Tuesday's Trading View Date 04/08/2020

As we had told supports are weakening for markets & Nifty took support at 10900-10930 levels as told in 

https://trendingshares.blogspot.com/2020/08/weekly-review-for-domestic-markets.html . 

Markets to face Resistances at 10970-0980 after that 10020-10035 .

Supports are placed at 10820-10830 .

TrendingShares Team

Mondays's Trading View Date 03/08/2020

TrendingShares Team had been advising caution to our patrons & readers , Nifty validated our concerns .

Monday again is a tough day for markets . There are multiple resistances in short term & supports are weakening . 

Resistances are placed at 11058-11068 & 11190-11200

Supports are placed at 11100-11120

TrendingShares Team

Weekly review for Domestic Markets

TrendingShares Team had advised Caution last week for Nifty & Sensex . The resistance provided by us proved to be major hurdle for Nifty . Next week major resistances will come in the zones of 11270-11280 & 11340-111360 . Down side supports are 10900-10930 & 1100-11120 .

Slides to be watched on Reliance & BankNifty .

Factors to watch are 10 year bond yields .

We are midst of a perfect storm as major indicators of economy are collapsing & Government has no clue what to do . They are solely dependent on RBI for support which has its own limitations .

TrendingShares Team

Weekly review for International Markets

US & other major international markets are on caution mode . Technology was the major sector & Nasdaq was the major Index to support markets . Question we need to ask ourselves is how long can we rally or how long the markets will ignore basic economics . 

Factors to watch are 

Debt to Gdp

Unemployment Nos

Housing evictions which can cause a major economic upheaval or distress in financial markets . Its a ticking time bomb waiting to be exploded . Politics & moratorium can only delay it .

Its for us to decide what we have to do .

Good news for bulls is declining DOLLAR which shall continue its fall for years .

Support for DOWJONES 25980-26020 & 25800 

TrendingShares Team

We are sorry for not updating the blog due to technical glitch

Dear Patrons ,

We regret for not updating our blog for Thursday & Friday levels .

TrendingShares Team

Wednesday's Trading View Date 29/07/2020

Nifty made a intraday high of 11317.8 after giving a breakout from 11260-11270 levels . Resistance levels for Wednesday are placed at 11320-11325 & 11370-11380 zones support are placed at 11262-11275 .

Trending Shares Team

Tuesday's Trading View Date 28/07/2020

As told by Trending Shares Team yesterday Nifty will face a volatile week ahead . Important levels for Nifty spot on upside will be 11260-11270 & downside levels are 11060-11038 break down or break up will decide very short term trend as there are lots of resistances on upside . Stocks to watch out Reliance & SBI .

All the levels are still intact until a break up or break down happens
Volatility will increase .

Trending Shares Team