Weekly Timeframe is bullish Daily Timeframe has tested daily structure 4HR is in bullish structure Nifty Midsmall cap is bullt
Dear All, So finally we have witnessed a beautiful closing of above 18888, i.e., at 18972 in Nifty, on the previous trading day of this week. So now our next target is of 19200. Wherein, as per the current scenario we are very much optimistic on Nifty for achieving this Target by today itself. Moreover, as every event has two sides, i.e., a positive...
Levels are typically derived from analyzing historical price data, patterns, and indicators on different time frames, such as the 1-hour time frame. Traders use these levels to make informed decisions regarding entry and exit points for their trades, as well as to assess the overall market sentiment for the banking sector. By paying attention to Bank Nifty levels...
Nifty Bank Trading Opportunities in Intraday Trading Nifty Bank Price levels where the Buying and selling Pressures are Expected to be Strong Support Zones for Nifty Bank are as Given Below S1- 44245 S2 - 43145 S3 - 43940 Resistance Zones for Nifty Bank are as Given Below R1- 44460 R2 - 44670 R3 - 44870 Nifty Bank Option...
after lomg time a very good long is visible, it seems good rr trade will take if hourly closing happens above resistance else will leave the trade.
Kindly follow the levels given on the chart this stock has potential to give good returns trade at your own risk
As of 30th June 2023, the BankNifty index has key levels that traders and investors should pay attention to. These levels act as potential turning points in the market and can provide valuable insights for decision-making. The important levels for BankNifty on this date are: Resistance Level: This is the upper limit that BankNifty may find difficulty in...
1) Weekly Timeframe is bullish 2) Daily Timeframe is also bullish 3) 4HR is in bullish structure 4) Metal Index is also bullish
Dear All, So yesterday, we saw the impact of a Doji pattern, along with the previous candle, altogether called as the Cross harami pattern formation. Where after a weak opening yesterday, Nifty made a beautiful rise in the second half. Now, we are once again very close to our Fresh New High in Nifty. As we are now at 18817, so above 18888, we...
Dear All, Just as we had stated yesterday itself, about receiving a signal from Nifty, via the formation of a Dark Cloud Cover on its weekly chart. Likewise, we did observe a selling pressure in the Market till the second half. Although in the later half, we did also witness some recovery in Nifty. Consequently, we can now observe the formation of a ...
Dear All, Just as we had stated yesterday about considering the Day as a “No Trade Day” , Likewise we did also witness a lot of volatility in the Market yesterday . Wherein, a major supply pressure was witnessed in the Banking Sector. Therefore overall, a tough fight between the bull and the bear, is being observed here at the upper levels. A ...
Dear All, So, we did see the magical impact of Bullish Harami Cross Doji in Yesterday’s Market, as Nifty had successfully made a high of 18728.90 yesterday with a positive green candle on day chart. Well, now it seems that we are very near to witnessing a new high in Nifty. Wherein, the last week and the previous 2 days of this trading week, are somehow...
Dear All, Once again our Morning Mantra update was proven to be absolutely on point on the last Friday. Wherein, as stated a significant Bearish Engulfing pattern on the chart of Nifty on Thursday, had clearly shown the expected fall in the Market on Friday itself. So, as per the current situation we can see a beautiful shooting star pattern on the...
Dear All, Just as we had cautioned you, about the probability of witnessing a supply pressure here at the upper levels. Similarly, we can now observe the formation of a Bearish Engulfing pattern on the Day chart of Nifty, which is indeed not a good sign for the bulls as of now. However, since for the entire week the Market has been in an indecisive...
Dear All, So, once again we can observe the formation of a Cross Doji pattern on the chart of Nifty. Therefore, it’s time to be a little cautious now, because such kind of a consolidation will create a sudden rise or a sudden fall, in the form of a Breakout or Breakdown. Besides, we hope that our Morning Mantra updates have been helping you, ...
Dear All, Just as we had been expecting, about Nifty taking a pull back towards the level of its previous gap up opening. Similarly, it can be observed that Nifty has finally reached around the particular level of 18480. Now with the stop loss of 18400 on immediate basis and 18200 for the mid-term, we are still bullish on Nifty, for the Target of...
Dear All, Just as we had stated in our Morning Mantra yesterday about witnessing a pull back from the level of 18600. Likewise the same was observed yesterday itself, as Nifty had made a low 18,483.85 We can say that yesterday, Nifty had somehow tried to fill up the gap that was created as a result of its gap up opening, the other day. Moreover, for now,...
Dear All, It was indeed a wonderful week for Nifty, as finally we had witnessed a beautiful recovery on a weekly basis. Wherein, Nifty had successfully crossed the level of 18400 and had given us a beautiful weekly closing of 18500 approx. So yes, somehow our predictions are becoming true, that above 18200 we are now ready for a new high in Nifty,...