US Markets are showing a lot of resilience and I do not expect them to collapse like many are claiming. If US Holds its levels, we will also remain strong during this pre-election rally. TVC:DJI
BankNifty Analysis - Stance Bullish ⬆️ BN also gets a stance upgrade to bullish, the momentum that was lacking till now came from sources we never knew existed. Kotakbank has a stunning 9.11% weightage on BN index and despite it being 10% down, BN managed to rally 886pts ~ 1.86% intraday today. BN managed to surpass the 48103 resistance which gave it the bullish...
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: "For tomorrow, we wish to maintain the neutral stance and look for bearish opportunities if 22295 is getting broken. If the index moves up, 22519 would be our first level to watch for." Kotak Bank started the day with cuts of -10% due to the RBI news impact from yesterday. The spillover effect was visible on...
Hello Everyone. The market was in a bullish mode today. As per the US market it looks like a gap down opening tomorrow. If you made profits today then its better not to trade tomorrow as premiums are high and operators will try to get traders SL throughout the day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to...
Nifty opens gap down but bulls stretch their arms for yet another session and made days high that is 22625. Nifty was up almost 200+ points, at closing time nifty was up by 167 points which is 0.75%. Index has formed a big green body candle with upper shadow on daily chart which indicates participants were buying from days lower level. Candle is 90% above the 9...
Hello Everyone. The market was in a bullish mode today. As per the US market it looks like a gap down opening tomorrow. If you made profits today then its better not to trade tomorrow as premiums are high and operators will try to get traders SL throughout the day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to...
Hello Everyone. The market was in a bullish 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...
NSE:NIFTY Highest Call writing of 130.29 Lakh at 22500 Strike followed by 98.77 Lakh at 22700 Strike and 93.03 Lakh at 22600 strike. Maximum Put writing of 98.82 Lakh at 22000 Strike followed by 90.30 Lakh at 22300 strike and 89.84 Lakh at 22400 Strike. Index may face resistance near 22500 - 22525 and go upto 22600 level if sustain above 22550 level. Index...
NSE:BANKNIFTY Highest Call writing of 11.10 Lakh at 48500 strike followed by 9.37 Lakh at 48000 and 7.66 Lakh at 49000 strike. Highest Put writing of 12.99 Lakh at 48000 strike followed by 8.21 Lakh at 48200 strike and 5.53 Lakh at 47500 strike. Index may face resistance near 48500 - 48650 level and and go upto 49000 is sustain above 48650 level. Index has...
NSE:CNXFINANCE Maximum Call writing is at 22000 strike with 7.67 Lakh followed by 5.83 Lakh Call at 21700 Strike and 4.96 Lakh at 21600 strike. Maximum Put writing is at 4.29 Lakh at 20700 strike followed by 4.25 Lakh Put writing at 21100 strike and 3.83 Lakh at 21400 strike. Index may face resistance near 21700 level and go upto 21800 level if sustain above...
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 9.22 Lakh is at 10800 strike followed by 8.89 Lakh at 11100 Strike and 5.35 Lakh at 10900 strike and Put writing of 8.58 Lakh at 10800 Strike followed by 5.89 Lakh at 10700 Strike. Index is closed near 10835 level. Index may face resistance near 10880 - 10900 level and go near 10950 level if sustain above...
#Banknifty:26th April Step1: 48163-48064....zone good level to buy long. Step2: Swing low 47911....possible. buy and hold long. Step3: stay invested for 48985 within Monday.
DJIA is about to start a downtrend after failing closing above 38600. Now It will be going to touch 37000 and next to 35200.
26 apr 2024 WORLD MARKETS 1. World markets are looking positive. INDIA VIX AND GIFT NIFTY 1.India VIX is below 11 indicating more bullishness. 2. GIFT Nifty is indicating a gap down of 112 points. Surprising. Back below 22500 levels. INDEX HEAVY WEIGHTS 1. HDFC Bank is still consolidating with a narrow range of 1500 - 1515. We may see more consolidation with...
NSE:BANKNIFTY on a weekly timeframe is trading in the channel, unless we get a breakout or breakdown of the channel it won't be easy to find a good trend on either side. With geopolitical tensions rising and looking at the charts and the fall in NSE:BANKNIFTY last week there will be selling on every rise. The preferred way to trade this will be selling 48500...
HSTECH has gone through a deep correction in last few years. My wave counts suggest that the bottom has been made and it's the beginning of the next leg up/ or at least a big enough pullback of the entire fall - in any case a good bullish trade. We have completed Wave 1 and 2 and Wave 3 has begun. Within wave 3, just minor 1 and 2 have been done and we are in 3...
Nasdaq has done really well in last 15 months - rallied 70% since Jan '23 and 30% since Oct '23. EW counts suggest that we are close to the end of a weekly impulse. There are 2 alternatives counts - however, my bias is with the blue one, which suggests that there is a correction around the corner. Reason is that there is a topping structure on daily...
22448 -- 22476 above sustains in any hourly candle 🕯 then 📈 📈 to 22561 -- 22598 22351 -- 22316 below Closing in hourly then 📉 📉 to 22229 -- 22159 22316 to 22476 ( No trade zone ) Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.