Asimrichie

Asimrichie

Nifty has made a good upside move but is now at resistance zone there may be profit booking at this level should Nifty trade above 18150 on daily closing basis then we can expect higher levels...one can trade nifty futures for the targets mentioned on the charts.

Asimrichie Updated 

Nifty has given a closing above 17800 levels which is a positive sign one can initiate trades based on the levels mentioned in the chart for this week

Asimrichie Updated 

NIFTY is currently trading at major support on daily time frame one can initiate a long position if Nifty stays above the support on daily closing basis for targets mentioned on the chart should Nifty give a break down below the Red line and close on a daily time frame below that level then one can go short for targets mentioned on the chart these levels are not...

Asimrichie Updated 

Intraday levels of Bank Nifty for 19th April 2023... one can go long or short as per levels mentioned on the charts

Asimrichie

Bank nifty gave a short covering rally today and formed a navarro pattern on 1 hour time frame if bank nifty sustains above 40200 then we may see higher levels in the market one can sell futures or buy put option if Bank nifty trades below 40000 for first 1 hour and can set targets mentioned in the charts with stoploss being 40200 these levels hold good for next...

Asimrichie Updated 

Nifty has been falling continuously for the past 9 trading sessions and is now in the over sold territory we should see a good up move in the coming days as it has formed an anti bat harmonic pattern on the day chart a long position can be initiated with the entry, stop loss and targets mentioned in the charts

Asimrichie Updated 

Bank nifty has formed an anti crab harmonic pattern on 1 hour time frame one can take a long position in bank Nifty for the above mentioned targets with a strict stop loss mentioned on the charts these levels hold good for a period of 3-5 days these are not intraday suggestions

Asimrichie Updated 

Nifty has formed an ascending wedge pattern and a butterfly harmonic pattern on 2 hrs time frame suggesting further down move, targets are mentioned in the chart a strict stop loss for any short position to be maintained at 18188-18200 levels... this view holds good for next 3-5 days and is not an intraday suggestion

Asimrichie

Bank Nifty is trying to break out from the range in which it had remained for the past few trading sessions with budget round the corner we may expect an upside rally in banking stocks as per harmonic pattern Bank Nifty has formed an anti butterfly and we may see further upside movement in the next few session the following analysis is my view which holds good...

Asimrichie

This is my view for DJIA for the year 2023 it should trade above 32804 in the coming days which would give it a first target of 36253 and perhaps by the year end we may see 39699 should it fail to remain above 32804 then we have a very important support in the range of 29447 - 28468 in my view these levels might not be broken

Asimrichie

As per my analysis selling is still not over and until Bank Nifty trades above 42550 and stays above this level on an hourly closing basis don't expect any major up moves as per harmonic pattern bank nifty looks good for a short trade... targets are mentioned in the chart

Asimrichie

Bank nifty is about to make a breakout and has formed a bull flag on 15 min time frame one can go long for targets above 37000 key levels are marked for support and resistance

Asimrichie

Nifty has made a spectacular pull back from the lows of 15200 levels based on the harmonic analysis it has formed a BAT pattern the upside to Nifty may be capped from these levels one can take a short position in Nifty if it trades below 16550 for targets mentioned in the chart stoploss for this being 16900

Asimrichie

Apple at current level looks attractive for investment purpose the company has strong credentials as for the analysis on the charts it has formed a Butterfly Navarro harmonic pattern one can initiate a buy at current levels for targets mentioned on the chart.

Asimrichie

With High inflation and aggressive Feds stand there is no respite for the markets one can trade DJIA for levels mentioned on the charts