Good morning! As of May 26th, the global market indicates a negative start with a moderately bullish market nature. There may be a gap-down at the beginning. Structurally, the ABC correctional structure has finished. It is the first pullback for the next cycle. If it rejects major resistance or the gap-down sustains, we can expect a second wave. It shouldn't break...
On 30 Minutes timeframe FINNIFTY is trading in between wedge patterns. Currently, it's trading near the support level. If Reversal Can go up to 19375+ Target If Breakdown, THen Can go up to 19000 level
Good morning! As of May 25th, there are no significant differences compared to the previous day. The global market has shown a negative start with a bearish market nature. There may be a gap-down at the beginning. After that, if it consolidates or breaks the major key zone, we can anticipate a continuation of the correction. On the other hand, the ABC structure...
Good morning! As of May 24th, the global market has shown a negative start with a bearish market nature. There may be a gap-down at the beginning. After that, if it sustains, we can anticipate a continuation of the correction. On the other hand, if the market sharply pulls back at the start, we can expect a range market to pull back consolidation.
FINNIFTY is range bound since last couple of Days and may either give breakout of 19470 resistance or breakdown of the support line on which it has taken support for Four times.
finnifty is continuing in triangle pattern and it is yet to break long support trend line. If it breaks the trendline support at 19377 then possibly it can go 19089 level. If it takes support at 19377 level and bounce back then possibly finnifty can be in the range bound or it can go 19589 level. don't be bullish or bearish. Trade with the market direction BUY...
Today's price action on the 3 indices NSE:NIFTY , NSE:BANKNIFTY and NSE:CNXFINANCE were conflicting due to which none of them really went anywhere. NiftyIT had a down day that doused the fire in Nifty50 to break-through the resistance of 18419. Similarly Finnifty was unable to get past 19421. From the start there was huge shorting on banknifty on CE side...
Good morning! As of May 23rd, the global market has shown a neutral to slightly positive start with a moderately bullish market nature. There may be a gap-up at the beginning. After that, if it sustains or if the market sharply pulls back at the start, we can expect a continuation of the rally with minor consolidation. Additionally, Nifty is currently exhibiting a...
In Fin Nifty Upper side 19600 is Important Level and Lower Side 19200 is important level. Previous day FinNifty has closed @ 19385. Today FinNifty trades in range and small movements. Check Previous Day Level Performance and comment. For any Feedback and Suggestion, please free feel to message us. Disclaimer: Content shared on or through our digital media...
Let the market come to these levels and make a range or retest and then see where it goes. See the movement in small timeframe.
Finnifty Analysis for Tomorrow: Trend - BULLISH Sentiment - Positive BUY for Target of 19460 / 19520 (Being expiry day, take entry after 1:30 Pm its the best timing for Expiry day trades) Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support. Refer the chart for detailed Intraday Support...
Good morning! As of May 22nd, the global market has shown a negative start with a moderately bearish market nature. There may be a gap-down at the beginning. After that, if it sustains, we can anticipate a range-bound market or a continuation of the correction. On the other hand, if the market sharply pulls back at the start, we can expect a continuation of the...
In Fin Nifty Upper side 19460-19485 is Important Level and Lower Side 19200 is important level. Previous day nifty has closed @ 19420 @ Near downward Trendline. Disclaimer: Content shared on or through our digital media channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own...
NSE:CNXFINANCE Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price...
finnifty is forming a bullish flag pattern. BUY Above 19357(FINNIFTY 19300 CE) Target 19399,19431,19465,19497 SELL Below 19212 (FINNIFTY 19150 PE) Target 19147,19089,19020
Good morning! As of May 19th, the global market has shown a positive start with a moderately bearish market nature. There may be a gap-up at the beginning. After that, if it sustains, we can expect a pullback continuation. If it rejects in the immediate key zone, we can anticipate a range market or a correction. On the other hand, if the market declines sharply at...
Good morning! As of May 18th, the global market has shown a positive start with a bearish market nature. There may be a gap-up at the beginning, and there is a possibility of a sub-wave 4th. So, if it sustains, we can expect a minor three-wave structure. After that, if it rejects in the key zone, we can expect the 5th wave on the downside. However, the minor...
I will be looking to open long positions in finnifty in upcoming trading session, aim for longs will be 19500