Nifty Hits Another But Ends on An Indecisive NoteNifty Hit 24600+ but failed hold on to the higher level and ended in an indecisive manner which is not a positive sign.
Bank Nifty ended well and looks set for a potential good trade set up.
Here is the video which gives details of the actions that took place today in the market.
Please let me know if this is helpful.
Thank you,
Umesh
Trend Analysis
Will NIFTY & Bank Nifty's have a Tight Rangebound Movements ?Nifty looks stronger rather then Bank nifty overall in the charts, Nifty above 24600 will open doors fro 24800 levels above the new range till 25200 levels. SUpport is at 24150-24250, below this price should see 23980 level.
Bank Nifty has given a breakout from falling wedge, support at 52000-51900 levels, upside till 53200 level.
Potential Swing Trading OpportunitiesHere is the video where I explain how I select stocks for Swing Trading and I also share the list of stokcs that may give a good trading opportunity in the week to follow.
I may or may not take any of these trades.
Thank you for watching and I will be happy to receive your feedback.
Umesh
Nifty Ends Above 24500 But Bank Nifty Ends FlatNifty made a dash towards 24600 but just failed below the line, however, it managed to end above 24500 which is yet another all-time high close.
Bank Nifty on the other hand ended almost flat after dashing towards 52800 but that resistance line is very hard to crack.
Today's star performer was TCS which was up 6%+ which is quite an usual move for the index heavyweight.
Here is the videp that summarizes the moves for the day.
Please do share your comments and views.
Thank you
Buy btcusd 57400, sl 56900, tgt- 60,000 ,63000Dear Traders and followers,
i just analysis that price already attempt 4th times at 58400 and already took all liquidity and reached at 59400, and create a CHOCH with blue line. bitcoin now touch its low 57070, that means last candle of Block order swept its liquidity and price is at 0.38% 57400. Why this support 0.38% 57400 because when price break this support and comes down then this price take support at 0.38% every time, so, i decided to buy and most important thing is that price will break all support so don't try to sell at any point.
for more detail about this watch my video.
Sell BTCUSD at 59000, SL 59400, TGT- 53000,In this 1h chart I am seeing that 4th times attempt completed and also generated a CHOCH on 1h chart. So, in downtrend pattern when gives CHOCH in up side that means price will use their Block order at lowest point at 53000, but now today 10 Jul. 24, at point of bitcoin 57400 a support of higher low of 1h chart and it will take a support and price will go up at 59000, and comes down at may be 58000, and will go up at 58700 it will generate a lower high and lower low patter, it means price will go down. So, in 1h chart price will go down within 3 days at its lowest low 53000 and there is a block order it will hit and if take support or CHOCH generate in 15m chat than I will recommend a buy call at that point may be 53500. We will not able to buy at 53000
When is the fall coming in Indexes ? Will the fall come ??Nifty and Bank Nifty on daily chart are showing some weakness, Nifty if breaches 24400 level then we can see a movement to 24800, in shorter time frame (30mins) nifty has shown a strong upside move, which indicate it will move up!!
Bank nifty is still lagging behind, it has to move aboe 53300 level for further upside to 54100-200 levels, support is at 51900 level.
Nifty & Bank Nifty Analysis For Next Week 08-12 July 2024In this video, we'll discuss about Market's Last Week Movement and we will try to analyze Coming Week's probabilities in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
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Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
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