09th July 2020 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 22610.75

Bankniftyfuture was seen huge volatility on yesterday’s trade

Yesterday up to 2.30 pm was seen healthy market and gradually increased index

After 2.30 pm………. Bears have an upper hand and BNF cracked from intraday’s high 23118 to 22532.85

Almost 600 points fell within 15-30 minutes……..!! But I have expected that much of fall

Icicibank, Kotakbank and Axisbank was seen profit booking

HDFCBANK and SBIN has closed at in green zone

09th July 2020 Hot Stocks & Stocks To Watch

Last close: 432.40

TATACONSUM shot-up from 390 to 435 in last 5 sessions

Favored for bulls, If decline can buy likes 425-430

Facing a resistance 440 and 446

Support at 420

Last close: 801.90

AUROPHARMA has bounced from recent 20 days supports

Stock trading range between 760-820

Now watch if breaks and holds above recent top will move further rally

Last close: 2719.20

HEROMOTOCO was seen in last two sessions looks tired and did not well

Now, Stock once if breaks and holds below the level

Expecting further weakness………. Which level will break ?

Will send to my clients during market hours!!

Updated : 08.19 am / 09th July 2020

#NiftyFuture noon update

 

While updating NiftyFuture were trading @ 10760. Marked a high of 10817 and low of 10736.95

Asian market were ended mixed.  Japan’s Nikkei dropped 175 points(0.78%), Australia ASX down 92 points (-1.54%) and Hong Kongs’s Hang Seng added 138 points (+0.54%)

Dow future trading around flattish note at 25875 and down 27 points.

Now, NiftyFuture is facing a intraday resistance at 10800-10835

If crossover and holds above 10835……. Finding a next very strong resistance and 200 DMA around 10880-10920

(Overall NF if breaks and closes above 10900……….. Ultimate Target 11100-11200)

Today NF considering a supports 10740, 10705 and 10650

Below 10650………. Expecting bears action up to ?

More live market update will be sent to my clients only

Updated : 12.33 pm / 08th July 2020

 

08th July 2020 #NiftyFuture Intraday Levels

 

NiftyFuture last close: 10766.65

Yesterday NF was seen little week in first half and second half erased all loss and gained.

In last 6 sessions bulls was shows his power and climbed almost 600 points

NF was opened at 10761 then slipped up to 10657.70 again went up to 10784.70

Banking and Finance stocks (icicibank, Axisbank, Indusindbank, Bajfinance) helped to index

Reliance and ITC was seen profit booking on yesterday’s trade

US markets was closed lower, Don Jones fell 396 points, S&P500 dropped 34 points and Nasdaq lost 90 points at 10343.89

Asian market were set for a mixed trend

Japan’s Nikkei gained 0.15%, Hong Kong’s Hang Seng index added 0.40%

FIIs bought 829 crore worth of stocks in cash segment whereas DIIs sold 784 cr

FIIs sold around 408 Crore in Index Future

As per NSE data, FIIs long 53% and DIIs shorts 58% in Index Future.

Today NiftyFuture supports and resistance levels

Where to enter and exit will be sent to my clients during market hours

Today’s supports and resistance level will be  post in my twitter

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Noon update will post around 12.30 pm……… Be patient

Updated : 08.45 am / 08th July 2020

 

08th July 2020 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 22603.30 (+1.7%)

Last Thursday, Friday and Monday BankniftyFuture was under performed and Nifty performed well

Yesterday BNF was under performed up to 12 pm…… After noon index spiked up to 650 points.

Morning I given selling alert BNF at 22100 then exited at cost.

Icicibank gained 4%, Indusindbank added 6%, Axisbank spiked 3% and Bandhanbank gained 10%  was most contributed stocks to Bank index climbed.

HDFCbank marginally higher

BNF has formed bullish candle and closes above the recent top

Today BankniftyFuture is facing a intraday resistance at 22730, 22800 and 22960

Once if breaks and holds above 22960…….. Expecting more rally up to 23200

Today BNF can be considering a supports 22540, 22480 and 22400

If breaks and manages below 22400…….. Finding a next support around 22230 and 22000

Every decline can buy with a stop of supports

More live market update will be sent to my clients only

Updated : 08.29 AM / 08th July 2020

08th July 2020 Hot Stocks & Stocks To Watch

Last close: 204.15 (+11.6%)

Yesterday I did mention in my blog with chart “M&MFin breakout @ 190″

(I recommended in cash segment and option segment. 195CE bought 15 and sold 20)

Stock spiked up to 13% and made a high of 208.20. Again looks very hot

Can buy decline……. Resistance at 210 and 215

Supports 195 and 190

Last close: 162.65 (+0.6%)

MANAPPURAM stock finding a trend line resistance around 162.50-163.50

Stock if holds above 163.50……. Expecting bulls action up to 168 and 170

Once if breaks 163.50 keep a intraday stop is 159.95

Last close: 3823.50

DRREDDY broken strong support 3880 and dropped up to 3820

If rise likes 3860-3900 can sell and expecting down side supports 3800, 3770

Above 3950….. avoid shorts!!

Last close: 478.55

DABUR after long time came bull’s list

Today once if breaks and holds above the level

Expecting more rally

Which level will break ? Will send alert to my clients only during market hrs.

Updated : 08.00 am / 08th July 2020