NIFTY 50 EOD ANALYSIS -20-09-21
O / H / L / C
17443.85 / 17622.75 / 17361.85 / 17396.9
H-L = 261 points
VIX 17.49 / +14.84%
FII DII: -1534 Crores
SGX NIFTY at 1940h - 17427 +54 points
Likely open: Flat to mild positive. A lot depends on how the US markets end.
CHART BASED CONCLUSIONS - 15 Minutes Chart
A gap-down straight to the FIB support...
KOTAKBANK - currently trading below 50, 100,200 EMA's.
If sustains on current level- we can see bounce back to 1760 levels.
Next support 1667 and further 1624
Please add to watch list and spend time on own analysis before trading.
AAVAS -- Looking weak , breaking trend line with huge volumes,
Trading below monthly CPR levels & also below 50/100 EMAs.
Possible bounce back 2240, if breaks - may test next support level 2060
If weakness continues next target 1760.
Please spend time and do own research before investing.
BRITANNIA - looking strong above with good volume - wait for current breakout sustaining at current levels.
Current trend will take to 4000 levels
Wait for pullback and and breakout and can go for long term.
Incase if breaks 3800 and sustains below - BoF - can go for short term.
Add to watchlist and trade as per your study.
These are potential trades given by you guys only in the comment section :) also, some are my findings
Update on Bajaj finance and Reliance is given inside the video
NO intraday analysis for today only swing based
Nifty energy seems bullish so we took 2 stocks into consideration for that :)
Torntpharma: From past 6 months trading in a parallel channel - trading baove 50/100/200 ema's
Bounce back after testing 2854 low & currently taking support from lower channel, 50 & 100 EMA's.
However 2952 and 3020 will be strong resistance levels based on previous history.
Watch these levels - Incase if any correction in NIFTY and Torntpharm breaks...
If tomorrow market opens flat then go long if the market takes support 16230 if this level break then go short for 20-50 Points
If Market Open gap up and breaks yesterday high and sustain go long otherwise go short if 15 red candle low breaks
If Market Open gap down above 16180 then go long if faces resistance then don't trade only go long if buy signal...
Hi All,Nishant Bardoloi here.
I am a full time Musician,Architect & a Trader.Here is my analysis of Kotak Mahindra Bank.
This is how I am predicting the move of Kotak Mahindra Bank in the coming days & Months.
Final Target 2k in the coming months.
I am bullish on Kotak Mahindra Bank.
This is not a trade recommendation.Buy at your own risk....
Hi All,Nishant Bardoloi here.
I am a full time Musician,Architect & a Trader.Here is my analysis of Maruti Suzuki.
This is how I am predicting the move of Maruti Suzuki in the coming days & Months.
Target 8k in the coming months as auto sector will start reviving once lockdown is lifted.
I am bullish on Maruti Suzuki.
This is not a trade...
TataSteel BSL is ready for a breakout after a rally in metal sector started!
Breakout in Metal Sector.
Breakout with fresh volume
Targets are based on charts.
Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.