Alll Indices are in Red,
less momentum but

Jaii shaani dev

#GiftNifty getting ready for 300 points Rally Tomorrow
on our 9th August #Gann date.

ES: 08 Aug

Price is above PD TPOC; We have two sets of singles --aka trapped shorts (5385-86 and 5292.75 - 5314). This will allow whole salers to keep lifting the offers. next level of interest is 5335 (PD VPOC); if it sustains above then 5342 and then 5359.

The problem with short covering fuelled rally is that the buying power is removed and buying retention is limited. So, if the trapped shorts see sellers competing, then 'bid off' and sharp drop.

So hands off--max with 1-2 Micros.
Noob, I am

The high so far 5333—front running of the PD VPOC.
Since then rotation between 30 - 12!
Value area overlapping to PD value area.
Developing a P shape profile—reflective of primarily short covering—probably due to news.
As we move towards J period (starting 23:30), remains to be seen whether we will get inventory correction.

Ye ready horha hai For Short term,

Hovs Services going for a Trendline Breakout.

In a range for a very long time,
Laxmi organic

Breakout will give smooth up move

If BSE and Edelweiss is shining,

Then CDSL can shine Tooo,
Keep an eye

Wockhardt is for short term with small SL

Starlent vcp Trap and Higher highs formation too,

Got it from Screener.in

Clean Science - Keep a watch on breakout. Can give a good move above 1690-1700...
Weak below 1540

Can buy 50700 pe

Buy range 455 to 460 sl 430

530++

After opening Gap up,
Now The recent Trend of Index is Lower Lows formation,

A lot of FNO stocks are also showing a little weakness after opening Gap up,

Market feels like Ready to give both side moves

Stay safe don't Trade unnecessary
Save capital.

Prestige
Intra
Above 1721

Idbi bank
Intra

Above orange🤞

Iob
Intra

Once breakout🤞

T1 done☘

Activated now🤞