OFSS has broken out of a great pattern. It had also formed an Inverted H&S pattern and has given a clean breakout with good volumes. Have a long bias
Nifty 50 has been opening with a down gap from two consecutive sessions and today it opened in between Immediate support zone of 21456 - 21349. Shorts might get covered here.. and we see some bounce from here.
"Good morning, friends! Here are the directions for January 18th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment shows a bearish trend. It might open with a gap-down start, as indicated by Giftnifty showing a -160. HDFC Bank's results' impact is still ongoing. Structurally, we can expect a pullback...
Nifty Analysis - Stance Bearish ⬇️ Recap from yesterday “We would like to give one more opportunity for Nifty to hold its ground. We would start the day tomorrow with a neutral bias and wait for Nifty to fall below 21913 to go bearish.” 4mts chart Not only did Nifty50 open 360pts gap-down, but it broke the 21913 support. This was the laxman rekha for us below...
Stock made a Higher High and came down for retracement, Now its in Consolidation, which is expected to be Accumulation. In the current market downfall, CRISIL made made a Bullish Pin Bar in Day TF. Buy will be Active above this PinBar, Best buy for Swing Trade.
A small pullback is expected from the current price and the level around 20,000 will serve as a pivotal support during this pullback phase. This corrective movement is projected to extend until May, coinciding with the declaration of the Lok Sabha election results. The outcome of these elections may potentially act as a catalyst, triggering a breakout and...
As we discussed NIFTY yesterday, "Sideways in the channel if they break to the downside, will turn BEARISH." It opened the downside and gave a very nice bearish moment. For tomorrow, if we look at the chart and OI data, it's a very bearish situation. if we look into OI data PCR = 0.55(weekly) and 0.80(for next week included.) that means monthly is still...
It is forming Double bottom on 1hr and 4hr with harmonics we can plan for new highs. I'm in buys and its great RR trade for me
Adani Grp is in bullish mode. Adani port is at Breakout level. it break major resistance 1000. it can long from here or add more if come 985. it may test 1125 and 1165 soon.
Hello & welcome to this analysis Nifty at the lower end of a parallel channel which matches with the trendline breakout. As long as its above 21575 it could do another ATH towards the upper end of the parallel channel. All the best
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: “Remember how things were looking weak on the 8th and 10th of Jan and how Nifty turned from there? For tomorrow, the bullish stance continues and the first support will be the ascending channel top-line ~ 22050 levels.” 4mts chart Nifty hit a new top of 22124 today and just when everything was going in...
yes bank now rejecting downside 14 levels and taking major support. And heavy Net volume is increasing on everydownside levels @ Rs. 14 So upside move is possible to 20-26 levels.
In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too. Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it! ✅I hope you liked the analysis. Be sure to hit that LIKE. 👍Like | 💬Comment |...
As we discussed NIFTY yesterday, it will be going 22100, and then it will settle there. The market did reach the level, and then, because of resistance there, it reversed back. Again, took support is at a day's low. If we see selling candles had a higher volume than buying candles. That shows the market will be turning bearish soon. We have marked a zone of...
In this video, we'll discuss about Today's Market Analysis in Nifty and other segments too. Also will Discuss about Option Chain. Whether you're a seasoned trader or just starting in the stock market, this video will help you in Learning about Market. Let's get right into it! ✅I hope you liked the video. Be sure to hit that LIKE and Follow button and drop a...
After touching the down trend line (in Red) today, NSE:NIFTY sustained the 21600 level. Also, it broke out from the symmetrical triangle at day end, which is a bullish sign. If it breaks out from the down trend line (in Red) tomorrow and sustains above it, it may be the confirmation of start of a fresh upward leg. If this happens will update the target...
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “Till yesterday, we were looking for neutral trades with a possibility of going down. See how the tables have turned today. For Monday — we need to look out for bullish opportunities now.” 4mts chart Another gap-up of 131pts ~ 0.6% today! It was required to break the channel resistance line. There was...
An engulfing candle on the weekly close is good for the index as it has closed near the new high. The coming week can give a bullish move too. It has started trading above the resistance level of 21800 and closed somewhat 100 points higher after the break out. Major support levels :- 21720, 21600 and 21500 Still market is trading above the break out, either it...