On Wednesday, BankNifty opened flat and rallied over 750 points to reach a high of 52,954.20. However, some profit bookings followed, and it closed at 52,750.40, gaining 561 points from the previous close. Both the Weekly and Daily Trends (50 SMA) remain positive. Demand/Support Zones: Near Demand/Support Zone (15 min): 52,406.95 - 52,484.55 Far Demand/Support...
US Fed Meeting: Rate Cut Expectations Drive Optimism for Indian Banks As the US Federal Reserve meeting progresses, market experts are increasingly optimistic about an impending rate cut. This anticipated reduction in interest rates is expected to have a ripple effect across global markets, with India standing to gain significantly. Among the biggest...
Not breaking either sides, need to close above 77-78 to move up
Based on the provided Bank Nifty daily and 5-minute charts, here is a detailed analysis for the next trading day: Support and Resistance Levels Support Levels: 52,400 - This level has shown to be a strong support in the recent past. 52,000 - Another significant support level, as seen from previous price action. Resistance Levels: 52,950 - The recent high...
AEVO's price reversed from its peak of $5.13, entering a bearish trend with lower lows and breaking multiple supports in Q2 2024. By the second month of Q3, bullish activity managed to halt the decline, but the price began consolidating in a narrower range below the 50-day EMA. According to AEVO price predictions, if it surpasses the 50-day EMA and successfully...
On Wednesday, Nifty opened almost flat, touched the 15-minute Demand zone mentioned in the last post, and bounced 100 points to make a new all-time high of 25,482.20. However, it faced selling pressure, dropping 200 points from the top, and closed at 25,331.40, losing 41 points from the previous day. Both the Weekly and Daily Trends (50 SMA) remain...
Bank nifty currently crossed strong support of 52340,no strong trendline found on bank.
Nifty exactly took support at trendline , and went to the upper trendline, rejected from there and huge down move. and again rejected from the down trendline. Today need to break that line for uptrend in nifty
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
Stock has been analyzed based on my trendline analysis. Please note that levels given are for training and educational purpose only. Please do consult your financial advisor before investing in the stock
Multiple trendline supports and resistance denoting that share is respecting trendline... Breakout through it with Massive volume and as of now share is trading in sky zone... Share is in demand with excellent fundamentals and growth amid 5G network evolution in India..... Consult with your financial advisor and buy on your own risk This is not buy or sell...
Incorporated in 1996, Genus Paper & Boards Ltd manufactures Kraft paper and invests in shares, securities and loans. Targets are pretty good.
📈 Stock Name - Bikaji Foods International Ltd 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 920. 🚨Disclaimer: This is not a Buy or Sell...