We have a Bearish view selling would come from resistance wait for proper setup and oppertunity
"Good morning! As of June 26th, the same sentiment continues; there is no significant difference compared to the last session. The global market is showing a neutral to slightly positive start with a moderately bearish market sentiment. There is a possibility of a slight gap-up opening. If the market experiences a pullback afterward, we can expect a minor...
As per my view short covering may come from bottom wait fot better setup
"Good morning! As of June 23rd, there is no significant difference compared to the last session. The global market is showing a neutral to slightly negative start with moderately bullish market sentiment. There is a possibility of a slight gap-down opening. If the market experiences a pullback afterward, we can expect a minor pullback reaching anywhere between 38%...
Today we have a mix view Wait for forming proper suport or resistance dont jump directly
"Good morning! As of June 22nd, there is no significant difference compared to the last session. The global market is showing a neutral to slightly negative start with moderately bullish market sentiment. It is possible that the market might open slightly gap-down. After that, if it experiences a pullback, we can expect a continuation of the rally with minor...
Yesterday I said, " I will be a believer if we continue the green spell tomorrow also." - guess what Finnifty hit all time high today at 19660.1 at 13.55. This is partly due to the news flow in HDFC & HDFCBK (both are having good weightage in finnifty). This is the main reason it outperformed with gains of 0.68% whereas Nifty & Banknifty had gains of 0.21%...
"Good morning! As of June 21st, the global market is showing a neutral to slightly negative start with moderately bullish market sentiment. It is possible that the market might open neutrally. After that, if it experiences a pullback, we can expect a rally continuation with minor corrections. On the other hand, if the initial market declines sharply, the range...
--- How many of you were prepared for the last 1 hour move today, I assume 90% of traders would have anticipated it. The real wow moment would be if we get to see the unwinding tomorrow. At least till the 43528 levels. We added 331pts between 14.25 to close today, most of which were due to Nifty's resistance crossing or positional trade on Finnifty expiry. The...
As with any option trade there are risks and potential drawbacks to consider before placing such a trade such as the impact of implied volatility and time decay on the value of the option contract. Therefore it is important for investors to conduct thorough research and analysis before making any investment decisions
"Good morning! As of June 20th, the global market is showing a negative start with moderately bearish market sentiment. It is possible that the market might open with a gap-down. If it rejects the immediate support zone after the gap-down, we can anticipate a minimum of a 61% to 78% Fib pullback wave. However, if the gap-down sustains, the correction is likely to...
Finnifty has broken it's long term support and it did retest and it failed to sustain above. so now the trend line will act as resistance. Buy above 19444 target 19489,19513,19555 Sell below 19363 target 19333,19288,19204
Mankind Pharma is looking good to place buy orders with a favorable risk-reward ratio. in the last trading session, it has given the breakout of the listing day high. Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit and loss
FinNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to...
Good morning! As of June 19th, the global market indicates a slightly positive start with bullish market sentiment. It might open with a gap-up. After that, if it rejects the immediate resistance zone, we can expect a min of 38 to 61% fib correction. On the other hand, if the initial market declines sharply, that's a sign of the range market.
Nifty was looking fully loaded to hit a new all time high today, it ended 23 pts short! Probably Nifty50 requires more postmortem than banknifty today, so let us start there! N50 started the day gap-up thanks to the +ve handout from SPX yesterday. Once it reached the resistance zone of 18762, it lost steam and was trading sideways. All of a sudden at 13.55, N50...
Good morning! As of June 16th, the global market indicates a positive start with moderately bearish market sentiment. It might open with a gap-up. After that, if it rejects the immediate resistance zone (fib level 38%), we can expect a correction. On the other hand, if the gap-up sustains, we can expect a pullback continuation with minor consolidation.
NSE:CNXFINANCE fin nifty intraday levels for next week