Good Morning, friends! 🌞 Here are the market directions and levels for December 12th. Market Overview: There have been no significant changes in global and local markets, and both continue to maintain a bullish sentiment. Today, the market is expected to open with a neutral to slightly gap-down start, as the Gift Nifty is showing a negative 10 points at 8:00...
Good Morning, friends! 🌞 Here are the market directions and levels for December 12th. Market Overview: There have been no significant changes in global and local markets, and both continue to maintain a bullish sentiment. Today, the market is expected to open with a neutral to slightly gap-down start, as the Gift Nifty is showing a negative 10 points at 8:00...
Bank Nifty Current View: The current view for Bank Nifty indicates that if the market initially declines, it could reach a minimum of 53370 to the minor demand zone. After that, if it consolidates or breaks this level, then the correction will likely continue. Alternate View: The alternate view is similar to the Nifty sentiment. If the market initially pulls...
Good morning, friends! 🌞 Here are the market directions and levels for December 11th. Market Overview: There have been no significant changes in the global and local markets, and both are maintaining a bullish sentiment. Today, the market may open with a neutral to slightly gap-down start, as the Gift Nifty is showing a negative 10 points at 8:00 AM. In the...
Bank Nifty Current View: The sentiment for Bank Nifty looks similar to that of Nifty. If the market takes an initial pullback, it could reach the supply zone, which is a major resistance. If it breaks this resistance, we can expect the next target to be 54,234. On the other hand, if it doesn’t break this level, the range market will likely continue. Alternate...
Good morning, friends! 🌞 Here are the market directions and levels for December 10th. Market Overview: There have been no significant changes in the global and local markets, and both are maintaining a bullish sentiment. Today, the market may open with a neutral to slightly gap-up start, as the Gift Nifty is showing a positive 15 points at 8:00 AM. In the...
Good morning, friends! 🌞 Here are the market directions and levels for December 9th. Market Overview: There have been no significant changes in the global and local markets. The global market is maintaining a bullish sentiment (based on the Dow Jones only), while our local market also exhibits a bullish sentiment. Today, the market may open with a neutral to...
Bank Nifty Current View: The sentiment for Bank Nifty looks similar to that of Nifty. If the market takes an initial pullback, it could reach the supply zone, which is a major resistance. If it breaks this resistance, we can expect the next target to be 54,234. On the other hand, if it doesn’t break this level, the range market will likely continue. Alternate...
Bank Nifty Current View: The sentiment for Bank Nifty looks similar to that of Nifty. If the market takes an initial pullback, it could reject each and every resistance level, indicating that it may form a diagonal pattern. This is a time adjustment and distribution pattern; therefore, once the pattern breaks below the trend line, we can expect a reversal. This...
Good morning, friends! 🌞 Here are the market directions and levels for December 6th. Market Overview: The global market is maintaining a bullish sentiment (based on the Dow Jones only), while our local market also exhibits a bullish sentiment. Today, the market may open with a neutral to slightly gap-up start, as the Gift Nifty is showing a positive 30 points at...
Current View: The sentiment looks similar to that of Nifty. If the market takes an initial pullback, it could reach a minimum 81202 or 50%. After that, if it gets rejected there, we could see a correction of 23% to 38% in the minor swing. Conversely, if it breaks through or consolidates at this zone, the rally is likely to continue. Alternate View: The...
Good morning, friends! 🌞 Here are the market directions and levels for December 4th. Market Overview: There are no significant changes happening. The global market is maintaining a bullish sentiment (based on the Dow Jones only), while our local market shows a moderately bullish sentiment. Today, the market may open with a neutral to slightly gap-up start, as...
Bank Nifty Current View: The sentiment looks similar to that of Nifty. If the market takes an initial pullback, it could reach a minimum supply zone. After that, if it gets rejected there, we could see a correction of 23% to 38% in the minor swing. Conversely, if it breaks through or consolidates at this zone, the rally is likely to continue. Alternate...
Good morning, friends! 🌞 Here are the market directions and levels for December 3rd. Market Overview: There are no significant changes happening. The global market is maintaining a bullish sentiment (based on the Dow Jones only), while our local market has a moderately bullish sentiment. In the previous session, Nifty had a solid pullback and ended around the...
Bank Nifty Current View: It looks similar to Nifty's sentiment. If the market takes an initial pullback, it could reach a minimum of 61% to 78%. After that, if it consolidates or breaks this level, the rally will likely continue. Conversely, if it rejects this level, it may consolidate between the previous low and the upcoming high. If it breaks below the bottom...
Current View: The current view indicates that if the market starts neutral or experiences an initial decline, the immediate zone(red) will act as support. If it consolidates or breaks this level, we can expect a continuation of the correction, with a minimum target of 79136 to the minor demand zone. This is the basic structure. However, if it doesn’t break this...
Good morning, friends! 🌞 Here are the market directions and levels for December 2nd. Market Overview: There are no significant changes happening. The global market is maintaining a bullish sentiment (based on Dow Jones only), while our local market has a moderately bearish sentiment. Today, the market may open with a neutral to slightly gap-up start, based on...
Bank Nifty Current View: The current view indicates that until we break the previous low, we cannot expect a correction. If it breaks, we can expect a minimum of 51656 to 51461. On the other hand, if it doesn’t break the previous low, consolidation will likely continue. Alternate View: The alternate view suggests that if the market sustains the gap-up and...