In this video, we'll discuss about Market's Last Week Movement and we will try to analyze Coming Week's probabilities in Nifty, Banknifty and other segments too. Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it! ✅I hope you liked the analysis. Be sure to hit that...
Nifty was unable to break the 22519 support, the entire day we spent hovering around this support resistance level - but the sheer inability to break shows the lack of strength of the Bears. I would have maintained the bearish stance if we had at least 1 candle below this level. Currently, the next support level is at 22295 and the resistance level is at...
NSE:NIFTY NSE:BANKNIFTY #NIFTY & #BANKNIFTY 30 Min Chart Analysis (30-05-24) 🔹Trend: Big Bull Channel. 🔹Swing :- Down Swing 🔹View: Down Move Continuation after a minor trendline retest. Let's See the correction for this week and then before the election results we have to reevaluate according to the Event. 🔹As of now Both indexes are aligned with...
A strong Divergence pattern is formed on the Weekly Chart. Also we have an indecisive candle on the daily chart. WTF Resistance : 23,200 WTF Support : 21,850 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
A gentle reminder for those worried about price being locked in circuit on Monday, the circuit levels are FAR away . Although with India VIX at 24.60, it may possibly test long term swing levels on either side. 24K loading....?
As we discussed, Nifty had a sideways structure; it was sideways the whole day. If we look at the chart now: The market is trading in the range while taking good resistance at 200-EMA. The market is very volatile as VIX is 24.60. the market is trading in the range 22465 - 22639. If we look at the last two candles, it is a huge volume from the support...
The Exit Polls suggest that the NDA Govt. will be in power again. Thus, the FIIs that have been shorting their position the entire month of May, will either have to Cover their positions on Monday, or hold their positions with a hope that the Exit Poll results don't become a reality. Either ways, we'll see huge volatility on either Monday or Tuesday. Here's our...
The price has given the break of structure on the down side. The broken structure indicates a start of a downtrend. But the downtrend will be confirmed on the breakdown of 22,417. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today we have a gap down opening and the price has made a strong negative candle. The price is in a strong negative trend. The probability on the down side is more than 60%. Also the price is entering in the compression zone. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Hi, An bullish on-neck Breakout pattern emerged on the Daily chart of NSE:JWL MACD on daily, weekly and monthly time frame is on the bullish side and RSI is also on the bullish side, so expecting the bullish trend to continue. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop...
Long KNR constructions CMP 265 Triangle breakout with good volume. It can be fake breakout So, Buy Above 277 Stoploss 226 Swing Trade Target 1 299 Target 2 310 Long Term Target 1 317 Target 2 339
Hourly closing below 22584 -- 22609 will be 🐻 📉 📉 to 22428 and 22280 22280 could test within 3rd June Any closing sustains above 22609 in hourly then 📈 📈 Disclaimer: It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
Good morning, friends! 🌺🍬 Here are the directions for May 31st: The global market continues to show a bearish sentiment based on the Dow Jones, while our local market also shows a bearish trend. Today, the market may open with a slight gap-down, as indicated by GiftNifty, which shows a decrease of 25 points. Nifty and Banknifty moved in different paths in the...
Nifty will be gap up opening in today's session. After opening nifty sustain above 22570 level and then possible upside rally up to 22690 level in today's session. in case nifty trades below 22520 level then the downside target can go up to the 22400 level.
Nifty continued its downward journey yesterday, ending 216 points down. The nearest support zone (daily 22,483 - 22,630) mentioned in the last post was broken, with Nifty making a low of 22,417. Support Levels: Near Support: 22,313 (61.8% FIBO level of the last swing) Far Support Zone (75m): 21,821 - 22,041 Resistance Levels: Nearest Resistance Zone (15m):...
Nifty showed correction for the 5th straight session, This is also the longest losing streak in last 7 months After Gap down opening, it remained in negative trend throughout the session A Bearish candle is formed on daily chart The imp upside hurdle is placed around 22630 level whereas downside support is around 22350 zone Track for price to form Price...
Over the last 1 week, Nifty hits a new ATH of 23110 and falls 3% ~ 693pts. On a week-2-week basis, we have only fallen 395pts ~ 1.72%. What is more important is that we have started a nice reversal, what needs to be seen is if we get a stronger fall this time. On every other occasion, the dip buyers emerged and ensured our indices were continuing the one-way trip...
As we discussed, Nifty had a bearish structure; It has fallen by 287 points. If we look at the chart now: The market is trading in the bearish zone below 200 EMA. The market has taken support from the 0.50 Fib level while making a Morningstar pattern with a very nice volume spike. Price is trading below EMAs, showing a weak bull structure. If we look at...