BANKNIFTY ANALYSIS FOR 20th September 2023-FOR EDUCATION PURPOSEBANKNIFTY ANALYSIS FOR 20th September 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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Niftybank
NIFTYBANK: Musch desired "IRR'A-tionalIn recent times trades faced glitches on execution, many incurred heavy losses. the new platform by the regulators, Investor Risk Reduction Access (IRRA) platform to address technical glitches and outages is a welcome move. However, this is not available to the ALGO traders. This clearly helps the novice traders as well as classical traders, to reduce this risk. It is always the case of new risks emerging and there is no reason why there will no zero risk at any point of time. While we talk on IRR, the irrationality of the markets remains. Nifty bank is in its path to ATH. The only hurdle is tomorrow being the holiday. Will that stop the bulls from piercing to the ATH. The PSU back reverts to the bullish view all over, still does not appear to be a crowded space yet. It is more like, I missed it this space. Incoming FED meet, elevated Crude prices, and rising US Yields as well as the US Dollar are some of the concerns, but they are collectively not a consideration to change the trend. The question is will it be a vertical move up for ATH or will there be a correction before the climb. This space is known for the U turns at crucial areas, despite the underlying trend being continuation. This can potentially be true this time also. However, that is an opportunity to get the bags of bulls. 45800-46500 is the new range, out of the old range just two months back. Bias to the upside, basing around 46080-45880.
Nifty Short, Medium and Long Term review - 18-Sep-23 to 22-Sep-2Nifty Short, Medium and Long Term review - 18-Sep-23 to 22-Sep-23
Nifty closed at 20192(19822) and touched low & high of 19854 and 20219.
Nifty long call was given two weeks before. As expected nifty moved up above 20000 & 20150.
RSI and Stochastic level rised from 72 to 76 % & 93 to 96% respectively.
Stochastic currently in overbought zone for last two weeks. RSI- There is chance for one more move up.
Nifty- Short Term ( Neutral)
If market move above 20200
Resistance at 20450 ( Fib 1.618 Resistance Shown) and also crucial resistance around 20500 (Shown in Red Vertical Line- That is difference from Pre Covid High to Covid Bottom correlated from the pre Covid high).
Support - 19800 ( Trend line Support shown in Blue Color Wave Line)
Profit Booking can be started on Stocks and Mutual Funds where held more than 1 year and which is up. 10-30% can be booked.
Nifty Medium Term & long Term -
As market in overbought zone there will be a correction.
If market decisively break above 20500 then 20800 ,21000 & 21150 are the target for long term.
Further to review the Q2 results. To review once Nifty reaches target.
Resistance at 18800
Stocks to pick (Buy on Dip) for Long Term by on Staggered way :
Disclaimer: For analysis purpose only. Many stocks raised considerably in last three weeks.
Buy on dip SBI & ICICI Bank , Axis Bank given on 13-Aug-23, all three stocks are up, especially ICICI and Axis Bank increased well.
CIE Automotive (RS 507) call was given at 473, buy on dip for Medium term outlook .
Other buy Calls provided on 25-Jun-23 ( Whatever > 10% up can be sold ) :
HDFC Bank , L&T Tech ( 23% up), KPIT (13% Up ), PI Ind , Dr Reddys ( 16% Up), Ujjvan Small Fin (25 %), Route Mobile, Bank of Maharashtra ( 62 %), Andhra Paper(50%) Accelya Solutions (15% up)
BANKNIFTY ANALYSIS FOR 18th September 2023-FOR EDUCATION PURPOSEBANKNIFTY ANALYSIS FOR 18th September 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
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BANKNIFTY ANALYSIS FOR 14th September 2023-FOR EDUCATION PURPOSEBANKNIFTY ANALYSIS FOR 14th September 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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NIFTYBANK - Bull and Co-(s)truck? -Kotak warning, nothing new. Similar warnings were given in previous trends also. Markets have limited moves or lame moves. There are not many small and mid-cap in banking space that can impact this sector in direct proportional measure. No indirect impact is seen at this point of time. Save PSU banks, as part of PSU Index that attracted profit taking. A healthy one indeed. Inflation recedes, worries remain. No real clues this morning, save yesterday yo yo session, optically nothing happened, but if one were to drill down a lot unfolded. Similar bearish meeting candle here too. Despite this the structure is much more stable. With expiry today, the mood is some consolidation at lower or no level moves. WPI later today, MoM of CPI is negative, to take home some comfort. US CPI later in the day. Oil rises, but markets chose to ignore at this point of time as the political premium in price is playing the moves. Technically looks set for 100 plus, if this assumption is true, then needs a calibrated approach to the investment or trading style. This morning Tankan Index falls on rise in input costs. Japan PPI flat YoY, but MoM increases. JPY moves can provide constructive clues to broader market direction globally. WPI data comes tomorrow for us, by then the US CPI would dominate the proceedings. Always to note, it is not the data that moves, but reaction of the markets to the data that is of importance. On a simple observation yesterday low of 45300 and first half hour high of45600 should do the trick but one can push that to 45100-45800 or 45100-45600 range.
BANKNIFTY ANALYSIS FOR 13th September 2023-FOR EDUCATION PURPOSEBANKNIFTY ANALYSIS FOR 13th September 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
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BANKNIFTY ANALYSIS FOR 12th September 2023-FOR EDUCATION PURPOSEBANKNIFTY ANALYSIS FOR 12th September 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
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Nifty Short, medium and Long Term review - 11-Sep-23 to 15-Sep-2Nifty Short, medium and Long Term review - 11-Sep-23 to 15-Sep-23
Nifty closed at 19822(19435) and touched low & high of 19437 and 19864.
Nifty long call was given last week. As expected nifty moved up above 19500 & 19600 and closed at 19822.
RSI and Stochastic level rised from 51 to 72 % & 58 to 93% respectively.
Nifty- Short Term will try to move up near to 20000 and will try to break and move above.
Resistance at 19900 & 20000 ( Both are previous up).
Support - 19500 & 19600 ( Fib Support)
Nifty Medium Term -
If market decisively break above 20000, 20150-20200 is the target ( Trend Line)
Resistance to 19704 ( Fib Resitance).
Long term-
20450 there is fibonacci strong resitance.
However threshold limit in net profit of companies and potential to grow is questionable.
Further to review the Q2 results. To review once Nifty reaches target of 20150-20200.
Stock specific approach needed in the upcoming market.
Stocks to pick ( Buy on Dip) for Long Term by on Staggered way call was given four weeks back, on an average raised 3-5 % in Three week( Can accumulate on dip ):
Disclaimer: For analysis purpose only. Many stocks raised considerably in last three weeks.
Buy on dip SBI & ICICI Bank , Axis Bank given on 13-Aug-23, all three stocks marginally increased, buy on DIP in the coming week as well.
CIE Automotive (RS 520) call was given three weeks before at 473, buy on dip for Medium term outlook .
Other buy Calls provided on 25-Jun-23 :
HDFC Bank , L&T Tech ( 17% up), KPIT (13% Up ), PI Ind , Dr Reddys ( 10% Up), Ujjvan Small Fin (25 %), Route Mobile, Bank of Maharashtra ( 40 %), Andhra Paper(8%) Accelya Solutions (20% up)
BANKNIFTY ANALYSIS FOR 11th September 2023-FOR EDUCATION PURPOSEBANKNIFTY ANALYSIS FOR 11th September 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
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#niftypredictionfortomorrow
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BANKNIFTY ANALYSIS FOR 8th September 2023-FOR EDUCATION PURPOSEBANKNIFTY ANALYSIS FOR 8th September 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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BANKNIFTY ANALYSIS FOR 6th SEPTEMBER 2023-FOR EDUCATION PURPOSE BANKNIFTY ANALYSIS FOR 6th SEPTEMBER 2023-FOR EDUCATION PURPOSE ONLY
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
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BANKNIFTY ANALYSIS FOR 5th SEPTEMBER 2023-FOR EDUCATION PURPOSE BANKNIFTY ANALYSIS FOR 5th SEPTEMBER 2023-FOR EDUCATION PURPOSE ONLY
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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#finnifty
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#bse#bseindia
#bsesensex
#nsenifty
#nsebse
#nseindia
#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
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Nifty Short, medium and Long Term review- 04-Sep-23 to 08-Sep-23Nifty Short, medium and Long Term review - 04-Sep-23 to 08-Sep-23
Nifty closed at 19435(19265) and touched low & high of 19225 and 19457.
Nifty traded slightly above the inclined trend line resistance (19337 to 19250) for four days but couldnt cross decisively and closed at 19435.
RSI and Stochastic level rised to 51 % & 58%. after Oversold zone a sign of recovery.
As mentioned from last week Nifty moved up after taking strong support at 19225-19250.
Nifty- Short Term will try to move up
Resistance at 19516 & 19607 Fib resistance, 19648 ( 09th Aug High)
Support - 19166 ( Fib 0.382 level), 19245-19276 ( Inclined Trend) ,19223 ( Recent Low)
Nifty Medium Term -
After a dip as mentioned above Nifty need to cross decisively above the zone 19648 Fib Resistance to 19704 ( Fib Resitance) to regain 19900-20000.
Nifty strong support at 19070 (Shown in thick red Trend line support) / 19000 /19890
Long term-
Q1 results are average for majority of stocks except Banks stocks which performed well & further to review the Q2 results. To review once Nifty reaches target of 20000 ( Prev high) & 20150
Stock specific approach needed in the upcoming market.
Stocks to pick ( Buy on Dip) for Long Term by on Staggered way call was given four weeks back, on an average raised 3-5 % in Three week( Can accumulate on dip ):
Disclaimer: For analysis purpose only. Many stocks raised considerably in last three weeks.
Buy on dip SBI & ICICI Bank , Axis Bank given on 13-Aug-23, all three stocks marginally increased, buy on DIP in the coming week as well.
CIE Automotive (RS 520) call was given three weeks before at 473, buy on dip for Medium term outlook .
Other buy Calls provided on 25-Jun-23 :
HDFC Bank , L&T Tech ( 17% up), KPIT (13% Up ), PI Ind , Dr Reddys ( 10% Up), Ujjvan Small Fin (25 %), Route Mobile, Bank of Maharashtra ( 40 %), Andhra Paper(8%) Accelya Solutions (20% up)
BANKNIFTY ANALYSIS FOR 4th SEPTEMBER 2023-FOR EDUCATION PURPOSE BANKNIFTY ANALYSIS FOR 4th SEPTEMBER 2023-FOR EDUCATION PURPOSE ONLY
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
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#sensex
#sensexindia
#sensextoday
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#bankniftyoptions
#finnifty
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#bse#bseindia
#bsesensex
#nsenifty
#nsebse
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#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
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BANKNIFTY ANALYSIS FOR 31ST AUGUST2023-FOR EDUCATION PURPOSEBANKNIFTY ANALYSIS FOR 31ST AUGUST2023-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
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#bse#bseindia
#bsesensex
#nsenifty
#nsebse
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#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
#nfityoutlookfornextweek
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BANKNIFTY ANALYSIS FOR 30TH AUGUST2023-FOR EDUCATION PURPOSEBANKNIFTY ANALYSIS FOR 30TH AUGUST2023-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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#NiftyCE
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#sensex
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#bse#bseindia
#bsesensex
#nsenifty
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#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
#nfityoutlookfornextweek
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BANKNIFTY ANALYSIS FOR 29TH AUGUST 2023 FOR EDCUATIONAL PURPOSEBANKNIFTY ANALYSIS FOR 29TH AUGUST 2023 FOR EDCUATIONAL 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
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#niftytoday
#NiftyCE
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#sensex
#sensexindia
#sensextoday
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#bse#bseindia
#bsesensex
#nsenifty
#nsebse
#nseindia
#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
#nfityoutlookfornextweek
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Market Bullish AS Per DataAs Per Current Date and Data Market Show Bullish Because Already We Discuss about 44300 is market break then Market Can Go Up and and thats happend Today Market break and sustance and we saw a bullish movement in Market
For Tommorw We Need Market Trade Above 44545 then we can consider a buying side entry upto 44700 then 44800 in downside market have many resitance 44000/44200 if market again break 44200 then more fall possible if market trade between 44400 to 44300 then don't trade because to mucn Open interest in This Two Levels.
Nifty Short, medium and Long Term review- 28-Aug-23 to 02-Sep-23Nifty Short, medium and Long Term review - 28-Aug-23 to 02-Sep-23
Nifty closed at 19265 (19310) and touched low & high of 19230 and 19578.
Nifty couldnt cross the inclined trend line resistance as provided last week (19550) decisively and closed near the support provided last week( 19300 Aug low)
RSI and Stochastic level at 42 % & 16%. Stochastic in over sold zone.
As mentioned from last week Nifty will try to move up after taking strong support
Nifty- Short Term will take the support and try to move up and cross resistance.
Resistance at 19477 Fib resistance/ 19386 ( MA 50)
Support - 19166 ( Fib 0.382 level),
market might tend to move sideways on this level for a week.
Nifty Medium Term -
After a dip as mentioned above Nifty need to cross decisively above the trend line support 19477-19386 in the coming weeks to regain 19700 and above.
Nifty strong support at 19070 (Shown in thick red Trend line support) / 19000 /19890
Long term-
Q1 results are average for majority of stocks except Banks stocks which performed well & further to review the Q2 results. To review once Nifty reaches target of 19890,20000 ( Prev high) & 20150
Stock specific approach needed in the upcoming market.
Stocks to pick ( Buy on Dip) for Long Term by on Staggered way call was given four weeks back, on an average raised 3-5 % in Three week( Can accumulate on dip ):
Disclaimer: For analysis purpose only. Many stocks raised considerably in last three weeks.
Buy on dip SBI ( 571) & ICICI Bank ( 948), Axis Bank ( 942) on 13-Aug-23, buy on DIP in the coming week as well.
CIE Automotive (RS 482 ) call was given two weeks before at 473 and raised 8% an dipped.Can buy on further dip with Medium term outlook .
Other buy Calls provided a month before: Buy on Dip
HDFC Bank , L&T Tech ( 6% up), KPIT (8% Up ), PI Ind , Dr Reddys ( 12% Up), Ujjvan Small Fin (21 %), Route Mobile, Bank of Maharashtra ( 35 %), Andhra Paper(3%) Accelya Solutions (4% up)
BANKNIFTY ANALYSIS FOR 28TH AUGUST2023-FOR EDUCATION PURPOSEBANKNIFTY ANALYSIS FOR 28TH AUGUST2023-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
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BANKNIFTY ANALYSIS FOR 25TH AUGUST2023-FOR EDUCATION PURPOSEBANKNIFTY ANALYSIS FOR 25TH AUGUST2023-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
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#bankniftyoptions
#finnifty
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#niftystrategies
#bse#bseindia
#bsesensex
#nsenifty
#nsebse
#nseindia
#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
#nfityoutlookfornextweek
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BANKNIFTY ANALYSIS FOR THURSDAY 24TH AUGUST 2023-FOR EDUCATION PBANKNIFTY ANALYSIS FOR THURSDAY 24TH AUGUST 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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