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Bitcoin is currently in a medium-term downtrend in weekly charts. Bitcoin has faked-out many bullish people in this daily candle. If 29240 level is broken here, then there will be a massive sell-off, according to my analysis. There is also a news supporting this, "CBDCs could 'kill' case for private cryptocurrencies, says RBI Deputy Governor".
I...
Nifty View: Significant fall for the Indian equity markets in today's session, the benchmark Nifty index loses more than 500 points to post a close at 16,809. The short-term trend of the index is now down again, and considering the momentum with which the index corrected today, it is very likely that the selling will extend further this week. Today's close across...
,NIFTY 50 EOD ANALYSIS 06-12-21
In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow.
O 17209.05
H 17216.75
L 16891.70
C 16912.25
EOD -284.45 points / -1.65%
India VIX...
Nifty View: A sharp sell-off for the benchmark Nifty index in today’s trading session - down over 200 points to post a close at 17,386. With this fall, the short term trend is now on the verge of a reversal on the downside. Considering the nature of today’s fall, that is, both sectoral participation and momentum, it’ll be prudent to wait out for few more trading...
Nifty View: Yet another failure to hold onto a new life high as the benchmark Nifty index slips over 170 points in today’s session to post a close at 15,761. The “Bulls” should worry a bit now as the breakout move which we noticed last Thursday has now turned into a failure. We were focusing on the importance of 15,777 and in today’s session, we have got a clear...
Nifty View: Disappointing close for the benchmark Nifty index in today’s session. The index slipped close to 100 points from its intra-day high of 15,930 to post a close at 15,832. A new life-high was posted by the index which it failed to hang onto - a clear sign of profit-taking as the index got carried away with optimism. Now no damage to the short term trend...
Be caution expecting a huge sell-off on 21/22 june Trend reversal day
But this week we can expect a range-bound market, market can be volatile but closing will be 15620-15950
We can expect to sell at the range of 15910-15950
Buy level of 15619
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market...
NSE: Vedanta below 159 can hit 116 or lower to 90
Company fundamentals and growth vision is good.
Current sell off is due to a news related to Anglo American Plc stake buy.
That doesn't justify the cause why purchase?
Given this scenario below 159 stock might fall to 116 or 90 levels.
131 level is one of the long term support level.
Until company come forward...
