Monday 24 September 2018

Trade set up for 25092018

Astrological view


Moon is with Saturn star. There might be a recovery post 2 PM tomorrow when moon will be in sublord of sun and Jupiter Hora.

Technical view

  • Nifty formed bearish pattern and fall continue for 5 consecutive days. Will Nifty bull will be able to hold 10866, a key support level.

News :

  • Crude MCX touched 5300. This is a warning signal to Indian economy. 
  • Market will look for outcome of FOMC meeting 
  • Uncertainty over liquidity crunch for NBFC bank. 
  • HDFC one of the key components of Nifty 50, has investment with IL&FS 
  • Farther 5000 CR bank fraud

I will observe following stocks for tomorrow. 


1. Tatasteel
2. Hindalco
3. ONGC
4. Axisbank

Market is very volatile so trading need to be reduced.

Post market update for 25092018

Market was very volatile. Traded Tatasteel and Voltas. Made total profit Rs. 650 post commission and brokerage.

Available balance 208556

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