Well once again, yesterday was a day full of volatility in the Market. Where on the one hand, we had witnessed an effective bear momentum in the first half. On the other hand, the second half came with a sharp recovery. However, unfortunately we had ultimately witnessed a closing of below 18000 in Nifty, yesterday. Nevertheless, we have been stating from...
As we can see after much of consolidation BANKNIFTY finally broke down and fell over 1000++ points in just 2 days! Now watching the global cues we can expect a gap down opening tomorrow and hence opening near 42000 mark which is a supposed strong support and also a psychological level we can see a strong upmove hence we should wait for signs of reversal before...
Banknifty has started closing below the 20 Dma and today it tested 42300 levels. Though, in the last hour the markets regained some momentum and closed around 42600. The market has been trending down and there are resistances created on the higher levels that will oppose an up move. On the hourly time frame, the moving averages are close enough and a bearish...
Nifty has closed near the crucial level of 18k and has tested 17900 level today. Market remained in a bearish mode and formed a beautiful lower high lower low pattern. On the hourly time frame, the market couldn't cross the 20 ema and traded below the moving averages. The market has respected the 20 ema, 15 minute charts, and took rejection from it. In the...
Finnifty Daily Levels Support Zones For Finnifty Intraday Trading First Support Zone For Finnifty – 18675 -18685 Second Support Zone For Finnifty – 18594 -18610 Third Support Zone For Finnifty – 18500 - 18520 Resistance Zones For Finnifty Intraday...
Nifty One Hour Chart Analysis For Intraday Fuure & Option Trading Support Zones For nifty Intraday Trading First Support Zone For nifty50 – 17910 - 17920 Second Support Zone For nifty50 – 17775 - 17790 Third Support Zone For nifty50 – 17650 - 17660 Resistance Zones For Nifty50 Intraday Trading First...
ABBI India Ltd., which is trading inside the parallel channel, is now making a morning star pattern on the support trend line, and there is 200 EMA support on the day chart. Looking at all this, we can expect a bullish trend in the stock.
Banknifty on the daily time frame has closed near the 20 ema and took support around 42850. On the hourly time frame, the markets are looking in a bearish mode. The market can consolidate in the first half and give a nice movement in the second half due to weekly expiry. The market on the hourly time frame, has closed near the 200 ema and took resistance from...
A nice trending market was there. Nifty has closed 190 lower and the volume of today are higher. The market can consolidate in the first half and move in the second half. If the markets start trading below 18k levels and sustain below the level, it can test the recent low of 17800. There is a bearish moving averages cross over, on 15 minutes and a rejection of...
Once again we got to witness a crucial selling pressure in several sectors of the Market, yesterday. While we have been continuously stating that Nifty is currently somehow confused between the levels of 17800 and 18400. So, in the state of this consolidation, we are still with our words, i.e., to continue rebalancing and rechecking your portfolio along with...
As we analysed BANKNIFTY made very obvious with its inverted head and shoulders pattern showing hope for strong uptrend but trapped all retailers around our given levels of 43570 levels and fell over 500++ points but we can see BANKNIFTY closing around 42900 which also shows BANKNIFTY is still in uptrend hence we might see a good GAP up opening tomorrow as...
What a positive start of 2023, with a back to back 2 consecutive days of positive closing of above 18170. Wherein once again, Nifty took a beautiful support at around 18170 during the first half yesterday. Well for now, a stable closing of above 18400 is very important in the near term. Whereas in the meanwhile, the level of 18170 will play a crucial role as a...
Banknifty whole day traded inside the mother candle and during the closing hours gave a nice closing forming a Bullish Marubozu candle. On the hourly chart, an inverted head and shoulder formation is there and if it give a break out banknifty can test new highs in this series. On the smaller time frame, the market traded near the 20 ema and closed around a...
Nifty is facing resistance from the 200 ema and if market start trading above the level, good momentum can be seen. The market has been trading between both the moving averages and has closed near the 200 ema on hourly chart. Indian market has closed near good level and if global cues remain positive market can se a bullish trend and other the side it can give...
Mayur Uniquotes Limited Buy at the current market price and dip, with a stop loss below 400 (closing basis), as this stock bounces up from a good demand zone with an engulfing candle and breaks the old support that turned into resistance as a good bullish signal. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling...
Canara Bank Cmp 307 dated 27-12-2022 1. Hammer Candle on daily chart. Buy above 309 for target 318-325-330 SL 300 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any...
Stock observed to be in down trend Negative reversal observed next support @71 Bearish for next week CMP 84.05
So finally yesterday, we had once again witnessed a beautiful closing of above 18170. Besides, just as we have been continuously stating about the two Resistance levels of 18170 and 18400 in Nifty. Similarly, as of now, with the index taking a beautiful support at 17800, we are expecting Nifty to reach the level of 18400, very soon. Furthermore, the...