Morning !
Yesterday mentioned that levels for NIFTY on downside are 7580-7530-7480. NIFTY did not breach 7580 on downside even in the last one hour sell off. Only and only if we breach 7580 the gates would open for next levels 7530 and 7480.
Today NIFTY has opened 54 points plus....on upside 7670 zone should act as resistance and post that all the levels mentioned yesterday should act as downside levels....7580-7530-7480. Only breaching them and closing below them on 30 minutes chart would get the next level one by one.
Yesterday mentioned levels for BANKNIFTY were 15530-15420-15320.....it did not break 15580 on downside....only breaching below these levels one by one. Same 30 minutes chart point applies to this as well.
Let us see how it pans out today.
Happy Trading !
Sir wat could be d next level on breakout of nifty above 7730
ReplyDeleteSir
ReplyDeleteI got heavy loss in march series
Should i carry my puts in Nezt series or change in strategy
Dharaam Gurnani: Honestly..i need to take a pause on this....and need to revisit....this is a very critical point for the markets.....would update in morning blog about strategy.
DeleteThnks and plz guide us in this touvh situation
DeleteThanks again
Sir
ReplyDeleteI got heavy loss in march series
Should i carry my puts in Nezt series or change in strategy
Thanks to my intuition at last moment, i could manage to loose only 16% of total money in puts. Rest covered using calls. No offense to Abhishek sir. He has been kind n great, and always will be. Its just a game of time. Sir I know u ll come shining in april.
ReplyDeleteThanks to my intuition at last moment, i could manage to loose only 16% of total money in puts. Rest covered using calls. No offense to Abhishek sir. He has been kind n great, and always will be. Its just a game of time. Sir I know u ll come shining in april.
ReplyDeleteSir plz reply need ur help,still holding shorts in nifty n bn.shall rollover or exit
ReplyDelete