30 May 2024 WORLD MARKETS 1. All the world markets are correcting and awaiting the fed announcements. INDIA VIX AND GIFT NIFTY 1. India VIX is stable at 24 indicating increase in volatility. 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC BANK is looking bearish. 1510 is a strong resistance. 2. ICICI Bank has turned bearish. 1115 is strong...
Nifty 50 Index made an ATH at 23110.80 on 23 May 2024 at 11:45 candle. Thereafter it saw profit booking after hitting the psychological figure of 23000. We retraced to an important level of 22857 as seen on charts. Next day we opened gap up but missed the 23000 figure by1/2 points and closed near 22888 levels. We saw further gap down opening on 29 May 2024 where...
BANKNIFTY Intraday Trade Setup For 30 May 2024 Bullish-Above 48700 Invalid-Below 48590 T- 49230 Bearish-Below 48350 Invalid-Above 48460 T- 47625 BANKNIFTY has closed on a bearish note with 1.3% cut today. Index opened with a big gap down of 355 points. 10 o'clock range was to be used as per setup, range broke downside below 48770, trade gave almost 1:4 gain...
NIFTY Intraday Trade Setup For 30 May 2024 Bullish-Above 22810 Invalid-Below 22760 T- 23000 Bearish-Below 22680 Invalid-Above 22730 T- 22480 NIFTY has closed on a bearish note with 0.8% cut today. It was a low volatility day as overall range it traded was 22800 and 22700. It opened with a decent gap down of 125 points and in this case 10 o'clock range was to be...
Gold has been volatile in the past two days, but everyone should be familiar with this rhythm. It is always quiet before the storm. Under the calm surface of gold, the big market is about to start. Since the pressure of 2450, the daily line has fallen sharply for three consecutive days, and then rebounded for three consecutive small positive lines. The short-term...
Short Bias for the upcoming week. EURUSD, seem to be changing course to the upside, but that will only happen if the price breaks the $1.087 mark, and if the market doesn't, We can see the Good short. Analysts predict that this month's Eurozone inflation will increase year over year to 2.5% from 2.4% in April, with the core measure expected to stay stable at...
Nifty 50 has corrected almost 1.8% from ATH with the breakdown of H&S pattern. RSI is showing DIVERGENCE at 15 min TF. Likely reversal levels as marked. Important base is placed at 22500-600 levels.
Buy coal india 481 for 510 to 540. All time high breakout and retesting support levels. Good swing and momentum trade with good risk reward ratio. Invalid below 471 on closing basis.
Good potential to give good returns Multiyear breakout Can buy Silverbees to take advantage of this scenario.
#Bitcoin at Daily Chart Analysis CRYPTOCAP:BTC market is still in volatility mode, and has made its lower-high, but it is currently finished their last uptrend cycle with some major ups & downs and finished at $71.8k approx..! After that, its last down cycle is start to running, which will at least retest the previous level of $56k-$58k here or it can also...
ready for C wave adani port will fall forming ABC flat correction
Nifty remained in negative trend in today's session & closed near 22700 level Market continued with its correction phase for another session Investors seek to book profit in Mixed Global cues & ahead of imp US PCE Core data. A Bearish candle is formed on daily chart The imp upside hurdle is placed around 22850/900 level whereas downside support is around 22600...
VIP CMP 500 Elliott- the ABC zig zag corrective pattern is over in my view. Pattern- the V shaped reversal pattern is a directional signal and is indicating reversal. Hence this current dip is the best opportunity to buy the stock, One can buy here or on the break of the trendline the choice is urs.
if daily close above previous high than as double bottom possible than target is higher
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....
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....
FEDERALBNK Risk : Reward is very favorable for buying as curve support is act like a gods line of control if this time also act like previously than Risk : Reward is very very favorable for buying stop loss around 120 for this trade target sky is the no limit
Bank Nifty remained in Negative mode after opening below imp level of 49000 The Index fell by around 600 points in today's session A Bearish candle is formed on daily chart The imp upside hurdle is placed around 48850/49k level whereas downside support is around 47200 zone Track for price to form Price Action Patterns at Imp Levels, However market may show...