Nifty Short, Medium & Long Term : 30-Sep-24 to 04-Oct-24
Nifty closed at 26179 (last week 25790 ) and touched low & high of 25839-26285 ( all time high)
Market touched new high last week , and broke the key resistance of 26000 provided last week decisively and also crossed another Mid Term Resistance 26260 settled down at 26179( As shown in chart, The level is...
Nifty Short, Medium & Long Term : 23-Sep-24 to 27-Sep-24
Nifty closed at 25790 (last week 25356) and touched low & high of 25292-25849 ( all time high)
Market touched new high last week , and broke the key resistance of 25545 provided last week decisively and also crossed Mid Term Resistance 25800 and settled at 25790 ( ( Target Line Provided)
Nifty bank...
LTIM long trade idea
buy signal/call
1. stock have completed a cup & handle kind of pattern
2. consolidation of considerable time period happend at this breakout level
3. us fed cut will benefit this stock
4. strong fundamentals
5. big investors with healthy holdings
buy @ 6450 SL @ 6200-6300 target 1 - @7000 target 2nd @7500 target 3 @ 8000 target 4 @...
Nifty Short, Medium & Long Term : 16-Sep-24 to 20-Sep-24
Nifty closed at 25356 ( Last week 24855 ) and touched low & high of 24471-25429 ( all time high)
Market touched new high last week , and nearing the Short term Resistance at 25545.
RSI and stochastics levels moved up last week (63% and 87% respectively). MACD level and signal are at same level.
Nifty...
Nifty Short, Medium & Long Term : 09-Sep-24 to 13-Sep-24
Nifty closed at 24855 ( Last week 25235 ) and touched low & high of 24807-25335 ( all time high)
Market touched new high last week and went down on last fri, Market broke the Ist Support at 25000 and went down last week and currently it is in rangebound.
RSI and stochastics levels moved up last week (52%...
Nifty Short, Medium & Long Term : 02-Sep-24 to 06-Sep-24
Nifty closed at 25235 ( Last week 24823 ) and touched low & high of 24899-25263 ( all time high)
As suggested for past two weeks, market bounced back and moved up and achieved the first Medium term target 25224.
Caution to be emphasized on Nifty as nifty PE is in high level with high valuation...
Nifty Short, Medium & Long Term view 26-Aug-24 to 30-Aug-24
Nifty closed at 24823 ( Last week 24413 ) and touched low & high of 24524-24866
As suggested last week, market bounced back and moved up and near to the initial line target of 24900 as shown in the chart.
Post Indian Elections, reduction of interest rate by RBI is expected on a staggered manner till...
Nifty Short, Medium & Long Term view 19-Aug-24 to 23-Aug-24
Nifty closed at 24413 (2 weeks before 24716) and touched low & high of 23897-24560 in a span of 2 weeks.
Shorting was suggested two weeks before when nifty was at 24714, market was down near to 800 points.
After US market bounce back, Indian market too bounced back especially on last day and closed...
Nifty Short, Medium & Long Term view 05-Aug-24 to 9-Aug-24
Nifty closed at 24717 ( 2 weeks before 24509) and touched low & high of 24094-25082 ( all time High) in a span of 2 weeks.
World Market Outlook, sudden drop in US market especially in Tech Stocks, Europe and Asian market lead to impact Nifty. Volatility to continue till fed rate reduction (expected in...
Nifty Short, Medium & Long Term view 15-Jul-24 to 19-Jul-24
Nifty closed at 24509 and touched low & high of 24230-24591
Market sustained above 24280 and closed at 24509 last week. RSI and stochastics levels was marginally down last week (72 % & 92% Respectively). Stochastic level for past 1 month is flat and sustained above 90. last such time happened in Nov...
The IT sectorial index is about to give breakout after a consolidation of 3 years, it will be a multiyear breakout. Try finding IT stocks which are looking good on charts. Start part buying in IT stocks, one can look into ITBEES for safe investment. I feel the rally may be seen till September which is the month US elections. Proper risk management and portfolio...
Nifty Short, Medium & Long Term view 1Jul-24 to Jul-24
Nifty closed at 23010 (23501) and touched low & high of 23351-24170
Post Election and govt formation market sustained above k5ey resistance at for two weeks after a dip to 21286.
RSI and stochastics levels was marginally down last week (68.5 % & 90% Respectively). Stochastic still in overbought...
Nifty Short, Medium & Long Term view 24-Jun-24 to 28-Jun-24
Nifty closed at 23501 (23465) and touched low & high of 23417 & 23660
Post Election and govt formation market sustained above key resistance at 23250-23300 for two weeks after a dip to 21286.
RSI and stochastics levels was marginally down last week (60 % & 91% Respectively). Stochastic still in...
- The Age of the Indian IT sector seems to be coming back, with NASDAQ:NDX gaining new momentum.
- This week was a good one for TCS
- It finally closed above its crucial resistance zone and the 3500 Mark
- It also broke the symmetric triangle formation, paving the way for future momentum.
-The next week will be crucial as the price spikes will sink in. The...
NIFTY IT 👩💻
Chart Looks good ✅
3 Years return: 0%
Good Bounce from a Support Zone ✅
IT sector looks good for investment and positional trades ✅
We will start small and build our capital ✔️
Some Stocks from the Sector:
HCLTECH
LTIM
Okay, This one was requested by @sanketkumbhar88 :
Here is all you need to know about NSE:AFFLE :
- Affle has been in a volatile 400-point range since 2021
- Currently, It is forming a Descending Triangle formation taking exact rejections from the resistance trendline
- We have a game zone to confuse investors
- The 1000 psychological mark doesn't seem to...
Nifty Short, Medium, Long Term 28-May-24 to 31-May-24
Nifty closed at 22932 (22466) and touched low & high of 22409 & 23022
RSI and stochastics levels was up from last week (66 % & 86% Respectively). Stochastic in over bought levels (>90%) on 26-May-24 and started reducing on 27-May-24
Anticipation in Political results lifted the market as exit poll started...
