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fs_investwise

Bank Nifty on a daily chart is looking very weak and may test 100 DEMA which is placed at 37335. The very interesting thing about this chart is that, the TendLine support is also placed at 100 DEMA. Bank Nifty closed today at 37976 after ups and downs in the entire day. Market is looking very unsure and volatility is increasing every day. In order to gain the...

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SBIN is looking for long-term view. However, in short term, the price can correct up to 480 level. Major support is at 400, shouldn't reach their as business outlook is very positive and numbers of Q2 '21 have been really great. Rating: Neutral as top has been made and some correction is likely Level: Fresh buy at 480 Business Outlook: Very Positive

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Rating: Positive Level: Rangebound but can breakout soon if level of 740 can be taken out with high volume which is missing so far. Business Outlook: Very good HDFC Life in in talk to acquire Exide Life Insurance business which will have a positive impact on his business. Target of 850-900 is possible in medium term

fs_investwise

Rating: Neutral with negative bias Level: Broke trend line support Business Outlook: Good performer in Metal Sector

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Nifty looks good from here. All gaps filled, taking fibonacci support and short term trend line support. If it continues to fall from here, we might see 17800 levels, which will be too bad. OI data suggests that 18200 is the immediate resistance. If Nifty opens Gap up (High Chances) and holds above 18200 then we might see 18400-18500 by this monthly expiry.

fs_investwise

Good Morning All! SGX Nifty is hinting towards a negative or a gap down start for benchmark indices #nifty and #banknifty. After 2 days of positive movement, we are back to our usual which is downfall and downfall. Let's see what to expect from #banknifty today! Preopen Point: 32600-32700 Support 1: 32500 Support 2: 32000 Resistance 1: 33000 If the level of...

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SGX Nifty is hinting towards a gap up start of 200-300 points for #banknifty and 80-90 in #nifty. That could be a trap setup again and our advise is to stay safe in both the indices as today is expiry and reversal of trend is likely. With that said, here are some important levels for the day. Opening Point: 33200-33300 Strong Resistance: 33000 (Yes, it is below...

fs_investwise

After yesterday's waterfall like breakdown in #nifty and #banknifty, we are heading for somewhat positive start in benchmark indices #banknifty and #nifty. Our stance is stay neutral for both indices. With that said, here are some important levels to watch out for. Opening Point: 32800-32900 Strong Resistance: 33000 Resistance 2: 33500 Support 1: 32500 Support...

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Good Morning All! Get ready for another learning and earning session. Here is our daily analysis of BankNifty! SGX Nifty is hinting a negative start for Indian Domestic Markets #nifty and #banknifty. Here are some important levels to follow for today's trade. Preopen: 33600-33700 Strong Support: 33500 Support 1: 33000 Resistance 1: 33600 Resistance 2:...

fs_investwise

SGX Nifty is hinting a gap up start for Indian domestic markets #nifty and #banknifty. It's been a roller coaster ride, one day it falls another day it rises and next day it falls again and the trend continues. Market has become very reactive to the news but also doesn't want to fall from the important support levels. Since today is the first weekly expiry of...

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SGX Nifty is hinting a flat or negative start for Indian Domestic Markets #nifty and #banknifty. After a nice bull run yesterday, we are back to our usual which is correction correction and more correction. Import Levels for the Day Prepopen: 33600 Strong Resistance: 34000 Resistance 1: 34500 Strong Support: 33500 Support 1: 33000 If it breaks 33500 then...

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SGX Nifty has created almost 300 points gap during the Holi holiday in India. Hinting towards a very positive start for Indian domestic markets #nifty and #banknifty. We still are very cautious for overnight longs positions since both the benchmark indices have been losing to the bulls lately and all the gains are sold into profit. In April series, we are hoping...

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SGX Nifty is hinting for a gap up opening but again we need to be very cautious as we have seen in the past that how gap up openings are not sustaining at the top. Important levels are mentioned on the chart and as well as below. Please have a look and create your strategy accordingly. Gap Opening Near: 33500-33600 Resistance 1: 34000 Resistance 2:...

fs_investwise

SGX Nifty is hinting for a gap up opening for #nifty and #banknifty. After a sharp fall yesterday, we hope for a good recovery on the expiry day, however we need to be very cautious for long positions as market is showing weakness more than the strength. With that said, here are some important levels for the day. Resistance 1: 33500 Resistance 2:...

fs_investwise

SGX Nifty is hinting a muted start for Indian Domestic market and data suggests so as well. Nifty 50 is due for a bounce back and we may see some short covering on the lower side. Levels are mentioned the chart for buying and selling. Support 1: 14700 Support 2: 14600 Support 3: 14500 Resistance 1: 14800 Resistance 2: 14900 Resistance 3: 15000 Data suggests...