NirajSuryawanshi

NirajSuryawanshi Updated 

To justify the potential decline of the NIFTY50 to the 23,300 level by October 28, 2024, from its current level of 24,840, several key factors must be considered: Global Economic Uncertainty: Escalating geopolitical tensions, especially with conflicts or trade wars involving major economies, could negatively impact investor sentiment. This may lead to capital...

NirajSuryawanshi

With the markets soaring due to huge influx from domestic and international investors in India as India is seen as the new powerhouse economy of the world and also new people constantly joining the race to make a buck for themselves, the demand drives the market to new high every month in 2024! The unnatural returns forces the common man to believe that every...

NirajSuryawanshi

Market is making new high's and respecting support levels while climbing, which acted as resistances! Today NIFTY hit 20222.45 which is all time high and cooled off and closed at 20192.35 above support level between 20167.65 & 20160.2. We are at a support level of 20167.65 & 20160.2 & crucial support at 20129.7, if we manage to hold these we will be able to see...

NirajSuryawanshi

19600 has been a resistance and also 2.618 level acquired from tracing fall during COVID 19 and applying FIB retracement to it. today on 6th Sept 23, after establishing a strong support at 19490-19500 (during sept 1st week) NIFTY finally broke 19600. looking at the channel break during last week of August 23, I personally think we might touch 19991 or even 20000...

NirajSuryawanshi

The breakout observed in the IRCTC stock chart suggests several potential implications for traders and investors: Bullish Sentiment: The breakout indicates a prevailing bullish sentiment surrounding IRCTC. Traders who have taken long positions may expect further price appreciation. Short-Term Opportunities: Short-term traders might look for pullbacks or...