TradeLogs IND

📜👆🏻 Update: Down 400 points, now we have some support here at 17k and it is a very important support. If we start to trade below this support expect a 700 point dump. If you want to trade equities now, it has a good risk reward here now. Just keep eye in Nifyu 1D and check if it is trading below 17k and all daily candles are closing below it or not and also check if price is starting to get rejection from 17k if that is the case then you close your equity trades and prepare for 700 point correction otherwise you will be fine.

📊 NIFTY50: Would suggest to stay away from heavy investment in the market right now. Few days ago I was going through some stock charts it looked cheap to me but it seems we are about to see something bad soon. Fundamentals are turning weak and lot of negative news coming from the U.S, important supports below 17100, 16350. Monthly printed bearish divergence and this post covid rally was really sharp straight upward rally which is not good to be very honest if start to see sell off correction will be sharp as well. Stay safe.

📜👆🏻 COFORGE: +7.3% Sell Half here and stoploss at entry

📜 VAIBHAV GLOBAL: Closing here at 325₹

📊 NIFTY50: 4H bullish divergence printed. Expected to test 18k area.

📝Reason: Not worth the risk. Your stoploss will not work if it hits lower circuit. So just watch it. 1200.65₹ is Support for Adani Enterprise a bounce is possible from there and if that happens it will be good for overall market as well. Will publish some trades this week if NIFTY does not go below 17000 level.

📜 Cancel this trade.

📜 ADANIENT: If you can afford 17% loss then you can buy it at 1200.75₹ with a stoploss at 997₹ make sure u invest then amount you afford to lose. Stoploss hit will give u 17% loss.

📊 SIS: Risky trade, take only if you can afford 12.87% loss, there is oppotunity of 45% reward.

📜Market Update: Lot of stocks has cooled down. Time for some shopping this week.

📜👆🏻VAIBHAV GLOBAL: +7%

📜👆🏻 COFORGE: Sell Half Today (+5% Profit)

📊VIBHAV GLOBAL: Possible target 380 (+20%) from here. Currently trading at 320.

📊COFORGE: Double bottom neckline testing here.

📊 INFOSYS: Will buy today at 1551, for the target 1907, Stop-loss 1502

📜 Published the reply just before NSE open.

📜 👆🏻 NIFTY50: Possible Short short term target 16k. There will be some short covering retraces before that which could help you to exit from some of your trapped long positions if any. Will update on monday.

1) MSCI seeks feedback on Adani Group and associated securities & is aware of the reports recently published regarding the group MSCI is closely monitoring publicly available information regarding the situation 2) All Adani group stocks barring Adani Wilmar are in MSCI Global Standard Index and also FTSE Indices Adani Ent, Adani Ports, Adani Trans, Adani Total Gas, Adani Power, ACC, Ambuja & Adani Green are present in MSCI Standard Index & FTSE World Indices

📊HNDFD: Buy here at 587.50 with Stoploss at 565