Market Decoder
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How to trade Descending Trendline
chart is not in good shape but risk is less , 64 is SL
Fundamentals seems fine for the company, Positional buy can be done.
Levels for tomorrow
This is the view on BNF, above cmp are the lines r Resistance levels
Photo from Naga Rajan
Nifty levels for the week, until the Resistance and Descending Trendline not broken Nifty ll remain Bearish. Selling pressure ll be seen.
Photo from Naga Rajan
BNF level perfection 👆 as predicted yesterday
NIFTY Exactly my Level and coming down
😊🙏
People holding PE can Book
340+ points fall from our yesterday levels
CAMS ( BULK DEAL)

yesterday

Warburg Pincus Affiliate Great Terrain Inv. sold 15 Lkh Shares at ₹ 2751/share

While

PLUTUS WEALTH bought 6 lkh Shares at ₹ 2750 /share

Accumalate CAMS
Good Gap down will be seen, bankNifty buying levels ll be 36300 to 36220
Photo from Naga Rajan
Yesterday low ll act as a Support marked in green, if broken Fall can come else will go slowly up , red lines are the Target
Market Decoder
Photo from Naga Rajan
This is the chart I traded today, whatever I post here is my trading setup
Fed will aggressively dial back its monthly bond buying, sees three rate hikes next year

S&P 500 cuts losses, trades higher after Fed decision

This sets the stage for a dramatic policy shift that will clear the way for a first interest rate hike next year.

The Fed will conclude its two-day policy meeting on Wednesday and the public will hear from central bank Chairman Jerome Powell at a 2:30 p.m.

While the Fed meeting is in focus, investors are also monitoring the new Covid variant omicron. The World Health Organization on Tuesday warned the new Covid-19 omicron variant is spreading faster than any previous strain, and is likely in most countries of the world. The United Kingdom on Wednesday reported its highest number of daily cases since the pandemic began.