Nifty Ends Above 22,000 today, For First Time. Time to be cautious? The setup for 2023 was very powerful as its previous calendar year witnessed only 10 new 52-week highs, while for 2024, its previous calendar year saw a staggering 29 new 52-week highs. Today markets opened at new lifetime highs marking the second new lifetime high in just 15 days of calendar...
I am Looking next move in this form in upcoming days.. lets see how it forms ..
NSE:NIFTY the movement, first let's talk about the weak points, NIFTY IT and NIFTY CEMENTS are the one which looks bearish to sideways, Most of the market correction was due to NIFTY IT, however the IT stocks got retraced a lot and also many of them are standing on some support levels and out of them TCS was the strongest IT stocks Now cement was also the one...
Good Morning, We hope that you still remember one of our magical level of 17360, which had earlier been stated as a “crucial level of support” for the index. Well, now the same level will work as a level of resistance for the index. Moreover, just as we have been stating these days, similarly Nifty did prove our prediction to be right on the mark, as it has...
Nifty is trading at support levels on weekly charts. 1. If Nifty breaks & closes below the trendline support may indicate loss of upward momentum (from Dec'20). 2. If Nifty breaks & closes below previous swing low of 17613 on weekly basis (previous swing low), it will confirm down trend with targets of around 16000-16200 levels 3. If Nifty closes above previous...
The daily right side is down with a bearish sequence & the 4 hour right side is down with a bearish sequence against the 12/13/2019 highs at 1.3522. While above 1.2162 the pair can see some further strength to correct the cycle from the 12/13/19 highs. While below there expect the pair lower.
Disclaimer All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial...
Bhel Looks Portfolio Stock Because • Positive Divergence (RSI) • Timing wise already consumed 12 years which is more than 7-8 years rally from bottoms of 11 to 390-400 zone going into 2007-2008 Financial Crisis Period • Key Reversal Candle from lows of 40’s is confirmed recently. Short term Trading Strategy Plan A - Buy above 61 for 77-80 Target zone ...
Hi All, It is Oct Expiry 2019. As updated in the status few mins back. Traders to be careful below 11880-11900 zone. Bearish Bat harmonic Pattern Triggers Below 11880 Target Downside - 11500 / 11090 / 10700 ---------------------------------------------------------------------------------------------------------------------------------- Last Idea -...
Disclaimer All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial...
Trading Strategy Plan A -Risky Traders Sell Call Going below 11375 only- put strict stops above 11390 & look for 11350- 11280/11290 Plan B – Buy Above 11400 strict stops below 11375 for 11450-11460 / 11590-11600 / 11700-11725 / 11900-11925 Plan C - Only above 11980-12000 we shall look for 12200-12300 target zone Last Video Idea Is 11461 the...