MACD negative cross over is about to happen in Nifty. However stay connected with long still it breaks trend-line 8645

Time: 8:15 am                                            FII: +306 Cr DII: -171 Cr Nifty ·         FII are in buy side and SGX Nifty opens positively every day. ·         There was no bad news from global, but still threat continues to IT and Pharma sectors. ·         Non Nifty 50 stocks are started showing bearishness. RSI

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Despite of sudden fall on expiry, market still remains bullish unless it breaks trend and channel line.

Despite of sudden fall on expiry, market still remains bullish unless it breaks trend and channel line.

Time: 8:15 am                                            FII: +504 Cr DII: -224 Cr Nifty ·         Last week we had a sudden correction, Market took support. ·         Market is in uptrend and it follows both channel and trend line. ·         As long as it does not break those lines (8700), it is continuously to be

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Bullish Hammer Pattern almost in all Banking stocks shows that Banknifty is ready to run up towards 20575.

Time: 5:30 am                                                   FII: -127c DII: -167c Nifty ·         Nifty never minds about overbought territory. ·         Busy in reaching 100% retracement and all-time high (9000 – 9100). ·         Expecting this will happen before March 2nd week as discussed before in the log. ·         Banknifty is ultra-bullish with hammer pattern. ·        

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PSU Banks are hungry and ready to swallow RBI rate cut today.

Time: 5:35 am                                                   FII: +201c DII: +1620c Nifty ·         RSI is going up and ADX started going up aggressively. ·         INFY jumped back as expected. ·         Both IT and Pharma sectors are coming up now. ·         Both sectors are in long term bear, it is only temporary relief now. ·        

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Banknifty FNO position smells only less RBI rate cut (0.25). INFY seeks support at 900.

Banknifty FNO position smells only less RBI rate cut (0.25).  INFY seeks support at 900.

Time: 8:07 am                                                   FII: -403c DII: -449c Nifty ·         FII are in sell side now. ·         RSI is going up and ADX started going up aggressively. ·         Almost all nifty – Banknifty stocks are trying to form bearish divergence. ·         However they did not turn bearish yet with volume. ·        

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