NIFTY Levels for Today Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly,...
Nifty is trading near rejection zone. Sell Nifty @ 23650 - 23670 for 23570 and lower marked levels on the chart until 23730 is intact on the upside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
BANKNIFTY Levels for Today Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level....
Not much in the news, everything in the price. Just the slip and news and shock of Aus defeated by Afghan, The rounding top or the inverted cup and handle, pushes price action to the lowest area of support. The big picture trendline support is lurking to life line. It is also in the area of Mid Bollinger Band. We have seen this before and many times in...
Nifty will be gap down opening in today's session. After opening nifty start trading Below 23430 level and then possible downside rally up to 23310 in today's session. in case nifty trades Above 23480 level then the upside target can go up to the 23600 level.
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 51450 level then possible downside rally of 400-500 points upto 51050 Level & this rally can can extend another 400 points if market gives breakdown 50950 level in todays session.Any Major upside only expected in case banknifty starts trading above 51550 level.also possible...
Good morning, friends! 🌺🍬 Here are the directions for June 24th: The global market is showing a moderately bullish sentiment, based on the Dow Jones. Our local markets are also maintaining this moderately bullish sentiment. However, today, the market may open with a gap-down start, as indicated by GiftNifty, which shows a decrease of 75 points (as of 8:00...
Good morning, friends! 🌺🍬 Here are the directions for June 24th: The global market is showing a moderately bullish sentiment, based on the Dow Jones. Our local markets are also maintaining this moderately bullish sentiment. However, today, the market may open with a gap-down start, as indicated by GiftNifty, which shows a decrease of 75 points (as of 8:00...
Looks a day of down. Cues are neutral to negative. Lots of whispers and noise around the GST and budget proposals. Then there are concerns on some funds doing the front running, what is new. These things do happen all the time, at the height of the bull markets. This time is different. When chasing becomes the only art and not valuation and markets continue...
SIRCA took support and bounced back with a significant bullish candle. This support level was once a weekly breakout point. Additionally, SIRCA found support on a long-term weekly trendline and rebounded strongly. Furthermore, SIRCA has recently confirmed a breakout from a short-term trendline. These technical developments suggest potential bullish momentum...
The stock has experienced a trendline breakout. This trendline has consistently produced higher highs throughout its duration. Additionally, there was a breakout from a cup pattern accompanied by significant volumes. These bullish technical signals on the weekly timeframe indicate potential for further upward movement. Keep an eye on the stock's performance for...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 24-6-24 This consolidation if Nifty crosses above 23500 then a big bull rally will start. If Nifty Closes below 23000 then a mild correction will happen. Gap UP/Down Opening : If high of First Hour is not broken then put stoploss there for all short positions. If...
The stock bounced back from the 0.618 Fibonacci retracement level. Additionally, the stock recently experienced a significant short-term trendline breakout, followed by a breakout from a rectangle pattern. These technical developments suggest potential bullish momentum ahead for the stock. Keep an eye on further price action for confirmation.
It is rare to find this pattern, for that matter in the last one month the Candles that we see are once in a lifetime kind off. The fade off story continues in the open, the double engulfing pattern is powerful one and sends the warning signs for any more move higher than what we have seen already. Crude prices remain higher, USDINR higher in controlled...
BankNifty had a very volatile session on Friday and closed down 122 points. The weekly trend (50 SMA) remains positive, while the daily trend is still sideways. Support Levels: Near Support/Demand Zone (125m): 50,879 - 51,213 Far Support/Demand Zone (15m): 50,597 - 50,765 Given that the daily trend is still sideways, taking confirmation entries for long trades in...
HBL power from strong sector, -gave signal when gap up with vol n consolidating good there -DTL BO anticipation (DownTrendline Breakout) -Volatility Contraction in price -Tightness
Nifty reacted from the 30m supply zone during intraday trading on Friday and closed near the day's low. However, it did not close below the crucial level of 23,442 mentioned in the last post. GIFTNIFTY is trading negative as of this post, indicating that we might see a decline in Nifty to 23,369 and below. The weekly trend (50 SMA) remains positive, while the...
As we can see after much of consolidation, NIFTY managed to close itself below the structure making it weak . Hence if NIFTY manages to open inside the structure then we may see a recovery else every rise could be a selling opportunity so plan your trades accordingly.