ramkkyy

ramkkyy

Nifty broke 25000 levels and also trend line . on Monday if it breaks 24800, then the fall may be up to 24370 and can extend up to 23610, 22550. On the other hand if it breaks and closes above 24940 in one hour candle, then there may be shot rally. Buy above 24940 sell below 24800 Disclaimer: I am not a SEBI registered analyst. This only for educational purpose.

ramkkyy

Gold is on the down trend in one hour chart. Break below 2494 will bring down the price till 2460 levels. It may retrace and move higher up to 2513 before it moves down. on the other hand if it closes above 2414 in one hour time frame, it may move higher.

ramkkyy

Nifty has been consolidating for last 7 trading hours. Any break below or above it will be the direction of the trend for Monday 2nd sep 2024. In the daily chart Nifty had formed a doji. Break above 25270 will ignite a new rally. Break below 25190 will bring nifty level to 25000. A decisive break below 25000 will bring a correction.

ramkkyy

Nifty has been consolidating between 24860 and 24750. Any break below or above it will fetch 500 points. Buy above 24860 and sell below 24750. The prices mentioned above are for spot nifty. I am not a SEBI approved analyst. You may do a self analysis before entering into the trade.

ramkkyy Updated 

On Friday Nifty opened with a gap on the down side and ended the day in Red with no signs of Recovery. In one and four hour time frame Nifty has broken the trendline and is bearish. If Nifty closes below 24650 on Monday they we can assume that the down trend has begun. For Monday 5/8/24 Buy above 24780 for a target of 24820 , 24850. Sell below 24650 for a target...

ramkkyy Updated 

Hold on to Gland Pharma till it reaches the target with a stop below 1990(close of one hour candle). In Both one hour time frame and daily chart it is in Bullish mode. Ramakrishnan I am not a SEBI Registered Analyst.

ramkkyy

Nifty formed a bearish candle yesterday. The follow up candle for the day is important to confirm the trend. The possibility of Nifty breaking down seems to be high. Sell below 24750 for a target of 24640, 24530. Buy above 25000 for a target of 25140,25250 Ramakrishnan I am not a SEBI registered analyst.

ramkkyy

Dow on daily chart looks bearish. Sell on close below 39800. On one hour chart it is bullish but being resisted at 40750 levels. for Monday Buy above 40775 . book profit at 50/100 points depending on your risk reward levels or trail with stop loss. Sell on close of one hour candle below 40370 . Ramakrishnan

ramkkyy

Bank Nifty on daily chart is Bearish. But on One hour chart it looks bullish. The last candle on formed on one hour chart being a Doji, we have to be very careful . Resistance is around 52000 to 52100 and if it breaks the support of 50940 then it will become bearish. Ramakrishnan I am not a SEBI Registered Analyst.

ramkkyy

Last week on the daily time frame nifty gave a long bearish engulfing candle after which the follow up candle did not close below 24300 and nifty reversed. In one hour time frame Nifty closed above 24520 and turned bullish and closed near All time high. For Monday Nifty is Bullish above 24870 or may become short term bearish if one hour candle closes below...

ramkkyy Updated 

SHORT TERM VIEW BankNifty one hour chart broke the trend line and seems to be on sell mode. If it breaks below 52190, the next level would be 52000. Only when it breaks, Either we can buy at the money put option(can get 50 to 100 points) or sell futures. We should close our position as soon as get the target. How we can trade is given below. The above views will...

ramkkyy Updated 

Gland Pharma, founded in 1978 and headquartered in Hyderabad, India, is a pharmaceutical company specializing in injectable formulations. The company focuses on the development, manufacturing, and marketing of high-quality generic injectables, catering to a wide range of therapeutic areas. Gland Pharma is known for its robust product portfolio and strong presence...

ramkkyy Updated 

Nifty analysis is based on PEMA and Hull Moving Average. On Friday Nifty had formed a Bearish Engulfing Pattern. The trend or the direction of Nifty seems to be on the down side if it breaks 24500 and closes below it. Then we can see a level of 23200. If it breaks the high of 24860 and closes above it , then the market turns Bullish and we can see new highs in...

ramkkyy

DOW HAS BROKEN THE SUPPORT LINE AND IN BEARISH MODE. WHEN EVER IT BREAKS THE SUPPORT LINE IT EASILY GIVE 500 TO 1000 POINTS. sell only if it breaks 39800 with stop loss at 40120 (close of one hour candle).