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Indianmarket

Nifty Election Impact starts? Nifty again ready to take over all the losses and now targeting for the new high. With our previous hits in Targets. Nifty is now target for a new high at 12239 levels. With the release of Exit Polls (Survey), Sgx Nifty has crossed 11730 levels shows a wide gap up opening thus increases volatility in the market. Further on technical fronts lots of greed is going up with the support of 11100 levels nifty has closed above 11400 as recovery.. Now the prominent resistance levels to look at will be 11560, 11618, 11780, 11830, 11945,12035 12140 and 12239-12246. Keep Cautious with its move...
NSE:NIFTYLong
by UnknownUnicorn3503085
Bank Nifty Weekly Analysis 3Here is my analysis for coming week. I would suggest be careful on coming Monday as only 3 days of trading this week, Market would be more volatile this Monday. TIPS - If market open gap up, be careful and trade only if it creates a candle (after confirmation) above 30400 to R1 (shown in chart) - If market opens gap down, it could easily go down 70-100 points or maybe more If it goes below S3 and S4, Then we will see a big downfall. Personally, I feel like market would go up. It is a temporary pull back after a 2 days long and +500 point movement. You could go and check my previous posts and confirm my analysis success rate and confirm it by yourself :) Please like, follow and leave your feedback. Thank You, Happy Trading Disclaimer: I am not a registered broker or analyst these are only my opinions based on current market and I am not responsible for anything based on my idea. Do your own research before trading.
NSE:BANKNIFTY
by hey24sheep
USDINR UpdateHey Guys, USDINR looks good for trade, currently on the weekly resistance zone and most probably it's going to go down from here(decision on Crude Oil on 3rd May is going to also impact it). There are 2 scenarios I have plotted in the charts 1. reaction in the upcoming months from the similarity of historical candles 2. From the combination of support resistance and Weekly charts RSI, It looks weak on the weekly chart so most probably can break the lower support level. This is just my point of view, not financial advice. Feel free to share your views. Thank You
Short
by aman12
BANKNIFTY Don't overlook the BLUE channel, which is still activeThe Gravitate price is being played such as magnet which has a yellow color with a number (0) to (8) . If you see it closely from left (0) to (8). We have seen selling and profit booking with high of 30058 which is also written by me. price is going to hit at "blue-channel-line" which is the point at 29387. I have written yesterday: Don't overlook the BLUE channel, which is still active. Therefore, the blue support line pushes BankNifty price to upside 29387 nearby. Click here to see more about yesterday what I said. Formed bearish candle which resembles a 'Dark Cloud Cover' on the daily chart. The important event of next month. Below conclusion is from the daily chart: If weekly close makes slightly higher then today price the continuation of the trend is possible till 32500 any reversal on daily one can look for a fresh entry for next move up. Daily chart credits go to @I-Fund-Trader
NSE:BANKNIFTY
by Trade-Technique
7
Short at higher and magatic target is at control price for NIFTYThough nify price is rotating in a tight range, yet any resistance from above can play an important role for the seller. Last Friday, I suggest buying BANK NIFTY PUT of strike price 29500, 39-43 for target... I suggest sell NIFTY above the value high and buy below value below . As per this statement, green drew "control price" will be a target for a seller and a buyer. As a trader must look to trade when the market imbalance. Expecting again tight range for Monday trading, because there is not important news. ------------------------------------------------------------------------------------------------------------------------------------------ Following below points are important for Traders : WPI inflation and Balance of Trade data for March will be announced on April 15. Monetary Policy Minutes of MPC meeting held earlier this month will be released on April 18. Foreign exchange reserves for the week ended April 12 will be announced on April 19. 2019 Lok Sabha elections will continue to be a key factor to watch out for as it will decide which party will rule the country. The risk is rising for taking fresh trade at higher zones.
NSE:NIFTYShort
by Trade-Technique
11