NSE:BANKNIFTY ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 52400-52000-51700-51400-51000 ❇️ Resistance : 52400-52600-52800-53000-53200-53500-53800 👉🏻 Purple line is a key level, above buying, Below selling.
The Government is running a revenue deficit budget and hence it has to resort to borrowing. But apart from borrowing for revenue expenditure, it also needs to borrow for capex. Thus year after year the Government keeps borrowing and this keeps increasing the debt burden. This video explains Government debt and how it is used and what can be the implications of...
NSE:BIRLACABLE CHART ANALYSIS 🧐 Time frame - Day chart 🔹Trend: Correction Downtrend is in effect with low volume fall. 🔹 The last swing low made is insignificant and formed a double bottom structure, with a small RSI divergence. 🔹View: Breakout of a trendline and horizontal range around 263+ can trigger a change in trend, from down to fresh up...
This Company should be next Multibagger Stock in 2024-2025. This stocks has potential to gave a unpredictable growth. This Company is engaged in manufacturing of Sugar, Alcohol and Power. It also caters to the demand of both domestic and International markets. And the most important thing is that it manufactures ETHANOL. The company has shown a good profit...
Amidst of all the buzz around Infra, Railway, Defense etc, Tourism sector has always received something from the budget. Not a massive rally but NSE:LEMONTREE hotels is all set for a inverted head and shoulders breakout and march towards 165+ levels.
Recently, there have been reports that the government is considering imposing a 30% tax on trading in Futures and Options (F&O). This move will be devastating for many retail traders who earn a living from trading. F&O trading is not gambling! Traders invest time, effort, and money to make informed decisions based on market trends and analysis. It's not a game...
Maharashtra Government announced the interim Budget today for 2024 - 25. The effort is laudable as it has tried to rein the revenue deficit and also reduce borrowing.
Karnataka has increased its expenses and has not provided for any income increase of the same magnitude. Due to this the state is facing fiscal problems. It is simply resorting to borrowing more to fund its populist programmes. This is a sure receipe for disaster.
Immediate resistance 21896.15 (along with 21813 recent pivot) Upside targets 22022 and 22306.60 Downside supports 21500 and 21206 While trading for new entry or existing positions, these levels will act as major support and resistance.
Greetings everyone, I think that either the NIFTY50 or the entire market is entering a Bullish trend. Starting from today or possibly in the upcoming week, it seems likely that the market will commence a UP ward direction. This projection is based on two potential factors: -> Today Imp Resistance level 21517 Crossed. -> We have strong Support in 21250 and it was...
BankNifty Analysis - Stance Bearish ⬇️ The unusualness of the last 30mts was more obvious in the Banks - HDFC, ICICI, AXIS and Kotak. Seems a news/event is brewing and we may get some clarity in the coming days. The good thing is that it broke out pretty late in the day, which meant the expiry was not totally screwed. 4mts chart How many Analysts you know are...
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: ”The issue for the bears from the 63mts chart is the W formation (double bottom). To prove they are still in the game, the Bears must create a big fall and ensure an M pattern supersedes the W. Due to the momentum the bulls got today, we are changing the stance from bearish to neutral. The first target...
i just explain how market take resistance @privious breakdown point and what next view for tomorrow.
Hello guys here I am sharing the support and resistance levels for Bank nifty for the Budget day tomorrow support and resistance are mentioned on the 30 minute time frame chart simple trading idea is break and close above of resistance so we can go for buy and if break and close below support we can go for a sell because on 30 minute time frame chart price is...
Hello guys here I am sharing the support and resistance levels for nifty for the Budget day tomorrow support and resistance are mentioned on the 30 minute time frame chart simple trading idea is break and close above of resistance so we can go for buy and if break and close below support we can go for a sell because on 30 minute time frame chart price is...
Note: Always try to find a good #price action patterns or any #candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles). (Color code for #Support & Resistance zones: Red - Sell, Green -...
Nifty Chart set up - In the last 2 days Nifty has closed in positive territory, however it has found it difficult to close above 50% of last red candlestick which comes at 17740 odd levels - a lot of resistance between 17740-18140 - on the lower side Nifty has a risk of falling towards 17331 / 17188 / 17096 odd levels Derivative Data - FIIs have gone in...
Hi traders, One of the biggest day of every traders and investors. So my first request to every new traders and investors see the tomorrow's market avoid trading tomorrow. It is not easy to trade on that day. Who are capable of understanding the levels and price action properly then only trade otherwise avoid don't use any indicator it will not work for sure....