Nifty is looking uncertain due to global uncertainties, and we need to track and expect moves through levels as there is no trend present on the chart right now . Upside is expected only if Nifty crosses and sustains above the 24850-950 range, and then it will face resistance at 25084. Upon crossing that, we can expect good short cover in Nifty. While if Nifty...
Banknifty can remain highly volatile, and we can expect a green bar on weekly charts . Expecting short covering from lows if we do not get any fresh global uncertainties. Imp levels to watch on the downside are 55200 and 54800 .And if banknifty breaches 54800 on the downside then we can expect further retracement upto 54500-54000. On the upside, Banknifty must...
Banknifty is looking positive for the upcoming. Now, 56000 is an essential support for bulls, and we can expect this momentum to continue up to the level of 58200-58500 until Banknifty trades above 56000. And if Banknifty breaches 56000, then we can expect levels up to 55000.
Nifty is looking positive for the upcoming week, and we can expect upside momentum to continue up to 25500 in the upcoming week. Right now, downside risk is looking limited up to 24650, which we can expect only if Nifty daily closes below 24900.
Banknifty is looking positive for the upcoming week , but upside confirmation only if Banknifty crosses and sustains above 56000-56100. Until then, Banknifty trend is not confirmed, especially for upside. As of now, downside looks limited, but if Banknifty breaches 55000, then we can expect a small retracement . ALL LEVELS ARE MARKED IN THE CHART POSTED.
Nifty is trading at a very important zone; this week will be very important for both bulls and bears. Upside only above 24970 as it will act as a resistance until Nifty crosses and sustains over it. If Nifty manages to hold above 24970, then we can expect strong short covering upto 25300-400. But if Nifty breaches 24600 on the downside, then we can expect...
Supreme Industries is looking positive post recent short covering , now trading at 4165 indicating upside momentum to continue . An important level to watch for further upside would be 4244 and it can continue its upside upto levels of 4695-4830 in the short to medium term . On the downside, imp support would be 4049 and if it breaches this support then we can...
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!!