Overall Nifty has given a strong pullback from the lows of 21800. it has been moving up through gap ups which are not getting sustained at all. Only good part is tht i has negate the head and shoulder pattern in making in the last week.
Need a close above 22525 which will open doors for 22850 within this week itself.
if Nifty closes below 22330 level then...
🔴Disclaimer: This information is solely for Education Purposes only and to provide information and is not intended to give any advice. Please consult your financial advisors before making any decisions. Stock Market investments are subjected to market risks.
⏺In this video, we'll give you a nifty prediction and Bank Nifty analysis for Friday, 19 January 2024....
Nifty has given a breakout from inverted H&S and also forming a cup and handle.
Inverted H&S target : 20050
Cup and Handle Breakout - 19840 level
Target : 20300++
Nifty has broken out from the falling wedge, next hurdle is 19455 which is a strong resistance, if clears that then Nifty is moving towards 19600-650 above this Nifty will touch ATH.
Chamanlal Setia Exports Ltd (CLSEL)
Bullish on this stock. Even with so much of panic selling in the overall market Volume on the bearish candles are not so great.
Stock is in the uptrend.
Forming Hammer candle near 55 SMA level which is also 0.382% level of Fibonacci retracement which might be a sign of bounce back.
Target 1: 135
Target 2: 140
SL for a...
Bullish on Vedanta limited.
RSI 58 bullish on a monthly basis
RSI 65 on daily basis shows bullish but also not in overbought territory.
CMP:-330
Accumulate in the range of 325-330
SL 319 for the very low-risk trader.
Risky trader can keep SL of 305 level
Target 1:- 350
Target 2:- 370
Buy Axis bank (15 minute cahrt)
CMP 925
First target 935
second target 943
Stop loss for low risk trader 920
Stop loss for risky trader 917
RSI above 60
Market analysis in advance of the budget
Hello every one, here is the market study. How is the market performing in terms of pre-budget volatility?
India VIX is rising, NSE:INFY NSE:HCLTECH IT stock results will be available today and in the following days,
As well as a market overview of the current market structure.
Watch till the end
Best good luck...
