Nifty and BN doing SL hunting and Nifty is reversing and trend - bearish resuming from reversal point and strong resistance area... I am expecting bigger fall today and this week. if world equity and HDFC Bank support fall will be fast.
NIFTY Levels for Today Here are the NIFTY Levels for today. Please note, these levels are only for Intraday. The levels identified above can act as support or resistance, although they are shown as three different supports and resistances. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop...
BANKNIFTY Levels for Today Here are the BANKNIFTY Levels for today. Please note, these levels are only for Intraday. The levels identified above can act as support or resistance, although they are shown as three different supports and resistances. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL...
BankNifty also has the same sentiment. It had a solid pullback in the last session, so here also we can expect minor correction only if it rejects around the immediate resistance level. However, if the gap-up sustains or breaks the immediate resistance with a solid structure, then the rally will likely continue.
Good morning, friends! Here are the directions for April 22nd: The global market trend is bearish, supported by the Dow Jones, while our local market sentiment also indicates a moderately bullish trend. It might open with a gap-up start, as suggested by GiftNifty, showing a +160 point increase. Nifty had a solid pullback in the previous session. GiftNifty...
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 has been done and wave 2 correction...
finniftyis now near at 50% area if 1. not sustain then lower bottom and then again double bottom 2. sustain above then first target on given on chart 3. then again if retacement 79% after first target achive 4. rsi and macd is now positive
Mid select index has been a significant correction in from the ath. Friday bounce back was critical. Expiry volatility is a great opportunity for intraday traders who are on the right side of the markets. Index may see further recovery above 10740 levels. Level to watch on the downside is 10614. In between the two levels we may see consolidation. ATH is 11120...
Friday 19th april nifty price ended at resistance line with out giving any indication whether price will get rejected or resistance line will be broken for further up move. In my view till resistance line holds price to test the support area and in my view more chances of breaking and moving below is more possible.
Based on HDFC Bank results on 21 st April if we analyze BN, HDFC Bank and All other BN index bank charts, every bank looks bearish to me !!!!!!! Based on 19th april closing data indicating complete bearishness only in all the banks chart. once the support area is broken we can see big fall in BN. on 22nd April if HDFC is bearish as per Q4 results then my...
What are the 5 steps of risk management? 5 Steps to An Effective Risk Management Process Steps of the risk management process Identify the risk. Analyze the risk. Prioritize the risk. Treat the risk. Monitor the risk.
Is CNX and Nifty the same? Also known as the National Stock Exchange Fifty, the Nifty is the benchmark index of the National Stock Exchange (NSE). The index was introduced in 1996 and is also referred to as CNX Nifty and Nifty 50 by traders. How To Become a Professional Trader : Learn the trading basics. ... Learn the advanced basics. ... Develop trading systems...
History of SENSEX S&P BSE SENSEX, first compiled in 1986, was calculated on a 'Market Capitalization-Weighted' methodology of 30 component stocks representing large, well-established and financially sound companies across key sectors. The base year of S&P BSE SENSEX was taken as 1978-79. S&P BSE SENSEX today is widely reported in both domestic and international...
What is the historical return of Nifty 50? Nifty 50 Total Return index Performance The Nifty 50 TR index has returned 11.8% CAGR, 17.6% CAGR and 28.4% CAGR over the last 15 years, 5 years and 1 year respectively. Volatility has been 22% over the last 15 years, 18.2% over the last 5 years and 15.8% over the last 1 year. All data are as of December 15, 2021. How...
Who is the owner of Bank Nifty? NIFTY 50 - Nifty 50 is owned and managed by NSE Indices (previously known as India Index Services & Products Limited), which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited. How To Become a Professional Trader : Learn the trading basics. ... Learn the advanced basics. ... Develop trading systems...
Hello mates, friends and Trading community today i am sharing an Educational post on Price and Volumes relationship, The relationship between price and volume in trading is a fundamental aspect that traders analyze to gain insights into market dynamics and potential trading opportunities as volume is often used as confirmation of coming price movements,...
Last Week Nifty looked Bearish till Friday but Friday Nifty recovered more than 400 points. Need to see whether Friday move is dead cat or real Bunch to Bear. Watch out level 21777 and 22325. Breaking any side will confirm the Trend. Until 21700 is broken, buy on dips.
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 22-04-24 Book Profit If you have ANY in holding. Head & Shoulder Pattern will emerge. It is bearish signal to change the Uptrend into downtrend after some futile effort to close above previous high. Now “Sell on Rise” will play for next few months. Stay In Light...