- IMO Nifty is in a sweet zone to look for shorts
- 50-100PIPS SL looks fair enough
- Nifty has many imbalances and FVGS to fill
- The trend has just started fading very soon it should show an impulsive move towards the downside
Good morning, friends. Directions for December 13th: The global market sentiment is bullish, supported by the Dow Jones. However, our local market sentiment shows a moderately bullish trend. It might open with a neutral to slightly gap-up start.
Structurally, it's a range market. However, if the market breaks the immediate resistance with a solid structure, then...
As we discussed yesterday, Nifty gave a breakout to the downside and took support near 20850. but as the pressure of the selling was quite good, the volume increased at each candle after the Breakout. We can expect more fall tomorrow.
Reasons:
RSI < 40 (Bearish)
Bearish engulfing candle at Day-Timeframe. And it's forming at the all-time high top of the...
Nifty Analysis
Recap from yesterday: “For tomorrow also I prefer to maintain the bullish stance. If we are unable to build momentum and Nifty is falling to the 20900 levels then I may have to change the stance to neutral by the end of the day.”
4mts chart link - click here
Even though we had a gap up opening, the same did not sustain and the round of selling...
DLF a champion in the real estate sector is resting to take the big move on either side......
Lets catch the move...... and learn that
Keep Learing with NG!!
NIFTY is now at extreme level of high it can be fall anytime
and there is a trend like which got 2touch so it can come back to take 3rd touch for go up higher than higher or fall deep than never expected 18000 so it have to take a support on the 3rd touch
happy trading ❤
Nifty Analysis
Recap from yesterday: “On the 63mts TF, The uptrend stays intact. BankNifty has resolved the directional doubt on the upside which may impart more strength to Nifty next week. How high can we go — I am not sure. I wish to continue with my bullish stance till proven wrong.”
4mts chart link - click here
The opening candle was quite shaky, we had a...
Nifty important levels to watch are as follows
#Support: 20930
Sell below: 20930 only on 15 minute candle closure below the level.
Target 1: 20885
Target 2: 20850
Target 3: 20800
#Resistance: 21010
Buy Above: 21010 only on 15 minute candle closure Above the level.
Target 1: 21050
Target 2: 21095
=> # Remember each level will act as a support and...
IGL is currently trading at a filtered demand zone
- From a Mid-Term perspective I am very bullish on this
- Accumulation Zones - 380-395
- SL shouldn't be more than 2-4%
This stock has broken out of 3 month strong resistance zone.
Stock name: India Bulls Real estate.
Current view is bullish with expected swing trading target around 112 which is weekly resistance, i.e. around 18-20% from current price.
Financial Performance:
-Total revenue from operations grew by 33% compared to the previous year.
-Net interest income increased by 83%.
-Net interest margins remained above 3% for two consecutive quarters.
Highest ever quaterly and yearly results.
Target: 1st target 570
2nd target 660
3ld target 780 ATH level.
Warning:- Please note that...
As per chart, Nifty has given triangle pattern break out. It was Retested triangle pattern support and successfully bounced from19250. Nifty also break all time high 19995 which is bullish sign for considerable gain now. It may consolidate here and then resume it's upward journey towards 21320 and 23320 soon.
As we have been discussing in our last post, NIFTY's bullish momentum has performed as we discussed. Now, NIfty is facing resistance, as can be seen on the chart. It's still forming a higher High. But it is not able to make a higher LOW, which shows the weakness in the bullish trend. In the OI data, we can see that 21000 is showing huge resistance.
I am expecting...
Nifty Analysis
Recap from yesterday: “Tomorrow’s RBI’s meeting @ 10.00 AM is going to be a decider — no level of technical analysis can predict when there is a news flow expected. I wish to maintain my long stance as of now although it’s itching to go neutral.”
4mts chart link - click here
Nifty had a gap-up opening and because of that, it defended the ground....
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Ascending Triangle Pattern
📌 Symbol/Asset: VOLTAS
🔍 Description: Stock is in a Ascending Triangle Pattern.
Prices should cross 910-920 for further upside.
If stock not able to cross the resistance then we can see fall upto 770 levels.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or...
This stock has broken out of 50 EMA and making a short term breakout of 2-3 weeks.
EMA: Stock is above 50 and 200 DEMA.
MACD: positive
Volume: Above average.
Current view is bullish with expected swing trading target around 10-12% and is very decent target for swing trading.
"Good evening, friends. Directions for December 8th: there is no significant difference from the last session. The global market sentiment is moderately bullish, supported by the Dow Jones. However, our local market sentiment shows a bullish trend. It might open with a neutral to slightly gap-up start.
We have an RBI monetary policy announcement tomorrow; the...
