alokdaiya

alokdaiya

Good Morning! Finally, yesterday we were able to witness a wonderful closing of above 17360 in Nifty. However, the danger hasn’t subsided till yet, since just like 2nd December 2021, Nifty has once again made a high of around 17480 approx. Which in turn is still a matter of concern. Moreover, we can state that if Today Nifty manages to sustain above the level...

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either wait for fresh breakout of above 525 or you can accumulate here at 450 with the stop loss of 408, stock is trading in a sideways to negative trend.

alokdaiya Updated 

On the 1 Hour Chart of GSPL, we can witness a beautiful Bullish Reversal Pattern Formation of "Hammer" on the downside levels. Thereby, we are expecting a bullish momentum in the stock in the upcoming trading sessions. Moreover, the stock is being expected to initially face a resistance at the levels of 307.50, 310.50, and 315. In addition to this, the stock may...

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Good Morning! Just as we had stated already, similarly it was indeed a Roller Coaster Day, yesterday. Where, Nifty had shown us a downfall of approx 200 negative points, day before yesterday, on a closing basis. On the other hand, it gave us a positive closing with approx 200 positive points yesterday. Moreover, we are still with our words, that the index will...

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Good Morning! Be Ready for Another Roller Coaster Day Today! Just as we had much earlier stated, that this kind of a liquidity crunch will be faced in the Market, and that Nifty might remain to be in a price correction mode till the month of December. Hence, the same is being observed in the Market, as the index continues to be in its range bound zone ranging...

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Good Morning, Just as we have been saying, similarly we will remain to be neutral to bullish on the Market, until we witness a closing of below 16700. On the other hand, 17360 will remain to be a crucial level of resistance. Moreover, once again, we are still with our words that the Market will continue to be in a Range bound zone till the month of December....

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Good Morning, Finally yesterday, Nifty had successfully given us a closing of above the level of 17360. Hence, from now on, the next resistance zone will be of 17650-17700. Moreover Today, the first 2 Hours will be very crucial for the Market, and if the index manages to sustain above the level of 17360 for the first 2 hours, then it will be a favourable...

alokdaiya

Good Morning, Just as we have been stating in our Morning Mantra updates, similarly we can see that Nifty still seems to trade in a range bound zone. Neither is it being able to break through the stated levels of support, nor is it crossing its levels of resistance. So, it will still be suggested to stay cautious until the index gives a positive closing of...

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Good Morning, We hope that you still remember one of our magical level of 17360, which had earlier been stated as a “crucial level of support” for the index. Well, now the same level will work as a level of resistance for the index. Moreover, just as we have been stating these days, similarly Nifty did prove our prediction to be right on the mark, as it has...

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Accumulate here at 600 stop loss 570 target 611-647-675 #centuryply

alokdaiya

Just as we had stated yesterday, similarly, we had also witnessed how beautifully #Nifty had sustained our predicted support range levels of 16700-16800, and just after making a day’s low of 16782.40, the index had somehow very well managed to bounce back therefrom. Well, as of now, a beautiful formation of Dragonfly Doji on the chart, seems to very well depict...

alokdaiya Updated 

Good Morning, Once Again, similar to the situation when we had predicted our expectations regarding the magical level of 18350, where not crossing above which the Market had tumbled down. This time as well, we can observe that not being able to cross the level of 17650, the index has taken a turn to the downside from 17600 to a low of 16985.70 (as per the...

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Good Morning, In accordance to our predicted levels of support of 17454 and 17360, we can clearly witness how the Index has been unable to break the aforementioned levels, on a closing basis, for the last 2 consecutive trading days, and in fact have shown a good bounce back therefrom. Hence, depicting the importance of the stated levels. On the other hand, as...

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Good Morning, It seems like the Market is still in an indecisive mode. Even though we have seen that the index had made a high of 17600.60 approx yesterday, it was somehow very much unable to give a closing of above the levels of 17650-17700 and had finally given a closing of between our stated support levels of 17454 and 17360. Hence, just as we have...

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Good Morning, Get Ready for a Roller Coaster Day. Just like we had stated in the earlier week, we did witness that the Market has been consolidating between the levels of 17700-17900. In addition to which, however, the index managed to give a closing of above 17700, on the last trading day. Which, altogether was a good sign for the Market and its...

alokdaiya Updated 

A Formation of Bullish Harami can be seen in the Chart of TORRENT POWER at around the current levels of the stock. Thereby, indicating a trend of bullish reversal herefrom. Moreover, currently the stock has a relatively good volume with an RSI of greater than 50. In addition to which, as per the chart, the stock can go up to the level 545 and 549 , where it can...

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A Positive Morning Star Formation can be seen in the Chart of Nippon L I A M Limited, and thereafter a consolidation in between 413 to 432, is also being witnessed. At its Current Market Price of 417.90, the stock is currently trading at the nearest of the lower zone of its consolidation box. Hence, as the stock appears to be facing a resistance at the levels of...