IshanMathur05

IshanMathur05

Upcoming week we can expect some respite from bearish momentum in Nifty . Nifty major support stands at 23730 so if we see more retracement then we can expect strong short covering at 23730 otherwise we can expect range bound trade in the coming week.All levels are marked in chart posted.

IshanMathur05

Banknifty is still not bearish but FII selling is restricting upmove , I'm expecting flat to mild bearish movement in the upcoming week if FII's selling continue , but if they start some buying then we can expect great upmove in banknifty upto 53100+ . On the downside biggest support for bullish structure is 50200.

IshanMathur05

Nifty is looking out of trend and we can see some more retracement but expecting green closing weekly basis . Currently trading at 24304 we can expect some more retracement upto 23600-400 and then upside . if nifty crosses 24470 then we can see further upside . All levels are marked in chart posted.

IshanMathur05

Nifty is looking weak and it can retrace upto 23300 , 23300-200 will work as a very important support for bulls as it indicates completion of short term profit booking. IF we touch 23300-200 in the first half of the month then we can see strong short covering upto 25000-25300 levels. ALL LEVELS ARE MARKED IN CHART POSTED.

IshanMathur05

Banknifty is looking steady on charts and it can give either side momentum in the upcoming week , currently trading at 51670 bank nifty must cross 52250 for further upside momentum otherwise it can remain flat to negative in the upcoming week, 50300 will work as very important support on the downside. All levels are marked in chart posted !!!

IshanMathur05

Banknifty is trading within the same range since June , I'm expect range to break on either side in the upcoming month . Very important support on the downside lies on 50200 if banknifty breaks 50200 monthly basis then we can expect further downside. Otherwise if it crosses and sustains 52500 then we can expect further upside . All levels are marked in chart posted

IshanMathur05

Nifty can remain positive in the upcoming week while we should also be aware of important support of 24000 if broken we can see downside upto 23850-800 in the upcoming week. Levels are marked in chart posted along !!!

IshanMathur05

Nifty bank is still holding up hopes for bulls and it may remain flat to positive in the upcoming week . This week I have added 2 very strong short covering levels in case we see any significant downside and those levels are 1.) 48862 and 2.)28102 , these levels are very promising for short term bulls. All levels are marked in chart posted . Happy Trading!!!

IshanMathur05

Nifty looks indecisive but I'm expecting positive closing on weekly basis , once nifty crosses 25100 on the upside we can expect momentum to continue further but if it breaks 24750 on the downside then it can retrace upto 24500-300. Buy on dips is setup will remain intact until nifty holds upto 24500-300 range on the downside.

IshanMathur05

Banknifty is looking steady and it can give good upside in the upcoming week upto levels if 53400+ the only risk involved is that it can face resistance at 52550 but if it crosses if successfully we can expect good upside. View remains invalidated if banknifty breaches 51600 on the downside.

IshanMathur05

Nifty looks bullish, any further retracement would be a buying opportunity , so I'm expecting atleast 500 points rally in nifty . Retracement upto 24550 would keep buy on dips setup intact but if nifty breaches 24550 on the downside then we can expect further bearish momentum

IshanMathur05

Banknifty is looking neutral I'm not very bearish neither expecting big bearish move. I feel Buy on dips will work this week . Banknifty can go upto 52700 in the upcoming week. View remains invalidated once banknifty breaches 49600 on the downside. Levels are marked in chart posted.

IshanMathur05

Dow Jones looks bullish for the upcoming quarter and it can go upto 45111+ by 1st January 2025. Buy on dips setup will remain intact until Dow Jones breaches 39500 on the downside.

IshanMathur05

Nifty looks oversold and it can give strong short covering upto levels of 25700-800+ . Global tensions are the only concern which can drag nifty further towards 24800-700 , but if we don't get any major negative global news then for sure nifty will give strong short covering . NiftyIT will play major role in short covering!!!

IshanMathur05

Banknifty looks over sold and we can expect short covering in the upcoming week, only problem is global tensions, if we don't see any major escalation in global tensions then we can expect short covering upto levels of 53000. Buy on dips setup will remain intact until banknifty breaches 50300-200 on the downside.

IshanMathur05

Banknifty looks bullish for the month of October and we can expect a small dip of 1500-2000 points but that should be considered buy on dips setup and it can go upto 56000-56200. Check posted chart for better idea of target and dips levels.

IshanMathur05

Nifty can go upto 27200 completing the bullish move for the short term in the month of October. After hitting resistance drawn on chart posted we can expect profit booking. I'm expecting 27000 levels in first half of October series. Levels are drawn on chart posted.

IshanMathur05

Nifty 50 looks indecisive and it can remain in small range in the upcoming week. Im expecting highs of 26420 and then profit booking upto 26100. we need to watch if nifty starts retracement from Monday onwards then we can see short covering at levels of 26000-26100 and if it goes to 26400 straightaway then we can expect profit booking upto 26100.