Nifty IT BULLISHThis perspective is for mid and long term.
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Reversal
MAHINDRA LOGISTICS 050424A potential long term reversal candidate. This stock had been in a long drawn bearish trend. Over the last few months the fall turned into a sideways phase. Now the it seems that the scrip is ready to move up. Analysis down primarily on weekly chart but also in daily chart. Have a look!
AUROPHARMA REVERSAL CHANCE SETUP✨🎀hello traders
i am not a financial advisor
pls manage your own risks and stay alert
cheers🥂
BHEL GOOD OPPORTUNITY REVERSAL SETUPhello traders
i forgot to say one thing which was the price might take support from the newly made supporting trendline
thanks for watching
Bulls vs Bears: Nifty & Banknifty analysis + top stocks + levels#Nifty and #Banknifty saw a very interesting close to the week.
After painting a grim picture in the first half, they saw a V-shaped recovery which propelled price up to p.close. So unless you were looking at the charts and #priceaction, the EOD closing would show a flat day.
The indices have still formed an LH-LL formation, which isn't suitable for bulls. This might mean that unless we are able to see strong momentum resuming or an external trigger, we could see a little weakness.
Yesterday, the basis hinted at a negative bias. Today, it appears to be flat.
Wait for the weekly analysis video for more!
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660 ---15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640 --- 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
What's your nifty prediction banknifty prediction for tomorrow? What was your nifty banknifty trading like? Let's chat in the comments :)
