Marvellous Monday coming up- Big rebound expected! While the nomenclature may seem ridiculous at first glance, considering the all round negativity around with Dow Jones crashing late Friday night, Gift Nifty indicating a Gap Down Opening, the Middle East Crisis worsening & some experts even going to the extent of predicting World War III. Whether that eventually happens or not is a discussion left for another day. Some so called geniuses predicating a doomsday scenario make us the Equity Investors look the biggest fools. However the technical data suggests that Monday, 23rd October could well see the markets ending in the green led by stocks specifically from chemical, auto & media space. For stock specific predictions, watch this space for more during live market trading hours. For more such interesting & exclusive (via chat on this forum) ideas & predictions do hit the like button & follow my user id- thank you
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BankNifty levels for Monday 9th Oct Banknifty reacted well with RBI policy looking bullish and with global sentiments & GIFT NIFTY indicating a gap up open. Expected opening at or arond 44500 to 44600 area in that case wait for retrace it to test the low area support of 44400-44550 area previously resistance if holds then go long with positive price action there for targets of 44600,44700,44800,45000.
Anything sustains below 44400 could test lower area of 44000 and 43800 again.
8832 Bearish kicker possibilityReason for short
a) Bearish kicker opening in gift nifty
b)If found any bearish engulfing or shooting star at 20180 level can be considered for shorting with SL as this is the decision turning point.
c) channel breakdown also possibility
d) if price below yesterdays vwap ie, 20130 closing in 15 min can be considered as super bearish for intraday
SL compulsory
#bankniftyGood morning! As of July 27th, the global market is starting positively, with GIFT Nifty showing a +75 point increase from the previous session. The market seems to be moving in a range without significant differences compared to before. It's moderately bullish, meaning there's an upward bias. We might see a gap-up opening. If the market stays within the range, it's likely to continue going up without a big drop. However, be cautious of a potential correction if it sharply rejects around the fib level of 78%.
#finniftyGood morning! As of July 27th, the global market is starting positively, with GIFT Nifty showing a +75 point increase from the previous session. The market seems to be moving in a range without significant differences compared to before. It's moderately bullish, meaning there's an upward bias. We might see a gap-up opening. If the market stays within the range, it's likely to continue going up without a big drop.
#bankniftyGood morning! As of July 26th, the global market is starting positively, with GIFT Nifty showing a +12 point increase from the previous session. The market seems to be moving in a range without significant differences compared to before. It's moderately bullish, meaning there's an upward bias. We might see a slight gap-up opening. If the market stays within the range, it's likely to continue going up without a big drop. However, be cautious of a potential correction if it breaks below the immediate support zone
#finniftyGood morning! As of July 26th, the global market is starting positively, with GIFT Nifty showing a +12 point increase from the previous session. The market seems to be moving in a range without significant differences compared to before. It's moderately bullish, meaning there's an upward bias. We might see a slight gap-up opening. If the market stays within the range, it's likely to continue going up without a big drop. However, be cautious of a potential correction if it breaks below the immediate support zone
#banknifty"Good morning! As of July 25th, the global market is indicating a positive start, with GIFT Nifty showing a +45 point increase. There is no significant difference from the last session, suggesting a range-bound market structure. The market's nature is moderately bullish, and there is a possibility of a slight gap-up opening. If it sustains within the range, we can expect the market to continue without a correction. However, a correction may occur if it breaks below the immediate support zone."
#finnifty"Good morning! As of July 25th, the global market is indicating a positive start, with GIFT Nifty showing a +45 point increase. There is no significant difference from the last session, suggesting a range-bound market structure. The market's nature is moderately bullish, and there is a possibility of a slight gap-up opening. If it sustains within the range, we can expect the market to continue without a correction. However, a correction may occur if it breaks below the immediate support zone."
#bankniftyGood morning! As of July 24th, the global market is indicating a negative start, with GIFT Nifty showing a -40 point decrease. The market nature is moderately bullish, but there is a possibility of a slight gap-down opening. after that If it takes a pullback, then the range will continue; however, if the gap-down sustains, we can expect correction continuation. That should break the immediate support zone.
#FinniftyGood morning! As of July 24th, the global market is indicating a negative start, with GIFT Nifty showing a -40 point decrease. The market nature is moderately bullish, but there is a possibility of a slight gap-down opening. after that If it takes a pullback, then the range will continue; however, if the gap-down sustains, we can expect correction continuation. That should break the immediate support zone.
#bankniftyGood morning! As of July 20th, the global market is indicating a positive start with GIFT Nifty showing a +2 points increase, resulting in a moderate bullish market sentiment. There is no significant difference compared to the last session, and there is a possibility of a slight gap-up opening. If the market maintains its structure, we can expect a rally continuation with minor corrections. However, in the event of a sharp decline in the initial market, we can anticipate only a minor correction.
#FinniftyGood morning! As of July 20th, the global market is indicating a positive start with GIFT Nifty showing a +2 points increase, resulting in a moderate bullish market sentiment. There is no significant difference compared to the last session, and there is a possibility of a slight gap-up opening. If the market maintains its structure, we can expect a rally continuation with minor corrections. However, in the event of a sharp decline in the initial market, we can anticipate only a minor correction.
#bankniftyGood morning! As of July 19th, the global market is showing a positive start (GIFT Nifty +5) with a moderate bullish market sentiment. There is a possibility of a slight gap-up opening. If the market sustains its structure, we can expect a range market to continue rallying. On the other hand, if the initial market experiences a sharp decline, we can anticipate a minor correction.
#FinniftyGood morning! As of July 19th, the global market is showing a positive start (GIFT Nifty +5) with a moderate bullish market sentiment. There is a possibility of a slight gap-up opening. If the market sustains its structure, we can expect a range market to continue rallying. On the other hand, if the initial market experiences a sharp decline, we can anticipate a minor correction.
#banknifty"Good morning! As of July 18th, the global market is showing a neutral start (GIFT Nifty +6) with a bullish market sentiment. There is no significant difference compared to the last session. There is a possibility of a slight gap-up opening. If the market sustains its structure, we can expect a rally continuation with minor corrections. On the other hand, if the initial market experiences a sharp decline, we can anticipate a minor correction."
#finnifty"Good morning! As of July 18th, the global market is showing a neutral start (GIFT Nifty +6) with a bullish market sentiment. There is no significant difference compared to the last session. There is a possibility of a slight gap-up opening. If the market sustains its structure, we can expect a rally continuation with minor corrections. On the other hand, if the initial market experiences a sharp decline, we can anticipate a minor correction."