DamisInvestments

DamisInvestments

BankNifty, the banking index in the Indian stock market, currently shows a promising setup for short selling. Based on technical analysis, it is recommended to consider initiating short positions within the range of 44508-44722. This range is believed to offer favorable selling opportunities in the market. The primary profit targets for this short-selling...

DamisInvestments

Based on careful analysis and market trends, there is a strong probability that the Banknifty index will surpass its previous all-time high level of 44151.80. This anticipated breakthrough could potentially trigger a significant upward movement in the market, indicating a favorable bullish sentiment among traders. Should this scenario unfold as expected, traders...

DamisInvestments

In the past two days, Banknifty has demonstrated a notable weakness in its performance, signaling a potential downturn in the coming days. Today's key reversal is expected to take place within the range of 43450-43550, indicating a potential shift in market sentiment. Given this forecast, traders may want to consider taking a short position on Banknifty Futures...

DamisInvestments

The Banknifty index has been demonstrating an upward trend on a daily basis, although at Damis Investments, we anticipate a potential short-term decline. This is attributed to the fact that the current momentum appears to be primarily driven by news rather than sound market fundamentals. As a means of substantiating our bearish stance, we would like to present you...

DamisInvestments

The Nifty index has been consistently reaching new highs, but our team at Damis Investments anticipates a potential short-term decline due to the fact that this upward momentum is primarily driven by news. In order to support our bearish stance, we would like to share with you the specific levels at which one can take a short position. According to our analysis,...

DamisInvestments

Based on the current market trends and volume analysis, it appears that the Banknifty spot may experience a reversal in the near future, particularly in the 41250-41650 range, with a downward direction expected. The observed volume suggests a bearish momentum in the market. To potentially capitalize on this market movement, it may be advisable to consider buying...

DamisInvestments

Based on the current market analysis, the Banknifty index seems to be exhibiting a bearish trend. Specifically, the price range of 40680-40720 could potentially serve as a reversal point for the market to shift towards lower levels. The expected targets in this case are 40410 and 40230. In addition to this, the trading volume is also providing indications of a...

DamisInvestments

The Nifty index is expected to find support in the range of 16900-16950 and subsequently rebound, generating upward momentum. In the event that the price falls within the specified range and a 15-minute candle closes above the level of 16950, a bullish trend towards the target level of 17180 is anticipated. However, to manage the risk of potential losses, a...

DamisInvestments

Based on the current market analysis, it appears that the Banknifty index is poised to make a bullish move towards the upside direction on the 27th of March, 2023. It is important to note that there are two key support ranges to consider, with one being between 39000-39100 and the other being between 39300-39400. In light of this, a favorable trading strategy...

DamisInvestments

Based on recent market analysis, it has been determined that BANKNIFTY is expected to display a bearish momentum in the upcoming days. In light of this forecast, short-term traders are advised to consider either shorting or purchasing put options for the next month expiry. It is recommended to identify the key sell range between 39830-39980, with a targeted...

DamisInvestments

If the BANKNIFTY spot index experiences a 15-minute candle closure below the critical level of 39900, it may indicate the potential for a bearish market sentiment. In such a scenario, traders may consider a target range of 39700, 39500, and 39100 with a recommended stop loss at 40100. It is important to note that this information is intended for informational...

DamisInvestments

Based on the current market activity and price action analysis, it appears that BANKNIFTY is exhibiting a strongly bullish trend as of March 21st, 2023. Throughout the day, buyers have been overwhelming the market, indicating a high demand for BANKNIFTY and a positive sentiment among traders. Given this market behavior, there may be a favorable long trade...

DamisInvestments

After analyzing the BANKNIFTY chart on the 15-minute time frame, it appears that there is a noticeable bearish sentiment in the market. This is indicated by the current dominance of sellers, which suggests a potential downtrend in the short term. As such, it may be wise to consider a short entry position at 39190. This would involve selling BANKNIFTY at the...

DamisInvestments

On Friday, the 17th of March 2023, the BANKNIFTY showed a strong close, indicating positive market sentiment and bullish momentum. To capitalize on this momentum, traders can consider taking a long position with a target of 40800 and a stoploss at 38900. The support levels for the index are currently at 39500-39700 range, which suggests that the index has...

DamisInvestments

BANKNIFTY Near to PIVOT S3 - Expecting a bounce back till 40600 38000-38500 Best range to go long for the TARGET 39500 40500 With SL 37500

DamisInvestments

Capacite Infraprojects Limited is primarily engaged in the EPC business and provides turnkey solutions for housing, high rises, super high rises, specialty buildings and urban infrastructure. The company offers these services to leading real-estate and government bodies in India. BEST BUY LEVEL ~ 116, 110, 105, 98 TARGET ~ 184 SL ~ 69.50 HOLDING PERIOD~ 6-12 Months

DamisInvestments

A favorable opportunity to open a short position in BTC has presented itself at a good level, with a promising risk to reward ratio of 1:1.5. Bitcoin (BTC) is currently showing favorable technical indicators for short-selling at its current level. Traders can consider opening a short position with a target of 1:1.5 risk to reward ratio, which is a common metric...