Hello Everyone, As we know on 1st of February, Union Budget is going to be announced. After that there will be a major reshuffle in the stock portfolios of the FIIs. Beside this Banking Sector is always on the top priority. So here we will discuss the major Support and Resistance Levels which if breaks could give a one sided momentum. So, basically we have seen...
Nifty Short , Medium & Long Term View-29-Jan-24 to 02-Feb-24 Nifty closed at 21352 ( Prev Close 21571 ) and touched low & high of 21136 & 21736. RSI and stochastics levels ( 47% & 21 % Respectively). Stochastics is in oversold zone. Market saw huge volatility in the last two week of around 1000 Points, especially fluctuated after results of HDFC bank. Nifty IT...
Currently Banknifty near Resistance (Confluence Zone) Bullish > 45450 Bearish< 44900 Watch the zones marked on chart , wait for proper rejections for entry. All views for Educational purpose before entry do your own analysis.
Nifty Short , Medium & Long Term View-23-Jan-24 to 25-Jan-24 Nifty closed at 21571 21894(Prev Cloase 21710 ) and touched low & high of 21293 & 22126. RSI and stochastics levels ( 53% & 35 % Respectively). Stochastics is moving towards oversold zone. Market saw huge volatility last week of around 850 Points, especially fluctuated after results of HDFC...
Nifty Short , Medium & Long Term View-15-Jan-24 to 19-Jan-24 Nifty closed at 21894(Prev Cloase 21710 ) and touched low & high of 21931 & 21449. RSI and stochastics levels ( 70% & 95 % Respectively). Stochastics is in overbought zone. Market decisively closed above 21800-21850. Purchasing Nifty IT at lower levels proved effective as the Nifty IT index...
Nifty Short , Medium & Long Term View-08-Jan-24 to 12-Jan-24 Nifty closed at 21710 (Prev Close 21726) and touched low & high of 21839 & 21490. RSI and stochastics levels ( 69% & 85 % Respectively). Stochastics above 80 and still in overbought zone. Market was almost flat last week. Could not take decisive close above 21800-21850. Fibonacci extended resistance...
Nifty Short , Medium & Long Term View-01-Jan-24 to 05-Jan-24 Nifty closed at 21726 ( Prev Week Close 21349) and touched low & high of 21238 & 21800. RSI and stochastics levels ( 78% & 95 % Respectively) . Stochastics in overbought zone after a short runup last week Market had a little rally due to global market upward movement last week as expected and touched...
The black lines drawn are important levels which can be support ad resistance for Tomorrow 27th December 2023.
R: 47845-900 S: 47210-46800-46200 TF: 4 HRS Tip: Execute the trade whenever prices are nearby to the pattern, including gap-up or gap-down openings. The chart pattern clearly states that we are approaching the sale area. Execute the order at the opening of the market if it opens under the pattern.
Important key Zones marked on Chart . Wait for rejections in zone for better opportunities.
Hi, here I am sharing NSE:BANKNIFTY upcoming support and resistance levels for coming days. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
Nifty Short , Medium & Long Term View-18-Dec-23 to 22-Dec-23 Nifty closed at 21496( Prev Week close 20520) and touched low & high of 20776 & 21496. Market touched all time high of 21000 last week and then almost to 21500 without any stoppage after a massive run post election results of 3 states and US Fed rate reduction plan, followed by global stock market...
Nifty Short , Medium & Long Term View-11-Dec-23 to 15-Dec-23 Nifty closed at 20520 (Prev Week close 20227) and touched low & high of 21006 & 20520. Market touched all time high of 21000 last week after a massive run post election results of 3 states. RSI and stochastics levels nearing the overbought zone ( 83% & 97 % Respectively) . Nifty- Short Term Resistance...
In Bank of Baroda, we have seen a brief history, its movement and few levels. we have marked 204 level for trade activation 196 as stop loss and 208 to 205 as target. this trade setup is for informational and educational purpose only Please do your own research before taking any trading decision Thank you
Nifty Short , Medium & Long Term View-27-Nov-23 to 01-Dec-23 Nifty closed at 19794(19870) and touched low & high of 19671 & 19873 Last week Market was near to the resistance provided i.e 19856 level. RSI and stochastics levels nearing the overbought zone. Nifty- Short Term Resistance at 19875(last week high), 19923( Fib Resistance), 19996 (Prev High Shown in...
Nifty Short , Medium & Long Term View-20-Nov-23 to 24-Nov-23 Nifty closed at 9870 (19525) and touched low & high of 19413 & 19870 Market crossed the inclined resistance line provided at 19550 decisively and moving towards 19800-20000. 19528 Resistance and 19692 Fibonacci resistance provided worked well day before yday&yday. Again if it crosses 20000 then 20500...
Nifty Short/Medium/Long Term View- 13-Nov-23 to 17-Nov-23 Nifty closed at 19525(19230 )and touched low & high of 18312and 19550 "Resistance at 19529 ( Fib Resistance) and also inclined resistance show with arrow mark 19550-19450 range" Market exactly followed the resistance provided as mentioned above last week and closed on danteras at resistance ( target)...
Nifty Short, Medium and Long Term review-06-Nov-23 to 10-Nov-23 Nifty closed at 19230 (19047 )and touched low & high of 18294 and 19274 RSI and stochastics levels recovering from oversold zone . Market saw a steep correction 2 weeks before and after hitting the Medium Term Support ( 18800 level) it bounced back a little to 19230. Banks gave good results except...