Indianmarket
BANK NIFTY ANALYSIS - 24/02/2023Buy Above - 40140
SL - 40040
Targets - 40300,40400,40530
Sell Below - 39900
SL - 40000
Targets - 39760,39650,39400
Trade Safe & Happy Trading Guys
NIFTY ANALYSIS - 24/02/2023Buy Above - 17540
SL - 17500
Targets - 17590,17620,17680,17730
Sell Below - 17500
SL - 17530
Targets - 17450,17400,17360,17300
Trade Safe & Happy Trading Guys
Zomato: The Tomato ( rotten one for investors )Mcap 45,000 Cr
Road to Profitability : Never
Dont get fooled by the Q3 profit numbers in the light of crashing share prices by the few of these charlatans.
Already down 50% from teh listing date.
DoorDash, teh US listed entity in food delivery is down 80% from $250 to $60.
Order food here till they close down but stay away from the scam.
NIFTY ANALYSIS - 23/02/2023Buy Above - 17590
SL - 17550
Targets - 17640,17680,17730,17770
Sell Below - 17530
SL - 17560
Targets - 17480,17440,17360
Trade Safe & Happy Trading Guys
NIFTY ANALYSIS - 22/02/2023Buy Above - 17860
SL - 17830
Targets - 17890,17950,18000
Sell Below - 17800
SL - 17840
Targets - 17730,17690,17660,17600
Trade Safe & Happy Trading Guys
BANK NIFTY ANALYSIS - 21/02/2023DOWN TREND PATTERN
Buy Above - 40800
SL - 40740
Targets - 40950,41080,41200
Sell Below - 40600
SL - 40720
Targets - 40420,40260,40150
Trade Safe & Happy Trading Guys
NIFTY ANALYSIS - 21/02/2023DOWN TREND PATTERN
Buy Above - 17860
SL - 17830
Targets - 17890,17950,18000
Sell Below - 17820
SL - 17850
Targets - 17730,17690,17660,17600
Trade Safe & Happy Trading Guys
HDFCBANK - Bearish Cycle HDFCBANK - Elliott Wave Theory.
The price seemed to have made a corrective pattern which suggests another bearish wave. Invalid level remains at the previous high.
BANK NIFTY ANALYSIS - 20/02/2023Buy Above - 41200
SL - 41120
Targets - 41360,41420,41500,41600
Sell Below - 41080
SL - 41140
Targets - 40960,40820,40740
Trade Safe & Happy Trading Guys
NIFTY ANALYSIS - 20/02/2023THE PRICE HAVE TO SUSTAIN ABOVE THE TREND LINE TO BE BULLISH
Buy Above - 17960
SL - 17920
Targets - 18000,18080,18140
Sell Below - 17880
SL - 17910
Targets - 17850,17820,17780
Trade Safe & Happy Trading Guys
NIFTY - Elliott Wave ViewThe idea is based on the Elliott Wave Theory.
Nifty has made 5 waves down (Impulse 1), and could start moving downwards again after a small correction (50-60%).
Long Term View:
NIFTY ANALYSIS - 17/02/2023Buy Above - 18030
SL - 17990
Targets - 18080,18140,18400
Sell Below - 17960
SL - 18020
Targets - 17900,17860,17800,17750
Trade Safe & Happy Trading Guys
NIFTY - Bearish Market ViewThe idea is based on the Elliott Wave Theory. The current upward momentum is very low and the price is moving in a corrective structure. A downward move is likely from the current resistance zone (or a possible likely scenario with 61.8 fib correction).
A move over 18480 invalidates this idea.
BANK NIFTY ANALYSIS - 16/02/202310 DAY'S OF CHANNEL BREAKOUT
Buy Above - 41800
SL - 41700
Targets - 41900,42000,42100,42250
Sell Below - 41700
SL - 41750
Targets - 41500,41400,41200,41000
On Expiry Day we have premium decay so Trade Safe
& Happy Trading Guys
NIFTY ANALYSIS - 16/02/2023EXPIRY DAY BREAKOUT
Buy Above - 18020
SL - 19960
Targets - 18080,18140,18200
Sell Below - 17960
SL - 18020
Targets - 17900,17860,17800,17750
On Expiry Day we have premium decay so Trade Safe
& Happy Trading Guys
BPCL - Bullish CycleBPCL - Elliott Wave View.
Pattern suggests a triangle formation, which means a bullish scenario is likely from this level. A move below 300 would be an invalidation to this idea.
BANK NIFTY ANALYSIS - 15/02/2023BN CHANNEL RANGE - 41200 - 41700
Buy Above - 41700
SL - 41630
Targets - 41860,41900,42000,42100
Sell Below - 41600
SL - 41640
Targets - 41500,41400,41200,41000
Trade Safe, Maintain Your Stoploss & Happy Trading Guys
BANK NIFTY ANALYSIS - 14/02/2023Buy Above - 41330
SL - 41240
Targets - 41400,41480,41600
Sell Below - 41160
SL - 41240
Targets - 41080,41000,40860
Trade Safe & Happy Trading Guys
NIFTY ANALYSIS - 14/02/2023Buy Above - 17780
SL - 17740
Targets - 17820,17860,17900
Sell Below - 17680
SL - 17720
Targets - 17640,17600,17560
Trade Safe & Happy Trading Guys
MRF - Elliott Wave ViewMRF - Daily Chart based on the Elliott Wave Theory.
As long as the triangle stands valid, the price should correct more downwards. Correction could make further extensions if the next resistance level is broken.
NIFTY ANALYSIS - 13/02/2023Buy Above - 17900
SL - 17870
Targets - 17930,17960,18000
Sell Below - 17830
SL - 17860
Targets - 17800,17760,17720
Trade Safe & Happy Trading Guys
BANK NIFTY ANALYSIS - 13/02/2023Buy Above - 41600
SL - 41520
Targets - 41680,41800,41920,42080
Sell Below - 41440
SL - 41500
Targets - 41360,41240,41120,40940,40860
Trade Safe & Happy Trading Guys
