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.
Dow Jones is going through major uncertainties, which has hampered the momentum already . Now we can expect it to form a low near the 40,000 zone in this quarter if downside momentum continues. Overall, I expect Dow to test the previous all-time high and make a new all-time high as well . All levels are marked in the chart posted.
Nifty is looking uncertain at the moment. Global uncertainties and a truncated week are enough to restrict momentum for bulls, but charts are indicating that at least we can expect a green weekly close on Nifty. Levels to watch for upside are 23620. Upon crossing 23620, we can expect good momentum. On the downside, imp levels to watch are 23350. Upon breaching...
Banknifty is looking positive on charts. Hence, we can expect upside momentum to continue, but some global uncertainties and a truncated week can hamper momentum . Levels to watch: Upside only if Banknifty crosses and sustains above 51750, and momentum can continue upto 52500+. On the downside, we can expect retracement upto 50800 if Banknifty breaches the range...
JB Chem & Pharma is looking steady, and we can expect upside from here. The level to watch for upside would be 1690. Upon crossing this level, we can expect good upside, and it will face strong resistance at 1795. Upon crossing and sustaining this level, we can even witness upside upto the level of 1943+. On the downside, the support zone is 1605-1535, and imp...
Banknifty is looking positive and it can continue this rally, especially after crossing and sustaining above 50730. On the upside, we can expect levels upto 51400-570 . If it fails to cross or sustain above 50726, then it can remain range-bound, and we can even expect a small retracement of the recent rally. An imp level for short covering would be 50178. With...
Nifty is looking positive , but on the upside 23600 will be a very strong resistance and we can expect further upside only if nifty successfully crosses and sustains above 23600 and further rally can continue upto levels of 23911-24044 in the upcoming week. If nifty fails to cross 23600 then we can expect small retracement and range bound movement throughout the...
Chola fin is looking steady on charts and it has a good potential for upside in the short to medium term. The base level for upside would be 1485, and up on crossing this level, we can expect it to continue momentum upto levels of 1656-1716. On the downside, the important support area is 1415-1360, and imp. short covering levels are 1309 and 1258. The view...
Banknifty is looking out of trend. We can expect upside in the upcoming week with the condition that it should successfully cross and sustain above 48490 . Upon crossing this week, we can expect levels upto 49000-49200. On the downside, there are important short covering levels which are 47364 and 47130, and support levels are 47865-47630.
Nifty is looking uncertain , and we can expect downside to continue if it breaks recent support level of 22228 and if it crosses 22495 on the upside then there are chances for upside momentum to continue . All levels are marked in the chart posted.