Apu_3007

Apu_3007 Updated 

What is expected in last trading day of the year 2023: Based on weekly pivots,as WR1 21636 was taken out on Wednesday 27 DEC, the next upside move expect is 21922. As weekly camrilla 4th layer pivot WH4 21688 was taken out on expiry day with gap up ,then next move upside expected is WH5 21977. Today on expiry day got multiple resistance @ 21779. 21779 was...

Apu_3007 Updated 

Based on techinical analysis:Support and resistance combining with Yearly pivots. After a strong bullish rally from yearly CPR (32806 - 33033), it is able to break and sustain above YH3 35427 (Yearly camariila 3rd layer pivot). Before the end the year it can see upside: 1. YR1 37180(yearly floor pivot resistance) 2.YH4 37708(yearly Camariila 4th layer pivot)

Apu_3007

Has opened flat and taking support from 21390.00 has sustained above 21390-21400 1.Till now has been a sideways market,may be some cooling after a strong trendy bullish week. 2.If Bank Nifty also start trading above 48000 again,can expect also a bullish momentum in Nifty. 3.If able to sustained above 21425.00,quite possible that 21515/21527 may be seen upside,...

Apu_3007 Updated 

Yesterday,after opening big gap up above 21018 if any bearish set up would have been seen near 21096-21106, then a bearish to sideways expiry was possible between 21096 and 21018/20940, but open gap up above 21096-21106 and immediately took support,making upside rally to 21200. :: UPSIDE :: 1.As it has sustained above 21130-21150,the next upside target...

Apu_3007 Updated 

1. Late night,after the FED kept the interest interest rate ECONOMICS:USINTR unchanged @5.5%, DOW TVC:DJI showed upside move of +512 points towads 37180 and GIFT NIFTY NSEIX:NIFTY1! showed an upmove of +200 points, chances are Nifty NSE:NIFTY may open gap up. 2.Yesterday,as analysed if open below 20940,then 20940 may act as resistance for downside move to...

Apu_3007 Updated 

1.Yesterday again could not sustain above 21018-21025 2. If today opens flat in between 20859-20900,then 20940/950 may act as resistance though cluster of supports downside 3.But if able to break 20940/950 upside and sustain above 20975 then it might go sideways to bullish 3.20827-20830 might act as support (will wait for price action) 4. If 20820-20830 is...

Apu_3007

Bank Nifty, closed below 47178 which was earlier resistance, after taking resistance from 47476,47373 has broken below 47178. Though it is strongly bullish the first correction may be seen down to 46754. Further correction can be seen down to 46300/285 or 46121 But if a weekly close is seen above 47476/47373 then it may continue it's bulllish moment. The...

Apu_3007

Yesterday couldnot sustain above 20018 Today's opening is improtant: If open above 20969-20900 and after taking support able to break and sustain above 21018-21025 with 15 minute goood closing, then intraday upside move can be seen to 21096/21106. If open gap up above 21018-21025 will wait for buying setup if sustain above 21018-21025 Downside support remains...

Apu_3007 Updated 

If consolidate in between 47373 and 47476 and breaks upside,then intraday upside momentum can be seen to 47762,47808

Apu_3007

Last trading session after reaching 21000 rejection was seen from 21000. For Upside: If opens flat above 20945-20960 and breaks 21008 and sustain above 21018, then intraday upside momentum can be seen to 21096-21106. From 21096-21106 intraday selling may be seen,have to confirm with price action. For Downside: Cluster of supports downside, 20900,(20820-20830)...

Apu_3007

RBI likely to keep the rate unchanged @ 6.5% Generally,market remain calm before the announcement and become volatile after RBI's announcement,a very risky day to trade. Technically on chart: Nifty remain sideways for 2 days in between 20960 and 20850. For UPSIDE. If open above 20920 and breaks 20940/60 upside and sustain it then then 21096 can be seen...

Apu_3007

RBI is likely to keep the rate unchanged @ 6.5%. On chart,Bank Nifty took support from 46500-46474 as expected in 7 DEC analysis. The set up remain same as previous day, FOR UPSIDE: If it breaks 47237,47373(improtant yearly pivotal resistance) and 47476 and sustain above 47476 then intraday upside momentum can be seen to 47999-48000 FOR DOWNSIDE: 46474,46285...

Apu_3007

UPSIDE: After taking resistance from 47237 for two coscutive days if it breaks 47237, and breaks 47373(Yearly pivot resisstance YR1),and also breaks 47476. Then an intraday move can be seen upside to 47999-48000 Above 47476 expecting upside momentum to 47499-48000 DOWNSIDE: 46474 a support, strong support remains 46285 ,will look for buying setup near...

Apu_3007 Updated 

After a trending bullish month in November and closing above all time high of 22222. Nifty may see a sideways to bullish in the month of December. With no resistance on the left hand side ,1st immediate resistance is 20348-20350(monthly camarilla 2nd level resistance pivot) If breaks 20350 and sustained it then next level that can be seen is 20460(monthly...

Apu_3007 Updated 

Till it is holding the price 19636-19675...Then 19770-19775 can be seen within the month of November. Not expecting the target 19770-19775 in intraday,can achieve it gradually before the end of this month. Immeddiate support remains 19575-19600

Apu_3007 Updated 

TVC:DJI at improtant support level 32806-33033 After getting resistance from Yearly camarilla H3 ( 3rd resistance reversal level of Camarilla Equation ) represented by YH3 on chart ,now TVC:DJI is trading at Yearly Central pivot Range (32806-33034) If get a weekly close below 32806 can see further downside toward 31450 (next swing low) and YL3 30867 ,...

Apu_3007 Updated 

NSE:NIFTY On hourly Time Frame with monthly pivots of November 2023. After nifty sustain the price 19360 the past week...Expecting it reach the level 19636-19674 19480-19500 previous support can act as resistance as per price action If 19480-19500 act as resistance then expecting it to consolidate between 19360 and 19480-19500 for upside move to...

Apu_3007 Updated 

NSE:ABB Looking for shorting opportunity in NSE:ABB If get a weekly close below 4135, can see downside move to 3508-3438 Stop loss should be 4330 Target downside should be 3508-3438 1.For the short side trade to execute ,need a weekly close below 4135 2.Can add positions on retracement to (4187-4190) after an weekly close below 4135