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Indianmarket

NIFTY bounces back! Expected to move in the shown regionNifty - Technical Analysis: -Nifty gapped up above 11400 and took support from the trendline. -Support level at 11400, crossing above 11550 could lead to upward targets of 11700,11750 Market - Driving Factors: -Data after market hours on Monday showed the country's economy contracted 23.9 per cent in the June quarter, much worse than estimates -Nifty settled at 11,491.25, up 103.75 points - or 0.91 per cent - from its previous close. -Shares of metal companies were in focus on Tuesday, with Nifty Metal index surging 3 per cent Nifty - Outlook for Wednesday, 2nd September: Nifty is expected to test the above resistance zone once again, with support levels at 11400,11470. NIFTY reached a high of 11550 intraday but couldn't sustain the levels but buying was observed toward the final hour. Upward move expected to test the resistance zone once again.
NSE:NIFTYLong
by Algokart
2
Titan shifting toward new Vale Area Hello! Friends, I came with new research an idea but, before starting talking about technical Let's share your LOVE by giving me LIKES and COMMENTS. Past the price is consolidate between 930-1030 range from past june. After consolidation between 100 points range its gives a fresh breakout which retest done by yesterday ( I mention point in the chart ) and now price is shifting toward new Value area. If price break yesterday high then we will see price toward 1100-1150-1200 in upcoming weeks. You can add some share of titan in our portfolio Thanks
NSE:TITANLong
by Trading_buddy
Nifty 50 Price Action Trade Setup !Hello! Friends, I came with new research an idea but, before starting talking about technical Let's share your LOVE by giving me LIKES and COMMENTS. Let look toward technical as you see in the chart, The price is consolidation between the same rarea of 100-150 point . For further few days according to my view price will be consolidate between 11300-10700, I am expeccting litle correction in the price because price shout sharpy last week without giving any correction so Somehow i making bearish chart of nifty for target toward 11000-10800-10600. If you dont wanna taking risk by selling future, Then i am suggesting you can Take option (+2x 30JUL2020 11250PE - @₹ 151.95 ) + ( -4x 30JUL2020 11000PE - @₹ 48.7 ) Maximum loss 8 k. Thanks
NSE:NIFTYShort
by Trading_buddy
14
BANK NIFTY ANALYSISThe upper and lower trend lines on the 30 min chart are narrowing for BankNifty. Last week we saw that the range was very tight for the market and it proved to be a good consolidation period for the market, after the post-COVID volatility. The price right now is at the lower end of the trend, and may see a move towards 23,000 again. This has proved to be a very strong resistance and the prices reversed sharply from those levels. If the retest fails, and the price moves lower, we may see 22,150-22,250 towards the end of the week. If 23,000 is broken, the price may move toward the upper trend line and approach levels of 23,400-23,500. Financials have been very weak and the stocks have under-performed in the past couple of weeks. With only a few stocks like the HDFC twins making significant gains. IMPORTANT LEVELS: Support: 22,30 Resistance: 22,750. Like and Follow if you found this analysis helpful. :)
NSE:BANKNIFTY
by ArcherDAVIS
Reliance is back in bullish Trend to make new ATH?As we saw yesterday Reliance took a dip to 1564 region which was Target 1 and bounced exactly form support to break the previous ATH of 1620 and made a new high of 1626.70, which brings back reliance in a bullish trend. As on 16/06/2020 if reliance opens in positive and holds up to previous days gains, Buy Reliance above 1627 with SL of 1623 with a long term target of 1735. If Reliance fails to hold 1600-1595 Short Reliance below 1590 region with SL of 1595 will be the targets will be downside region supports mentioned in the chart.
NSE:RELIANCELong
by yeshuyesh45
INDIA VIXINDIA VIX - An follow-on update In the last two trading days after trading down towards 9100 levels and today morning, Nifty 50 rebounded to trade above but closed below 9350 levels , a failure of NIFTY 50 climbing back to middle of narrower range (9200-9600 levels), from a broader trading range (with lower boundary around 9100 levels and upper boundary around 9800) . INDIA VIX which had jumped earlier, has started declining in line with S&P VIX and we need to watch out for a downward break, if this trend continues. In the short term, INDIA VIX may be lagging or leading indicator for NIFTY 50. Disclaimer: This is not a trading recommendation. I am not a SEBI registered Advisor. Investments are subject to market risks and you may consult your personal investment advisor prior to making investments.
NSE:INDIAVIX
by gvijikum
INDIA VIXIn the last two trading days after trading down towards 9100 levels, today morning, Nifty 50 has rebounded to trade above 9300 levels. We need to see today's close and review, if the NIFTY 50 moves back into a trading range, with lower boundary around 9100 levels. INDIA VIX which had jumped earlier, has started declining in line with S&P VIX and we need to watch out for a downward break, if this trend continues. In the short term, INDIA VIX may be lagging or leading indicator for NIFTY 50. Disclaimer: This is not a trading recommendation. I am not a SEBI registered Advisor. Investments are subject to market risks and you may consult your personal investment advisor prior to making investments.
NSE:INDIAVIX
by gvijikum
2