NaveenGr

NaveenGr

GOLD - 1. Major Support - 46870. Resistance - 50000, 52500, 56000. 2. Past Trend - Up. In correction since last one year and has successfully broken last one year old trend line. 3. Strength - Is showing strength in up and is likely to break 50000. 4. Future trend - Break of 50000 and up trend continuation to 56000. 5. Trade Setups - a. Buy - above...

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1.Major Support - 17800, Lower trendline. Major Resistance - 18340. 2. Past trend - Major Trend is up. Multiple leg correction going on. Moving in channel with next major resistance as 18340 from where fall is expected. 3. Current Strength - In up. 4. Future trend - Upmove within channel to test 18340 from where fall to 17600. Trade setups - 1. SHORT - If...

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TataSteel - NEWS - Results on 11 Nov, highest ever quarterly profit. Expectation - Strong buying and big trending move. What actually happened ? - Fall from 1340 to 1271, down 1.3 %. As usual news channels hype the results, so called 'analysts', big players declare it the best thing ever. Those unaware of the game buy this fake hype, they buy at open.......

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Banknifty Futures Intraday TRAPPED SHORTS IF SUSTAINS ABOVE 39050 BUY ABOVE 39050 for 39300 and 39500.

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1. Major Support - 700 Major Resistance - 879, 1200. 2. Trend - Up. Deep pullback going on. 3rd Nov high break failed and lead to new low. Buying from 780 levels. 3. Current Strength - Buyers are trying to push above 780 continuously. However strength is still in selling side. 4. Future trend - Low 798 break and new low breaking 742. 5....

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NYKAA - 1. Strong listing, strong buying. 2. 2250 acted as Resistance. 3. Expected move from 2250 is test of 2050. But if it sustains above 2250 then we will have change in structure, meaning sellers are no more able to keep price below 2250. 4. Buy if it sustains above 2250.

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BANKNIFTY FUTURES is showing weakness in daily. It is in range 39000 - 39350, expected to continue this range. TRADE SETUP in 3 minute timeframe - a. SHORT- If sustains below 39000 and weak Pullback. Target 1 - 38800, Target 2 -38660.

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Positive News - Innocent investors entering in hope of quick gain. TVSMOTORS denies the news and it closes near low. AGAIN OUR INNOCENT INVESTORS SUFFERS!! Do not trade on news, Do check our other ideas ' STOCK MARKET MYTHS' series. 1. Major Support - 670. Major Resistance - 800. 2. Past Trend - Up, tested Major Resistance zone 800 on news....

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IRCTC - a. Rejected 3 times from 800. b. Likely to see 875, 960 if sustains above 840. This idea was shared on 08-11-2021 the link for which is shared below, the trade is going on and today it closed near high meaning it is very likely to continue up move.

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IRCTC - a. Rejected 3 times from 800. b. Likely to see 875, 960 if sustains above 840.

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Nifty Futures Intraday Setups Nifty Futures is in intraday uptrend till it is above 18090. Will be looking for long above 18100 and break fail of 18090.

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INDUSIND BANK INDUSIND BANK is in Uptrend. This uptrend will remain intact till it sustains above 950. Bounce Expected from weekly Trendline or Support zone of 1000 with target of 1200. Exit long positions if it sustains below 950.

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A. Opening expected around 18000. B. Expected path after open - Down move. TRADE -1 - SHORT if opens above 18000 and breaks it straightaway. TRADE 2 - SHORT on weak pull back to 18000 after down move. TRADE 3 - Double Top between 18000 - 18050. C. TRADE 4 - If sustains above 18050. BUY after a weak pull back above 18050. But keep targets short as selling...

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IEX 1. Major Support- 641. Major Resistance - 950. 2. Past Trend - Up, 3 legged correction. 3. Current Strength - In up as broke previous high of 749.7. 4. Future Trend - This is an uptrend and we are seeing these down moves as part of correction. We look for signs of strength shift to up to buy in an uptrend. Break above 760 will mean 2 things- a....

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STOCK MARKET MYTHS - There are many misconceptions people have about how stock market works and how it actually works. In this series we burst these myths or clear misconceptions so people can make wiser decisions in trading/investing. Myth Number 2- A stock will fall after bad news. Example- IRCTC - 1. News - Nov 5th - IRCTC, Railway Ministry discussing new...

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3. Final Nifty Analysis - 1. Major Support - 17400 zone. Major Resistance - 18000, 18340, 18600. 2. Past Trend - Up, correction is going on and it is deep with multiple legs, 2 3. Strength/Weakness - current strength is in down as shown by last fall from 18340 to 17613, in fact this down move was stronger than before. 4. Future Trend - a. strength ->...

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STOCK MARKET MYTHS - There are many misconceptions people have about how stock market works and how it actually works. In this series we burst these myths or clear misconceptions so people can make wiser decisions in trading/investing. Myth Number 1- A stock will go up after good result. Reality - A stock may fall big even after very good results. Taking...

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STOCK MARKET MYTHS - There are many misconceptions people have about how stock market works and how it actually works. In this series we burst these myths or clear misconceptions so people can make wiser decisions in trading/investing. Myth Number 1- A stock will go up after good result. Reality - A stock may fall big even after very good results. Taking...