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On Friday a 50 bps increase in the repo rate this week, the fourth consecutive rise since May 2022. This takes the repo rate to 5.90 percent – the highest level since April 2019 – from 5.40 percent. Nifty moved upward and closed +270 points in positive near to its 17100 the resistance level of 17200 is the upcoming Target from Nifty. Although it tried to...

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After Corona, Bandhan Bank is still in the range-bound market and below 250 we can see a good target on the short side for the upcoming weeks. Previous support of 260 is broken and now it is moving towards 250. 250 level is good support and the last support of range-bound trade.

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ITC after long support of 20DMA now closed a candle below 20DMA in the 1-day chart. On the lower side, we can see a trendline breakdown too and 50 DMA is our next TARGET. Also, 10DMA crossed the 20DMA in the 1-day chart now we can trade for short up to lower support line. The evening star candle was formed, showing a downtrend later on a Doji and a gap down...

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RELIANCE is making a good triangle pattern and moving averages are also showing bearishness in the stock thus Reliance can enter the Bear market once it breaks the triangle. THE MAJOR support is now 2400 that's gonna be the first target and the second target can be 2200.

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GOLD is continuously selling and rejected again and again from the trendline and levels 1700 and 1600, making it rangebound any side of the above levels can lead to a good target. the lower side is going to be the target up to 1620. the upper side is gonna be 1720 to 1740 and so on....

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Wipro from past days taking the support of level 400 and jumps back to make a bull run but from the past days it makes the DESCENDING TRIANGLE PATTERN which is a bearish pattern SELL SELLING below the level of 400 can lead it up to 380--350 level on the lower side. BUY Buying is gonna be risky from this point but taking support of level 400 can push it to...

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As the INDIAN IT showed some bearishness in the last two trading days so as per that and as per BRITISH inflation data most of the IT sector also we can see through the US data countries are starting to go into a recession. Thus IT sector is crashing so this share which is having most of the business in EUROPEAN countries also it is showing exhaustion after...

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As in the chart, we can see that HINDALCO successfully achieved its previous breakout zone but started consolidating at the level of 412 - 450. It created a box pattern. based on these levels we are expecting a gap-down opening which can lead it to up to the level of 400. expected price opening to be around 412 to 410 THE FIRST TARGET ON SELL SIDE is FRIDAY'S...

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BUY SIDE As recently Bank Nifty made a new high just above its previous high so now it is in the wedge pattern which is looking for the support and near by good support is of 40500. Thus we can go for long in Bank Nifty upto next high level or for a double top pattern..... SELL SIDE As BANK NIFTY rejects from its previous high and continously going toward its...

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#silver trading for Intraday on Silver as per price action as silver consolidated near 57000 to 56600 on thurday level. So these levels will act as the support and resistance again and here its forming the consolidation pattern. another major trendline coming up from the high of 13 septemberso for the buyer once that trendline breaks will give the breakout. and...