"Good morning, friends🌺! As of November 30th, the global market sentiment remains bullish, supported by the Dow Jones. However, our local market exhibits a significantly bullish trend. It might open with a neutral to a slight gap-down, considering the GiftNifty value at -10.
Structurally, it appears to be a range-bound market. Even if it opens with a gap-up or...
Gift Nifty is indicating a flat opening, Nifty again gave a bullish closing yesterday and if Nifty sustains above 20120 we expect to see another leg of upside towards 20160 and above levels. On the other side, if we selling from upper levels and Nifty fails to hold physiological level of 20000, we may see further down move.
Expectations: Volatile Day
Intraday...
Nifty has been on an excellent bull run with good pullbacks and retracements for well over an year now.
Today , Nifty reclaimed 20000 mark once again and the real question is what will happen next?
In this educational article, lets decipher what is likely to happen in the month of December.
Analysis using Fibonacci Retracement:
Here is a snapshot of...
The FASP for Nifty is listed for 30-11-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
This research is based on the past data and rend of the market how the react at that points/ levels.
we are considering days wise research,
Valid for upcoming days (whole Novemberand mid of December2023)*until unless any big movement in market,
leave 1 new high in market 20450-500
level 2 20250
"Good morning, friends🌺! As of November 29th, the global market sentiment remains bullish, as indicated by the Dow Jones. However, our local market shows a moderately bullish trend. It might open with a slight gap-up start, considering the GiftNifty value at +60.
If the gap-up sustains, then we can expect a rally continuation with minor consolidation. On the...
As we discussed yesterday, nifty broke the triangle range area and moved to the bullish zone. Now, it's likely that the momentum will continue to the upside till the next resistance level of 20000.
Reasons:
RSI break level 60 to upside now in bullish zone. (Bullish)
Triangle breakout to upside target is hight of the trangle. (Bullish)
Price > EMAs...
Nifty Today Analysis
Recap from yesterday: “I still continue to hold on to my long position just that I added some protection with 20000 PE buy in the last minutes of trade today. Not because I wish to change the status to neutral, but to offset the OTM PEs shorted today. Most of them were full of air today as the movement would have spiked up its implied...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Nifty Analysis
Recap from yesterday: “On the 1hr TF, I would still like to continue with my neutral stance. Only if 19875 gets taken out, we can hope for some followthrough on the upside.”
5mts chart link - click here
So finally we had a breakthrough of the 19875 levels. Notice my stance for the last 6 sessions was neutral and I had to change to bullish today....
Nifty major levels.
Support :- 19830, 19730, 19670
Resistance :- 20010, 20135, 20200
The index has closed above the resistance level of 19850.
There are high chance of market going bullish as the major resistance has been breached.
Wait for the price action near the levels before entering the market.
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
All INSURANCE sector STOCKS in breakout level watch.. Them
- LICI , GICRE , NIACL , Edelweiss.
- Edelweiss -you can also look on my past analysis on this stock
Or should i post charts of all these stocks ?...
- Highest ever quarterly sales of 13000cr and net profit of 1600 crore.
- Highest ever yearly net profit in segment after LIC and highest ever sales...
Good Morning,
If market open 19850+ market goes up and we
will see up ward move.
But if market open gap down below 19765
and sustin 5-10min its down trend clearly
till 19550.
Note = Only for education purpose
"Good morning, friends🌺! As of November 28th, there is no significant difference in the global and our local market sentiments compared to the last session. The global market sentiment remains bullish, as indicated by the Dow Jones. However, our local market shows a moderately bearish trend. It might open with a slight gap-up or a neutral start, considering the...
