prasoon7007

prasoon7007

Hi Traders, following is my idea of tomorrows expiry, please stay tuned for a updated chart post 9:30 am with new levels as per market moves. Stay light in quantity and trade on levels only.

prasoon7007

Hi Traders, Please mark important levels for nifty, today being expiry 18620-18660 levels are crucial if 18620 broken we can see a swift move 60-70 points on down side. Trade on upside is restricted but dip till 18500-550 becomes a good buying zone.

prasoon7007

Hi Traders, Important levels indicating Support & Resistance in bank nifty. 44000 is on cards in coming dayss...

prasoon7007

Hi Traders, Please mark and follow important levels for this week expiry .

prasoon7007

Hi Traders, I hope you all liked presentation on S & R zone for nifty and bank nifty posted yesterday as market respected our levels and took reversal from our marked levels on both sides. Presenting View on Fin Nifty ( please note these are not trade recommendations). Fin nifty looks mildly weak with 19320-340 levels acting as resistance if market breaks...

prasoon7007

Hi Traders, Presenting my view with S & R zone in bank nifty. Of the two (ie Nifty & Bank Nifty ) the latter looks more strong and could lead to big moves in coming session if there are no external factors with every major bank close to year high and having consolidated at lower levels for considerable time. Current levels of 43550-43630/640 can act as...

prasoon7007

Dear Traders, Here is my view on Nifty with Support & Resistance Zones marked on nifty chart. Nifty has immediate support @ 18400-420 levels and big support at 18300 levels. Nifty fall on Friday took support at 18400 levels and it will be crucial level for coming expiry. On up side the 18500 levels will act as immediate resistance if 18500-530 levels are...

prasoon7007

Hi Traders. Fin Nifty expiry can be largely sponsored by HDFC and its group entities as they have large % contribution. Pattern : Descending Triangle pattern with index making lower highs and forming base at 18900 levels around, good trade only if fin nifty breaks the level of 18950 and above as it would mean structure breakout along with besides pattern...

prasoon7007

Hi Traders, View on Nifty Outlook: Nifty has been range bound mostly during day with only movements coming in last hour. As indicated above mentioned levels play as support and resistance during trading with levels of 18200-250 acting as zone of congestion to slowly emerging as resistance. Any big move in Nifty will come only above 18320 if nifty sustains...

prasoon7007

Hi Traders, In previous attempts Bank Nifty has reversed from the mentioned range 3 times, if long from 42000-42200 levels profit booking can be seen on those levels. Furthur upper side possible only if BN sustains in 42625+ range for more than 15-20mints on 5mint chart. Yellow Zone:Congestion zone, Option Chain Analysis gives us idea that range between...

prasoon7007

Hi Traders, Presenting my idea on nifty important level to be watched out for tomorrow expiry. Don't sit too long on any position as on day of expiry markets can be volatile and lot of premium decay happens.

prasoon7007

Hi Traders, Presenting my view for Bank Nifty for tomorrow. Watch out for critical levels.

prasoon7007

Hi Traders, Presenting my views on Axis Bank. The sudden up rally on 20th Oct propelled stock from 839 levels to 870-900 levels to create all time highs, but past few week have seen stock come back to levels of 840-860 to fill the gap as one can see in chart. With breakout of Inside Bar and stock trading above 855-860 levels in coming days can gather the lost...

prasoon7007

Hi Traders, I hope everyone is doing well and making smart investment choices. Presenting you chart of IND HOTEL which in recent days is getting hammering, but use every dip as a golden buying opportunity. Chart has a double top pattern known as "M" pattern with lows of 305 being critical levels. once 305 is broken you can short stock in Intraday but for long...

prasoon7007

Hi Trader Friends, Prensenting my views on Naukri.com . Consolidation phase in Naukri seems to be over as stock readies itself for big upside. Inverted Head & Shoulder pattern formation on daily time frame with good volumes in delivery. Looks good to go loooong.