Nifty will be FLAT opening in today's session. After opening nifty start trading Below 23560 level and then possible downside rally up to 23380 in today's session. in case nifty trades Above 23560 level then the upside target can go up to the 23680 level.
It was show of strength reserved only for the bulls in the bank. Rest all places rush to cover the stale longs unwound in big time. When was the last time one witnessed NIFTY in marginal RED while Nifty Bank is roaring Green. The differential move is near 2% If differential is the only factor, then it was in 2022 such a move did unfold, but not with NIFTY near...
Today will be FLAT opening in BANKNIFTY. After opening if banknifty start trading Below 51450 level then possible downside rally of 400-500 points upto 51050 level in todays session. Any Major upside only expected in case banknifty starts trading Above 51550 level.
When was the last time one witnessed NIFTY in marginal RED while Nifty Bank is roaring Green. The differential move is near 2% If differential is the only factor, then it was in 2022 such a move did unfold, but not with NIFTY near neutral or shade RED and NIFTYBANK deep green. That time both were reasonably up. Are we about to witness move from equity to...
As we discussed, NIFTY traded in a sideways roller coaster with huge volatility inside the provided channel. If we look at the chart now: The market is trading indecisive in a bullish zone. By the time it's in the channel, it's going to be a roller coaster. If the market breaks the channel to the downside, it may lead to a good fall till 200 EMA . Inside...
BankNifty broke all resistance on the upside and made a new All-Time High of 51,957, closing above the previous ATH of 51,133. The weekly trend (50 SMA) is positive, and the daily trend is sideways. Support Levels: Near Support/Demand Zone (125m): 50,879 - 51,213 Far Small Support/Demand Zone (15m): 50,597 - 50,765 As the daily trend is still sideways, taking...
Nifty continued its upward journey and made a new All-Time High of 23,664 on Wednesday but closed negative at 23,516. The weekly trend (50 SMA) is positive, and the daily trend is still sideways. Support Levels: Near Support/Demand Zone (15m): 23,412 - 23,470 Further Down Support/Demand Zone (15m): 23,334 - 23,369 Far Support/Demand Zone (15m): 23,232 - 23,268 ...
Key Points: USD and Bond Yields Impact: Gold prices edged lower at the start of the week, influenced by a strengthening USD and rising bond yields. Awaiting Economic Data: Investors are keenly awaiting economic data and commentary from Federal Reserve officials for clearer guidance on interest rate cuts. Price Range Forecast: In this environment, gold is...
Gold prices have surged on weaker-than-expected US retail sales and expectations of lower interest rates. Here are the key factors: Weak retail sales: US retail sales report was lower than expected, suggesting a decline in consumer spending. This raises concerns about economic growth, which could lead to economic stimulus or looser monetary policy from the...
Hello everyone! What is your opinion? In today's analysis, I will focus on the bearish price movement of this currency pair. Currently, EURUSD is trading around 1.073, continuing the downward correction wave, with support From a technical standpoint, factors such as trend lines, support and resistance levels, and EMAs 34 and 89 all favor sellers. This fits well...
BALRAMCHIN breaks out after 6 months of consolidation. break out level is 421. target 1 - 465 SL - 404 follow risk reward Disclaimer - videos, presentations, and writing are only for educational purposes and are not intended for investment advice. I can't promise the accuracy of any information provided. please consult with your financial advisor.
Medi assist had given breakout of long consolidation and accumulation. Broken out from darvas box. Also sustaining the breakout. Seems slowly ready for a upmove.
As we can despite the strength NIFTY is maintaining itself in a tight channel which could be very crucial deciding its upcoming trend. Any closing above or below the structure could lead to strong movement so plan your trades accordingly.
Ideaforge had given clear breakout or downtrend. Trend line broken and also sustained the breakout. Seems ready for 1000+ in coming months use every dip to buy
Look at H1 - We see that currently the price is tending to form a triangle correction pattern. - As I said before, the price is currently in a complicated adjustment process, we can only wait for the model to complete to determine the next trend. - And I am also predicting an ABC correction model with the target wave C on the chart with 2 price ranges 2350 and...
Buy 49.50 with 34 sl target 2X + Closing above moving average, BREAKOUT also
NSE:VAIBHAVGBL cmp 325 This should do well from here. not much downfall 240-260 is a good support zone from where it has bounced previously can tgt 25-30% gains from here The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is...
Cgcl Chart Analysis .........20/06/24 CGCL Long : 220, Sl : 195 Target : 243 / 262 / 290 / 314 Correction has come in CGCL shares and then consolidation or breakout and retest has taken place, therefore the shares should be traded on the upside. Enjoy!