Pre-market Analysis Nifty Bank Nifty 28 June 2023Market Recap
Nifty advanced 0.68% to close at 18,817.40
Bank Nifty advanced 1.10% to close at 44,121.50
India VIX declined 5.42% to close at 10.78
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Pre-market Analysis Nifty Bank Nifty 21 June 2023Market Recap
Nifty advanced 0.33% to close at 18,816.70
Bank Nifty advanced 0.30% to close at 43,766.50
India VIX declined 0.82% to close at 11.13
Pre-market Analysis Nifty Bank Nifty 15 June 2023Market Recap
Nifty advanced 0.21% to close at 18755.90
Bank Nifty declined 0.21% to close at 43988.00
India VIX advanced 0.47% to close at 11.16
Pre-market Analysis Nifty Bank Nifty 14 June 2023Market Recap
Nifty advanced 0.62% to close at 18,716.15
Bank Nifty advanced 0.31% to close at 44,079.85
India VIX declined 1.20% to close at 11.11
Pre-market Analysis Nifty Bank Nifty 13 June 2023Market Recap
Nifty advanced 0.21% to close at 18601.50
Bank Nifty declined 0.10% to close at 43944.20
India VIX advanced 1.12% to close at 11.24
Pre-market Analysis Nifty Bank Nifty 12 June 2023Market Recap
Nifty declined 0.38% to close at 18,563.40
Bank Nifty declined 0.01% to close at 43,989.00
India VIX declined 1.22% to close at 11.12
Pre-market Analysis Nifty Bank Nifty 09 June 2023Market Recap
Nifty declined 0.49% to close at 18,634.55
Bank Nifty declined 0.63% to close at 43,995.25
India VIX declined 1.62% to close at 11.26
Pre-market Analysis Nifty Bank Nifty 08 June 2023Market Recap
Nifty advanced 0.68% to close at 18,726.40
Bank Nifty advanced 0.25% to close at 44,275.30
India VIX advanced 0.55% to close at 11.44
Pre-market Analysis Nifty Bank Nifty 07 June 2023Market Recap
Nifty advanced 0.03% to close at 18,599.00
Bank Nifty advanced 0.14% to close at 44,164.55
India VIX advanced 2.18% to close at 11.38
Mazagon Dock Looks Extremely StrongMazagon has given a very strong breakout with all defence theme related stocks moving in today's market. Keep a Stop Loss at 910 and continue to hold. This stock completed its correction properly and then moved ahead. Good pick in my opinion.
Pre-market Analysis Nifty Bank Nifty 05 June 2023Market Recap
Nifty advanced 0.25% to close at 18,534.10
Bank Nifty advanced 0.34% to close at 43,937.85
India VIX declined 4.07% to close at 11.12
Nifty50 Day End Analysis 2023.02.06NSE:NIFTY looks to extend the current corrective phase till 18450-18420 or in worst case till 18360 (rare chance but still a probability) level.
● Wave a (sky blue color) with subwaves i-v (purple color) completed on 2023.06.01.
● Currently into wave b (sky blue color) which is an abcde (purple color) contracting triangle pattern.
● Wave c (sky blue color) should take it to 18450-18420 or in worst case till 18360 level.
Pre-market Analysis Nifty Bank Nifty 02 June 2023Market Recap
Nifty declined 0.25% to close at 18,487.75
Bank Nifty declined 0.77% to close at 43,790.20
India VIX declined 3.13% to close at 11.60
Bow and arrow pattern , rounding bottomstrong consolidation on trendline indicating 2x returns.
rounding bottom in monthly time frame .
stoploss 60 ..... big target if monthly candle closes above 110
Pre-market Analysis Nifty Bank Nifty 01 June 2023Market Recap
Nifty declined 0.53% to close at 18,534.40
Bank Nifty declined 0.69% to close at 44,128.15
India VIX declined 0.31% to close at 11.97
Pre-market Analysis Nifty Bank Nifty 31 May 2023Market Recap
Nifty advanced 0.19% to close at 18,633.85
Bank Nifty advanced 0.28% to close at 44,436.35
India VIX declined 2.34% to close at 12.01
INDHOTELS TRYING TO CATCH TOPStop loss is little bit big here but a good trade both levels for intraday and swing are mentioned on charts please follow and connect with your financial advisor
Pre-market Analysis Nifty Bank Nifty 30 May 2023Market Recap
Nifty advanced 0.54% to close at 18,598.65
Bank Nifty advanced 0.67% to close at 44,311.90
India VIX advanced 3.34% to close at 12.30
Pre-market Analysis Nifty Bank Nifty 29 May 2023Market Recap
Nifty advanced 0.97% to close at 18,499.35
Bank Nifty advanced 0.77% to close at 44,018.00
India VIX declined 4.95% to close at 11.90
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
Nifty Day end analysis 2023.05 25NSE:NIFTY
Moving inside a triangle abcde pattern right now.
Currently wave d is underway.
Triangles occure in wave 4 so after end of abcde pattern (and wave 4), wave 5 should take the index further up.
Pre-market Analysis Nifty Bank Nifty 26 May 2023Market Recap
Nifty advanced 0.20% to close at 18,321.15
Bank Nifty advanced 0.01% to close at 43,681.40
India VIX declined 4.52% to close at 12.52
Balkrishna Industries: Bullish TriangleUsually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above the level of wave-d. The minimum target of the pattern is just a poke above the level of wave-b and just above the level of wave-3 of the impulsive count. There is also a guideline to predict the target of this pattern which is known as triangular thrust. The triangular thrust is the measurement of the distance from the level of wave-a to the level of wave-b . This measured length should be kept at the point of completion of wave-e (conservative approach) or to the breakout level of wave-d to get the target of this pattern (aggressive approach).
INVESTMENT STRATEGY:
Buy on CMP 2445 , keeping SL of 2150 look for the measured target of 2900/2950 in the coming months
