Finnifty weekly expiry levels Major support levels :- 21130, 21000 Resistance :- 21330, 21500 The market is looking bearish and chance of a gap down opening is there as the closing is around the day's low. On the hourly charts, the market is trading between both the moving averages. A support around 200 ema can be seen. In case of a flat to slight gap down...
The market has reacted to the war situation and has given a fall of around 800 points. Banknifty has taken support from the 20 ema on the daily charts and the support zone around 47740 level. Even on the hourly charts, the market is trading between both the moving averages and chances of taking support around 200 ema is there. Tomorrow is weekly expiry and...
Any hourly closing above (22406 -- 22428 ) could move price upwards to 22492 to 22596 marked on the chart. Closing below 22288 in any hourly candle then 📉 📉 more corrections is possible. 22288 -- 22406 ( no trade zone ) sideways Disclaimer: It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
NIFTY50 (1W TF) UPDATE - 15th April, 2024 Pattern: ASCENDING CHANNEL - Reversal at the top of the Weekly Channel Resistance - Done ✓ - Might expect more of a fall in the Indian markets, mainly due to the US markets sell-off on Friday - Geo-political tensions due to the Israel-Iran conflict might also have some repercussions - Volatility is going to be high -...
looks like Nifty is trying to break the trendline above it. if nifty breaks the trendline, it may be a bullish movement. if it crosses below the 21900 level(support marked on the chart), a bearish movement is possible. Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any...
NSE:NIFTY ◉Technical View ▲The up-trend started to lose its strength a few days back and formed a rising wedge price action. ▲The Rising wedge broke down from the trendline + Neckline and gave a good closing also with RSI confirming the Bearish Structure. ▲2nd confirming structure is double top, I always say location is important more than the structure...
Nifty can do 3 things from here here: form a double top at today's high @22525 and retrace to 21750-21700 move towards the top of the channel @22725-22800 and stay in between 22500-22800. make a breakout and zoom towards 24000 Which do you think more likely?
NIFTY Intraday Trade Setup For 15 Apr 2024 Sell_1- From 22660 Invalid-Above 22710 T- 22500 Bearish-Below 22500 Invalid-Above 22550 T- 22300 NIFTY has closed with a bearish sentiment last week. It has formed a shooting star candle in weekly TF that too in the 2nd leg which I personally consider. There is a strong possibility of NIFTY topping out atleast for...
Nifty Prediction for Tomorrow Trend : BEARISH Sentiment : Positive Expectation : Moderately BEARISH Look for Buy/Sell at Demand and Supply zone for profitable trades. Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support. Refer the chart for detailed Intraday Support and Resistance...
Except the two corrections as marked, NIFTY 50 is on a steady climb towards 23K. Seems like we'll get there before the first vote is cast in the upcoming elections.
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TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk : Reward: 4-5 times.
Nifty 50 Technical Analysis - 10th April 2024 ## Market Overview Nifty 50 is exhibiting a range-bound behavior with well-defined support and resistance levels, providing potential trading opportunities for traders. Monitoring key levels is essential for identifying potential breakout or reversal patterns. ### Support Levels **1. Support Levels:** -...
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📊 DETAILS Sector: Air Conditioners Mkt Cap: 22,900 cr Blue star manufacturers air purifiers, air coolers, water purifiers, cold storage and speciality products. The Company offers turnkey solutions in MEP (Mechanical, Electrical, Plumbing, and Fire-fighting) Projects. It is the largest after-sales service provider for air conditioning and commercial...
📊 DETAILS Sector: Engineering - Industrial Equipments Mkt Cap: 39,919 cr Thermax Limited offers solutions to energy, environment and chemical sectors. The Company’s portfolio includes boilers and heaters, absorption chillers/ heat pumps, power plants, solar equipment, air pollution control equipment/system, water and waste recycle plant, ion exchange resins...
📊 DETAILS Sector: Power Generation/Distribution Mkt Cap: 82,225 cr JSW Energy Ltd and its subsidiaries are primarily engaged in the business of generation of power from its power assets located at Karnataka, Maharashtra, Nandyal and Salboni. It is the holding company for the JSW group's power business. The company also has a JV company engaged in mining...
NIFTY Intraday Trade Setup For 9 Apr 2024 Bullish-Above 22710 Invalid- Below 22660 T- 22865 Bearish-Below 22600 Invalid-Above 22650 T- 22420 NIFTY has closed on a bullish note with 0.68% gain today. Index has picked the trend above our planned bullish level- 22620 discussed in the weekend analysis. Buy triggered above 22620 and gave a small move till 22697....