🔍 Analysis on Nifty for the Upcoming Week 🔮 Aug 7 - Aug 11 The Nifty index seems to exhibit a bullish trend in the long-term & bearish trend in the short-term, according to the market structure. 📈 Key Levels to Monitor: In the upcoming week, it's important to monitor key levels 19190, 19200, 19235, 19300, 19750, 19800, and 19990. 🔎My outlook: The outlook for...
🔍 Analysis on Nifty for the Upcoming Week 🔮 Jul 31 - Aug 4 The Nifty index seems to exhibit a bullish trend in both long-term & short-term as well, according to the market structure. 📈 Key Levels to Monitor: In the upcoming week, it's important to monitor key levels 19190, 19200, 19560, 19865, & 19990. 🔎My outlook: The outlook for the upcoming week’s trading...
🔍 Analysis on Nifty for the Upcoming Week 🔮 Jul 24 - 28 The Nifty index seems to exhibit a bullish trend in both long-term & short-term as well, according to the market structure. 📈 Key Levels to Monitor: In the upcoming week, it's important to monitor key levels 19190, 19200, 19560, 19990. 🔎My outlook: The outlook for the upcoming week’s trading suggests a...
The 1.17% negative fall in stock market today courtesy weak guidance for 2024 by Infosys set the cat amongst the pigeons and profit booking in major sectoral indices lead by IT started. Capital goods and PSUs index were trying to provide some support and respite to the Nifty. On weekly chart the zone between 18887 and 50 weeks EMA which is at 18000 looks like...
🔍 Analysis on Nifty for the Upcoming Week 🔮 Jul 10 - 14 The Nifty index seems to exhibit a bullish trend in both long-term & short-term as well, according to the market structure. 📈 Key Levels to Monitor: In the upcoming week, it's important to monitor key levels 18890, 19190, 19200, 19235, & 19525. 🔎My outlook: The outlook for the upcoming week’s trading...
🔍 Analysis on Nifty for the Upcoming Week 🔮 Jun 19 - 23 The Nifty index seems to exhibit a bullish trend in both long-term & short-term as well, according to the market structure. 📈 Key Levels to Monitor: In the upcoming week, it's important to monitor key levels 🔎My outlook: The outlook for the upcoming week’s trading suggests a non-directional market,...
🔍 Analysis on Nifty for the Upcoming Week 🔮 Jun 12 - 16 The Nifty index seems to exhibit a bullish trend in both long-term & short-term as well, according to the market structure. 📈 Key Levels to Monitor: In the upcoming week, it's important to monitor key levels 18250, 18530, 18535, 18660, 18775, & 18885. 🔎My outlook: The outlook for the upcoming week’s...
The Nifty index displays a bullish trend in both the long-term and short-term, as indicated by the market structure. 📈 Key Levels to Monitor: In the upcoming week, it's crucial to keep an eye on the following key levels: 18251, 18465, 18535, 18660, 18890. 🔎 Outlook: The outlook for the upcoming week's trading suggests a non-directional market, potentially...
Analysis on nifty for upcoming week May 22-26: The Nifty index seems to exhibit a bullish trend in both long-term & short-term as well, according to the market structure. In the upcoming week, it's important to monitor key levels 18060, 18065, 18090, 18105, 18250, & 18460. My outlook: The outlook for the upcoming week's trading appears to be...
Analysis on nifty for upcoming week May 15-19: The Nifty index seems to exhibit a bullish trend in both long-term & short-term as well, according to the market structure. In the upcoming week, it's important to monitor key levels 18065, 18090, 18100, 18105, 18250, & 18389. My outlook: The upcoming trading week looks like non-directional, nifty may stay...
Analysis on nifty for upcoming week May 1-5: The Nifty index seems to exhibit a bullish trend in the long-term & in the short-term as well, according to the market structure. In the upcoming week, it's important to monitor key levels 17610, 18090, & 18105. My outlook: After analyzing the chart, it appears that the Nifty index had a strong upward momentum...
Weekly Analysis Last week Nifty opens with a slight gap, tested the previous week high's though did not sustain at highs, and moved lower and closed near the week's low. Formed: Bear Candle Price action combined weeks: Sideways {Inside candle - the price has been consolidating in a candle range for the past two weeks} Seems like the price would trade sideways...
NIFTY gave a strong closing on Friday as it ended above a long term support of 15917 and 16030. Yet the Important hurdle of 50 days EMA is still ahead of it which is at 16132. Crossing and closing above 16132 will be important for Nifty to go towards 16277. above 16277 levels Nifty in a short to medium term can go towards 16525 which is it’s 200 days EMA and a...
After struggling to cross 50 EMA resistance Nifty on Friday crossed it finally and the momentum helped it to cross 200 days EMA too. But the joy was short lived and 200 days pushed NIFTY downwards so hard that end of Friday the indices where reeling under both 200 and 50 EMA as you can see in the chart. Now NIFTY will look to find a support again. Only after...
Market has given strong push with thrust upwards towards end of this week. The rally if sustains above 16400-16495 zone will push momentum in favor of Bulls and Market can continue rally in coming week or weeks towards 16700 and above. The important level to hold and cross for Nifty would be 16400. The Support Zones: 16219, 16026, 15913 and finally 15766. Below...
Market took a support at 17442 on Tuesday last week and the support is not broken in the curtailed week that we had. It remains to be seen if market can hold the support in the coming week. If the support is broken the market can further fall to 17336 and 17303 levels. In the worst case scenario, we can see 17032 levels. If 17032 will be broken the Bears will take...
Market took a support at 17600 on Friday breaking a three-day correction after a massive run which took Nifty from the levels of 15671 to 18095. Nifty ended at 17784 which is just below two important resistances of 17855 and 17931. If it is able to cross these two resistances and is able to consolidate above 18,000 levels, we may see a new high on Nifty within few...
Nifty can open gap up on Monday.The current strong resistance is at 17080.Once it break this level we can expect it can move to 17200-17300. Current nifty support is at 16580-50 levels.if this level break down. We can see 16200 -16000..