Infosys is looking positive for short term and once it crosses and sustains above 2042 it can give good upside upto level of 2218-2270. On the downside range to watch is 1878-1798 for accumulation.
In the short to medium term, LTI Mindtree exhibits promising prospects, with the potential to reach a target range of 7350-7550 once it surpasses and maintains a position above 6787. Conversely, critical short-term short covering levels are 6143 and 5991. However, the validity of this analysis will be rendered invalid if LTI Mindtree breaches 5991 on the downside.
Titan appears to be in a reasonable position, and its short-term downside risk appears limited. Potential downside levels to monitor are 3327-2355. Once Titan crosses and sustains 3618, it has the potential to rise upto 3720-3780 in short term.
Banknifty is showing some positive signs, and if it breaks above 54,048, it could potentially reach 55,200-50,000. However, if it fails to maintain this level, it might remain in a volatile range throughout the week. Keep an eye on 54,048, as it’s a crucial breakout level for Banknifty.
Nifty is showing signs of strength, but it’s important to stay cautious while trying to chase upside. The key level to watch is 24826. If Nifty breaks above 24826 and sustains, it could potentially go up to 25300-25420. But if it doesn’t hold onto 24826, it could stay stuck in a range and be quite volatile throughout the week.
The BankNifty index is currently exhibiting positive trends on the charts. A crucial level for the upside trajectory is 52400. If BankNifty successfully crosses and maintains its position above 52400 then expect an upward movement towards 53100 or higher. Conversely, if it fails to sustain above 52400, then expect range-bound movement.And if BankNifty breach...
Navin Fluorine is looking really good right now. If it breaks through and stays above 3657, it could go up to 4100 in the short term. But for the downside, the important support zone is between 3433 and 3361. It’s best to avoid that area and wait for either a further drop to 3272-3173 or for it to cross 3657 again.
Currently, the Nifty appears uncertain, with both buy and sell signals active. If Nifty manages to cross and sustain above 24,350, it could potentially reach 24,800-24,900. Conversely, if Nifty breaches 23,800 on the downside, it could experience a downtrend towards 23,600-500. In either scenario market is expected to remain range-bound and volatile if it fails to...
BankNifty appears to be exhibiting bullish momentum for the upcoming week. Should it successfully surpass and maintain a position above 51500, we anticipate potential levels to reach 52500-52800. However, the current view remains invalidated if BankNifty experiences a downward breach of 50600.
The current market price of Berger paints appears reasonable, and the chart indicates a potential short-term trend reversal from the current price. In the short term, it could potentially reach 570-600. However, this view remains invalidated if Berger paints breaches 410.
Hindustan Unilever appears to be in a favorable position, with a chart indicating a potential upside in the short term. The stock has the potential to reach a target of 2640-2670 upon crossing and sustaining a level of 2490. However, the current view remains invalidated if it breaches 2340 on the downside
Tata Power appears to be exhibiting bullish momentum, with the potential to reach a short-term peak of 450-470. However, a breach of 380 would invalidate the bullish view and signal a potential downside.
Nifty is currently exhibiting bullish tendencies, but it requires a daily close above 24350 to continue its upward trajectory towards 24800-950 within the next week. A monthly close of Nifty near 24800 is anticipated if we maintain this upward momentum. However, if we fail to sustain this upward trend, 23600 will serve as a crucial support level.
SBI is at crucial junction for clear trend on either side, chart is signaling downtrend if we breach 685, before that there are few support levels within 100 points range of 805-690 and if SBI breaches 885 then can even witness levels upto 622. Major short covering levels are :- 1. 726 2. 648 3. 622 - ULTIMATE LOW . IF we have to avoid downtrend then we must...
Nifty is looking weak , 23313 is important support and once nifty breaches this level then it can retrace upto 22950 in the upcoming week. and once we hit 22950 we can expect some short covering . All levels are marked in chart posted along. FOLLOR ME ON X ID -( @Ishanmathur24 )FOR DAILY/WEEKLY INDEX AND STOCKS ANALYSIS.
Nifty bank is neutral right now , no clear bearish signal yet but upside looks tough . 49767 is very important support and if banknifty breaches this level then we can expect it to retrace upto 48950. But if banknifty crosses 50650 then we can expect further upside upto 51400.
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.
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.