Telugu Trader Shyam

  Good Morning Traders, PRE MARKET ANALYSIS by Shyam.. Date: 5 January 2022 SGX Nifty: -42 US MARKETS: POSITIVE EUROPE: POSITIVE           ASIAN MARKETS: NEGATIVE   NIFTY & BANKNIFTY LEVELS FOR TODAY. Nifty 50 Resistance: 17841, 17867, 17914 Nifty50 Support: 17750, 17711, 17688, 17643 Bank Nifty Resistance: 36903, 37119, 37260 Bank Nifty Support: 36645, 36489, 36353 (Mark these levels on your Chart)   Our View: As Sgx Nifty indicates, Nifty 50 is likely to open Flat to Negative Note. All the world major markets are trading in Positive to Mixed. US markets closed green. DIIs & FIIs are both on Buy side yesterday and Nifty 50 formed a Bullish candle, today if Nifty 50 & Bank nifty able to sustain above PDH then follow the upside. If not, (or) in yesterday’s range – stay light, since tomorrow is weekly expiry handover to options writers. After a vertical moment need a break for index to get ...

  Good Morning Traders, PRE MARKET ANALYSIS by Shyam.. Date: 4 January 2022 SGX Nifty: -10 US MARKETS: POSITIVE EUROPE: MIXED ASIAN MARKETS: NEGATIVE NIFTY & BANKNIFTY LEVELS FOR TODAY. Nifty 50 Resistance: 17650, 17688, 17750 Nifty50 Support: 17564, 17517, 17445 Bank Nifty Resistance: 36490, 36567, 36645 Bank Nifty Support: 36198, 36124, 35906 (Mark these levels on your Chart) Our View: As Sgx Nifty indicates, Nifty 50 is likely to open Flat Note. All the world major markets are trading in Negative to Mixed. US markets closed green on the first day of the year. DIIs & FIIs are both on Buy side yesterday and Nifty 50 formed a sizable Bullish candle, today or tomorrow is most crucial day for bulls – whether can they climb and sustain at this levels or they give up? On Dec 13 Nifty tested the same levels and couldn’t sustain, tested recent low i.e. 16407. Now nifty at the same level, once this level get cleared, we can see a good up move. Even bank nifty also stands a...

  Good Morning Traders, PRE MARKET ANALYSIS by Shyam.. Date: 3 January 2022 SGX Nifty: -27 US MARKETS: NEGATIVE EUROPE: MIXED ASIAN MARKETS: MIXED NIFTY & BANKNIFTY LEVELS FOR TODAY. Nifty 50 Resistance: 17380, 17404, 17445 Nifty50 Support: 17322, 17276, 17235 Bank Nifty Resistance: 35600, 35712, 35906 Bank Nifty Support: 35315, 35150, 35027 (Mark these levels on your Chart) Our View: As Sgx Nifty indicates, Nifty 50 is likely to open Negative Note. All the world major markets are trading in Negative to Mixed. Omicron cases have increased in US and India too, fundamentally its negative sentiment for investors, but if we see last DIIS & FIIs data was positive. Trading volumes are expecting to be less – so the moment too. Nifty 50 is just about to touch 100 DMA and Bank nifty 200 DMA. If both are sustaining the above levels, can look for long opportunities. Otherwise chance of consolidation or correction. Will not execute fresh trades, at these levels – will wait and...