Bank Nifty Open: 31923.50 High: 31923.95 Close: 31080.65 What a day! Expected market to react strongly to HDFCBANK result but this was big! Markets are expected to stay volatile .. Trade with caution! Support @ 31050 next @ 30900 Resistance @ 31300 next @ 31450 Posts are not recommendations!
Market will see high volatility due to a slew of results scheduled to come out this week. Caution advised... Tomorrow market will react to HDFCBANK result. Support @ 31430 - 31450 Resistance @ 31710 -31735 Posts are not recommendations!
Good Support @ 12285 -12290 Resistance @ 12384 Market will see high volatility due to a slew of results scheduled to come out this week. Caution advised... Tomorrow market will react to HDFCBANK and Reliance results. Posts are not recommendations!
HDFC Bank announced Q3 results on Saturday beating the street expectations but provisions rose considerably to 37.6% Lets see how the market reacts to the same. Support @ 1260 - 1265 Resistance @ 1288 Posts are not recommendations!
BankNifty remained weaker than Nifty overall today .. and went below first Support and briefly breached Second Support @ 31700 Market rebounded at close in hopes of a positive news coming from the 'phase one' US-China deal.. Tomorrow will depend totally on the deal confirmation + verbatim... a weak Phase one deal or a one with too many riders might just...
Held the Support @ 12290 (Low @ 12278) pretty well.. Market rebounded at close in hopes of a positive news coming from the 'phase one' US-China deal.. Tomorrow will depend totally on the deal confirmation + verbatim... a weak Phase one deal or a one with too many riders might just take the steam off the markets.. Support @ 12280 - 12290 Resistance @ 12410...
New ATH in the secong straight session !! Expecting market to stay range bound even correct due to lack of a positive news ... The US-China phase one signing can be a positive sign which shall push this further up... Support @ 12290 - 12300 (Moving up) Resistance @ 12410 - 12415 Posts are not recommendations!!
Expecting market to stay range bound even correct due to lack of a positive news ... The US-China phase one signing can be a positive sign which shall push this further up... Support @ 31910 - 31950 Resistance @ 32175 - 32200 Posts are not recommendations!
Another day Another ATH ... Caution bells ... Retail Inflation breaches RBI's upper end target @ 7.35% Stick to cautious trading Support @ 31910 - 31950 Resistance @ 32320 - 32340 Posts are not recommendations!
Another day Another ATH ... Caution bells ... Retail Inflation breaches RBI's upper end target @ 7.35% Stick to cautious trading Support @ 12200 - 12210 Resistance @ 12340 - 12350 Posts are not recommendations!
Volatile times ahead!! December quarter earnings > US-China trade deal > US-Iran developments ... all plays a role. Caution advised with trades ... one news will take this above Resistance and another can break all Support.. In the mean time Support @ 12150 - 12135 Resistance @ 12295 - 12315 Posts are not recommendations!
Volatile times ahead!! December quarter earnings > US-China trade deal > US-Iran developments ... all plays a role. Caution advised with trades ... one news will take this above Resistance and another can break all Support.. In the mean time Support @ 31910 - 31950 Resistance @ 32320 - 32340 Posts are not recommendations!
Was expected to open higher but this just went berserk.. Anyway, it all seems good right now ... Dow hits all time high.. US-China deal seems to be on track ...again we are at dangerously high level ... a healthy correction is due before the Big B (Budget) Support @ 12150 Resistance @ 12285 - 12290 (ATH) Posts are not recommendations!
Was expected to open higher but this just went berserk.. Anyway, it all seems good right now ... Dow hits all time high.. US-China deal seems to be on track ...again we are at dangerously high level ... a healthy correction is due before the Big B (Budget) Support @ 31850 - 31900 Resistance @ 32250 Posts are not recommendations!
Should open positive tomorrow ... given muted comments by Trump ... this should open well above 31600 Resistance @ 31550 Next @ 31700 Support @ 31200 Next @ 31050 Posts are not recommendations!
Good Support @ 11920 - 11930 Resistance @ 12085 Crude oil fell drastically after Trumps comment on Iran... Dow up.. Open positive hopefully! Posts are not recommendations!
USD recovered much after RBI intervention; also crude prices cooled off considerably after the EIA ... Waiting for Trump's comments on Iran .. Till then 71.42 - 71.46 remains an important support! Posts are not recommendations!
Cooling crude oil prices should help USD recover a bit ... US - Iran tensions remain ... stay cautious Support @ 71.70 Resistance @ 71.95 Posts are not recommendations!