Technical: • After reaching a fresh high of near 5,000, the stock has reversed from that level, indicating a potential change in character, a term often used in technical analysis to denote a shift in trend or momentum. • The RSI (Relative Strength Index) has dropped below 50, signaling a potential weakness in momentum and a bearish outlook in the near...
Given the current geopolitical scenario, BANKNIFTY may face downward pressure. We can expect that if tensions persist, BANKNIFTY could potentially fall to its next psychological level of 51,000 . Investors are advised to remain cautious and consider defensive sectors like pharmaceuticals and FMCG during this period of uncertainty so plan your trades accordingly.
Again saying there’s no need to panic. Have patience—the market is strong and I’m confident we’ll see it hit 27200 within the next 2-3 months. Stay focused and trust the process.
This is a crude oil chart on 15 mins TF, Crude Oil Futures respecting the Zones plotted by AI Quant-X indicator. These Zones are plotted using Complex AI Calculation & Data Processed by Machine Learning.
Symbol - NIFTY50 CMP 25305 If you are a long term investor, one thing that will help you to decide when to invest - Nifty monthly RSI. As and when RSI moved above 80, markets uniformly correctly (around 20% usually) & as and when RSI came below 40 level, markets uniformly rallied. Now RSI is at 82 Fundamentals are also showing that overall market is modestly...
Imaging the sentiment on the sell off lol. Price is currently kissing the 200 EMA and a line I had set at $60,297. Maybe we get to see the light down the road.
Dear Traders, We are seeing some major correction on Reliance since last few weeks, in our technical view price is yet to drop further towards our designated buying zone. Expect a swift buy from our identified key level, even possible to see a continuous bull run taking price above 3500 region. If you agree to our view please like and comment for more.
**Ujjivan Small Finance Bank: Investment Rationale** **Current Market Price (CMP):** ₹40 **Recommended Buying Strategy:** - **Phase 1:** Buy between ₹40 and ₹38 - **Phase 2:** Buy between ₹30 and ₹26 **Short-Term Targets:** ₹32, ₹37, ₹40+ **Positional Targets:** ₹40, ₹48, ₹55, ₹72, ₹100+ **Key Investment Highlights:** - **Robust Loan Book Growth:** The gross...
Honestly My Opinion I Don't Like buy options Scripts For HAL as we know premium are way to expensive But the Chart Pattern is so perfect I cant Avoid the trade TEXT BOOK chart pattern symmetrical triangle ... A symmetrical triangle is a chart pattern used in technical analysis that indicates a period of consolidation before the price breaks out in...
SCHNEIDER is in the Daily Demand Zone, there is a chance of this demand zone to not sustain as the supply zone above is near, and the overall market sentiment is negative
TATACONSUM is near its daily demand zone and it is fresh demand zone
Buying side itdcem good apportunity break the box in monthly timeframe
The Nifty index shows a clear short signal on the monthly charts, while the RSI (Relative Strength Index) is in the overbought zone. Historically, the market corrected by more than 10% whenever the RSI reached this overbought level. This pattern suggests that despite recent upward momentum, a significant correction could be on the horizon based on past market...
On Thursday, BankNifty opened gap down and faced intense selling pressure, diving deep into the daily demand zone. It hit a low of 51,683.40 before closing at 51,845.20, losing a significant 1,077 points from the previous close. While the Weekly Trend (50 SMA) remains positive, the Daily Trend (50 SMA) has shifted to sideways, indicating a potential change in...
On Thursday, Nifty faced heavy selling pressure, opening gap down and failing to hold the near daily demand zone. It hit a low of 25,230.30 before closing at 25,250.10, losing a massive 546 points from the previous close. While the Weekly Trend (50 SMA) remains positive, the Daily Trend (50 SMA) has shifted to sideways from positive, indicating potential caution...
HDFC bank will fall to 1635-1620 then buy for 1750-1770 Target Support and resistance levels are mentioned on chart there is no buy signal on harmonic pattern so it will break recent low and make fresh low near 1625-1620
Hello Everyone. The market was in a bearish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...