TradePik by Replete Equities

2021-03-10 07:11:37 #MINDTREE has closed with Bullish candlestick formation above 21 EMA with volume support; it is likely to continue its upside momentum today as well

#StocksToWatch #stockmarket Open / Comment

2021-03-10 07:11:04 #Nifty is likely to trade with mild positive bias on weekly expiry with support at 15000-14900 and resistance at 15250-15350 level

#BankNifty is likely to trade with mild positive bias with support at 35500-35200 and resistance at 36500-36800 level Open / Comment

2021-03-09 10:00:31 Data indicating a bearish trend for intraday while option data indicates bullish trend. No clear direction for today.

Trade with range-bound strategies. Open / Comment

2021-03-09 07:01:17 Derivatives data – Brief commentary (08 Mar 21)
• For Weekly expiry (10 Mar), max OI addition was seen at 15100 call and 14400 put. Max OI is at 15500 call and 14500 put.
• For Monthly expiry (25 Mar), max OI addition was seen at 15600 call and 15000 put. Max OI is at 16000 call and 14000 put.
• Cumulative Nifty PCR stands at 1.06 (08 Mar) Vs 1.12 (05 Mar)

Overall FII derivatives data is mixed for Monday (08 Mar 21)
• In Index futures, there was unwinding on long side and addition on the short side resulting in net long exposure at 53.8% (8 Mar) Vs 56.2% (5 Mar)
• In Index options, there was net addition in call options - long side and put options - short side. Open / Comment

2021-03-09 07:00:48 Daily Report :

Benchmark index is likely to trade range bound with support at 14900-14800 and resistance at 15100-15200 level

Banking index is likely to trade range bound with support at 34900-34700 and resistance at 35700-35900 level

LT has closed with Bullish candlestick formation above 21 EMA with volume support; it is likely to continue its upside momentum today as well Open / Comment

2021-03-08 08:47:51 Let’s all choose to challenge & call out gender bias and inequality towards women.

Replete Equities wishes everyone a very happy International Women’s Day. Open / Comment

2021-03-08 08:27:18 The market is highly volatile. Trade with proper risk management for the next few sessions.

Making money is important but not to loose big is more important. Open / Comment

2021-03-08 06:46:34 Stock to keep on radar for short term.

ULTRACEMCO: we saw a good buying volume in ULTRACEMCO. A sustainable breakout from 6600 will lead to high level.

Buy above 6600 with a stoploss below 6000 level for a possible upside of 18% to 22% in short term.

Keep Tracking for more such updates. Open / Comment

2021-03-08 06:35:10 Derivatives data – Brief commentary (05 Mar 21)
• For Weekly expiry (10 Mar), max OI addition was seen at 15500 call and 14500 put. Max OI is at 15500 call and 14000 put.
• For Monthly expiry (25 Mar), max OI addition was seen at 15500 call and 14000 put. Max OI is at 16000 call and 14000 put.
• Cumulative Nifty PCR stands at 1.12 (05 Mar) Vs 1.39 (04 Mar)

Overall FII derivatives data is mixed for Friday (05 Mar 21)
• In Index futures, there was net addition on long side resulting in net long exposure remaining similar at 56.2%
• In Index options, there was net addition in call options - short side and put options - long side. Open / Comment

2021-03-08 06:34:43 DMART has closed with Bullish candlestick formation and volume support; it is likely to continue its upside momentum today as well Open / Comment