Nifty opened with a minor gap up and we again saw the rejection near the 15900 zones which is updated in the group in the morning. Nifty can again go towards the lower range 15650-15600 if it breaks that zone we may see 15450-15400 in upcoming trading sessions.
Expectations for Tomorrow: Range-bound day.
Buy Above - 15800
Sell Below - 15700
Why was it selected❓
🔹Technically looks good.
🔹Funda almost good.
🔹Company is almost debt free.
🔹Breakout above 132.Forming ascending triangle & 130-131 range acting as a good resistance.
👉Entry possible,but it’s not a buy recommendation.Study well🙏
ABOUT THE COMPANY🍂
Gabriel India is part of ANAND Group. From being...
MARKET ANALYSIS AND PREDICTION FOR 27.07.21 (TUESDAY ) EXPIRY ON 29 JULY
* NIFTY 50 *
1ST SUPPORT AREA : 15769.00-15786.15 | 1ST RESISTANCE...
First step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
Nifty 50 : Trend is Up - Buy on dip ( see video for details )
This video is only for educational purposes. Please consult your financial advisor before you take any trade
This video link below box is all about my understanding with the movement of price in the stock market. You will find it quite helpful in your trading just check it yourself and decide.
<> If open is above or below "NO TRADE ZONE" (15700 - 15750) then the "RESISTANCE" or the "SUPPORT" is the immediate target.
<> If the open is flat ~15740-50 and movement is bullish then ride the trend with the open as SL.
<> If the open is flat and movement is within no trade zone then do not enter as it leads to consolidation or sideways movement.
Nifty View: A disappointing close from the benchmark Nifty index in today’s session - down 85 points to post a close at 15,734. This fall reverses the short term trend of the index DOWN and back to the support zone close to 15,650 which has so far worked well to hold up most sell-offs. Now, will it be able to hold up the index this time? My guess is as good as...
If Market open flat then definitely it will take support at 34653 you can go long for 100-120 points
if Market open gap up or gap down avoid trade between this level only trade on major support level 34408
Market still in confusion let take them correct direction.
Minor Support level:- 34653
Major s Support Level:- 34400