BankNIfty has consolidated in nice triangle pattern with the help of fib retracement and trend based fib extensions identified some important downside and upside important level which cant act as support and resistance
IEX should be on watchlist as it is on ciritical support level, if it sustains ths level it will go up.
PSPprojects has given breakout with nice volume, it is successful in sustaining above the breakout level indicating its bullishness, hence it can be considered for LONG.
LEVELS 29-11-2021 NIFTY RES- 1. 38100 2.38360 17400 3.-------- 17540 SUP-1.37710 17290 2.37430 17180 This channel provides Nifty and Bank Nifty analysis and provides...
Understanding trades of banknifty future for 01.02.2022
Understanding trades of Nifty future for 01.02.2022 (Tuesday).
Nifty is currently in an extremely oversold territory...last 3 days we have seen a good resilience from the market and due to this nifty is not falling below 17000... The current setup on multiple timeframes indicates a slightly bullish view on nifty for the coming days....tomorrow is a big budget day for Indian market so i ll trade taking a bullish view in mind.
nifty budget view 17600 - higher side imp resistance.
#We will make only profit. #I will Tell you Lowest Point. #If you need any help comment or message me.
Understanding trades of banknifty future for 31.01.2022 (Monday)
Understanding trades of Nifty future for 31.01.2022 (Monday).
Today I have expressed my views on Cadila Healthcare. This stock has been on a downtrend since August 2021. Is it a right time to invest in this stock or should you exit your positions. Is Cadila a good stock to have in your portfolio? All your questions shall be answered in this video. If you like the analysis, please subscribe to my channel. Note: The analysis...
If you have a same bullish view than do comment below Will Nifty Go Up Or selling will continue There should be some buying from current levels. Though it will not hold for longway and nifty will eventually get into sell mode again.
This setup is only for BankNifty and has not been tested on Nifty and is not recommended. Do backtest and if successful apply on Nifty. P.S. I am not a SEBI registered analyst. This is just my personal view and I will not be responsible for profits and losses.
Hi Friends, I am giving my personal in-depth analysis of Dr Reddy as per its chart. Please note that these are my personal views. You should consult your financial advisory before investing.
LEVELS 29-11-2021 NIFTY RES- 1. 38210 2.38020 17100 3.-------- 17180 SUP-1.37470 17100 2.37250 17000 This channel provides Nifty and Bank Nifty analysis and provides...
The reason for my trade and why I was bearish and waited till FIIs opened.
All targets mentioned in the video . Stoploss of 885