Trade cautiously

Photo from NAGA RAJAN

Photo from NAGA RAJAN

Laurus Labs recommended at 440 to 450 range now at 584 , high made 594

This has become invalid now as Neckline not broken, now 16850 to 16885 are the Resistance.

Star paper looks good

Maithan Alloys Good Consolidation BO, if Retest 1218 to 1238 zone then its good opportunity, Target 1445 and 1650+

Avoid heavy buying today. Play intraday but dont carry the positions.

Today Fed’s FOMC meeting is there in US and interest rate hike can be announced.

Even though market has priced in 25 bps rate hike for today; we can surely see the knee jerk once Rates are actually announced.

16880 taken out in Gap up which is not good.. next levels 17038 to 17056

Overall LH is at 17328 till that Market is Not bullish for me. Coz Gann and Fib are Meeting at 17328 level. 🧐🧐🧐

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It's a Live call👆👆

Take a look

Star Paper ->133 to 168 done in 2 sessions.

My level was 17328 given yesterday and today's high 17329..🙏 let's see if makes or breaks.. 😊

Until 17384 is taken out in Daily we will bearish

Shriram Pistons

Strong Base formation at golden looks good for a position

As discussed Both Nifty and Banknifty has reached their levels