karthikss

karthikss

Nifty Short, Medium & Long Term : 04-Nov-24 to 08-Nov-24 Nifty closed at 24304(Last week 24192) and touched high & low of 24498-24134 RSI ,Macd and stochastics levels are still down at the bottom. Last week Market continue to be down and narrow rangebound. Caution was emphasized on Nifty for last 4 months as nifty PE ( Currently 22.6) is in high level with...

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Nifty Short, Medium & Long Term : 28-Oct-24 to 01-Nov-24 Nifty closed at 24192 (Last week 24854) and touched high & low of 25971-24197 RSI ,Macd and stochastics levels are down to the bottom. market Broke the key short term support at 24560 and went down. Last week Market was down as expected by more than 700 points but slightly recovered on last day of trading...

karthikss

Bitcoin increased as expected after decisive break above 65400 as specified in my previous report . The Resistance 1 provided around 68500 worked very well and trading down. 21 SMA at 64600 and 64370 (0.618 Fib Retracement) Further down the 61300 acts crucial support (0.5 Fib Retracement). Can buy at these support level if bouncing back strongly for target of 73700.

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Nifty Short, Medium & Long Term : 21-Oct-24 to 25-Oct-24 Nifty closed at 24854 (Last Week 24964) and touched high & low of 25185-24557 Last week Market was down by more than 700 points but recovered on last day of trading of the week. FII pulled out money and invested in China more than 77000 Cr till date in Oct 2024. Nifty Bank 52094 ( last week 51179),...

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Nifty Short, Medium & Long Term : 14-Oct-24 to 18-Oct-24 Nifty closed at 24964 ( Last Week 25011 ) and touched high & low of 25277-24708 Last week Market was marginally down and settled down due to middle east tension and profit booking. FII pulled out money and invested in China ( China market surged last week). Market touched new high 2 weeks before and...

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Nifty Short, Medium & Long Term : 07-Oct-24 to 11-Oct-24 Nifty closed at 25014 ( Last Week 26179 ) and touched low & high of 25839-26285 ( all time high) Market saw a drop of 4.5% last week due to concern on Middle East War Situation. Market touched new high 2 weeks before , and touched all time high of Mid Term Resistance 26260 Nifty Bank 51462 ( 53834),...

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Nifty Short, Medium & Long Term : 30-Sep-24 to 04-Oct-24 Nifty closed at 26179 (last week 25790 ) and touched low & high of 25839-26285 ( all time high) Market touched new high last week , and broke the key resistance of 26000 provided last week decisively and also crossed another Mid Term Resistance 26260 settled down at 26179( As shown in chart, The level is...

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Bitcon Analysis 25-Sep-24 Bitcoin crossed the SMA 200 and yet to cross the Fibonacci Retracement resistance 64370 decisively as shown in the chart

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NIFTY Resistance 25-Sep-24 Evident Resistance between 25800 and 26200 Also the gap is very low between both Resistance. Either it need to decisively break and move up with Global, Local News or To be Careful during this zone. Chance for market might move sideways till Q2 Results (Expected in a span of month)

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Nifty Short, Medium & Long Term : 23-Sep-24 to 27-Sep-24 Nifty closed at 25790 (last week 25356) and touched low & high of 25292-25849 ( all time high) Market touched new high last week , and broke the key resistance of 25545 provided last week decisively and also crossed Mid Term Resistance 25800 and settled at 25790 ( ( Target Line Provided) Nifty bank...

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Bitcoin Support & Resistance- 17-Sep-24 Further to my post last week 09-Sep-24 & on 03-Sep-24, BTC: 61000 The supports are working fine as proposed on 03-Sep-24 at 52650-52750 ( Previous Feb 24 high) and Fib Support 51750, further downside 44736 ( Fib support) to watch out. Supports provided with clear mark up in the chart. Currently BTC broke the SMA 50 and...

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Nifty Short, Medium & Long Term : 16-Sep-24 to 20-Sep-24 Nifty closed at 25356 ( Last week 24855 ) and touched low & high of 24471-25429 ( all time high) Market touched new high last week , and nearing the Short term Resistance at 25545. RSI and stochastics levels moved up last week (63% and 87% respectively). MACD level and signal are at same level. Nifty...

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Nifty Short, Medium & Long Term : 09-Sep-24 to 13-Sep-24 Nifty closed at 24855 ( Last week 25235 ) and touched low & high of 24807-25335 ( all time high) Market touched new high last week and went down on last fri, Market broke the Ist Support at 25000 and went down last week and currently it is in rangebound. RSI and stochastics levels moved up last week (52%...

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Bitcoin Support & Resistance- 09-Sep-24 Further to my post last week, The supports are working fine and 52650-52750 ( Previous Feb 24 high) and Fib Support 51750, further downside 44736 ( Fib support) to watch out. Supports provided with clear mark up in the chart.

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Bitcoin -Is it Forming a W Pattern If support at 55,000$ or strong support at 49,000$ as shown in the graph ( Fib Resistance) and if reversed, then can be tried to buy with target of 70,000$, if it breaks above then 100,000$.

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Nifty Short, Medium & Long Term : 02-Sep-24 to 06-Sep-24 Nifty closed at 25235 ( Last week 24823 ) and touched low & high of 24899-25263 ( all time high) As suggested for past two weeks, market bounced back and moved up and achieved the first Medium term target 25224. Caution to be emphasized on Nifty as nifty PE is in high level with high valuation...

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Nifty Short, Medium & Long Term view 26-Aug-24 to 30-Aug-24 Nifty closed at 24823 ( Last week 24413 ) and touched low & high of 24524-24866 As suggested last week, market bounced back and moved up and near to the initial line target of 24900 as shown in the chart. Post Indian Elections, reduction of interest rate by RBI is expected on a staggered manner till...

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Nifty Short, Medium & Long Term view 19-Aug-24 to 23-Aug-24 Nifty closed at 24413 (2 weeks before 24716) and touched low & high of 23897-24560 in a span of 2 weeks. Shorting was suggested two weeks before when nifty was at 24714, market was down near to 800 points. After US market bounce back, Indian market too bounced back especially on last day and closed...