Finnifty has been following the banknifty structure. There is a sub-wave 4th (expanding diagonal). So, if it opens with a gap-up, there might be an undergo a 5th sub-wave. It may reach a minimum of 21,424 or 21,470; after that, if it rejects sharply around there, then we can complete sub-wave 5th and anticipate the correctional (ABC) wave. However, if the market...
DCM Nouvelle Limited Overview Company Background DCM Nouvelle Limited is an India-based company operating primarily in the textile sector. The company is engaged in the manufacturing and sale of cotton yarn, operating within the Textile segment. DCM Nouvelle stands out as a manufacturer and exporter specializing in cotton carded and combed yarns, offered in...
#Nifty Good morning, friends! Here are the directions for January 11th: The global market sentiment is moderately bullish, supported by the Dow Jones, while our local market sentiment shows a moderately bearish trend. It might open with a neutral to slightly gap-up start, as indicated by Giftnifty showing a +20. Nifty is progressing within the bullish triangle...
#Banknifty Banknifty still has a bearish sentiment, but here also, if the gap-up sustains, we can expect further pullback continuation. On the other hand, if it rejects around the 38% (immediate resistance), or if the initial market declines, then it might turn into a range market. Structurally, it might break downside. But we could wait for the proper breakout,...
#Finnifty Finnifty is following the Banknifty structure. So, here also, if the gap-up sustains, we can expect further pullback continuation. On the other hand, if it rejects around the 21301 (immediate resistance), or if the initial market declines, then it might turn into a range market. Structurally, it might break downside. But we could wait for the proper...
On week chart AVAX has broken and closed above #DescendingTrendLine and now it's in correction phase. I think this is a first leg of the correction and wait for the second leg around $29 Wait for next move
"Good morning, friends! Here are the directions for January 10th: The global market sentiment remains moderately bearish, supported by the Dow Jones, while our local market sentiment reflects a similar trend. It might open with a neutral to slightly gap-down start, as indicated by Giftnifty showing a -45. Nifty exhibits a triangle structure. If it finds support...
Structurally, Banknifty exhibits a solid bearish sentiment. However, if it finds support around the immediate demand zone, a minimum 38% pullback could be anticipated. If this pullback is sustained and breaks the 38% level, it might extend further. Conversely, if it doesn't find support within the immediate demand zone, the correction is likely to persist.
Finnifty's structure closely resembles that of Banknifty. If the market finds support around the 78% mark, we could anticipate a minimum 38% pullback. If this pullback holds and breaches the 38% level, the upward momentum may persist. Conversely, if it lacks support at that level, the correction is likely to continue
Yes Bank chart looking good ...for price level arrival around 48 and 75 ... Good consolidation...No buy recommendation. Chart is just for study purpose. Investing in equity carries risk.
USOIL is due for a breakdown from its positional support. If breaks , it could provide a good trading opportunity with proper risk to reward ratio.
Nasdaq-100 index reversed from support level 16170.00 Likely to rise to resistance level 16930.00 Nasdaq-100 index recently reversed up from the pivotal support level 16170.00 (former double top from the end of November) intersecting with the 38.2% Fibonacci correction of the upward impulse from November. The upward reversal from the support level 16170.00...
"Good morning, friends! Here are the directions for January 9th: The global market sentiment remains moderately bearish, supported by the Dow Jones, while our local market sentiment reflects a similar trend. It might open with a gap-up start, as indicated by Giftnifty showing a +120. If the gap-up sustains, our minimum target is 38%. Should it break, a pullback...
"Good morning, friends! Here are the directions for January 9th: The global market sentiment remains moderately bearish, supported by the Dow Jones, while our local market sentiment reflects a similar trend. It might open with a gap-up start, as indicated by Giftnifty showing a +120. If the gap-up sustains, our minimum target is 38%. Should it break, a pullback...
"Good morning, friends! Here are the directions for January 9th: The global market sentiment remains moderately bearish, supported by the Dow Jones, while our local market sentiment reflects a similar trend. It might open with a gap-up start, as indicated by Giftnifty showing a +120. If the gap-up sustains, our minimum target is 38%. Should it break, a pullback...
NSE:TARSONS Tarsons product LTD is proxy player to healthcare industry. Tarsons is a manufacturer of scientific and laboratory plastic ware and safety products. Stock went into Triple Three complex correction just after IPO and I think that stock completed it's course of complex correction and now ready to move up but for more safety one should invest above...
"Here are the directions for January 8th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment shows a similar trend. It might open with a neutral to gap-down start, as indicated by Giftnifty showing -5. I've mentioned a range market structure, so if it undergoes correction, we can expect a minimum of a...
"Here are the directions for January 8th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment shows a similar trend. It might open with a neutral to gap-down start, as indicated by Giftnifty showing -5. I've mentioned a range market structure, so if it undergoes correction, we can expect a minimum of a...