Though OI data shows 10000 as strong support i think we will drift lower sooner or later 9900 key support
the 4 hour setup gives a clear picture of sell on rise strategy
#Gold Spot $1727-$1729 Strong Resistance Trading range : $1727 - $1703 to $1694 Strategy : Sell near $1725 - $1729 SL above $1735 for targets $1704 and below staying below $1717 more weakness
Intraday 27050 in the sight........ below that 26940 very much possible................
Strategy sell between 460-470 Sl above 476 closing basis for targets 440 and below
Every rise to 1546 - 1550 will face resisrance support near 1530 / 1522
Intraday Setup for NIfty Spot ............ A Picture is worth a thoussand words ...........
Very much in Uptrend ..... 230 - 233 support zone.... 216 - 220 very strong support zone.... We can see 260 +++ very soon...
Simple set up at Bitcoin / USD - Trend : Overall Uptrend On daily seems over bought 8400 levels will act as trend line support. Below which upto 8000 levels is astrong demand zone. Upside immediate target 11200 levels... Keep watching the comments section for any updates.....
Upside hurdle @ 9200 Below 10000 weakness sips in till 9890 Below 9890 will try to fill the gao @ 9600 levels.........
Axisbank 385 Strong bounce back zone. Below that 375/368 possible... Strategy... near 375 / 368 buy 400CE
Reliance is super bullish with a small hurdle @ 1593 for targets 1608 / 1615 / 1630+ 1550-1555 will act as a support zone.......... below 1550 bulls can loose steam...............
This chart shows Bank Nifty Setup.... Sideways to downward momentum expected.............
Dr. Reddy's is showing traction on upside immediate target seems to be 4100+ Buy 4080 CE
Range bound to positive setup seen 252++ very soon
Sideways to bullish setup................ As analysed in my earlier chart below if breaks 26200 and sustains then more bull power...