The support that Nifty took today will be tested. Nifty took a decisive support today and bounced back closing above 50 days EMA which shows strength in the market, however the support taken by Nifty yesterday 19512 might be tested again today. If that support hold then we may see a positive up move on today or in the coming week. Nifty will remain under pressure throughout the day. situation remains grim due to Middle East crisis. Auto sector looks positive and Chemical sector seems to be forming a bottom.
Nifty Supports: 19511 and 19357.
Nifty Resistance:19690 and 19898.
Nifty50
Middle East Crisis send shivers down investor's spines. Middle East Crisis send shivers down investor's spines. Things are not looking that great as Nifty will probably look for further support levels. It will be a surprise if spot Nifty hold ground and closes above 50 days EMA (Mother line) that is 19604. If 19604 is broken further supports for Nifty can be found at the levels of 19357. Resistance on the upper side will be at 19878. Let us see where Nifty can hold 19357 by end of this week. Only saving grace is DIIs are buying and buying big since last few days against FII selling.
Nifty Looking forward with strong positive biasNifty looking strong and holding above the strong support of 19770 can be good positive other supports for spot Nifty are at 19731, 19680 and 19634. Major support closing below which the positive trend can change is 19481. Crossing and closing above 19856 will unleash more upside to Nifty and take it towards 19942, 20053 and finally 20219. Things are looking strong as of now it the level of 19770. The only catch and red flag being further escalation in Middle East crisis and Third of Fourth party joining the ongoing conflict.
Reverse Head and Shoulder pattern forming in Nifty (Positive)On a closer look at the Nifty hourly chart and smart recovery from the lows of the day, it seems that Nifty is forming a 'Reverse Head and Shoulder' pattern. This is very effective and very positive pattern. This pattern will come into effect if we get a daily closing above 19851 or thereabouts. The supports on the lower side for Nifty will be at 19712, 19600 and 19481. Resistances on the upper side are at 19851, 19891, 19942 and 20009.
IRFC getting one more boost SOONVery good and clear movement can be seen when we talk about IRFC.
1 - Last time before showing a big up movement it took around 18-20 days and this time also it has taken about 20 days.
2 - This time it will keep consolidating till 23rd oct, then a big up movement for 5-7 days are possible.
3 - 77.25 is the major resistance and once above it then the big movement after 23 Oct is for sure.
4 - Not be surprised if it touches 120+ Before Oct end
NIFTY 50: Weekly Outlook: October Week 3, 2023Weekly Review
Nifty 50 gained 0.5% in the last week, hence closing at 19,751. The index has been very reactive to the past few macro events like Middle East warzone situations, Positive cues on Retail Inflation at 5.03% and poor guidance from IT companies on the growth front. Although on the technical front, levels have been in accordance with our view for the last two weeks gap opening and closing will cause a significant issue when we look back on these levels in future months.
Week Ahead:
On Daily charts key support for the week to come stands at 19,600 (make or break) for the rally to stay intact. The upcoming week will see a revision of resistance levels at 19,796-19,884 is a crucial tradezone, a break above this will see Nifty rally to 20,000 levels once again. In case a breakdown below 19,600 happens then 19,481,19,376 and 19,326-19230 will hold the fort.
Caution: Be cautious of sectors and stocks you trade as the market and scripts will be very reactive to Q2 FY24 earnings as much has not been factored in the market.
*Disclaimer*: I am not a SEBI registered analyst and hence the above market outlook is for educational study and research purposes only. In no way do I endorse this opinion to take a trade or for any investments in markets in any form by any Participant. Be a responsible investor with proper risk management and keep learning as a true focus.
Figure 1: Nifty 50 Weekly Forecast chart
NIFTY ANALYSIS FOR 16TH OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 16TH 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
#nifty500
#niftytomorrow
#niftytoday
#NiftyCE
#bankniftyoptions
#sensex
#sensexindia
#sensextoday
#bankniftytips
#bankniftyanalysis
#bankniftytrading
#bankniftyoptions
#finnifty
#bankniftystrategies
#niftystrategies
#bse#bseindia
#bsesensex
#nsenifty
#nsebse
#nseindia
#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
#bankniftyoutlookformonday
#niftyforecast
#bankniftyforecast
#niftyshareprice
#bankniftyshareprice
#tommorrowniftyprediction
#tommorrobankniftypredicton
#niftytargettommrrow
#bankniftytargettommrrow
#bankniftylive
#banknifty
#bankniftyoptions
#bankniftystrategies
#bankniftyfuture
#bankniftyoptionstrategy
#bankniftycalls
#bankniftyintraday
#bankniftylivetrading
#bankniftyweeklyexpiry
#bankniftycrash
#bankniftytomorrow
#bankniftypredictions
#bankniftychart
#bankniftytips
#bankniftypremium
#bankniftyoptions
#bankniftyfuture
#bankniftytomorrowprediction
#bankniftyoption
#niftyweeklyexpiry
#stockmarketinindia
#derivatives
#niftypredictions
#niftytips
#bank nifty analysis,
#bank nifty prediction for tomorrow,
#bank nifty analysis
#bank nifty tomorrow,
#nifty prediction for tomorrow,
#nifty prediction,
#nifty analysis,
#banknifty tomorrow,
#bank nifty tomorrow analysis,
#nifty tomorrow,
#bank nifty analysis for tomorrow,
#nifty analysis for tomorrow,
#stock market crash,
#stock market latest news today,
#bank nifty live,
#live trading bank nifty,
#nifty live trading,
#live trading,
#bank nifty live trading
19831 proved as resistance as depicted yesterday. Read Yesterday's idea and look what was said about 19831. Look at the chart and see what 19831 did. Yesterday the resistance level was given 19831 look what happened today. Look at the specific area in the circle. That ladies and Gentlemen is power of Technical analysis. All the other resistance and support levels remain the same. As we could not cross the resistance today we might start negatively or very negatively and Nifty might stage a recovery later in the day or couple of days. 19690, 19663 or 19622 can prove to be important supports.
NMDC bullish with volume"NMDC Stock Trade Strategy: Buying at 155 with 150 as a Support Level, Setting Stop-Loss at 140, and Aiming for 217 - Leveraging Weekly and Monthly Breakouts Since 2012"
1) Stop-Loss: This is the price at which you are willing to sell the stock to limit your losses. In your case, you've set a stop-loss at 140. If the stock price falls to 140, the system will automatically sell the stock to prevent further losses.
2) Target Price: This is the price at which you plan to sell your stock to realize a profit. In your case, you've set a target price of 217. If the stock reaches 217, you plan to sell to lock in your gains.
Please be aware that the stock market can be highly volatile, and stock prices can fluctuate rapidly. It's essential to do your own research or consult a financial advisor to make informed investment decisions. Always consider factors like market conditions, company fundamentals, and recent news when setting your trading strategy.
Also, keep in mind that the stock market involves risks, and there's no guarantee that NMDC's stock will reach your target price or avoid your stop-loss level. Make sure you are comfortable with the risks involved and never invest money you can't afford to lose.
Nifty Looking Strong and rampaging ahead.Nifty is touch wood crossing resistance after resistance and rampaging ahead as if these resistances where mere matter of small hurdles to cross. The next major resistance for Nifty is just around the corner at 19831 which it might again try to cover by opening gap up tomorrow. If not gap up it will take some doing to cross 19831 and 19994. As they are strong resistances. Support for Spot Nifty on the lower side remain at 19722 and 19572.
NIFTY ANALYSIS FOR 12TH OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 12TH 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
#nifty500
#niftytomorrow
#niftytoday
#NiftyCE
#bankniftyoptions
#sensex
#sensexindia
#sensextoday
#bankniftytips
#bankniftyanalysis
#bankniftytrading
#bankniftyoptions
#finnifty
#bankniftystrategies
#niftystrategies
#bse#bseindia
#bsesensex
#nsenifty
#nsebse
#nseindia
#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
#bankniftyoutlookformonday
#niftyforecast
#bankniftyforecast
#niftyshareprice
#bankniftyshareprice
#tommorrowniftyprediction
#tommorrobankniftypredicton
#niftytargettommrrow
#bankniftytargettommrrow
#bankniftylive
#banknifty
#bankniftyoptions
#bankniftystrategies
#bankniftyfuture
#bankniftyoptionstrategy
#bankniftycalls
#bankniftyintraday
#bankniftylivetrading
#bankniftyweeklyexpiry
#bankniftycrash
#bankniftytomorrow
#bankniftypredictions
#bankniftychart
#bankniftytips
#bankniftypremium
#bankniftyoptions
#bankniftyfuture
#bankniftytomorrowprediction
#bankniftyoption
#niftyweeklyexpiry
#stockmarketinindia
#derivatives
#niftypredictions
#niftytips
#bank nifty analysis,
#bank nifty prediction for tomorrow,
#bank nifty analysis
#bank nifty tomorrow,
#nifty prediction for tomorrow,
#nifty prediction,
#nifty analysis,
#banknifty tomorrow,
#bank nifty tomorrow analysis,
#nifty tomorrow,
#bank nifty analysis for tomorrow,
#nifty analysis for tomorrow,
#stock market crash,
#stock market latest news today,
#bank nifty live,
#live trading bank nifty,
#nifty live trading,
#live trading,
#bank nifty live trading
Great Come back by Nifty in the background of Middle-East CrisisNifty made an immense come back to post the knee-jerk reaction to the crisis brewing in the Middle East. A follow up candle tomorrow to confirm the grip of bulls will be required however for the bull run to continue. The resistances on the upper side for spot Nifty will be at 19721, 19817 and 19894. Supports for Nifty on the lower side will be at 19474 (Strong Mid-channel support) and 19333.
NIFTY ANALYSIS FOR 11th OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 11th 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
#nifty500
#niftytomorrow
#niftytoday
#NiftyCE
#bankniftyoptions
#sensex
#sensexindia
#sensextoday
#bankniftytips
#bankniftyanalysis
#bankniftytrading
#bankniftyoptions
#finnifty
#bankniftystrategies
#niftystrategies
#bse#bseindia
#bsesensex
#nsenifty
#nsebse
#nseindia
#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
#bankniftyoutlookformonday
#niftyforecast
#bankniftyforecast
#niftyshareprice
#bankniftyshareprice
#tommorrowniftyprediction
#tommorrobankniftypredicton
#niftytargettommrrow
#bankniftytargettommrrow
#bankniftylive
#banknifty
#bankniftyoptions
#bankniftystrategies
#bankniftyfuture
#bankniftyoptionstrategy
#bankniftycalls
#bankniftyintraday
#bankniftylivetrading
#bankniftyweeklyexpiry
#bankniftycrash
#bankniftytomorrow
#bankniftypredictions
#bankniftychart
#bankniftytips
#bankniftypremium
#bankniftyoptions
#bankniftyfuture
#bankniftytomorrowprediction
#bankniftyoption
#niftyweeklyexpiry
#stockmarketinindia
#derivatives
#niftypredictions
#niftytips
#bank nifty analysis,
#bank nifty prediction for tomorrow,
#bank nifty analysis
#bank nifty tomorrow,
#nifty prediction for tomorrow,
#nifty prediction,
#nifty analysis,
#banknifty tomorrow,
#bank nifty tomorrow analysis,
#nifty tomorrow,
#bank nifty analysis for tomorrow,
#nifty analysis for tomorrow,
#stock market crash,
#stock market latest news today,
#bank nifty live,
#live trading bank nifty,
#nifty live trading,
#live trading,
#bank nifty live trading
City Union Bank Triple Bottom Pattern.CUB has consistently held support levels around Rs. 120, forming a Triple Bottom Pattern on the Daily Chart. Additionally, it has broken through the downward resistance. A potential upside can be observed if the price remains above the demand zone. The targets are indicated on the charts, and the stop loss can be set according to your risk appetite.
Please give a boost and comment if you find the analysis helpful and consider following for more. Any Request, suggestions or advice are warmly welcomed.
Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my own and for educational purposes only. Make sure you consult your Financial advisor before investing, as I won't be responsible for any losses incurred.
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
#nse
#nsebse
#Nifty
#niftyfifty
#bankniftytrading
#nfitybank
#niftypredictionfortomorrow
#niftyoptions
#NiftyBank
#nifty50
#nifty500
#niftytomorrow
#niftytoday
#NiftyCE
#bankniftyoptions
#sensex
#sensexindia
#sensextoday
#bankniftytips
#bankniftyanalysis
#bankniftytrading
#bankniftyoptions
#finnifty
#bankniftystrategies
#niftystrategies
#bse#bseindia
#bsesensex
#nsenifty
#nsebse
#nseindia
#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
#bankniftyoutlookformonday
#niftyforecast
#bankniftyforecast
#niftyshareprice
#bankniftyshareprice
#tommorrowniftyprediction
#tommorrobankniftypredicton
#niftytargettommrrow
#bankniftytargettommrrow
#bankniftylive
#banknifty
#bankniftyoptions
#bankniftystrategies
#bankniftyfuture
#bankniftyoptionstrategy
#bankniftycalls
#bankniftyintraday
#bankniftylivetrading
#bankniftyweeklyexpiry
#bankniftycrash
#bankniftytomorrow
#bankniftypredictions
#bankniftychart
#bankniftytips
#bankniftypremium
#bankniftyoptions
#bankniftyfuture
#bankniftytomorrowprediction
#bankniftyoption
#niftyweeklyexpiry
#stockmarketinindia
#derivatives
#niftypredictions
#niftytips
#bank nifty analysis,
#bank nifty prediction for tomorrow,
#bank nifty analysis
#bank nifty tomorrow,
#nifty prediction for tomorrow,
#nifty prediction,
#nifty analysis,
#banknifty tomorrow,
#bank nifty tomorrow analysis,
#nifty tomorrow,
#bank nifty analysis for tomorrow,
#nifty analysis for tomorrow,
#stock market crash,
#stock market latest news today,
#bank nifty live,
#live trading bank nifty,
#nifty live trading,
#live trading,
#bank nifty live trading
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.
Descending Triangle Pattern Reversal in NAUKRIINFO EDGE
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Triangle Pattern.
📊 It can give movement upto the Reversal target of Above 4332+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 5083+.
📊 Can Go Long in this stock by placing stop loss below 3933- or last swing Low.
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 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
#nse
#nsebse
#Nifty
#niftyfifty
#bankniftytrading
#nfitybank
#niftypredictionfortomorrow
#niftyoptions
#NiftyBank
#nifty50
#nifty500
#niftytomorrow
#niftytoday
#NiftyCE
#bankniftyoptions
#sensex
#sensexindia
#sensextoday
#bankniftytips
#bankniftyanalysis
#bankniftytrading
#bankniftyoptions
#finnifty
#bankniftystrategies
#niftystrategies
#bse#bseindia
#bsesensex
#nsenifty
#nsebse
#nseindia
#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
#bankniftyoutlookformonday
#niftyforecast
#bankniftyforecast
#niftyshareprice
#bankniftyshareprice
#tommorrowniftyprediction
#tommorrobankniftypredicton
#niftytargettommrrow
#bankniftytargettommrrow
#bankniftylive
#banknifty
#bankniftyoptions
#bankniftystrategies
#bankniftyfuture
#bankniftyoptionstrategy
#bankniftycalls
#bankniftyintraday
#bankniftylivetrading
#bankniftyweeklyexpiry
#bankniftycrash
#bankniftytomorrow
#bankniftypredictions
#bankniftychart
#bankniftytips
#bankniftypremium
#bankniftyoptions
#bankniftyfuture
#bankniftytomorrowprediction
#bankniftyoption
#niftyweeklyexpiry
#stockmarketinindia
#derivatives
#niftypredictions
#niftytips
#bank nifty analysis,
#bank nifty prediction for tomorrow,
#bank nifty analysis
#bank nifty tomorrow,
#nifty prediction for tomorrow,
#nifty prediction,
#nifty analysis,
#banknifty tomorrow,
#bank nifty tomorrow analysis,
#nifty tomorrow,
#bank nifty analysis for tomorrow,
#nifty analysis for tomorrow,
#stock market crash,
#stock market latest news today,
#bank nifty live,
#live trading bank nifty,
#nifty live trading,
#live trading,
#bank nifty live trading
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
#niftyoptions
#NiftyBank
#nifty50
#nifty500
#niftytomorrow
#niftytoday
#NiftyCE
#bankniftyoptions
#sensex
#sensexindia
#sensextoday
#bankniftytips
#bankniftyanalysis
#bankniftytrading
#bankniftyoptions
#finnifty
#bankniftystrategies
#niftystrategies
#bse#bseindia
#bsesensex
#nsenifty
#nsebse
#nseindia
#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
#bankniftyoutlookformonday
#niftyforecast
#bankniftyforecast
#niftyshareprice
#bankniftyshareprice
#tommorrowniftyprediction
#tommorrobankniftypredicton
#niftytargettommrrow
#bankniftytargettommrrow
#bankniftylive
#banknifty
#bankniftyoptions
#bankniftystrategies
#bankniftyfuture
#bankniftyoptionstrategy
#bankniftycalls
#bankniftyintraday
#bankniftylivetrading
#bankniftyweeklyexpiry
#bankniftycrash
#bankniftytomorrow
#bankniftypredictions
#bankniftychart
#bankniftytips
#bankniftypremium
#bankniftyoptions
#bankniftyfuture
#bankniftytomorrowprediction
#bankniftyoption
#niftyweeklyexpiry
#stockmarketinindia
#derivatives
#niftypredictions
#niftytips
#bank nifty analysis,
#bank nifty prediction for tomorrow,
#bank nifty analysis
#bank nifty tomorrow,
#nifty prediction for tomorrow,
#nifty prediction,
#nifty analysis,
#banknifty tomorrow,
#bank nifty tomorrow analysis,
#nifty tomorrow,
#bank nifty analysis for tomorrow,
#nifty analysis for tomorrow,
#stock market crash,
#stock market latest news today,
#bank nifty live,
#live trading bank nifty,
#nifty live trading,
#live trading,
#bank nifty live trading
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 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 .