NSE:NMDC
- Script sees a breach of Monthly Bearish GPZ alongside Quarterly Bearish GPZ making it a "HOT PIVOT LEVEL" to keep on radar!
- Money Zones are marked alongside in 3 different shades as per the analysis from FUNDFLUX .
- This "Pivot & Price" action is been seen as iron ore prices have rebounded after 2weeks of down-fall and are further expected to...
Hey Pivster's
Here, I have tried to demonstrate how you can use the money flow in the market to map the script alongside its basic price action which eventually leads us to some interesting zones in the journey which are being classified as the 'buyers' or 'sellers' zone depending upon the situation of the price and money flow statistics present at that very...
Nifty is more neutral to Bullish
BankNIFTY is neutral for now. Not Bearish till S1 breaks.
Expect market to hug CPR and range between R1 and S1 for most of the days this expiry.
Expect VPOC to provide resistance for both BankNIFty and NIFTY in the coming days and move the markets above R1 and R2.
Not Bearish at this point in time.
Strong sentiments and momentum seen in line wiht the tight CPR range.
Wide CPR range indicates further upmove may be bit muted despite breaking All time highs..
Some sideways moves possible like the day's intraday moves..
Strong support at day's low indicates there is still considerable steam left
This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup.
Today as expected and posted in yesterday's analysis Nifty opened Gap up and even tried to sustain the gap but failed as price action went flat for whole day and at close when i checked it rejected today's highs.
For tomorrow i will trade keeping...
Expect some steam to be left off and consolidate sideways before testing R2 on CPR.
Chances of trade between R1 and CPR levels seen more favorable given the broad CPR spacing on Weekly TF.
Sideways to bullish trend seen on the chart for Monthly Expiry
Expiry means caution in position sizing
Watch out for swings intraday at 10.30-11.00, 12.15, 1.30 and 2.30. Likely to get volatile with gamma moves after 1.30pm
CPR Weekly and behavior above BC towards R1 is what I will keenly watching.
Overnight SGX move bodes well for NIFTY. However NIFTY and...
BankNIFTY has taken support at Monthly S1 and trading within range at Weekly S2. Break above 39500 today will take it to 40000 over the next 1/2 days. 500 move up likely from Support. Break down below Monthly S1 at 39160 will take the market down to 38650. To me the Expiry is likely to be within this range. We will wait and see and what happens next..
expect short term range likely bwtween L3 and H3. expect more upside with a break of H4. expect some downside with break of purple levels and L4. These are daily camarilla pivots. if the range stays true the next days range will change and be more narrow.
Here we have weekly and monthly camarilla pivots. I see this as a risky area for a long. Also a short. One one hand we could drop down to monthly L3 and pivot if this area does not hold. However it is weekly L3 but with both sides of weekly range being tested already... it could hold or break just as likely in my opinion. if it does hold and bounce I would look...
just relaxed traders if the market stays in the prior day's range just chill and sell otm money options and wait for them to become 0 at the end,
remember folks you don't have to trade daily to make money in the stock market.
best of luck to the expiry traders.
Zydus Life-science at important level of resistance,
the stock took support from historical support zone and has consolidated the down fall with a good stretch of time. It has gone through a good accumulation and has made a good support base.
now the stock has positioned itself to an up move after making series of higher lows from support zone.
the stock has...
