Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
Today, NSE:NIFTY1! technically hit an ATH of 16,546.50, nearly 5% more than the opening price. Why did this happen? What's the reason? And how do buyers and sellers work? Basically, buying increases prices. As long as buying is strong, prices will increase. As soon as sellers start taking control from buyers, price will first slow down then stop going up and...
Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
#Nifty50 and #Banknifty finally broke their losing streak and saw a relief rally in the second half. Massive action happening if we look at the market depth. A second day of this might mean we see a deeper short-covering rally. Where do you think the #stockmarket is heading? Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596,...
Nifty50 and Banknifty yet another bearish biased day. Gap up open with gap-filling for the THIRD time! No relief rally either... Where do you think the stock market is heading? Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420,...
#Nifty50 and #Banknifty saw a day with some bearish bias. Their down-moves were 2x their up moves. Where do you think the #stockmarket is heading? Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250,...
Levels for Nifty: 15,596, 15,660 ---15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420 --- 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660, 15,733, 15,750, 15,835, 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
Nifty and Banknifty saw a positive yet subdued day, almost as if they were chained and disallowed to use their true potential. Could this be due to Reliance AGM? Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660 ---15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420 --- 34,640,...
A lot of things going on with NSE:APLLTD . Trendline break is evident, but we can also see the stock holding well above the 50 and 200 DMAs. The volume looks very healthy, too. To add, RSI has just crossed above 60. The ~1032 level has proven to be a stiff resistance up till now. I'm already holding this stock, so no fresh position for me, but it's...
Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660 ---15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420 --- 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
NSE:RELIANCE has broken out of the flag pattern with above average volumes, but faces some weakness in crossing the 2220-2250 level, as is evident by the price action recently. With the AGM tomorrow, could RIL sustainably follow through after the flag breakout? We've seen at least one flag breakout in the recent past (not pictured here) after which the broader...
NSE:SBICARD has approached the 200SMA on Daily chart and is not too far away from 50SMA on Weekly. As highlighted in the chart, we can see a confluence of support zone and FIB level. A confirmation candle might be needed, but it looks like an interesting long setup, especially if 900 is retested and held. Target can be around ATH which is ~15-20% away. Price...
Completely opposite to yesterday, where the gap down open saw tremendous buying, today, the gap up open was sold into with banks emerging weak. I take a look at the stock market using the 4-hour chart just to show how the #priceaction has been moving since the past few weeks. The top stocks of the Indian markets are also included. Are you bullish or bearish on ...
Following is my bar-by-bar trade analysis of Venkeys, currently sitting at 80%+ ROI. a. Entered NSE:VENKEYS thanks to the range breakout + RSI 60 breach, indicating momentum. Stop placed at around gap filling (1650). 50DMA was ~9% away from LTP. b. Price saw a strong move on the upside on the next day with a sizeable gap-up. 2,000 psych level held + very strong...
Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660,15,733 --- 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420, 34,640 --- 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
One of the most talked-about stocks of the Indian markets, ITC, is at a crucial zone yet again. 200DMA + 200 psych level + support zone + RSI40. It's retested this level 9 times but is forming lower highs. Will be interesting to see if we're able to see a bounce this coming week... Marked as a 'Long' with a stop below 200DMA, roughly 4-5%.