Bears have taken over! As mentioned in the previous issue of the Daily Game Plan… It’s the narrowest range of the last four days which shows indecision. Range contraction is usually followed by a trend day most...
Category - Daily Trading Plan
Daily Signals based on Hybrid Model & market commentary.
The consolidation continues! Nifty after initially rising above 11550 levels mentioned yesterday and made a high 11584.95 and closed slightly in red or 7.55 points. The Nifty has failed to decisively cross the 11550 levels...
A flattish to slightly bullish day! The Nifty opened flat during the day and saw the last hour buying which pushed it to close up at 11535 or 64 points! As I mentioned yesterday that Nifty is forming a flag pattern which is...
A pause after yesterday’s massive sell-off! The positive verdict on AGR by the Supreme Court and some good auto number cushioned the pain to some extent! But we are not out of woods yet! Nifty yesterday engulfed...
Finally, the moment of truth for the markets! I have been shouting at top of my lungs since the last couple of issues of my Daily Game Plan, that this rally is suspect and could turn into a false breakout. All it needed...
Nifty Bank is running while the Nifty is crawling! Nifty Bank is doing exactly what I had mentioned on August 27, 2020 issue of the Daily Game Plan. Nifty Bank is finally playing catch up with the Nifty. Although short term...
A rise without the strength continues! Well, the nifty has closed up for 5 consecutive days and also at a 6-month closing high. But the internal strength of the markets remains subdued. As I had mentioned in the previous...
Nifty marches on, albeit cautiously! Nifty closed at 11549.6 or 77.35 points up supported by “Mota Bhai”, Reliance, Banks, and Auto to some extent. Reliance had been consolidating since the last one month in...
The moment of truth for the markets is near! As I have been mentioning over the last couple of days that the markets are looking exhausted and the momentum is lacking! Nifty opened up 60 points tracking global cues but...
After zig-zagging during the past week, Nifty has finally broken out above the previous peak but the momentum is lacking! Broader markets are doing good and today Bank and Telecom sector supported the rise. Nifty still...