#Niftyfuture melting after my selling alert……… From 10800 to 10650. Booked 100 points profit!!

Recommended selling alert Niftyfuture around 10790-10800 Target given 10730, 10700 and Stop-loss 10850.05

After our alert NF sustained same level almost 1-2 hours

After Reliance AGM……… NiftyFuture melted and marked a low of 10651

Achieved my all targets and booked 100 points profits per lot

Minting money!!

Updated: 02.45 pm / 15th July 2020

#BankniftyFuture noon update

BankniftyFuture were trading at 21810, marked a high of 21940 and low of 21471

Now, Bankniftyfuture is facing a intraday resistance today’s high 21940

If crossover and manages above the level, Will try to move 22100-22200

But, Stay caution at higher levels!!………

BNF considering supports 21720 and 21640 (three hrs swing low)

Thereafter bears will be dominating up to 21500 to 21330

More live market update will be sent to my clients only

Updated : 01.44 pm / 15th July 2020

15th July 2020 #NiftyFuture Intraday Levels

NiftyFuture last close: 10613.85 (-1.8%)

 Bears was dominated on entire day and NiftyFuture fell 1.80% or 195 points

Sensex dropped 660 points at 36033.

I did mention in my weekly analysis and yesterday’s post NF strong support around 10650

Below 10650…….. Will add more power to Bears. What happened on yesterday??

After broken 10650……….. Cracked up to 10553 and bounced up to 10630

US markets Wall street surged on Tuesday trading. Dow Jonnes ended with 2% gain and Nasdaq added almost 1% higher

While updating Dow Future trading at 230 points gain, Hoping Covid-19 Vaccine

Followed by Asian markets are still higher, Japan’s Nikkei at 1.50% higher, Hang Seng index climbed 0.10%

SGXNifty were trading at 10690 up 75 points

FIIs and DIIs both having shorts on index future like 56% says NSEIndia report

FIIs sold 1565 crore worth of stocks in cash segment whereas DIIs also sold 650 crore

Today all eyes on Reliance AGM……….. around 1.30 pm

SGXNifty indicate a positive opening as per global cues and likely to witness volatility will be expected during the day

Today NiftyFuture is facing a intraday resistance at 10660, 10685, 10730 and 10765

Above third and fourth resistance are hurdle for today’s trade……. Stay caution!!

Suppose if crossover and manages above the level………..Will try to check 10820, But chances are remote only.

Today NF can be considered as supports as 10605, 10575 and 10550.

Below 10550……… Expecting more pain!!

More live market update will be sent to my clients only

Updated : 08.48 am / 15th July 2020

15th July 2020 Hot Stocks and Stocks To Watch

Last close: 414.75

IGL in last one and half month not performed well and stock declined from 520 to 420

Now, chart indicates and formed bullish candle, Stock if crosses 418 and holds above

Further rally will be expected up to 425-433

Support at 400-405

Last close: 128.25

COALINDIA was seen selling pressure on last few sessions

Favored for bears…… If rise like 130-133 can do shorts

Down side supports 126 and 124 and Resistance 136

Last close: 1917

Today Reliance AGM…… Street waiting for positive commentary!!

On last AGM, Mukesh bhai was told “Before March 2021 Reliance will be in debt free company”

Now, They achieved this milestone!!

Today Mukesh Ji if delivered any positive commentary and stock will cross 2k mark easily

If not…….. Expecting profit booking!!

Watch his speech!!

Updated: 08.20 AM / 15th July 2020

14th July 2020 #NiftyFuture Intraday Levels

NiftyFuture last close: 10807.55 (+0.4%)

What a volatility day. Very tough fight was seen bulls and bears on yesterday’s trade

Finally bulls have won. Yes, NiftyFuture ended at 45 points gain

NF was opened at 10834.70 and went up to 10879.40 then bears have dominated and made a low of 10749. Then took U turn up to 10815……..Ooops!!

I have recommended two alert. First buying alert booked 40 pts profit and 2nd revised SL hit 20 pts

Reliance industries aided gains by hitting a fresh record high and surpassing the market-cap of 12 lakh crore

Bulls action was seen in Telcom, IT, Metals, Cement and FMCG stocks

Bears action was in Finance, Banks, and Power stocks

Yesterday US market Dow was opened higher level and went up to 350 points and SGXNifty also went 10880

But, US market second session seen heavy selling pressure and front line IT stocks dropped likes Microsoft, Google and Amazon.

Dow ended with marginal high of 10 points at 26085 and Nasdaq fell 226 points or 2.13% (because most of the IT stocks listing in Nasdaq)

Asian market are followed by global cues Japan’s Nikkei fell 192 points or 0.85%, Kong Hong’s Hangseng lost 390 points or 1.15%

FIIs bought little bit 222 crore worth of stocks in cash segment whereas DIIs sold 1485 cr.

SGXNifty indicates a negative opening followed by global cues

Today NiftyFuture can be considered as supports as 10770 and 10735

Once if breaks and holds 10735 Finding a next support around 10650-10665

Below 10650…….. Bears will get more power………!!

Today NF is facing a intraday resistance at 10800, 10830 and 10880

Already I did mention many times in my blog and youtube video “NF very strong resistance zone and 200DMA around 10880-10930. Stay caution”

More live market update will be sent to my clients only

Updated : 08.46 am / 14th July 2020

14th July 2020 #BankniftyFuture Intraday Views & Levels

Bankniftyfuture last close: 22174.55 (-1.2%)

BankniftyFuture was seen huge selling pressure on yesterday’s trade

BNF was opened at 22625 and went up to 22664 then slowly melted and made a low of 22028. Finally settled at 22174.55

Do you know ? Yesterday I did mention in my blog BNF support at 22000

All front line bank stocks seen selling pressure

Hdfcbank fell 2.25%, Icicibank lost 1.8%, Kotakbank and SBIN fell 1.5%. Axisbank ended at marginal high 0.1%

Something cooking in HDFCBank in last few sessions. Stock fell 50 rupees from recent high

As per global cues and SGXNifty indicates in negative opening, Hence the Bank index also will open negative.

Technical chart shows, Banknifty index formed bearish candle and trend line also broken.

Today BNF can be considered as supports as 22000, 21820 and 21700

Once if breaks and consolidate below 21700, Expecting further weakness up to 21500

Today BNF is facing a intraday resistance at 22275, 22360 and 22550

Once if rise can sell likes resistance zone!!

More live market update will be sent to my clients only

Updated: 08.26 AM / 14th July 2020