at 1398..
ReplyDeleteHi abhi i shoted tata motors @ 372 is it fine pls do reply and acc at 1398..
ReplyDeleteBRIJESH PATEL: Yes TATAMOTORS short at 372 is ok...hold on for 350...for ACC i don't track so cannot comment.
DeleteSir holding bn short @15200 n nifty 7480.ur views now ???after today's close.i didn't exited n intact rolled over my position.any chances,can I c my shorted rates.thanx
ReplyDeleteNeet: Yes both levels would be soon in front of your screen....just hold on to them even if you see that you are in deep profit....when you have seen pain....then you definitely deserve gain.....would let you know when to exit.
DeleteOk sir will b holding both den.thanx for d reply,but plz don't forgt to update wen to exit
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