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Morning Mantra, 5th January 2022Good Morning! In reference to our suggestion, after staying cautious for the Month of December 2021, we can now witness a beautiful rally in the Index that too within just 2 days of January 2022. However, the situations are not yet too comfortable to be confident for a further uprise. Therefore, Staying Cautious will remain to be a part of our Daily Routine, as of now. Also, just as we had stated yesterday, similarly after fighting for almost the entire day, Nifty was finally successful in crossing both the stated levels of Resistance at 17650-17700 by the end of the Day. Hence, as per the current scenario, on the upper side, the level of Resistance will now be at 18090. Whereas, on the downside, the crucial level of support will now be of 17630 and 17360 respectively. Moreover, since it’s a Month of Earnings, Staying Stock Specific will prove to be all the more fruitful, as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra, 3rd January 2022Good Morning! Wish You All A Very Happy New Year 2022, and here I take you to our first Morning Mantra of this New Year! Where as it had been stated and witnessed on the last trading session, till now Nifty has been trading in its narrow range of 17360-17220-17155. The rising covid cases has become a matter of concern, as of now. So, currently it will be better to consider Today as a “No Trade Day”, hence avoid being too aggressive in the Market until a fresh breakout in the Index. Apart from that, we are wishing that May this New Year bring a new ray of hope with some more positivity in the Market. Wherein, initially for some favourable situations to come up, we are hoping to witness either a breakthrough or a crossover of the nifty levels. As only after that will we be in a position to decide for a fresh new direction. So, till then stay Cautious and be Stock Specific. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
ETHUSDTHere are the two main things that I can predict from the ETHUSDT chart. 1 Cup and Handle 2 Support line One can easily spot a Cup and Handle Formation in the ETH right now. It all started in May 2021 and the base of the cup was formed in July 2021. In November 2021, one can easily see that cup has formed totally. Now comes the Handle. The basic thing that one can conclude from this is that price is going to be in a range and the asset is going to consolidate for some time. It will break the cup and handle formation in Jan 2022. The support line can be drawn from December 2020 till the current price. Though there has been sometimes where the price went below the line, it recovered very fast and the continuation of the bullish run can be seen in the same. I am being BULLISH about ETH in the near future. It will break the cup and handle formation and the boom in the price will be seen hopefully very soon.
Long
by whoismohit
Bitcoin Next Move ? Bitcoin made a Crash to 42k on Last Saturday(4 Dec) below 48k by breaking 200 EMA Support Zone and pulled back to 48k zone quickly ! This story is known but what will be the next move of Bitcoin after this crash ? Many short term holders made a exit in this crash because of the US Debt Ceiling + Chinese Evergrande fuds and Whales Play of course! But the Diamond Hands are still Holding Bitcoins towards the 100k. Bitcoin is currently trading on sideways distribution movement aka Kangaroo Movement after some Lazy Bears Attack. We will regain the Bull Mode once we break the 54k Resistance(Average Price Resistance). After this successful breakout we will see the new ATH on next year Q1 above 70k if Bears are suppressed to Sleep mode ! We can also expect the another correction to 39k if BTC unable to hold the 45k support zone or get rejected from the 54k - 56k resistance zones.
by CryptoGsb
Morning Mantra, 6th December 2021Good Morning, Just as we have been saying, similarly we will remain to be neutral to bullish on the Market, until we witness a closing of below 16700. On the other hand, 17360 will remain to be a crucial level of resistance. Moreover, once again, we are still with our words that the Market will continue to be in a Range bound zone till the month of December. Therefore, it’ll be suggested to stay stock specific and to keep following the Cherry picking strategy, as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Morning Mantra, 3rd December 2021Good Morning, Finally yesterday, Nifty had successfully given us a closing of above the level of 17360. Hence, from now on, the next resistance zone will be of 17650-17700. Moreover Today, the first 2 Hours will be very crucial for the Market, and if the index manages to sustain above the level of 17360 for the first 2 hours, then it will be a favourable condition for the Market. In addition to this, we are still in favour of our suggestion to follow the “Cherry Picking” and “Being Stock Specific” strategies. Along with which, it will be suggested to stay cautious for the first 2 Market Hours, Today. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Morning Mantra, 1st December 2021Good Morning, We hope that you still remember one of our magical level of 17360, which had earlier been stated as a “crucial level of support” for the index. Well, now the same level will work as a level of resistance for the index. Moreover, just as we have been stating these days, similarly Nifty did prove our prediction to be right on the mark, as it has taken a beautiful bounce back from our predicted support level range of 16800-16700. After the index making a high of 17300 approx, we could witness a huge supply in the Market. As a consequence of which, we are still with our words, as the Market might somehow continue to move in a sideways zone till the Month of December. As of now, the level of 16700 will work as a crucial level of support and we will have to stay cautious. Also, it will be suggested to stay stock specific. Since we have been stating about the ongoing liquidity crunch in Market majorly as a result of a huge selling from the FIIs. So, stay cautious. Follow the “Sell on Rise” strategy, till the Market gives a stable closing of above 17360. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
NIFTY PREDICTION NEXT WEEK NIFTY Trading now at present make or break point, after stiff correction from 18600 to 17750 sub level, on 1 year technical chart daily time frame trend line breakout shown clearly as well as support line also indicate strong support at 17650-17750 level. HISTOGRAM AT 0 line also shows make or break from hare now. NEXT week nifty can take support from 17650-17750 which is currently trading at 17765, and 18000-18200 will be strong resistance zone, breaking above 18200 nifty turn very bullish and next bull run will be on card. Breaking bellow 17600 will be again bearish area and that will be seems again strong correction downside 700-800 point where next strong support at 16700-16800 but in that case stock wise Stiff correction .. but looking at chart this is very less possibilities and trading zone will be 17650-18250 most likely .
NSE:NIFTYLong
by champtrade111
FET Price Prediction - NFAFET is really doing good as expected. What is FET ? -It is the native token of FETCH.AI. "Fetch.ai is building an open access, tokenized, decentralized machine learning network to enable smart infrastructure built around a decentralized digital economy." It is certainly unique in nature, involving AI and ML concepts within decentralized economy. Further, it's collaboration with giants like BOSCH, makes it highly bullish for the cycle. Price targets are shown, and it can even run more. So, let's see. #DYOR #NFA BINANCE:FETUSDT BINANCE:FETBTC
by future_isCrypto
Energy Web Token (EWT)- Prediction for Bull RunEWT commonly known as Energy Web Token is the native operational token of the Energy Web (the first open-source, enterprise blockchain platform tailored to the energy sector). So being unique i.e. related to Energy Sector and as the demand for more Renewable Energy tools & applications will increase so as the EWT price. So, in this chart I have just tried to predict the price of Energy Web token considering its uniqueness and ever rising demand. Even we take the previous run, its price got approx 450 % increase from ($4.8 to $23.5). Taking from previous high i.e. 23.5 and even taking a 450 % rise, the price prediction will be approx $130. So, let's see where it will go. #NFA Please #DYOR #HAPPY_INVESTING Will try to keep bringing such ideas/views/predictions as well as short term trading ideas. KUCOIN:EWTUSDT
by future_isCrypto
A technical analysis on Dr Reddy's LabAs you can see I am trying to guess the future of the stock, its just my theory on seeing the previous charts, as you can see it has taken good support from the green zone(support zone) in cpr, so an entry at that point would be perfect and go long on the stock for 3 month for return of more than 2000 per share, patience is the key. It will form a head and shoulder in 2 months or less and go for a breakout which will give amazing results. Stock market nowadays is sometimes bearish and our analysis could also go wrong so have a stop loss, Have a good day.
NSE:DRREDDYLong
by JJNAVEEN
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