As we can see NIFTY can be seen getting rejected exactly as we analsyed in our previous analysis an exactly from our given levels of 18400-18450! Now we can expect NIFTY to remain sideways to negative in coming days and might test 18200 levels in coming trading sessions before continuing its bull run
As we can see NIFTY has shown a strong uptrend after taking support at the previous acting resistance levels now it is seen heading towards its next hidden resistance which can be seen around 18400-18450 levels and nifty did close below the given levels hence the first half of nifty would be really important as if NIFTY opens strong but fails to sustain above...
As we can see NIFTY exactly took support at our given levels and started to move up as we analysed in our previous NIFTY analysis and we also discussed of keeping our long positions intact till it breaches and sustains below 18170 levels! Since not much of action has taken place as of now, hence our view remains intact of buying on every dips till our levels are...
Hindustan Unilever can reach to ₹3000 because of following reasons :
1) stock is a monthly pullback
2) stock is monthly demand
3) stock is reacting positively to monthly demand
Nifty Prediction Tomorrow:
BEARISH view with Negative Sentiment
Nifty is falling under high selling pressure, as per Global cues most likely to Open Gap down / Flat.
There is Strong resistance zone at 18319 level is where we can anticipate our SELL entry or PDL is where we can take SELL Entry for Lower side Targets.
BULLISH only if sustains above 18350, BUY...
As we can see in the chart it tried breaching 43600 mark and made a high around 43700-750 but failed to close above the given level which would have then assured the upcoming bull run but as of now we can still see BANKNIFTY to remain sideways to bearish in coming trading sessions
As we can see NIFTY has finally broken and sustained above our given level and hence we can possible witness a start of new trend which is uptrend can be seen. Hence for now till NIFTY is sustained above 18170-18200 we can expect NIFTY to continue its rally
Wonderla had given weekly breakout of IVHS pattern almost 1 week back and has consolidated from then.
Today, it has given breakout from ATH and looks bullish for a swing as well as a positional trade.
As we saw BANKNIFTY had been sideways to negative the whole day as we analysed in our previous post! We can still see BANKNIFTY being sideways to negative in coming trading sessions unless BANKNIFTY closes above 43600 and sustains above given level hence unless it sustains above given level it can remian sideways to negative
MRF: The counter is set to become the first company to kiss 1 lac figure/ share
the counter is in a visible uptrend and has strong support at 93000-94000 ZONE
and as long as it holds support areas, it is likely to move beyond 1.10 L
As we can see BANKNIFTY had been bullish to sideways throughout the day as discussed in the past analysis ! Now we can see the candle formed today is in more like inside candle type formation hence we might see a big trending day coming up if either of levels is broken hence if BANKNIFTY breaks 43600 mark and sustains above given level then we can see a new ATH in...
As we can see we had been analysing past few weeks that despite the bull run we are expecting some weakness and rejection in BANKNIFTY and expected a rejection around 43600 levels and we did see exact rejection from that very level and fell more than 1000++ points in just 2 days hence we can expect more of downfall till 4200 which is a psychological level for...
DXY or the Dollar Index, the index to measure the strength of Dollar is considered to be the king of all charts, as most of the financial instruments are very much correlated to the DXY.
Not just forex markets but stocks, cryptos and even commodities are correlated to the Dollar.
If DXY Falls-> Cryptos, Stocks, Commodities, Precious Metals and some Forex pairs...
