Reliance Stock Analysis(Short term Swing) Reliance Stock created a Double Bottom near 2180 in Daily/Hourly Timeframes. Good opportunity to build a long near 2210-2220 for the Targets of 2290/2315/2365. Stop Loss is 2180. Above 2290, XABCD Activates and the move of stock will be fast.
BankNifty Weekly Analysis for 27-03-23 to 31-03-23. 40200 is the Major Resistance for BankNifty This Week. Upside Move Possible only above this Level for the target of 41000. 38600-40200 is the Range for BankNifty this Week. On Monday If BankNifty trades below 39200, Downside Targets are 38954/38780. If Banknifty trades below 38600, ABCD Activates, more Downside...
BankNifty Weekly Analysis for 20-03-23 to 24-03-23. 39900-40100 is the major Resistance for this Week. 38600-38800 is the Support for this Week. BankNifty Daily Support was broken this Week. High Probability trade is If BankNifty Tests the Resistance(40100) and Reverses, Downside Targets are 39300/38800. If Banknifty Sustains Above 40150, more Upside Possible &...
Nifty Weekly Analysis for 20-03-23 to 24-03-23. 17300 is the major Resistance for this Week. 16800 is the Support for this Week. On Monday If Nifty Sustains above 17150, Upside Targets are 17200/17300. ABCD Activated below 17300. High Probability is If Nifty tests 17300 and Reverses from that Level, Downside Targets are 17000/16850. If Nifty trades below 16850,...
BankNifty Weekly Analysis for 13-03-23 to 17-03-23. 39400-39800 is the Support Area for BankNifty this Week. 41680-42000 is the Resistance Area for BankNifty this Week. If BankNifty breaks the Support and trades below 39400, ABCD Activates, more Downside Possible & Targets are 38680/37860. If BankNifty Tests Support Area, Bounces back and sustains above 40500 ,...
Nifty Weekly Analysis for 13-03-23 to 17-03-23. 17250-17300 is Important Support for this week. If Nifty breaks the Support, we may see more faal and Downside Targets are 17080/16921. If Nifty tests the support, bounces back and Sustains above 17500, more Upside Possible And Targets are 17580/17680/17780.
Bank Nifty Weekly Analysis for 06-03-23 to 10-03-23. BankNifty has given a Pullback as expected in last week's Analysis. 41780-41980 is the Major Resistance For This Week. 40500-40680 is the Support for this week. The 3 Possibilities this Week are. 1. BankNifty Created a Double Bottom in Both Daily & Weekly Timeframe. If BankNifty Sustains above 42000, We can...
Reliance Stock Analysis (Short Term)(01-03-23) 2295-2305 is Important Daily Support For Reliance and also creating a Double Bottom Near Support. If Reliance Tests Support area today and Forms a Reversal Candle in Daily Timeframe, Good Opportunity to Build Long Near 2290-2300. Stop Loss is 2275 And Targets are 2366/2384. Since a Dynamic Trendline is holding...
Bank Nifty Weekly Analysis for 27-02-23 to 03-02-23. 39400-39500 is the major support for this week. BankNifty has given 2500pts Downside move in the last 6 trading sessions and looks like it has taken a pause near the support area. We may Expect a Pullback for this move this week. If BankNifty Sustains above 40500, more Upside Possible And Targets are...
Nifty Weekly Analysis for 27-02-23 to 03-02-23. 17350-17450 is the major support for this week. Nifty has given 700pts Downside move in the last 7 trading sessions. We may Expect a Pullback for this move this week. If Nifty Sustains above 17620, more Upside Possible And Targets are 17694/17780/17863. If Nifty trades below 17350, Downside Targets are 17150/16980.
BankNifty Weekly Analysis For 20-02-23 to 24-02-23. 40735-40820 is Important Support for this Week. 42000 is a major Resistance for this Week. If BankNifty Sustains Above 42000, more upside possible and Targets are 42500/43080. If BankNifty Trades below 40800, more Downside Possible and Targets are 40440/40036.
Nifty Weekly Analysis for 20-02-23 to 24-02-23. 17880-18150 is the Range for Nifty this Week. If Nifty Sustains above 18150, more Upside Possible And Targets are 18200/18290. If Nifty trades below 17880, Downside Targets are 17800/17720.
Reliance Industries Stock Analysis Reliance Industries Stock created a Double Bottom in Daily & Hourly Timeframe and also trading at Important Weekly Support. 2310-2325 is a good Buy Level with 2295 as Stop Loss. Targets are 2387/2450/2469.
Bank Nifty Weekly Analysis for 13-02-23 to 17-02-23. BankNifty is in a very narrow range of 600pts between 41200-41800 in the last week. We can expect a major move only after breakout on either side. If BankNifty Sustains above 42000, more Upside Possible And Targets are 42500/43000. Above 43000 the whole downtrend started in December becomes invalid and Index...
Nifty Weekly Analysis for 13-02-23 to 17-02-23. Dynamic Trendline is holding Nifty Complete Downtrend since 01 Dec 2022. Now the same trendline may act as major Resistance for Nifty this week which is near 18000. The Trend Reversal Confirmation is above 18200 which is the previous Swing High for Nifty. If Nifty Sustains above 18000, more Upside Possible And...
Nifty Weekly Analysis for 06-02-23 to 10-02-23. 17700 is the Support & 18000 is the Resistance for this Week. If Nifty Sustains above 17980, more Upside Possible And Targets are 18060/18200. If Nifty trades below 17700, Downside Targets are 17587/17405.
Bank Nifty Weekly Analysis for 06-02-23 to 10-02-23. 39500 is a Strong Support for this Week. Double Bottom created in both Daily/Hourly Timeframe. Above 42015, XABCD Activates. More Confirmation above 43100 as Dynamic Trendline which is holding this complete Downtrend since 14-12-22 is At 43000-43100 If BankNifty Sustains above 42100, more Upside Possible And...
41600-42000 is Major Resistance for BankNifty this Week. On Monday if BankNifty Sustains above 40680, Targets on Upside are 41268/41580. If BankNifty Tests the Resistance area and Reverses from that Level, More Downside Possible and Targets are 40500/39055/38690. Upside move Possible only if BankNifty Sustains above 42000. Due to upcoming Union Budget on Feb 1st,...