Upcoming Important Results On Nov 1st Week
Updated: 10.31 am / 31st Oct 2020
Updated: 10.31 am / 31st Oct 2020
Updated : 07.09 pm / 30th Oct 2020
Recommended selling alert NiftyFuture around 11645-11655 Target 11575 11550 SL 11700
After my alert……. index slipped and marked a low of 11530.10
Sent alert to my clients book full profit at 11565
Booked 80 points profits in single alert!!
Minting Money…………………… Nothing else
Updated: 12.37 pm / 30th Oct 2020
Dow Future more than 500 points down
Europe market will open 1% to 2% lower#NiftyFuture erased morning gain and loss 55 points
Reason : US reported 83757 daily new Corona virus infection cases on Thursday, the highest single day reporting since the pandemic began in Jan
— ARJUN-Investment Advisor (@flyingcalls) October 30, 2020
NiftyFuture Oct last close: 11668.75
Nov last close: 11667.90
NiftyFuture fell further on Oct expiry…… traders worried about global cues
Sensex declined 170 points and Nifty fell 58 points
NiftyFuture was opened 11630 and went up to 11741 again slipped 11597 then shot up to 11668.75. Index was seen huge volatile
US markets recovered on yesterday’s loss
Dow Jones gained 139 points, Nasdaq shot up to 180 points and S&P500 added 40 points
But, While updating Dow Future down more than 200 points
US reported 83757 daily new Corona virus infection cases on Thursday, the highest single day reporting since the pandemic began in Jan
Asian markets were set to lower on Friday
FIIs sold 420 crore and DIIs sold 253 crore worth of stocks in cash segment
SGXNifty indicate a negative opening for the index and likely to witness volatile trade will be expected during the day
Today NiftyFuture is facing a intraday resistance at 11695, 11720 and 11755
If rise can sell………….. Suppose if crossover 11755 and holds above will try to check 11810+
Today NF considering a support at 11640, 11620 and 11580
Below 11580…………… More pain up to 11540
More live market update will be sent to my clients only
Updated: 07.03 am / 30th Oct 2020
BankniftyFuture Oct last close: 24080.95
Nov last close: 24090.80
What a terrific Thursday…….. BankniftyFuture was fell just 120 points only but the volatility was very huge
Like index was opened at 24000 then slide 23870 again went up to 24340 then dropped 23791………. Again went to 24100………..Ooops!
I think…… the main reason of the volatility based on option open interest
Axisbank fell 2.2%, Hdfcbank slipped 1.85% and Indusindbank fell 0.8%
Icicibank and Kotakbank was top gainer in bank index
On Oct series BankniftyFuture was made a low of 20431 on the first day of Oct series and made a high of 24880 on 21st Oct. Almost index gained 4400 points bottom to top.
In November series……….. What will happen ? One big event is “US President Election”
Let’s see today’s technical level
BankniftyFuture is facing a intraday resistance at 24230 and 24375
If crossover and manages above 24375…….. Then will move 24550
But………… Stay caution at higher levels. There is no strength at higher levels in last 10 days
Today BNF considering a supports 23950 and 23800
Below 23800………… Expecting more weakness!!
More live market update will be sent to my clients only
Updated: 06.52 am / 30th Oct 2020
Last close: 934.50
LT has declined 4.9% on yesterday after the weak earnings report
Favored for bears…… Stock if rise likes 940-955 can sell
Down side supports 908 and 900
Last close: 2026.90
RELIANCE were set to declare earnings report on today post market hours
The impact will see on Monday………. But, Already I have bearish on this at 2165 on 19th Oct
Now, Stock finding a three month support at 2000 if holds above the level…… no problem
If all is well……….. Will retest 2100 to 2150
Suppose if not well……….will test 1870 and 1700 for positional
Last close: 454.95
BHARATFORG finding a trend line support around 440
Can buy at declines and keep a stop of 440 closing basis
Expecting rally up to 465-475
Stock finding a trend line resistance at 336
If crossover and manages above the level
Rally will be expected…………. Which stock ?? Guess
Updated: 06.37 am / 30th Oct 2020
Last Update: 08.03 pm / 29th Oct 2020
While updating NiftyFuture were trading at 11665, Marked a high of 11703 and low of 11605
Index opened at 11630 and marked a low 11605.55 then went up to 11703 again slipped and trading around 11660 at 10.43 am
Huge open interest seems 11800CE, 11600PE and 11500PE
NiftyFuture is facing a intraday resistance 11700 if stays above the level short covering will be expected up to 11740 and 11780
NF considering a supports 11655 and 11610
Below 11610 and manages below the level………. Finding a next support around 11575 and 11550
More live market update will be sent to my clients only
Updated: 10.48 am / 29th Oct 2020