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Longtermanalysis

Nifty going to make new all time high soon | Nifty soon @ 20200+Hello Traders. Nifty is doing well since 2 days, Today also it has done well, and closed above 19800 which is positive sign for nifty. On weekly timeframe nifty has formed long bullish candlestick pattern and before to that we have seen a hammer pattern. All these indicating that Bullishness has come back in market, and market is ready to fly. We have seen recent low on nifty around 19343, that can act like strong support zone in near term. Well if nifty take u turn from here, then it can take support at 19650 levels. And that area will be really good for taking entry in it. Well you guy's can start accumulating from here only. Well any decisive move above 19800 can take nifty sharply above 20000+. If i talk about monthly open interest data. Then Maximum call open interest is available at 20000 strike, followed by 19900 strike, and the maximum put open interest is available at 19600 strike, and followed by 19800 strike. So if you guy's get levels around 19650-19700, take it and then place your stop loss at 19358 levels. Target i have already mention on chart. Important levels for Nifty:- Near term support zone 19650 Strong Support Zone 19350 Near term resistance zone 19900 Strong Resistance zone 20000 Start buying from current levels and accumulate more if you get lower levels towards 19650. And then hold and sit tight, nifty will be ready to fly towards 20200+ levels in coming few session. We might can see follow up buying in index if we don't see any negativity in market. So start buying little little from current levels.. Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou
NSE:NIFTYLong
by TraderRahulPal
InfoBeans Technologies LtdInfoBeans Technologies Ltd is primarily engaged in software development services, specializing in business application development for web and mobile and operate at Capability Maturity Model Integration (CMMI) level 3. Key Clientele The company's clients include companies like American Express, Wework, amazon, Viatech, IQVIA, ALM Media, CoAdvantage and others.The company added 14 clients in FY21 compared to 28 clients in FY20. It caters to 16 Fortune 500 companies. In FY21, USA accounted for ~94% of revenues, followed by Europe (3.3%) and Middle East (2.7%). Its main offices are located in Indore, Bengaluru, Chennai and Pune in India. Accordingly in those days IT sector in the crucial stage and facing like recession as well but I notice the Financial report of this company it shows amazing results and mukul agarwal took a big Stake currently in this company and promoters also having 75% stake. DISCLAIMER - IT'S MY STUDY PONTS NOT ANY RECOMMENDATION. THIS IS ONLY FOR STUDY PURPOSE.
NSE:INFOBEANLong
by EQUITYBROKER
LIC LISTING DAY UPDATE : SHOULD YOU HOLD IT OR SELL IT ??Hello !! Welcome to the quick update of LIC INDIA share, one of the biggest IPO that was listed today morning. Even after a lot of hype and huge market share, LIC IPO was not given much importance by the investors. The IPO was listed at a discount of around 9% at Rs 872. The retail investors got the gains as the IPO was provided at a discount to them. However, we saw some buying at the Rs 872 level, pushing the price all the way up to Rs 918. As of now, with the 1 min timeframe chart, I can see the stock can touch up to Rs 941. LIC may be a good stock for long-term buying. As of now, we need to wait for a clear picture. Let's see how the market responds by the day close and we can take a possible entry if we see some positive response. This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
NSE:LICI
by ScramblerG
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