Today (11/03/2025) market gap down recovery showing Nifty past rally is still sustainable. because bearish volume has not been seen above average. this correction would be fruitful if market want to give next upward rally. Maybe upward momentum will begin either after buyer SL hunting or something consolidation. 1st target -22900 2nd Target-23100
Today on 21/03/2025 with upward rally, on hourly chart I found similarity or smart money footprint (sign of weakness) at the time of closing bell same as (sign of strength) on 28 February 2025. what was that? Let's try to Dig.... previous days when market was forming lower low, that was downtrend look at the time on 28 February 2025 that was 14.15 pm on hourly...
a lot of analysts saying Dollar is going to week vs rupees but seeing technical chart, dollar is traded above 50 EMA and never come to touch since October. currently Dollar completed Symmetrical Pattern showing any upcoming momentum may happen, either bullish or bearish is just could say after seeing breakout/breakdown this pattern. To gain strength in Rupee it is...
After making Double bottom pattern, Banknifty retested it successfully, it seems to be short term bullish after giving rejection and follow-up bullish candle today on daily chart. a good risk reward ratio 1:2 go long. Technal key Factor: RSI above 50 Near 100 Weekly Ema : : Entry above -49700 Target 1st -50611 Target 2nd -51666 Exit/SL - 48500
In recent days market ignoring all good news Like Budget, Rate cut etc. and continue to downward journey, it would be continuously 6th negative days if closing below yesterday still Nifty Took Breath Near Previous Low 22800 acted as good support but not too much buying seen because of falling volume with increasing price so clearly signal that market have enough...
since Union Budget, 25 % Falling India Vix making a good base, seeing nifty downtrend it may shoot up in upcoming days if it sustain above 15. technically it gave 20&50 EMA bullish crossover. If market fall with rising VIX it would sign of weakness again.
nifty facing resistance of budget day Low 23350 might give upward rally toward 23800. if sustain above 23350.
After 28% Correction Britania made an inverse head & shoulder pattern. In past few month FMCG sector is underperformer might give good rally. Considering with a strong balance sheet BRITANIA already gave Strong breakout with above average volume. Either long term Investing or positional Trading you may consider this large cap stock. level is mentioned on chart,...