The index after a long time has given some momentum on intraday basis and closed below the psycological number of 25k. A bearish engulfing candle on the weekly time frames shows some weakness on the charts. If the market starts trading below the 24800 levels, there are chances of testing lower levels. Hourly 200 ema is also around the support zone, while the...
Facing resistance again here, but my guess: If we reclaim 54.8k - 55k Break. Looking for these levels to play out, internal structure bullish will be looking for shorts around 55.6K (if given trigger), breakdown of key low marked will push prices to lower levels.
Whales Return to Quant: Are We Seeing a Market Revival? Qunat price DAA divergence metrics highlights a positive divergence in the recent sessions. Whales have accumulated significantly 0.5% of the total supply indicating large players' comeback. Quant price made a strong rebound from the lows indicating a buyers comeback. At the time of writing, Quant was...
Date 08.09.2024 Nifty 50 Index Timeframe : Day chart Set-up for Monday (09.09.2024) Remarks : Points & Strategy For longs : Opening, if opening is happening below the low of previous days long range selling candle then don't jump on buying for 1st 30 minutes. If opening is happening within the candle of previous day's red candle the after 1st 15 mins keep...
BankNifty Stance Neutral ➡️ BankNifty has lost only 694pts ~ 1.35% over the last week and interestingly 896pts drop came on Friday, 6th Sep. Our stance has been neutral for quite some time now and prefer to stay neutral until 49728 is not getting taken out. The daily candle of BN is quite different than Nifty. BN did not even retrace the top that it made on 4th...
Ginni Filament Ltd , Recently gave break out of 50EMA and long resistance down trend line. Broke out with huge volume. Retesting of 50EMA/resistance line is pending. Once retesting done that is great time to enter for target of 20% upside. Thanks @vijaigautam
📈 D.P.ABHUSHAN has broken out the parallel price channel with a huge volume spurt. 🔰 It can rise as the difference of the parallel channel. 🟢 Range : 1450 to 1500 🎯 Target : 1600 / 1700-1725 🛑 SL : 1250 (DCB) ⚠️ Disclaimer : This is not a buy/sell advice. It's a view purely for the educational purposes.
Nifty Stance Neutral ➡️ Nifty has only fallen 379.95pts ~ 1.5% this week and it is pretty early to go bearish, but the structure gives a lot of hope for a bear attack. You all might agree that we are in an overvalued territory, even if we fall 20%, we might still be overvalued. If you look at the daily candle, a strong double top is forming. For conclusive...
It's showing great momentum . W pattern breakout with great volume. One can consider for catch the momentum. Note :- It's not recommendation to buy or sell.
close above 350-355 looks okok Market Cap - ₹ 2,14,010 Cr. Company has reduced debt. Company is almost debt free. Company's working capital requirements have reduced from 1,832 days to 20.6 days comment down your thoughts
In daily timeframe it is making higher lows and about to break the horizontal resistance after absorbing all the sell volume
Nifty can test extreme lower levels in in upcoming months, As we feel there are few circumstances are also happening around the world and globally it impacts the Indian economy as well. Nifty Lower zone levels - 21250 - 21500 Nifty Upper Zone levels - 26000 - 26500
Last week we predicted that Gold can touch 2526$ on higher Side, It actually touched 2529$ on higher Side. Our Spot #Gold Range Prediction from 09/09/2024 to 13/09/2024 is as under. Gold Spot : 2471$-2545$ Gold INR : 70800-72900 Our Spot #Silver Range prediction from 09/09/2024 to 13/09/2024 is as under. Silver Spot: 26.78$-28.66$ Silver INR: ...
SHARDACROP looking good for upside momentum and it remains to hold up trend levels over there that sign to be ready for a good breakout in the upcoming days if it does not break the 540 level then the coming up moves 650,700 & 800 levels respectively.
Laopala is up in last 3 weeks. The stock is best to be added above 351, with Stop loss of 308 The stock may surprise and fall and one can enter at 310 if it falls. Purely Technical setup, as the stock made tripple bottom and there is a RSI Breakout. Disclaimer : Educational content. Please do your own research.
Hey Guys, STRK, has broken the strong resistance, if one day the candle closes above the red zone then we can see a good move. This could also be a Fakeout, But its chances seem a little less to me. See chart for more understanding...!! Disclaimer: I am not financial Advisor; this is my opinion I am some guy on the Internet. Crypto market is highly volatile, do...
The last trend is positive and it remains strong with the upcoming up move of 20-30% upside with Sl near 865 its strong support, so plan with your risk appetite, it's only for education purposes.
On weekly basis Nifty is more better than Bank Nifty Only a red candle is formed this week it can be taken as a small correction move Target on higher range would be 25700 if it crosses 25350 On lower side 23900 is a strong support below it 23500 is also possible Weekly range 23900-25700 I am just representing my views For educational purpose only.