Bank Nifty 01-07-2024 AnalysisHello Traders, Welcome to SriTrader5121
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Overall view for the day
Buy - with the support of Important_level
Sell - with the rejection of Important_level
Major Support - Around 5200##
Major Resistance - Around 5300##
See the price action at our zones, take the trade according to your Risk - Reward.
Happy Learning and Trading – SriTrader5121
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Rules to follow...
1) Wait for confirmation.
2) See the price action at our zones.
3) Trade with Strict Stop Loss.
4) Trade with Small Quantity.
5) Take entries based on Support & Resistance Zones.
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Please take the trade according to the zones marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries based on your own analysis and risk.
This is for education purposes and a helping hand to learn trading in the live market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels / Zones. So one can book profit / loss based on your risk-reward or considering price action at the respective zone and how it works near that zone.
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Community ideas
Will NIFTY consolidate or will show a strong SELL OFF ?Nifty has touched the upper trendline, previously whenever Nifty has touches the upper trendline it has give a correction or a sideways movement and slow downward movement.
23800 looks like a strong support zone also a breakout point for the Flag pattern. It can touch it and have a strong retest at that level and start its journey towards 24800 levels !!
Nifty & Bank Nifty Analysis For Next Week 01-05 July 2024In this video, we'll discuss about Market's Last Week Movement and we will try to analyze Coming Week's probabilities 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 | 👥Share
Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
#TheStockMantra #MarketAnalysis #LearnStockMarket
Professional Outlook I have made efforts in Explaining How we consider the wave theory
i have explained what is the forecast from here and also
i have explained how you should judge when you see the difference between impulse and Correction
Hope this will give you some idea
if you have any Questions then ask in the comment i will try to answer them
Good luck
Gabriel India - Strong stock with possibility of upmoveGabriel India is forming a great cup and break out structure. The fundamentals are good. The analyst ratings are high with lots of Buy calls. Decent future prospects for this company.
Disclaimer : I am not SEBI registered and please do your Due Diligence.
All the best!
NIFTY50 - Weekly Index Analysis - 15th June #indices #nifty50NIFTY50 Analysis Update (1W TF) - 15th June, 2024
- Trading outside the channel as of now
- The Resistance & Support Zones are marked out
- This should help choosing our Swing Trades as well
If you are in FOMO:
- Then ensure to choose stocks that are at Weekly support levels only
- Do not jump into falling knives which are away from their support levels
Note: The charts will be updated as we go along. But please ensure to keep your Risk Management in play constantly for any and all swing trades.
* Disclaimer
Will Nifty also join BankNifty for upward movement ?Nifty looks like will test 23200 level for once and then resume its upward movement towards 23800-24200-24800. Its lacking the momentum as of now.
Bank Nifty has given a strong breakout and we saw 2000 points rally as well!! above 51900 it will open doors for 54100.
Monthly Expiry Special Nifty & Bank Nifty Next Week 24-28 JuneIn this video, we'll discuss about Market's Last Week Movement and we will try to analyze Coming Week's probabilities 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 | 👥Share
Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
#TheStockMantra #MarketAnalysis #LearnStockMarket