Viswanathan Sundaresan, Author at Caustic News

Sarcastic | Objective | Incisive

Sarcastic | Objective | Incisive

Nifty ends above 8700

Nifty Put Call Ratio (PCR) data shows support at Support at 8600 and resistance at 8750

Avoid entering any trades till 11 AM and wait for the RBI policy decision to be digested by the market participants

Nifty is a buy only at dips preferably below VWAP around midday

Bharat Forge jumps on huge delivery volumes in spite of poor results

Nifty Put Call Ratio (PCR) data shows support at 8600 and Resistance at 8700

Huge delivery volumes in Bank of Baroda, Tata Steel, Cadila and Motherson

Nifty Put Call Ratio (PCR) data shows support at 8500 and Resistance at 8700.

The movement of Moon during the day with Mars and Rahu as sub Lord can create some bearishness. Be bullish on Nifty but cautiously.

FIIs are steadily accumulating index Puts and are shorting calls

Expecting Nifty to be bearish tomorrow