HDFC Bank closed strong in weekly tight frame. Immediate target is 1750 and in case of a breakout, BankNifty will fly
ZEEL's gonna see some good momentum. This week closed strong at 280 and any closing above 300, swift up north till 380.
NIfty 50 closes well above 20000 in monthly timeframe, indicating strong upmove ahead. With FIIs lowering down the selling and breakeven this month and buy more next month. Looking forward for new highs in the coming months
Bajaj Finserv looks like its gonna close strong in weekly tf, well above the previous highs
Nifty futures saw some good amount of buying at 10:15AM, with the price at the bottom trendline. THere are high chances that we might cross 19850 and move further north.
NIFTY futures awaiting breakout at 19850 level, the previous high. ALso spot price almost reached 19800. With the global markets almost reaching all time highs, there are high chances that we will be reaching 20100 in the near future.
NIFTY although a opened in a good gap, it still faces selling pressure as the price has not yet crossed the 19250 level. Considering the current level is a lower high and slow momentum in the last five sessions, price is consolidating inside a triangle. Hopefully we see some 18600
BankNifty is clearly rejected at the top and moving south and will move further down south once crossing the 42500. Lets see how it pans out
Tata Steel approaching trendline, as we see it moved up with fierce momentum and coming down and there are very high chances that its gonna move further south, as Nifty is moving down as well
TCS has been moving south ever since war broke out, so does the IT index. Lets see how it pans out
NASDAQ seems to be consolidating inside a range and with strong buying at the lows, another 2pc would be a clear cut breakout.
Nifty is indecisive on expiry. If it manages to open around 19700 -19750, there would be some good amount of buying and will push the market higher till Deepavali
ZEEL consolidating for a while with some higher lows. Saw some buying today with good amount of volume. Immediate target is 300
Nifty awaiting breakout, with daily closing around 19700 would clearly give a rally till Deepavali.
HDFC BANK holding its current demand zone with strong upside today as BankNifty reached 44000 today. If it pushes north, we might see some upside momentum till Deepavali. Lets wait and watch
BankNifty looks it might cover the shorts today and move back to the open price, if the current low holds. Lets see how it goes...
Nifty broke below 19600 formed a new low and pulled back into 600, if the daily closing is inside 600..nifty might recover in the short term
Nifty saw some recovery at 19600 levels. Attached the intraday range for scalpers