NIFTY ANALYSIS FOR 9TH OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 9TH OCT 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
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NIFTY
Green Candle required after Hammer like structure formed todayA Green follow-up Candle required after Hammer like structure formed today to confirm a bottom and restart of up move. Major resistances on the up side now (If we get good couple of candles in next 2 days), will be at 19479, 19555 (Major resistance), 19657 and 19777. Supports for Nifty are at 19326 and 19218.
Review-plan for 6th October 2023- Aggressive entries!!Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Will bull be able to hold NIFTY today?NIFTY yesterday was total bearish but in 2nd half Bulls came and took charge and all market reversed back in bullishness.
as PCR = 0.85 (Bullish) and also market is back into pattern. so its assumed that bulls will be taking control of today's moment.
Reason :
Chart is back in the pattern will full yesterday 2nd half bullish.
PCR is 0.85 (Bullish)
MAX pain: 19350 and 19500
RSI is still in 40-60 means continiously increasing means bulls have power.
Verdict :
Bullishness is expected
Plan of action:
Observe 15 min Candle if bullish
Sell 19350 PE
#NIFTY Intraday Support and Resistance Levels - 05/10/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19460 level and then possible upside rally up to 19580 in today's session. in case nifty trades below 19430 level then the downside target can go up to the 19310 level.
Nifty - Elliott Wave CountNifty - Elliott Wave Count
Nifty - the market appears to be completing the correction, an impulse wave expected towards 20300 & above
If the price breaks below 19300, the view is invalid.
Please exercise caution when trading as this information is for educational purposes only.
NSE:NIFTY NSE:NIFTY1! NSEIX:NIFTY1! NSE:NIFTY1!
Review and plan for 5th OctoberNifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
NIFTY ANALYSIS FOR 5th OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 5th OCT 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
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Descending Triangle breakdown in JINDALSTELJINDAL STEEL & PWR
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakdown of Descending Triangle Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 645-.
✅Can Go short in this stock by placing a stop loss above 690+.
#NIFTY Intraday Support and Resistance Levels - 04/10/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 19500 level and then possible downside rally up to 19380 in today's session. in case nifty trades above 19550 level then the upside target can go up to the 19670 level.
No trade day - plan for 4th October 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Nifty Short, Medium and Long Term review-03-Oct-23 to 06-Oct-23Nifty Short, Medium and Long Term review-04-Oct-23 to 06-Oct-23 (Could not post from week starting from 03-Oct-23)
Nifty closed at 19528(19674)and touched low & high of 19481 and 19766.
RSI level down from 46% to 43 & Stochastics 30% to 6% respectively.
Stochastic & RSI- Moving further moving down and getting Bottom out.
Nifty broke below Ist Support at 19600 ( Fib Resistance) last week, but holding the next short term Support provided ( Fib Resitance at 19320/19467).
Hence Maintaining the same support level & Resistance level as provided in last week.
Nifty Bank is having attractive valuation.
Buy on dip call on SBI & ICICI Bank , Axis Bank given on 13-Aug-23, Can Continue to buy for long term. Can add BOB, canara bank on dips. To watch for bottoming out of Kotak Bank, can add for long term.
Nifty- Short Term (Neutral to Bearish)
Strong Support at 19300-19600 (Fib Resitance at 19320/19467)
Also there is a support at 19224 (Previous Low)
Resistance at 19724/19840/19990
Nifty Medium Term & long Term -
As market in overbought zone there will be a correction.
Resistance at 20221 ( Prev High ) / 20500
Further to review the Q2 results. To review once Nifty reaches target.
Strong Resistance at 18800
NIFTY ANALYSIS FOR 4th OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 4th OCT 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
#nse
#nsebse
#Nifty
#niftyfifty
#bankniftytrading
#nfitybank
#niftypredictionfortomorrow
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Nifty took support at the trendline todayImmense massive selling pressure across sectors Nifty took support at the trendline 19479. holding this level is the key now to progress. If in the coming week this support is broken we may see support near 19227 or 18905. Closing below 19560 (50 days EMA) is a bad sign. Let us see if Nifty recovers tomorrow from the trend line support. In case of recovery further resistances will be at 19560, 19657 and 19777.
#NIFTY Intraday Support and Resistance Levels - 03/10/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 19600 level and then possible downside rally up to 19480 in today's session. in case nifty trades above19650 level then the upside target can go up to the 19770 level.
Nifty can bounce from Support. Nifty can bounce from Support if it can sustain above the levels of Friday high. That is 19799 tomorrow or in the coming week. In this case the resistances on the upper side will be 19921, 19991, 20038 and finally 20176. Supports for Nifty on the lower side remain at 19502 and 19208 on the daily chart. The momentum it gained on Friday should continue on Tuesday otherwise the Nifty will remain side ways for a few days. Crossing and closing above 19799 levels is crucial for fresh leg of rally to start in Nifty .
Market is indecisive but bias seems to be positive to neutral.Market is indecisive but bias seems to be positive to neutral. If the support near 19483 will be broken the Nifty can further fall towards 19227, 18905 or 18531 levels. Resistances on the upper side for Nifty remain at 19795 and 20000. Nifty took a support on Friday at the trendline and bounced handsomely above 19600 which is a good sign. Now sustaining above the same will be the key for regaining 20,000+ levels. The chances for Nifty remaining side-ways are also there for the coming week.
NIFTY ANALYSIS FOR 3RD OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 3RD OCT 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
#nse
#nsebse
#Nifty
#niftyfifty
#bankniftytrading
#nfitybank
#niftypredictionfortomorrow
#niftyoptions
#NiftyBank
#nifty50
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AARTI INDUSTRIES bullish trend reversalNSE:AARTIIND after a long consolidation, bullish rally can be seen after weekly breakout of 540 level. SPECIALITY CHEMICAL sector is good for upcoming years, save it in your watchlist and analyse on your own.
NO BUY/SELL RECOMMENDATION,
invest at your own risk.
💹
Bearish Engulfing in Nifty Today.Bearish engulfing candle seen today which is not a good sign. If we get a negative confirmation candle tomorrow to end the week we will see further weakness. The support and resistances on upper and lower side are as under:
Nifty Supports: 19245, 19042, 18890 and finally 18688.
Nifty Resistance: 19775, 19887, 20K+.
Red expiry!!- plan for 29th September 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT