TRADESCAN : 20 Sep

NIFTY-I Yesterday made inside day. But this low volume slow move is supporting Longs. Vix is almost dead. Trump's war mongering at UN is not infusing any Volatility. For Downside we require a good Wide Range Bar or else we keep rotating. FIIs turned net sellers in this market but index is not giving any damn. avoid large qty. trading. Expect some move in later part of the day.

USDINR: Great Trend day in last 2 days. too bad I liquidated my positions at 64.26 and not entered again. while in office can't see Delta much. With Value Developed higher, Buy on dips at 64.25 is advisible. Trade Light due to FOMC meet.

AXISBANK: Some liquidation at highs. Value developed below yesterday and have inside day. Look for small qty. shorts if any.

EXIDE: Some volatility is possible. like to short this counter but yet any clear signal.

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