NIFTY Market CAP trend forecast until JULY 2024 Current bear market will continue until the end of February 2024.
During 2023 possible growth of NIFTY will occur starting mid of November until December in the range between 9327-9650. In December NIFTY will start falling from the area of 9650 down to 8800 (possible extreme bottom of 8653) in the beginning of January 2024. January-February 2024 is the perfect time to buy NIFTY Stocks.
End of February 2024 will mark major bullrun in NIFTY until the end of July 2024 in the range of 9327-10609.
Possible sideways-upside movement might occur between May and July 2024.
NSE-NIFTY
Bullish Pennant Breakout: ZOMATO Faces Strong ResistanceZOMATO has encountered a significant daily resistance level following a recent breakout from a bullish pennant pattern. The price action indicates a notable rejection, as the highlighted resistance level is being respected. In the 84-87 region, there has been substantial selling pressure, resulting in a significant price drop. The historical price movement suggests that the bullish sentiment may start to weaken or slow down.
Bharat Forge will continue to Rally with the Double BottomsBharat Forge has formed a bullish double bottom pattern, indicating a potential trend reversal. The recent breakout above the key level confirms the bullish sentiment. This breakout suggests that the price may experience a significant upward movement, potentially resulting in a gain of around 10-11%. It is important to monitor the price action and look for further bullish signals to confirm the continuation of the rally.
🇮🇳INDIAN BANK BREAKING ABOVE RESISTANCE AND BULL FLAGFor more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
🇮🇳 TATA BREAKS THE BULL FLAGFor more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
DAAWAT STRONG MONTHLY BREAKOUTThere is clear breakout in monthly time frame with volume. After that the stock has gone through a good consolidation for three months. Now it's time for another rally if the company posts good results this quarter. One can buy Daawat@CMP with short term targets of 133(19.50%) and 150(36.3%) and a long term target of 194.50(74%). Please let me know in the comment section about your thoughts and do follow and support this feed for more ideas. As a disclaimer before taking any positions consult your financial advisor.
INDIAN POWER SECTOR FUTURE IS HERENSE:IEX
Every thing is mentioned in the chart start buying it from current levels upto rs60 and trust me this will be best investment for life.
Is Down Trendline is going to be Break? - DRREDDYDRREDDY - Earning Results is going to be released on 28 October.. Is Strong Down Trendline is going to be Break?
If Trenline has been broken with volume then succefully then we may witness nice rally, this is my opinion.
What Do You Think?
#VTL Bullish swing tradeNSE:VTL
just broke out from "VCP pattern" with huge volume and now retraced and took support on "50ema" and also made "inside bar".....
it can be a good swing trade....
only for education purpose, do your analysis before investing.
Nifty50Looks overbrought market needs again some correction. Can't break the uptrend.
Down 70 percentage .
Up only 30 percentage.
Britannia Weekly chart crucial supportBritannia is taking support from its crucial levels.
It's respecting these levels since June 2020.
Reward to risk is 3.9:1. Very favourable.
If it breaks the support zone, we can go short. Target has been marked with a red horizontal line.
Simple and straight forward analysis.
Let me know in how to went in the comments.
Ruchi Soya to get Patanjali flameRuchi's structure looks like a big rally coming soon might make new highs . Good luck lets see how it plays...
PIL ITALICA BREAKOUTAfter a strong downtrend, and accumulation, NSE:PILITA broke out from its base and looks ready to start an uptrend.
Entering your entire position at current market price seems okay as the momentum buildup is prevalent. Good volumes and closing on breakout candle.
Stop loss placed below the swing low and targets are open. Any rejection near the pink region, exit your position.
This is a penny stock so risk and volatility is much higher. Stock can either fly or painfully retrace and then start the uptrend.
High risk, high reward trade here, allocate capital that you wouldn't mind losing ENTIRELY.
Follow strict risk management. HAPPY TRADING!
JKCEMENT breaking outNSE:JKCEMENT is breaking out of consolidation with very good volumes. Good time to add to your existing positions. For fresh longs, you may want to wait for a pullback though it may never come.
CDSL broke out of consolidationNSE:CDSL has broken out of a long consolidation with a gap up last week. If this breakout sustains then it has the potential to take the price to 1950 levels based on the height of consolidation triangle. Volumes have increased but they're not too impressive. Chances are it might retest the upper line it just broke but it momentum continues then it might keep going up from here.
Larsen & Toubro breaking out from 2+ year trendlineNSE:LT is breaking out of a trend line. It has been in good momentum and if it continues then we can see more upside in the stock. Keep an eye!
ITC is a Gem following the Technical and Fibonacci I have been tracking the ITC for some time ,Every move is exactly based on the Key Fibonacci Extension and Retracement levels of 38.2,50,61.8 ,In the last two down move it placed a support exactly at the key FIB level and started moving.
I see this move lead to 248 to 250 levels first before it makes any correction again.
MCX Crude oil LongMarket hold the price point .than market pull back to top zone
Long for Buy Indicate and Hold for you T on your mind
My opinion is Long on this price point and Your's
Nifty DownTomorrow Idea same continue .Market heated for High level Short my Level today is 17955-970
this is my opinion and your"s
IEX Intraday Trade Idea for 11th Oct IEX has given a clean breakout from flag consolidation after a swift straight-line intraday move on 8th October. This breakout could take the price around 740 zone based on the calculation of pole size from previous consolidation.
Disclaimer : This idea is for educational purpose only.
