Today let's analyse the technical charts and study where we can see the Indian stock markets going in the coming days. Nifty is trying to sustain above an important resistance zone and Banknifty is already trading above the resistance levels. Also Crude cooling off is an good sign for the coming days. Thanks.
Closing Range - 18443/18670. Extended range 1 - 18260/18853, Extended range 2 - 18360/18753. Nifty closed at day's low with a strong bearish Marubozu candle. The volumes were very high today (can be because of expiry as well though) confirming the negative trend. Nifty seems to be moving towards 200 DMA at 19600 levels. The fact that Nifty is extremely oversold...
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Closing Range - 19008/19235. Extended range - 18926/19317. The only data point favouring an up market is that Nifty is around oversold levels. Every other data point leads to a further possible down move. Nifty has formed a downtrending channel. Nifty filled the 1st gap at 19190 & is likely to fill the next gap at 19000 soon before moving to further down towards...
As per me supports and resistance area here we will go , definitely it helps a lot u guys, this video educational purpose only .
I daily make educational content video for swing trading / positional trading
In this video we discuss how Banknifty has lead the Indian markets for a fall and now the next to go down will be Nifty50. Do check it out and our old videos, and boost if you liked our ideas. Thanks.
Closing Range - 19171/19390. Extended range - 19090/19471. Nifty saw around 300 points down move in the last trading session and formed a Bearish Kicker candle with close under 100 DMA, but with a low volumes. Nifty is at a critical support level and risk reward ratio is in favour of bulls but if this level breaks on closing basis, Nifty can open to fill gaps at...
I daily make educational content video for swing / positional trading
👑Royal Trade👑 BAJAJ AUTO We buy Call and my Target is 5100 Dont buy any trade without stop loss Should I buy Bajaj Auto share? Bajaj Auto has TTM P/E ratio 20.35 as compared to the sector P/E of 17.54. There are 43 analysts who have initiated coverage on Bajaj Auto. There are 9 analysts who have given it a strong buy rating & 12 analysts have given it a buy...
I have made efforts in Explaining How the Upcoming move will likely unfold , I have tried best to suit with Time so that you can understand it correctly if you have any Questions then ask me i will try to address them Good luck
Banknifty has been rejected from a important level and a big selling has occured from day high. We can see a very volatile market from Monday. So be prepared. 1st Target - 43500. Stop loss - Todays High. Dont be long on the market even if you dont want to go short.
In this video we study the charts of BankNifty and analyse as to how this time Banknifty can lead the fall for Nifty and why we need to be cautious in going long on the same. Please do share your views.
In this video we use Chart analysis to discuss todays fall on Banknifty and what would be the possible targets for this fall. Do check it out. Thanks.
Closing Range - 19512/19735. Extended range - 19429/19818. Bears likely to drive market down or reasons listed below - 1. Nifty closed uder 50 DMA, which will act as a resisatance now 2. Gravestone doji candle pattern indicates further down move. We should wait for a confirmation candle though in the next session before taking major directional decisions. 3....
Crucial Week for Bulls in Nifty Multiple resistance at 19680-19750-19840 levels Strong Support 19480-450 level if breaks this then open doors for 19330-19220
Hi, In this video we discuss three Q3 earning stocks you can trade. Entry, Targets and Stop loss in the Video. Thanks.
Closing Range - 19512/19735 Extended range - 19429/19818 Strong resistances of 20 & 50 DMA in 19623-19659. Unless there is a gap up, Nifty will struggle to go past 19660. For any meaningful upward movement, 19700 should go past on hourly chart. Volumes were decent Nifty formed a near Inverted hammer. Downside support is there at 19500 & 19430 for now. Be cautious...