Banknifty is looking uncertain. But due to global and geopolitical tensions easing,we can expect Banknifty to show good short covering. IMP TO NOTE : If Banknifty is able to cross and sustain above 54150,then we can expect further upside upto 54800-55100+ Profit booking at higher levels are expected in banknifty , especially at 54800-55200 zone.
Nifty can remain very positive for the upcoming week post easing global and geopolitical tensions and ceasefire across the globe . On the upside, it will be important to see if Nifty is able to maintain its position at 24450 and 24850, as these are quite resistance levels. But if Nifty manages to cross these levels, then we can expect a strong short covering up to...
CESC is looking positive on charts for the short term, 153 being a strong support. On the downside, we can expect CESC to remain positive for some time, and expected resistance on the charts is placed at around 185 and 190 zones. All levels are marked in the chart posted. NOT A BUY/SELL RECOMMENDATION.
Nifty is looking positive for the upcoming week, and we can expect highs of 23850-900+ if Nifty manages to close above 24550 on a daily basis. Downside risk will become more prominent if Nifty closes before 24250 on a daily candle. All levels are marked in the chart posted.
After losing momentum at 56000 for 2 consecutive weeks, I expect Banknifty to retrace up to 53500 in the upcoming week. The only scenario to avert this retracement would be that Banknifty closes above 55600 on a daily basis and crosses 56200. Then, we can expect a new all-time high of 57000+.
Nifty is looking uncertain, and closing isn't giving much confidence for the upside. But if somehow Nifty crosses and sustains above 24188, then we can expect the upside to continue upto 24650+ . A big boost for the upside would be 24400. On the downside, if Nifty breaches 23850, then we can expect further retracement upto 23600-420.
Banknifty can retrace upto 3% in the upcoming week. Single charts are indicating a sell-off . But if market sentiment remains positive, then we can expect it to remain volatile and flat . Levels to watch on the downside are: 1.)54087 2.)53775 3.)53525 4.)53244 These are the levels which will act as a support and can become a probable zone for short covering....
Nifty Bank is looking positive on charts, but now it will be important to see if it will sustain this upside move. If it does, we can expect new all-time high levels upto 55260-55524+ in the upcoming week . Otherwise, we can expect some retracement in BankNifty in the later half of the upcoming week.
Nifty is looking positive on charts, and there is still room left for upside momentum . Last week’s closing at 23850 will work as an important support this week, and we can expect upside momentum to continue upto 24283-403 in the upcoming week. An important level to watch for upside is 23960. On the downside, if due to any fresh global uncertainties, Nifty...
UBL is looking positive on charts for the short term. We can expect the current momentum to continue upto 2208-2255. In between, it can face minor resistance at 2091. On the downside, the imp range to watch for a probable short covering is 1991-1922. This analysis remains invalidated if UBL breaches 1922 on the downside. NOT A BUY/SELL RECOMMENDATION.
Nifty Bank is looking positive on charts. If BankNifty manages to cross and sustain above 51200, then we can expect upside to continue up to levels of 51976-52280. If due to any news factor, BankNifty breaches the 51000 level, then it can fall upto the level of 50200 to even 49825. All levels are marked in the chart posted!!
Nifty chart is indicating a chance for upside in the upcoming week . Base for upside is 23000 as it is an important resistance and upon crossing 23000 successfully, we can expect upside momentum to continue upto 234450-560. All levels are marked in the chart posted .
S&P 500 can remain volatile on Thursday's trading session. Even then, I'm expecting a positive closing . Support on the downside would be 5396, and if it slips below 5396, then it can fall upto 5351-5294. On the upside, upon crossing 5498, we can expect good upside upto 5607-5636.
Looks like US markets have substantially digested the Trump tariffs. From now on, I don't see further big downside without any fresh bad news .Levels to watch S&P 500 for downside would be 5022 and 4934, and only after breaking 4934 decisively can we expect sharp downside movement towards 4757. On the upside, upon crossing 5138, we can expect strong short cover...
Nifty can give a good upside move on Wednesday's weekly expiry session with the condition that it secures 22400 on the downside. On the upside, we can look for levels upto 22880+ if Nifty successfully crosses and sustains above 22650, and stronger momentum is expected if it crosses 22730. All levels are marked in the chart posted . GUYS, YOU CAN FOLLOW ME ON X...
Banknifty is looking positive, but as we have already discussed in the Nifty weekly analysis about global uncertainty ,we can expect Banknifty to form a low near 50540 . But if Banknifty breaches 50544, then we can witness a new range to open , which I have specially marked below . There are 3 levels to watch in Banknifty if it breaks below 50544: 1.) 50028 2.)...
Indian markets are looking resilient. But Nifty can further retrace in the first half of the week post US markets tariff reaction . On the downside, Nifty can protect the 22,000 zone, and we can expect it to form a low there . The second half of the week can belong to some short covering provided we do not get fresh negative news. ALL LEVELS ARE MARKED IN THE...
GOLD Analysis - Gold is likely to remain range-bound and flat throughout the year. No major move in gold unless it crosses or breaches imp levels either on the upside or downside. For the upside, it must cross and sustain above 2779, and it can go up to 3082-3180. On the downside, if it breaches 2379, then it can retrace up to 2209-2078.