niteshsingla87

niteshsingla87

Bank Nifty is going to fill the gap in the coming days. Negative news infused to move the market down related to personal loans will have very little impact on the private top banks like HDFC, ICICI, Kotak, and Axis. If you had taken a look at today's delivery report then you might found out that the delivery percentage in these 4 banks is more than other stocks....

niteshsingla87

Gold can fall to the level of 56097 with a small resistance at 56815 in the short term. Short term is negative on Gold and can wait for level 56000 to buy if it consolidates at this level. Otherwise buying can be seen only at 55000 level in short term as of now. This is for the short term and will wait in case further downside is seen even after reaching the 55000...

niteshsingla87

Nifty is currently facing resistance at 19718 with support at 19425 level. This resistance and support are based on Trend-based Fib retracement. Break out of 19718 and sustenance above 19750 in daily candle can take nifty to level 20200 on a monthly basis with some resistance at 20000 level. Also, 50 days EMA is around 19576, and 20 days EMA is 19727 which acts as...