Our Recent Posts

Tags

Front-Run


Today's Market Influencer :


Today Movement - Neutral to Positive


US market Future Indices and Asia Indices are up as US President announced that on request of China they have delayed additional 5% tariff till 15th Oct. The oil prices are at $61.22/bbl(0.67%) as tariff delay . USDINR at 71.58(0.04%) as FII selling has lightened up and crude reduced.


We expect markets to be Neutral to Positive as there is hope of auto relief & tariff have been delayed.

Important Close Level is 10677/11257


Stock of the Day :


JSPL Ltd. - BUY - Stop Loss - 103 & Target - 112.5/119

(IMP : Do not trade if opens at Stop loss/Target levels)


Trump have announced delay of additional 5% tariff to 15th October on request of China. This would help create a bounce in global link stocks.


We would be positive for intraday trade.



POSITIONAL NIFTY LEVEL :


NIFTY LEVELS





ALERT : PREVIOUSLY NIFTY CLOSED NEAR ALL IMPORTANT LEVELS INDICATING THERE WAS NO CLEAR SIGN OR BREAKING THE RANGE . WE SEE UPSIDE WITH FIIs BUYING AROUND 55,000-60,000cr DURING SIX MONTHS POST ELECTION WHICH WOULD BRING BIG UPSIDE IN MIDCAPS TOO. INCREASE CASH ALLOCATION TO 50%.


Note : These are derived from an Internal Indicator and any movement or close below/above Support/Resistance of one time period moves the Support/Resistance to next time period.


Example : if current market levels is below or above 2 min levels then immediate levels to keep watch are 30 Min levels.