Trendxinc

Trendxinc

For #BankNifty resistance is at 47360. After this the target would be 47590/47935/48244. Support - 46930 for Intraday. 46215 for positionals. Other than this no specific update. Try not to trade today. If you do, use proper Stoploss and Risk Management. Have a good day ahead. #TrendX #Masterclass #March2024

Trendxinc

Gud morning everyone! 2nd March, 2024. Saturday. Told you, if 22225 taken away we may see a new record high in #Nifty. We just did yesterday. Once again it's proven that Technicals come before any other events. Be it news or Modi. So today, Market will open with a gap of 2 trading sessions. And because of this gap, we will only watching and learning today. No...

Trendxinc

So yesterday #Nifty washed away previous 2 days' gain. It may happen today once again. On other note, global data showing a bounce back plus, Reliance's new JV with Disney may also contribute to Nifty's bounce back. However, game is simple today. I will be watching 1st hour's candle made and that will decide the direction of market today. If it's high broken...

Trendxinc

#BankNifty tried to bounce back but failed yesterday. It may taste 200SMA again. The support now points at 45500 levels. If this is taken away then we can see 200SMA being tested which is at level of 44870 levels. On upside any major move will come only above 47200 levels. If this is taken away then we can see 48200 in next few days being touched. Again, it's...

Trendxinc

For #BankNifty, any big move gonna come above 46722. If this is broken then we may see a massive short covering to 47200 levels. Support for Intraday is at 46512. Other than that no specific update. Play safe. Have a profitable day ahead. 📈📚 #TrendX #StockMarket #Learning #Nifty #BankNifty

Trendxinc

Hey Everyone, Gud Morning 28 Feb 2024, Wednesday It was a boring market yesterday in 1st half but at EOD #Nifty made a Bullish Engulfing candle suggesting a strong upward momentum to be continued. Now If 22224 is breached today then we may see a new high very soon. Support for Intraday stays at 22082 for all long positions. T+1 day to monthly expiry. Keep...

Trendxinc

For the #BankNifty, the immediate support is 46483. On the upside we can see 46891/47060. Above this level, expect a decent short covering to level 47200. Strictly No trade zone between these levels. Stocks to Watch Out are all Adani Stocks. They are ready to make new highs. Play safe. Have a profitable day ahead. 📈📚 #TrendX #StockMarket #Nifty #BankNifty #Trading

Trendxinc

Gud morning everyone. 27 Feb 2024, Tuesday. #Nifty given a decent correction yesterday as I mentioned on Friday's commentry. Now we have T+2 days of Expiry. I'm expecting a further dip to 22068 levels on Intraday. If this comes we can get a great buying opportunity. On the upside we can target 22175/22252. If these are breached we can see a massive short...

Trendxinc

#SHRIRAMFIN BREAKS OUT FROM HEAD AND SHOULDERS CONTINUATION PATTERN ON WEEKLY TIMEFRAME 📚📈 The price action in Shriram Finance shows a strong uptrend in the weekly time frame. The price has been consolidating for some time, and the pattern that seems to emerge from this consolidation is a head-and-shoulder continuation pattern. The price is also reversing off...

Trendxinc

Hello everyone, Today is February 26, 2024, and we're in the monthly expiry week. Even though February is short, this expiry has more days than usual. After a strong rise on Thursday, Friday was mostly sideways, but still positive for the bulls. This week is crucial, and if things go well, we could see further gains for the bulls. Key levels for the index: -...

Trendxinc

Berger Paints📈📚 #TrendX #Masterclass #Assignment Berger Paints has surpassed the upper trendline resistance of a triangle. RSI is moving in sync with the price and has given a trendline breakout. Key MAs have formed a bullish Crossover on daily chart. The price is now sustaining above its 20 EMA. All these observations are seen in the daily time frame....

Trendxinc

Gud morning all students and members.📈 23 Feb 2024, Friday. So from sliding - 200 points to +162 points push-ups yesterday in #Nifty shows that Bulls are buying every opportunity. This kind of move is very normal when elections are near. Today we can expect a big gap up. Almost 200 points. This gives us next target for Nifty 22335. And a strong support near...

Trendxinc

Gud morning all students and members.📈 23 Feb 2024, Friday. So from sliding - 200 points to +162 points push-ups yesterday in #Nifty shows that Bulls are buying every opportunity. This kind of move is very normal when elections are near. Today we can expect a big gap up. Almost 200 points. This gives us next target for Nifty 22335. And a strong support near...

Trendxinc

Gud morning all students and members. 22 Feb 2024, Thursday. So after a good correction market bounced back from exact support mentioned yesterday. A gap up of 70 points is possible today in #Nifty. Now if we look at upside 22250 is the major resistance. And for support we can mark 21998 level. If we sustain above the resistance then we can see a fresh...

Trendxinc

Gud morning all students. So Nifty rallied almost 75 points upwards and closed above Monday's high. Now immediate support lies at 22021 and next possibly upside target could be 22250/22316 We can see a minor gap up today. If that sustains we are good to go, else we might see a range bound day. For #BankNifty, it's expiry day. 46915 would be immediate support...

Trendxinc

#CIEINDIA Price has been consolidating for few weeks after the Dec quarter ended. After that, investors' confusion can be seen clearly in daily chart. The last good move came on Jan 1 2024 with 5% and volume 1.8 million. After that, neither the high of that candle has broken nor the lows are taken. It clearly suggests one thing - investors are waiting for the...

Trendxinc

📈 This week, the Nifty 500 index saw a 1% surge, gaining 203 points and closing at 20,164 levels. The market experienced a sudden dip on Monday, followed by a recovery on Tuesday, ending positively. Subsequently, there was a strong rebound in the following sessions. ⛽ The Nifty Oil & Gas index remained robust, while Nifty Auto and Nifty IT also showed significant...

Trendxinc

🚗🔌 Transitioning to Electric Vehicles (EVs) is a top priority for India. 🇮🇳 With ambitious goals set by the government, EVs are expected to make up 25% of two-wheeler sales and 15% of passenger vehicle sales by 2030. 💡 According to ICRA, this shift presents a huge opportunity for auto component suppliers. Market potential for EV components is projected to exceed...