"Good morning! As of August 23rd, the global market sentiment is slightly negative (based on the Dow Jones alone), while the market trend is moderately bullish. The market might open neutrally, suggesting a ranging market. If it breaks yesterday's high after the neutral opening, we can expect a pullback continuation. On the other hand, if the initial market...
Between the last expiry and today, FinNifty has only given up 110pts ~ 0.56%. This is not at all a bad number if you consider the bearish trend it is in. Just like banknifty, finnifty is also following a falling wedge pattern with the same descending trendline slope. The noticeable point is that the support is at 19424 and technically Finnifty is still in the...
FinNifty has been trading in a range for last 3-4 session and tomorrow being an expiry there can a trending move. A morning star pattern is there on the daily charts but the resistance level of 19600 is still being respected. If the market starts trading above the level there will be a nice up move as it has consolidated. On the hourly charts, market has given a...
"Good morning! As of August 21st, the global market sentiment is neutral (based on the Dow Jones alone), while the market trend is moderately bearish. The market might start with a neutral to slightly gap-down opening. structurally, this is a range-bound market, so we can only expect a clear direction if it breaks out of the range. Otherwise, the range will...
Finnifty (weekly ) More probability is there for "Bearish " . . For " Short " entry: 20450 / 20700 target: 20055 / 19760 stoploss: 20550 / 20780 . . For " long " entry: 20800 target: 20950 stoploss: 20700 . . Enter only if market Breaks "Yellow box" mentioned. . wait for proper reversal and conformation. . don't be aggressive. . refer old ideas attached below.
Hello traders Today we have bullish view so let the price to come on support levels and form proper support then make any position dont jump blindly
"Good morning! As of August 18th, The global market sentiment is negative (based on the Dow Jones alone), while the market trend is moderately bearish. The market might start with a gap-down. After that, if the market takes a pullback around the immediate support zone, we can expect a range-bound market or a pullback continuation. If it breaks the immediate...
"Good morning! As of August 17th, there isn't a significant difference from the last session. The global market sentiment is negative (based on the Dow Jones alone), while the market trend is moderately bullish. The market might start with a gap-down. After that, if the market takes a pullback around the immediate support zone, we can expect a range-bound market...
Hello traders Today we have bearish view so let the price to reach at resistance levels and form proper resistance then make any position dont sell if its directly goes towards support zone, you have to make sell position when it is trading at resistance dont jump blindly comment if you want to ask something
"Good morning! As of August 16th, the global market sentiment is negative (based on the Dow Jones alone), while the market trend is moderately bullish. The market might start with a gap-down. After that, if the market takes a pullback around the immediate support zone, we can expect a minimum 38% pullback. If it breaks the immediate support zone, then the...
FinNifty Weekly Analysis We have fallen 2.31% ~ 464pts between the last expiry and today. This is definitely a good start for the bears. Unlike Nifty, Finnifty has managed to form a lower low on the 1hr TF. The first major support comes at 19421. FinNifty Today Analysis Due to HDFCBK’s weightage on Finnifty, we closed a 0.1% lower than banknifty today i.e at...
"Good morning! As of August 14th, the global market sentiment is neutral to slightly negative (based on the Dow Jones alone), There is no significant difference from the last session. While the market trend is bearish. Therefore, there might be a start with a minor gap-down. After that, if the market takes a pullback around the immediate support zone, we can...
FinNifty has closed below the swing low and for consecutive 3 weeks it has given red candle. The market tried to retrace from the 19730 levels but this time it has closed below it. On the daily chart, there is a low formation, retest and again it is forming another low. The bearish trend is confirmed and once the index start trading below the previous day low...
Hello traders Today we have bullish view so let the price to come on support levels and form proper support then make any position dont jump blindly
"Good morning! As of August 11th, the global market sentiment is neutral to slightly negative (based on the Dow Jones alone), while the market trend is moderately bearish. Therefore, there might be a start with a minor gap-down. After that, if the market takes a pullback around the immediate support zone, we can expect a minimum 38% pullback. or if it breaks...
"Good morning! As of August 10th, the global market sentiment is slightly negative (based on the Dow Jones alone), while the market trend remains moderately bullish. There is no significant difference from the last session. Therefore, whether it opens with a gap-up or down, it won't matter. If the initial market experiences sharp declines, we can anticipate a...
#We Make Only Profit. #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA Intraday trading involves buying and selling options within the same trading day, rather than holding them for an extended period. By adopting this approach, traders can make profits by capitalizing on the short-term price movements of the underlying asset.22-Apr-2023 Is option buying good...
#We Make Only Profit. #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA Intraday trading involves buying and selling options within the same trading day, rather than holding them for an extended period. By adopting this approach, traders can make profits by capitalizing on the short-term price movements of the underlying asset.22-Apr-2023 Is option buying good...