Stockmarketanalysis
INDIABULLS HOUSING FINANCEIndiabulls housing finance is buy on dips until it is trading above 100 levels , a higher low in the structure indicating bullishness , can buy on any dips towards 110 levels with SL at 90 for big targets in long term
NIFTY50 index positional analysisI am highly bullish on NIFTY50 index as it has formed a bullish CUP AND HANDLE PATTERN and if it breaks above major resistances of 18500-18700 resistance zones , by breakout i mean a monthly candle closing and then a retest , if this happens I'm expecting the index to touch 20k-21k levels in the near future
VALIANT ORGANICSValiant organics the stock is trying to break out of its dynamic resistance downtrendline which had kept the stock in bearish territory since OCT2021 , if it manages to breakout and sustain above it, a new bull run is awaited in the stock , 2 days to go for monthly candle closing and need the candle to close above 540 levels , buy on retest of supports towards targets of 670/810 levels in short to medium term , can go big in longer term , view is invalid if monthly candle closes below 540 levels , keep strict SL at 450 levels
POWERGRID CORPPowergrid is looking good for an upmove , breakout of monthly inside bar candle, stock had formed a rounding bottom structure and has broken out of its major resistance zones of 232 levels , as long as its above this levels , there is a high chances of good upside in the stock , my SL will be 225 or a monthly candle closing below my resistance . Targets of 265/295
#ZOMATO... looking good above level#ZOMATO... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
Bank Nifty Levels for 24-05-2023In Bank Nifty Upper side 44075-44150 is Important Level
and Lower Side 43750 is important level.
Previous day Bank Nifty has closed @ 43885.
Check Previous Day Level Performance and comment.
For any Feedback and Suggestion, please free feel to message us.
Disclaimer: Content shared on or through our digital media channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
#PAGE IND...looking good 24.05.23#PAGE IND... ✅▶️
take target upto 1350
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
Fin Nifty Levels for 23-05-2023In Fin Nifty Upper side 19600 is Important Level
and Lower Side 19200 is important level.
Previous day FinNifty has closed @ 19385.
Today FinNifty trades in range and small movements.
Check Previous Day Level Performance and comment.
For any Feedback and Suggestion, please free feel to message us.
Disclaimer: Content shared on or through our digital media channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
Nifty View for 23-05-2023In Nifty Upper side 18440 is Important Level
and Lower Side 18050 is important level.
Previous day Nifty has closed @ 18314.
I have small changes in levels as per today movement of Nifty
Check Previous Day Level Performance and comment.
For any Feedback and Suggestion, please free feel to message us.
Disclaimer: Content shared on or through our digital media channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
Bank Nifty Levels for 23-05-2023In Bank Nifty Upper side 44075-44150 is Important Level
and Lower Side 43750 is important level.
Previous day Bank Nifty has closed @ 43885.
Check Previous Day Level Performance and comment.
For any Feedback and Suggestion, please free feel to message us.
Disclaimer: Content shared on or through our digital media channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
PostMortem on BankNifty Today & Analysis of 19 MAY 2023
There was so much of hidden meaning in today's price action. Both banknifty and Nifty50 opened gap-up and then started falling. Banknifty fell 0.97% from High to Low, whereas Nifty fell 0.66% only.
This fall is the 1st anomaly, this happened at a time when NiftyIT was roaring! It opened gap-up and was shooting up. Which goes to prove that either Reliance or BankNifty had to fall to enable Nifty50 to continue its price action from the previous day.
It was not normal to expect banknifty to keep falling as it has been creating continuous higher lows for a long time now. The question was when will it reverse, because my marked SR level is 43253, and other than the 1hr red candle there was no follow through.
Banknifty took some time to gain strength and then started breaking out at 13.50, it went up 393pts by 15.10 and almost hitting the recent swing high.
What this did to N50 is the 2nd anomaly, it helped it snap out of the bearish sentiment. Sometimes a 40% weighted component like BN can pull so much of weight to turn the bias of N50 (really fascinating). This small momentum could help Nifty conquer the 2 resistances in the upcoming week.
The options data was not hinting at this reversal, till 13.00 - the CEs were getting aggressively written. And once this sentiment changed more participants started writing PEs.
Why is there so much buying at the top levels, I do not really know. Is FOMO fever back? Saw a news DAX (Germany) hit a new 52wk high. So the bearish cloud is starting to disappear for real?
(to view all 6 charts & indicators visit viswaram. com)
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From a trading perspective these need not bother you. Longer term investments can be done via SIPs or lumpsum based on whether your main income is from salary or self-employment.
Traders are in the business of speculation, i.e in the short-term where the markets are likely to go (or not go). And factually traders need not have FOMO - just need to get your views backed by solid research.
If you are just starting out, go ahead with credit spreads in weekly expiries. It will give you learnings if your view is wrong & earnings if its right.
BNB Price Prediction, will BNB’s price hit $528.24?BNB’s price at the same time last week was $307.79. It has moved by 1.24% in the past week and is currently at $308.85. Infact, in the past 24 hours, BNB has dumped by -1.70%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BNB could hit $490.92 in 2024.
The total circulating supply of BNB as of writing this article was $157,886,280 and the market cap of BNB remains at $48,765,651,999.
BNB, BNB could hit $528.24 in 2023
BNB’s price prediction for the most bearish scenario will value BNB at $247.08 in 2023
BNB’s previous All Time High was on 10th May 2021 where BNB was priced at $686.31