"Good morning, friends! As of November 1st, there is no significant difference between the last session, and the global market sentiment is moderately bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a neutral to slightly gap-down start. There is a 5th correctional wave, so if the gap-down...
This year, SPX is up 8.84% compared to Nifty50 up 4%. Nifty50 is plotted in USD currency so that the comparison makes more sense. If you also look at the price actions, both the charts are showing good correlation. It will be interesting to find out how Nifty50 will close the 4.84% gap. USDINR is up 0.59% year to date.
BHEL Chart set up - the stock has seen a meteoric run of approx. 14 points from 122 to 136 on 1st Sept 23 and then a 14 point drop back to 125.65 a few days later on 12 Sept 23. - this makes the zone of 122-125.65 a crucial level to watch out for which may potentially act as resistance zone - on the down side 63 day EMA is around 118 - recent closing low of...
Nifty analysis for Ist Novemeber 2023 for educational purpose This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI...
Nifty Analysis Recap from yesterday: “Even though we added 93pts today, I have still not changed my stance to bullish. 19226 is my first level to watch out which coincides with the 38.2% retracement level of the recent fall. Then the most important zone of 19310. Ideally, I wish to go long only if the 19310 resistance is taken out.” The open (19233.7) was quite...
Nifty important levels to watch are as follows #Support: 19145 Sell below: 19145 only on 15 minute candle closure below the level. Target 1: 19100 Target 2: 19020 #Resistance: 19233 Buy Above: 19233 only on 15 minute candle closure Above the level. Target 1: 19285 Target 2: 19360-19370 => # Remember each level will act as a support and resistance...
"Good morning, friends! As of October 31st, the global market sentiment is moderately bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a neutral to slightly gap-down start. After that, if a pullback occurs, we can anticipate a continuation of the pullback. On the other hand, there is a sub-wave 4th...
Nifty has been quite bullish for past 2 days after a long fall. but it seems it has a resistance to upside now as shown in the chart. It might move to the 19250 and then have some consolidation. Reason: 200 EMA Resistance (Good Resistance) Price Action Resistance (Red Zone upside) Price > (13,50) EMA (shows bullishness) EMA(13,50) Crossover (Bullish) ...
AS WE CAN SEE THAT NIFTY HAS TAKEN GOOD SUPPORT @18850, REMEBER ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION. ADDING MY ANALYSIS LEVELS FOR 31 OCT,23 BELOW FOR NIFTY FUTURES: LONG PLAN >>>>> 🐂 - 19277 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL) - R1: 19333 - R2: 19388 - R3: 19450 SHORT PLAN >>>>> 🐻 - 19166 (I WILL WAIT...
Its Helpful & Useful For Freshers, Newers & Beginners Of Trading... Learn & Earn With You Own... Nifty Spot Price : 19140.9 - India Vix Spot : 11.49% - Nifty Daily Range : 19026 To - 19256 See My Reversal Target Level - Long Wick Is Shown Only. The Reversal Trend Is Activated. OtherWise Leave It. And Achieve The Target Point. Second By Second Change The Trailing...
Its Helpful & Useful For Newers & Beginners Of Trading... Learn & Earn With You Own... Fin Nifty Spot Price : 19241.4 - India Vix Spot : 11.49% - Nifty Daily Range : 19126 To - 19357 See My Reversal Target Level - Long Wick Is Shown Only. The Reversal Trend Is Activated. OtherWise Leave It. And Achieve The Target Point. Second By Second Change The Trailing Stop...
Nifty Analysis Recap from yesterday: “A simple Fibonacci level places the 23.6% retracement level at 19083 and 38.2% at 19227. Ideally, the bearish trend could still be intact until 19227 but the problem is that we cannot predict with certainty if that would come in this weekly series or not. For Monday, I wish to go with a neutral stance and choose the direction...
Nifty levels Support :- 19070, 19900 Resistance :- 19250, 19400 Market move in a lower low lower high formation in the bearish trend. First leg was formed after creating a ATH and after that it consolidated and now it has formed lower low. This leg is for a retest and another bearish move can be seen. Keep in mind the festive buying will also be there. Look...
Nifty analysis for 31st October 2023 for educational purpose This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered...
Nifty important levels to watch are as follows #Support: 19015 Sell below: 19015 only on 15 minute candle closure below the level. Target 1: 19950 Target 2: 19880 #Resistance: 19080 Buy Above: 19080 only on 15 minute candle closure Above the level. Target 1: 19160 Target 2: 19200-19230 => # Remember each level will act as a support and resistance...
"Good morning, friends! As of October 30th, the global market sentiment is bearish, as indicated by the Dow Jones. Our local market is also showing a moderate bearish trend. It may open with a neutral to slightly gap-down start. Structurally, we can expect a minor correction ranging from 38% to 61%. After that, if a pullback occurs, we can anticipate a range-bound...
AS WE CAN SEE THAT NIFTY HAS TAKEN GOOD SUPPORT @18850, REMEBER ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION. ADDING MY ANALYSIS LEVELS FOR 30 OCT,23 BELOW FOR NIFTY FUTURES: LONG PLAN >>>>> 🐂 - 19200 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL) - R1: 19266 - R2: 19333 - R3: 19388 SHORT PLAN >>>>> 🐻 - 19070 (I WILL WAIT...
Nifty has given a green candle after a fall of more than 3% in the week. It is given a retracement after the fall and the fall may continue as global sentiment are also showing negativity. Moving averages are also showing bearishness as nifty has closed below Weekly 20 ema but took support from daily 200 ema. If the daily level is broken, selling may...