Hi Good Morning as per the view i have given you yesterday that i like the closing and what happens in the closing session why we fall and the behavior of the dows so yesterday i also wrote that carry the longs will the the momentum tomorrow and we see the US markets gives the up move of 2 % and specially the Nasdaq and it is directly connected with our CNXIT so it looks good and we have to see the it stocks as i am mentioning from 5 days
If we talk about nifty the we have a gap up of around 200++ points so exit the long in the first move and then if we get a dip then will enter future the range of nifty is 16771-16825 is the base range bounce may come from this level and the 17025-17111 is the resistance the another resistance is 17139.15 and then 17250 will limit the up move as per the yesterday closing data
If we talk about the bank nifty the range is also the same as yesterday the buy on dips is advisable we may have a huge gap up on bank nifty and the CNXIT 37500 to 38800 is the big range of bank nifty
IT and FMCG looks good along the banks and some i will highlighted in the market time stay follow me for that
THE INFY HCL USL AXIS ICICI are preferred pics
Disclaimer -- I may have some positions in some of highlighted stocks and this is only study for understanding purposed of the data and the patterns I am not saying anyone to buy any of these picks discussed here i am not SEBI Registered
If we talk about nifty the we have a gap up of around 200++ points so exit the long in the first move and then if we get a dip then will enter future the range of nifty is 16771-16825 is the base range bounce may come from this level and the 17025-17111 is the resistance the another resistance is 17139.15 and then 17250 will limit the up move as per the yesterday closing data
If we talk about the bank nifty the range is also the same as yesterday the buy on dips is advisable we may have a huge gap up on bank nifty and the CNXIT 37500 to 38800 is the big range of bank nifty
IT and FMCG looks good along the banks and some i will highlighted in the market time stay follow me for that
THE INFY HCL USL AXIS ICICI are preferred pics
Disclaimer -- I may have some positions in some of highlighted stocks and this is only study for understanding purposed of the data and the patterns I am not saying anyone to buy any of these picks discussed here i am not SEBI Registered
코멘트:
see the banks bank nifty the AXIS Bank ICICIBANK all are up by 1% this is data reading and the convection
코멘트:
nifty is down near the support bounce may come any time
코멘트:
if we go above 17025 and sustain above that then you can't even imagine the huge round of short covering and we see 17200++ levels
코멘트:
now the defined range of expire is 16775 to 16875
