Nseindia
NiftyBank trend for tomorrowToday a V- shaped recovery has been seen in Niftybank from previous day's low of 41900 today it stand near 42500approx and it moves beyond that and went upto 42700. If this upward trend sustains above 42700 for tomorrow then it will hit 43000++ and will show strong momentum. But it has reversed somewhat today which shows a clear indication of inverted head and shoulder pattern on a 15 min timeframe which says if it crosses below 42300 and sustains below that then niftybank will hit 41900 and fall below that which will ruin everyone's portfolio to some extent.
So, basically what I am trying to say is that opening and the market momentum after half day will clear our confusion. Moreover DIIs buying in cash market was more than the sellings by FIIs today.
Nifty 50 index In nifty 50 index we will see some massive short covering above 18070
After we having a bearish harmonic prz of d leg at 18177 any breakout above 18250 we will see a good momentum upmove
View intact with buy on dips
Ask your financial advisor before taking any action based on my view
Only for educational purposes
02-Jan-2023_FinNifty (CNXFINANCE)CNXFINANCE_Day Levels
Disclaimer:
Kind regards to all friends and members ,
Stock market investment is subject to 100% market risks. Our company is not a SEBI registered company. Please consult your financial advisor before investing. This is for learning and training purposes only. Market Traps administrators are not responsible for any financial gains or losses resulting from your decisions. You acknowledge that stock market investments are highly risky and that you understand the market risks involved. Hence any legal action is void.
02-Jan-2023_NIFTY & BANKNIFTYNIFTY & BANKNIFTY_Day Levels
Disclaimer:
Kind regards to all friends and members ,
Stock market investment is subject to 100% market risks. Our company is not a SEBI registered company. Please consult your financial advisor before investing. This is for learning and training purposes only. Market Traps administrators are not responsible for any financial gains or losses resulting from your decisions. You acknowledge that stock market investments are highly risky and that you understand the market risks involved. Hence any legal action is void.
Nifty last reading session of the yearFew days back we discussed important levels of nifty and what the moves nifty may give. Levels we discussed acted beautifully, also only 20 points was required to achived target.Keeping in mind since tomorrow will be the last trading session of the year traders should be extra careful. Tomorrow if 18155 level holds we could see targets of 18350 and if 18155 level is unable to hold nifty could reach around 18000-17900. Overall my view for Tomorrow will be bearish sentiment all because new years is round the corner then people tend to use more money around this time. Technicals is all bullish bdw.
30-Dec-2022_FinNifty (CNXFINANCE)CNXFINANCE_Day Levels
Disclaimer:
Kind regards to all friends and members ,
Stock market investment is subject to 100% market risks. Our company is not a SEBI registered company. Please consult your financial advisor before investing. This is for learning and training purposes only. Market Traps administrators are not responsible for any financial gains or losses resulting from your decisions. You acknowledge that stock market investments are highly risky and that you understand the market risks involved. Hence any legal action is void.
28-Dec-2022_FinNifty (CNXFINANCE)CNXFINANCE_Day Levels
Disclaimer:
Kind regards to all friends and members ,
Stock market investment is subject to 100% market risks. Our company is not a SEBI registered company. Please consult your financial advisor before investing. This is for learning and training purposes only. Market Traps administrators are not responsible for any financial gains or losses resulting from your decisions. You acknowledge that stock market investments are highly risky and that you understand the market risks involved. Hence any legal action is void.
28-Dec-2022_NIFTY & BANKNIFTYNIFTY & BANKNIFTY_Day Levels
Disclaimer:
Kind regards to all friends and members ,
Stock market investment is subject to 100% market risks. Our company is not a SEBI registered company. Please consult your financial advisor before investing. This is for learning and training purposes only. Market Traps administrators are not responsible for any financial gains or losses resulting from your decisions. You acknowledge that stock market investments are highly risky and that you understand the market risks involved. Hence any legal action is void.
27-Dec-2022_FinNifty (CNXFINANCE)CNXFINANCE_Day Levels
Disclaimer:
Kind regards to all friends and members ,
Stock market investment is subject to 100% market risks. Our company is not a SEBI registered company. Please consult your financial advisor before investing. This is for learning and training purposes only. Market Traps administrators are not responsible for any financial gains or losses resulting from your decisions. You acknowledge that stock market investments are highly risky and that you understand the market risks involved. Hence any legal action is void.