Nifty is expected to trade in Fibonacci biggest range 8466- 9000. IT sector will support Nifty this time.

Time: 3:25 am                                                   FII: +607c DII: +211c Nifty ·         FIIs are in buy side. ·         Huge in-flow to DII will make market stable. ·         NPS amount also will boost up market. ·         However budget can steal the show in any direction. ·         Weekly chart is bullish whereas day chart is

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Nifty has crossed 61.8 retracement – 8561, going ahead for 100 retracement 9000. Destruction by market on expiry to all fixed strategies.

Time: 5:40 am                                                   FII: +1378c DII: +383c Nifty ·         Nifty started trending once FII came to aggressive buying. ·         It has also crossed 61.8 retracement without 8561 any consolidation. ·         ADX is going up and RSI is increasing pattern. ·         It is blood bath for short sellers. ·         I am

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Pre-budget rally and HDFC Bank results are lifting both Nifty and Banknifty.

Pre-budget rally and HDFC Bank results are lifting both Nifty and Banknifty.

Time: 4:30 am                                                   FII: +93c DII: +533c Nifty ·         Somehow retail people are confident in budget. ·         They keep raising their funds through MF. ·         First time, Market goes up irrespective of FII selling or buying. ·         Seems to be good for India, but this bobble can be burst if

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LT, AURO and ICICI Bank are in hidden bearish divergence pattern. Nifty will be in consolidation mode till budget

LT, AURO and ICICI Bank are in hidden bearish divergence pattern. Nifty will be in consolidation mode till budget

Time: 5:07 am                                                   FII: -288c DII: +519c Nifty ·         Since FII are in still side, aggressive trending is not feasible now. ·         ITC is continuously looking bullish and it is index heavy weight. ·         INFY and reliance are in clear downtrend. ·         After Trump speech, IT sectors did not react

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PSU Banks result shows that huge in-flow will not bring better performance unless there is an operational efficiency. Market will focus on only budget now.

Time: 8:50 am                                                   FII: -26c DII: -175c Nifty ·         Not much amount to analyze DII and FII data. ·         Except ITC, all other stocks are in mild bearish. ·         IT Stocks are under the feet of trump words. ·         There was no special discount for Banknifty hereafter as few banks

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