This view is on daily time frame and with the Elliot wave theory of hrly lower channel breaks then it will head towards 15330 and 15086 levels, these levels can become a good buy zone because Elliot ends and upside resumes to break all time high.
Nifty at the lower channel, possibly will take support and go up to the upper channel. If FIIs enter and upper channel breaks then view changes and red mark arrows becomes valid.
Paytm forming bullish setup, follow the blue path and Sl at lower range.
#NIFTY50 expiry day analysis Possible moves today Nifty gapdown upto17000-17100 range Nifty pull back towards 17200 Range bound between 17200 & 17300 2nd half move expected which ever side it breaks out. Breakout from 17330 will move towards 17500, 17600 Breakdown from 17200 will move towards 17080, 16950
Ultratech Cement can take support near 6250-6300 and start it's upward journey towards 7000+
Hdfc Bank has fallen, it can be a good buy around 1345-1355 for 1440 and above targets
Excel industries looking very bullish, risky can buy for targets above 1600, I would wait for a little correction best if it closes the gap and start its journey upward.
Bajaj consumer, I'm bullish on this one with a mid time frame, buy 50% now and rest if comes around 112-120
Banknifty has taken support, if this support of 34900 is broken expect more pain downside. Else upside is open for 40000
Mahendra & M Fin halted near the support once again to reach 170 and 200
Nifty in coming days if breaks critical 16800 before upside breakout then a long bearish market can begin.
Bank nifty for tomorrow, flat to gapup opening towards resistance near 37800 If 36400 broken in coming days then more weakness expected towards 36000
BNA Ltd breakout on weekly chart suggesting a decent upside.
Nifty presenting 2 scenarios The blue one suggest an opening gapdown near 17150 will then fill the gap and show bullishness beyond 17300 The red one suggest a gapdown or break below 17045 will further weaken the markets towards lower targets near 16800
Ramkrishna Forgings rests around ots support for the journey upwards.