These Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking...
1. Trend Analysis: Adani Power has been in a continuous uptrend since April 2023, forming higher highs and lower lows. This is indicative of a bullish trend, suggesting that buyers have been in control. 2. Moving Averages: The 30-day Simple Moving Average (SMA) and 50-day SMA are acting as significant supports, confirming the bullish sentiment. These moving...
Technical Observations: Moving Averages: The Nifty index is currently trading below both the 30 SMA and 50 SMA on the 75-minute chart. This indicates a significant weakness in the market, as the shorter-term (30 SMA) and intermediate-term (50 SMA) trends are both bearish. Key Support Level: The market is currently trading below a crucial support level of...
- HDFC BANK is currently trading 6.8% from my previous short analysis - HDFC Bank can soon present a bullish scenario grab some orders and then flush out all the FOMO buyers - IMO 1100-1250 is a very strong demand zone for HDFC bank - HDFC bank can soon present an opportunity to bag it at cheap price - I am still heavily bearish on HDFC - Demand - 1180-1260,...
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: “We broke the 21491 support by 12.24. Just look at the strength of the candles today — 5 RED candles followed by a Doji. Our stance changed from neutral to bearish as soon as the support was breached.” 4mts chart The open was perfect - a good gap-down followed by selling pressure, but the 2nd candle gave...
Nifty on weekly and daily time frame has formed a engulfing candle and chance are there of market going down if it breaks below 21500 level for intraday. It has been taking support from the daily 20 moving average and rejection from 50% fibonacci level. If market tries to move up side it will hit the resistance levels of 21800. In case the level is crossed and...
Indus tower is close to a breakout and is showing a good support of volumes. The stock has already crossed the levels once today and is expecting to move upwards. Targets are 270, 298, 320, 335, 370, 415 respectively Only for educational purpose Do your own research
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 |...
IFCI is in bullish mode it break resistance level 26 with volume next target 33 and 41.
Banknifty form double top pattern. If weekly close come below 47480, It may show more down side up to 46350.
- The FMCG Update followed my path exactly as planned - Now what do we do? - Kindly stay fiat or cash and understand that being a Perma Bull in this market won't help at all - If you want to invest long term wait for a major crash
#NiftyReport #FIIDIIData Jan 23, 2024 Cash FII -3115 ↓ DII 214 ↑ IndexFut 186 ↑ StockFut 659 ↑ IndexOpt -2765 ↑ StockOpt 399 ↑ CE 7 ↑ PE -36 ↑ 🔺#GIFTNIFTY 75 (0.35%) #Nifty50 View @TradeIPL StockInFocus #HDFCBank
Thermax is at a strong support level, and a positive sign appeared in the weekly chart closed with hammer pattern candle. Plan to keep it for 1-2 months. 📈
Petronet looks good at the bottom. Targeting 30% from here. Positional call. 🚨DYOR 🚨SL must, it depend's on your risk appetite
According to our past discussion, NIFTY had a bearish nature for a couple of days. It had a nice fall today. If we look at the chart, it has broken the HNS Neck to the downside with huge volume pressure. The market might continue to be bearish in the coming days. If we look at chart 21025, the next support point can be set as target 1 and 20791 as target 2...
Nifty Analysis - Stance Bearish ⬇️ Recap from yesterday: “Nifty was unable to get into the ascending channel despite results from RELIANCE and major banks. We suspect some weakness is haunting N50. It could completely be news/event-driven or related to the build-up for the budget session. The selling figures from the institutions may be because of this. From a...
#Nifty "Nifty had a sharp correction. structurally, it might be in a 'C' or '3rd' wave. So, if the market opens with a gap-down, then the correction will likely continue. After the correction, if the market takes support around 21,159 or the Demand zone, we can expect a minimum of a 23% to 38% pullback wave. However, if it doesn't take support, then we can expect...
Amid the all fears of Rising crude oil prices, Fed hiking rates, Rising US treasury yields with no sign of inflation being in control or Rising Dollar index. There is no doubt that bearish sentiment has prevailed among many retail people. But one thing cannot be denied that Indian market has stayed more defensive compared to global markets. One pattern that I...