TRADESCAN: 17 Sep

TRADESCAN : 17 SEP.
NIFTY-I

Some Liquidation near Highs and Long additions Near 10080-110 area. Bias is Bullish but small correction is possible. small swing position can be taken targeting 10030 levels because of favorable Risk:Return  for bears. On higher side, 10200 is easy kill.

HDFCBANK-I
Some consolidation near the highs. watch out for shake outs.


 HINDALCO-I
Some correction is going on but not worth to go short. stay away trade less.

ApolloTyre-I
Sell the Highs /Prev. day VAH levels are good trade location. Don't short the lows.


 USDINR


Looks like ready for some action towards 64.30 area. anything between 64.05-64.15 is good accumulation point.
Crude Oil:
Small Qty. Swing Shorts can be initiated. Some pause is visible.

NOTE: CHARTS & COMMENTS ARE FOR EDUCATION PURPOSE AND NOT INVESTMENT/TRADE ADVICE. 


 

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