My Picks

[padiyaraa]

Jet Airways At 538 is currently at trend line support level can go to 620 level resistance 553_570 & 605
It seem like an ABCDE completed, and on break from the triangle it find new high.

Aviation stocks are generally considered wretched

 

[padiyaraa]

Nifty 8629.15

Resistance: 8634_8655
Supports: 8586_8560_8534

Nifty in trading below EMA13 with weakness in indicators having negative divergence,
some are at the brim of support like, 14 day WR% at -47, 14day RSI is At 55 falling from overbought,
may visit over sold region. Hence the above presumptive level is anticipated, even make a gap down open,
but no such criterion.

 

[padiyaraa]

#Nifty 8632.60
#Resistance: 8655_8682
#Supports: 8613_8560
Nifty is above Daily PIVOT LEVEL now,
still @ EMA13 with weakness in indicators
having negative divergence, a much faster retracement was expected,
but BULLS ARE STRONG.

The ending session bounced powerfully to make the supports stronger.
Next resistance 8655, if trading above that level nifty can find new high.
Will be weak below 8560 only.

 

[padiyaraa]

Idea 93.70
Is trading its support level with indicator highly oversold sign.
RES:99
Very strict Stop: 92

35000cr business? OMG

102 now, the fist resistance crossed.
Now the trend line res:at 105 is strong

 

[padiyaraa]

#Nifty 8650
#Resistance: 8682_8724_8751
#Supports: 8634
Nifty in trading above EMA13 and daily pivot with
weakness in indicators having negative divergence.
An eventful day like Expiry intimidate me to comment more,
but bullish start is expected. Nifty movement was sideways
between 8661 and 8621 close to our mentioned levels,
narrow range movement these days has turned the situation
gloomy and dreary. Some of our watch list Stocks were
showing strong momentum but reversed, says caution.

 

[padiyaraa]

NIFTY 8592
may open red but, ������Let the new series start with green,
#Nifty #Resistance 8613 & 8655, #Support is 8560_ 8530,
below that only short position will enjoy. My off day, I am away
from my work dusk, so the chat cannot be prepared properly.
Watch the EMA34 values moving Flat around 8553 could support
strongly as #IndianMarket #NSE #BSE is #Bullish.
Today kappa biriyani is my special.
Enjoy your life. Enjoy trade. Loving ID LIVE COOL

 

[padiyaraa]

8547 is supporting strongly,can have a turn around from here.
be watchfull.

Thing are changing now...It seems there is no hope

Another Janet scoop

 

[padiyaraa]

#Nifty 8573
#Resistance: 8600
#Supports: 8530_8460
To avoid messing up the chart the trend lines are drawn in light color,
those are important support levels. The Daily chart give a more bearish outlook,
will correct to 8460 level.

 

[padiyaraa]

#Nifty 8607
#Resistance: 8630_8656
#Supports: 8600

Reversal at the end session gives hope for new highs,
the RBI annual report give some relaxation on Janet effect,
but nothing new here, it is all common in the market,
when you go through chart, and you can see many such
candles in time correction zone.
To be in the bull side, nifty has to cross 8670, ie: break out of pennant
formed on top. Generally a bullish break out can be expected,
but by the indicators but correction doesn’t seem to be over.
Bottom side 8600 and 8540 are supports.

Except to correct up to 8464 minimum.

STRONG BULL. TARGET REVISED TO 8850

 

[padiyaraa]

Yes Nifty 8850 is possible now.

#Nifty 8744
#Resistance: 8780 & 8802
#Supports: 8740_8712 & 8670

Nifty respected the trend line support 8543, discard the natives and bounced back to bullish zone,
by convincingly broke out from the pennant. it can move to channel top around 9000 before any
further correction, as the time moves the value can go up to 9200 level. But I keep the major
pivot resistance 8850 first.

Now the resistance turn out support is 8670. If the indicators
begin to build a lower top, will confirm the negative divergence,
then we will cry for another fall.