SPX started making LH, 5700 can come after last night rejection.
Nasdaq making new highs while RSI doesnt. Be aware a top can be near.
Stocks has good accumulation and crossing friday's high. Long trades can be taken to T1 332 T2 380.
Bajaj Finance aiming for another oscillation to highs. Bank nifty strong so overall market sentiment also good.
Gold should hold 2600 level other 2484 is coming , 2540 low will be broken this time.
Nifty with immediate resistance at avwap from the top and mid band, It is likely to cross and head higher towards 24800-25000 with strong buying across all stocks.
Crossing major resistance and with rate cut on friday, Banknifty might be aiming for the ATH
Smallcap index digesting all news GDP, Gst Tump on Brics and moving higher breaking 50 SMA after support at 200 SMA. It can aim for ATH on crossing recent LH. RBI meeting on 6th dec is the next event to watch out.
Gold breaking its previous LH , gaining traction in prices. Going higher from here till $2700
LICI going to 1001, market strong and crossing LH simple PA.
Asian paints touched ema 63 on monthly chart and it is now at bottom of channel, last time this happen stock returned 1000% gain. Watch this.
Stock showing good strength in this falling market and broader market is also near support zone and showing good accumulation.
China Hang Sang Index showing strength. Can it touch new highs? It can with fundamental changes. 1. Liquidity Boost: Over 128 billion yuan added through reverse repos and MLF. 2. Rate Cuts: 14-day repo rate cut to 1.85% to ease borrowing costs.
Midcap/Nifty ration whenever reach the top of the channel then afterwards Nifty returns are more than midcap, nifty next 50 and smallcap index. Maybe the top is not this but outperformance of Largecap over Smallcap could be seen from here.
Kajaria ceramics : Stock showing good accumulation trying to breakout with good volumes and possible HnS. SL is at 1410 and Target 1900