morning thoughts...
The schosatic levels now moves to 1/3 of 60 dema and 30 dema in continous pattern of daily charts with nifty facing resistance at 9200 levels and bank nifty at 21500
Broader markets are not active along with index and same pattern will continue with limited move in individual stocks and a consolidated range for the index
The sudden volatility in dollar index and pcr in derivatives segment is indicative of change of hands in all segments
Index is forming a 3 range doji with 18 candles of mexiter star and converging divergance of 1/6 xeno ratio on hourly basis with most of the stocks forming ratio of 1.5 with pcr at 0.95 and dollar index at 102
Some major events ahead along with corporate results are on the way.
Mercury now mingles with capricorn and uranus will change house in 2 days with intersecting sun which can be considered as a major move and event for markets as a whole.
Commodity markets tend to trade volatile , mixed and subdued with value buying in bullions at lower levels and mixed trade in energy and base metals.
57500 created in fii and jackpot options
16500 in nifty and bank nifty
15000 in futures
The schosatic levels now moves to 1/3 of 60 dema and 30 dema in continous pattern of daily charts with nifty facing resistance at 9200 levels and bank nifty at 21500
Broader markets are not active along with index and same pattern will continue with limited move in individual stocks and a consolidated range for the index
The sudden volatility in dollar index and pcr in derivatives segment is indicative of change of hands in all segments
Index is forming a 3 range doji with 18 candles of mexiter star and converging divergance of 1/6 xeno ratio on hourly basis with most of the stocks forming ratio of 1.5 with pcr at 0.95 and dollar index at 102
Some major events ahead along with corporate results are on the way.
Mercury now mingles with capricorn and uranus will change house in 2 days with intersecting sun which can be considered as a major move and event for markets as a whole.
Commodity markets tend to trade volatile , mixed and subdued with value buying in bullions at lower levels and mixed trade in energy and base metals.
57500 created in fii and jackpot options
16500 in nifty and bank nifty
15000 in futures
