Notes 28 Apr 2020

28TH  APR 2020


Watch W wave,H&S,Cup &Handle, RSI patterns in 15,30, 1hr, Daily, Weekly Patterns

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NIFTY CMP 9319 Nifty Daily 20 ema 9104  ---- buy
Nifty 1 Hr 20 EMA 9266----- buy
Nifty 1 Hr 100 EMA 9088---  ( Hold in the money option)

Nifty Fut 1 hr C&H target 9541 ( aggressive buy above 9334)
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BANK NIFTY CMP 20073

Banknifty Daily 20 ema 20201  -- sell 

1HR 100 EMA 19845 ---- buy

Keep PIVOT 20000

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IndusIndBk (cmp 410)

Price rejected from Daily 20 ema 480

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Maruti add shorts below 5000 longs above 5150

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Bajajfin 


hold shorts below 2100  ( multiple support line )

buy above 2200 triangle breakout 

Longs above 2100 short covering may take to 2500 by expiry
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Notes 24 Apr 2020

24TH  APR 2020


Watch W wave,H&S,Cup &Handle, RSI patterns in 15,30, 1hr, Daily, Weekly Patterns

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NIFTY CMP 9313 Nifty Daily 20 ema 9077  ---- buy
Nifty 1 Hr 20 EMA 9196----- buy
Nifty 1 Hr 100 EMA 9109---  ( Hold in the money option)

Nifty Fut 1 hr C&H target 9650 ( aggressive buy above 9334)
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BANK NIFTY CMP 20267

Banknifty Daily 20 ema 20281  -- sell 

1HR 100 EMA 19800 ---- buy

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IndusIndBk (cmp 417)

Price rejected from Daily 20 ema 480


1hr 20 ema 416

Inverse H&S formation in 15 min TF

Buy above 420 for target 441
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HDFC Life C&H pattern in 1 Hr TF

Hold/add longs above 490 target 570 (cmp 495)
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Maruti add shorts below 5000 longs above 5150

Buy with SL 5000 for targets 5376 / 5742/ 6296

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Bajajfin 

5 times support in 1hr TF at 2100 

buy above 2200  ( 1 hr W wave target 2400 )

hold shorts below 2100  ( multiple support line )

buy above 2200 triangle breakout 
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Notes 23 Apr 2020

23rd APR 2020

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Expiry  :

i) Open interest addition is crucial.... after 10 min watch the open interest addition , higher side means take position in opposite direction


iii) Follow 15 Min ST BANK & NIFTY on expiry

9200 Nifty range 9340 // 8914

19750 Bank nifty 21000/20450 // 19100 

if bank below 15 min 100 ema 19700 --> then 19100 possible so nifty 8914 feasible i.e bank 650 dn & nifty 280 dn

otherwise

nifty 9340 but bank 21000 seems distance i.e nifty 150 up & bank 1300 up so bank 20450 i.e bank 700 & nifty 150 possible

closing higher side means  -->
HDFCBank target 945

Indus target 441

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Watch W wave,H&S,Cup &Handle, RSI patterns in 15,30, 1hr, Daily, Weekly Patterns


1 Hr Bearish W wave is in the process of formation Nifty top 9292, Bank Nifty 22150

Nifty Bearsih W wave is active ? Let see ...No positional longs below 9300👍
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NIFTY CMP 9195Nifty Daily 20 ema 9053  ---- buy
Nifty 1 Hr 20 EMA 9108----- buy
Nifty 1 Hr 100 EMA 8979--- Hold positional longs
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BANK NIFTY CMP 19745

Banknifty Daily 20 ema 20286  -- sell 

1HR 100 EMA 19759 ---- PIVOT

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IndusIndBk (cmp 417)

Inverse H&S formation in 15 min TF

Buy above 420 for target 441
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HDFC Life C&H pattern in 1 Hr TF

Hold/add longs above 490 target 570 (cmp 495)
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Maruti add shorts below 5000 longs above 5150

Bajajfin hold shorts below 2100  ( multiple support line )

buy above 2200 triangle breakout 

Notes 22 Apr 2020

22nd APR 2020

Watch W wave,H&S,Cup &Handle, RSI patterns in 15,30, 1hr, Daily, Weekly Patterns


1 Hr Bearish W wave is in the process of formation Nifty top 9292, Bank Nifty 22150

Nifty Bearsih W wave is active ? Let see ...No positional longs below 9300👍
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Nifty Daily 20 ema 9038   ---- sell
Nifty 1 Hr 20 EMA 9089     ----- sell
Nifty 1 Hr 100 EMA 8957 --- Hold positional shorts
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Banknifty Daily 20 ema 20343 

100 EMA 19809 below hold shorts

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HDFC Life C&H pattern in 1 Hr TF

Hold/add longs above 490 target 570 (cmp 495)
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Maruti add shorts below 5000

Bajajfin hold shorts below 2100  ( multiple support line )

Indusind cmp (403) hold shorts below 433 1hr 20 ema

Notes 21 Apr 2020

21ST APR 2020

Watch W wave,H&S,Cup &Handle, RSI patterns in 15,30, 1hr, Daily, Weekly Patterns


1 Hr Bearish W wave is in the process of formation Nifty top 9292, Bank Nifty 22150


Nifty Bearsih W wave is active ? Let see ...No positional longs below 9300👍
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1Hr TF Nifty broken previous resistances at 9024,9129, 9260 & now at 9295

Nifty 9300 above buy for target of 10000 ( but watch RSI divergence)

Nifty Daily 20 ema 9054
Nifty 1 Hr 20 EMA 9205
Nifty 1 Hr 100 EMA 8954  --- Hold positional shorts

Keep eye on 9148 level as pivot as sgx indicating down side
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Banknifty Daily 20 ema 20442 is pivot level now

100 EMA & ST 19844 below hold shorts

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HDFC Life C&H pattern in 1 Hr TF

Hold/add longs above 490 target 570 (cmp 495)

Add option 15 range for target 30.
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Maruti hold shorts below 5151

Bajajfinserv 1hr 100 ema 5017 above target 5676 ( cmp 5016) 

sell below 4800 

go for option range 100 for 200 target

Notes 18 Apr 2020

20TH APR 2020

Watch W wave,H&S,Cup &Handle, RSI patterns in 15,30, 1hr, Daily, Weekly Patterns


1 Hr Bearish W wave is in the process of formation Nifty top 9292, Bank Nifty 22150


Nifty Bearsih W wave is active ? Let see ...No positional longs below 9300
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1Hr TF Nifty broken previous resistances at 9024,9129, 9260 & now at 9295

Nifty 9300 above buy for target of 10000 ( but watch RSI divergence)

Nifty Future C&H Target 9877 once break 9320
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Banknifty Daily 20 ema 20450 is pivot level now

Above 20800 , first target 21500

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HDFC Life C&H pattern in 1 Hr TF

Hold/add longs above 490 target 570 (cmp 495)

Add option 15 range for target 30.
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Reliance resistance 1236 (cmp 1229)

Bajajfinserv 1hr 100 ema 5017 above target 5676 ( cmp 5016) go for option range 100 for 200 target

Notes 16 Apr 2020

16TH APR 2020

Watch W wave,H&S,Cup &Handle, RSI patterns in 15,30, 1hr, Daily, Weekly Patterns


1 Hr Bearish W wave is in the process of formation Nifty top 9292, Bank Nifty 22150

Nifty Bearsih W wave is active ? Let see ...No positional longs below 9300

Expiry  : 16 Apr 2020


Nifty put highest open interest 8500


i) Nifty lower end  8700 upper end 9258

ii) Bank Nifty lower end  18700/18000 Upper End 20170


iii) Follow 15 Min ST BANK & NIFTY on expiry