coalravi

coalravi

Reliance price is at last 10 month's earlier price. 10 months return is nil :-). Will this bounce from current level. Below this price will drag the Nifty to the expected level of 21k. If Reliance itself can't sustain, better to offload the other stocks at current level. Have seen Tata steel, Tata motors and few major stocks fell. Above is for educational...

coalravi

Nifty didn't filled the Gap in 2023 (red trend lines). Not sure whether this was filled in previous candle few months back. I was expecting this gap to fill during the last fall during June. But didn't. Market always knows our predictions :-) and not tend to react as per our expectations. Sharing info just for educational purpose only. Pls take call as per your...

coalravi Updated 

It's nice to watch the index moving up. On long term perspective, still the index is on positive trend. Where it's heading 24k or 14k? Upside risk 7k downside risk 4k. Take call as per your risk appetite 😉

coalravi

Did we have a place where we can get data of how many nifty fifty shares are pledged. ie, statistics of how much pledged and that the pledged money has again been used to buy the shares?

coalravi

The Index looks weaker for me. Logically guys accumulated from 7500-9000 (nifty) were at huge profits. The new entrants will be traped and gives way for those guys in profit to exit with profits. It would be wise for new retail entrants/investors to stay away or to trade with very very limited qty. Believe, market always gives opportunity for every one. Patience...

coalravi

Nifty broke the resistance zone and looks bullish from here. However, retailers may take their call accordingly to their risk profile. Cheers Disclaimer - Please study and take your own decision

coalravi

Nifty is at crucial level. 13850 expected to be a big resistance. To break the level and make up move, some more big money to be pumped into the system. However, considering the second wave of Corona News, would the FIIs and the investors pump in more money ? Awaiting to see the outcome. Happy if the market moves up :-) . Disclaimer - Please trade or invest...

coalravi

Market at super speed. Good for our nation. Hope to see more upside and would be happy. Sadly, the shares which I hold didnt picked up. Should have gone only for Nifty 50 top stocks only. Not known what kind of bad news these people would show. Fingers crossed. Since all expecting a correction and prepared for the same, most likely it won't correct now. When no...

coalravi

Investors are happy. As indicated market recovered all its covid losses post US elections. Investors be cautious at this levels and dont forget to book profits. Stimulus would boost the market, but to show stimulus boosted the market, the market would correct. Disclaimer - Please take your own decision as per your risk profitle

coalravi

Bank Nifty recovered sharply from the recent bottom within 9 sessions. 15 Green candle and only 3 red candle on 4 hrs chart. Expected to trend sideways for the next week to take directional move from there for the month. Overall sentiment positive and one can expect 25k sooner or later. Disclaimer - Above views, opinion is for educational purpose only. Please...

coalravi

Further to my earlier post.. The next wave (its a not a simple wave but the second wave of Tsunami) hit. Giving no chance for the retail investors. Those who have sustained these two waves will surely comeback. Cheers. Simple Analysis : Banknifty index from 32000 dived to 16000 = 50% - first wave since Big institutions also lost huge amount, they might have...

coalravi

Bank Nifty looks very weak. 21 red candles, only 9 green candles on 4hr charts since 31st August. Big guys know early than the retail investors. FIIs short on Futures, bought options (most likely the PUT) during the current week ended. Think it may reach 21500-21600 levels during moratorium hearing. As per my observation, BankNifty, where ever it went came back to...

coalravi

Four continuous trading days in the support zone. Most of the people thinking of Moratorium :-). As everyone knows, every penny have to be paid by the citizen of India either from left or right or top pocket. It is always better to get the interest from the borrowers rather than putting the burden on tax payers, as ultimately the borrowers enjoyed the benefit of...

coalravi

BankNifty reaching the second line of support level. Downside risk is very low compared to upside reward. One may consider entry at 21.5k - 22k level and exit at 26-28k in a span of 2-4 months. Disclaimer : Please study and take calls basis your risk profile and at your own decision.

coalravi

Bank Nifty reached the Resistance and Support levels on single day yesterday. Irrespective of negative news, expected to cross 26k during the next swing/push. However, buyers may try to push down for entry. Disclaimer : This is for study purpose only. Please study on your own before hand.

coalravi

As everybody know, there is no reason to go below 22300 earlier and was trending there for few weeks. Now BN catching up the trend. Bulls grip on upper hand for time being :-). From 22k, there is no turning back. Daily new high. Investors are happy.

coalravi

IMHO, the Index is moving up carefully and reaching a level of 11600. Expected to break >11600 and to move slightly above 12k and thereafter during Nov/Dec may expected to give a big opportunity for people who missed the earlier rally. Disclaimer - This is just for study purpose only.

coalravi

The index reached a crucial break point.