emraldconsul

emraldconsul

One of the most liked stock in power sector is Tata Power. Almost down 25%+ from high of 495 in Sep 2024 made a low of 338 from 495 Fundamentally Strong I have marked some important make or break levels on chart.... Happy Trading Like.... Share and Subscribe

emraldconsul

Zomato really surprised everyone with its results as its a much hyped script in all media... regular and social.... But in DEC it could not sustain above 291 291 is a strong resistance as u can see in the above chart. Now it has almost corrected 33% from its recent high of 305 Approaching a very strong support of 184-192.. Investors can start putting money...

emraldconsul Updated 

Nifty Spot corrected 3000 Points from its all time peak of 26300 odd levels... right now i n retracement mode... 24800 levels strong resistance... Pattern and trend lines on chart.... Like..... Share........

emraldconsul

Bank Nifty Spot has corrected almost 4500 points from recent ATH of 54460+ levels From lower level retracements upto 52670 levels... Now on every rise upto 52670 Levels will see selling pressure unless it closes above 52670 on D closing basis... Have marked important levels for your perusal Like... Share.... Happy Trading....

emraldconsul

Nifty is in downtrend A pull back mode... In any case A close below 23750 on Nifty Spot levels will trigger big sell off... so on every rise i m going to accumulate 23900 PE Nifty December Monthly expiry. Lets hope it crosses 4 digits Like... Share... Comment...

emraldconsul

Dow has been reeling upwards post Trump Victory.. Can the rally extend upto 47K+ before Mr. Trump attains his office... Probability are more... But chances of being in a range bound trade are likely.... On a daily basis every dip near 43940 (CB) will be bought into..... If closes below 43940 then possibility of lower levels (as marked) watch out for more...

emraldconsul

Nifty 50 Spot gave a sharp short covering... on last friday after heavy sell off from FII amidst China stimulus and US mkts daily making all time high... Also the results season kicked in with not great numbers.. and already in my view the valuations are too high for nifty. i Still feel technically Nifty's structure is not bullish....but becoming...

emraldconsul

During the week from August 19 to August 23, 2024, the Nifty 50 index displayed a steady recovery after a prior downtrend earlier in the month. The index began the week with a bullish momentum and closed on August 23 at 24,823.00 Key drivers behind this recovery included a robust performance from mid-cap and small-cap stocks, as well as contributions from sectors...

emraldconsul

Hindenburg Research on August 10 released a new report alleging market watchdog Sebi chairperson Madhabi Buch. The report alleged that Madhabi and her husband Dhaval Buch were involved in Adani Group's offshore funds. The report said that these obscure financial systems were allegedly used in the “money siphoning scandal." The Stock is already finding pressure...

emraldconsul

World market in full green mode expecting a rate cut by US FED as early as September... Nifty also gained 400+ points on last friday and closed @ LTH We are heading to 25000 mark on Nifty Spot... As per trend line on daily charts we see strong resistance zone near 25100-25200 zone... We can initiate shorts near 25100 - 25200 levels using options.. 24588 seems...

emraldconsul

what a runnup in Nifty Spot last friday... Stopped at previous high levels of 24850 odd levels... have marked Tl and few strong resistances... Happy Trading... Share...Like... Follow for more updates and ideas....

emraldconsul

What a reversal above 55000... Now 69355 is a level to watch out.... Any breakout above 69355... More fireworks possible... Like... Follow... Share ..

emraldconsul

Super Weak Performance among leading banks in recent week... Results out after friday trading sessions.. Strategy sell on rise... Important reversals marked... Like... Share..Follow...

emraldconsul

What a fall in silver.... With unprecedented move in silver last couple of days saw a very good profit booking. Now at TL Supp... Trading channel Marked. Imp Reversal Marked.. Every Bounce is a SELL. Happy Trading Like... Share... Support

emraldconsul

Running into Budget 2024 Week Nifty sees supply near 24800 levels. 23799 is the last hope for bulls on closing basis.. Any breakdown below 23799 we can see more pain... Sustaining above 24505 bulls will be in control and other levels are marked. Share... Like... #Happy Trading...

emraldconsul Updated 

Last couple of days Nifty found supply @ 23400 levels... Banks will drag the mkts a little bit. With budget just a fortnight away.... All dips have to be bought into for a probable bull run upto budget Important supports and trading levels marked Follow for more updates... keep looking into comment session... Like and Share.... Happy Trading...

emraldconsul

Nifty Consolidating..... Event : State Elections Results..... Nifty Spot is actually at important Resistance.. But anticipating State Election results the market is consolidating near resistance... I have marked important channels and trading levels.. The colour coding is very obvious. Also have kept the chart simple and crisp. Like... Share... Follow...

emraldconsul

Nice pull back of pharma index.... But its approaching its resistance zone be careful at higher levels. Marked important price action levels... Happy Trading... Like & Share... Follow for more update....