Happy_Candles_Investment

Happy_Candles_Investment

Possible support levels of Nifty are where it is right now 17980 below this the level will be 17877, 17817 and 17704. Below these levels only 50 EMA that is 17618 is major support.

Happy_Candles_Investment

Once Gold has retested the 50 EMA Break Out which it might be doing since last sessions. Once the resistance zone of 1829 to 1833 is crossed Gold will march towards 1849 and 1868.96. Long term target for Gold is USD 1907.87. Supports on the lower side are 1814, 1777, 1753 and finally USD 1679.98

Happy_Candles_Investment

Nifty is rising in a steep channel the momentum can sustain if important resistances are taken down. Resistances on the upper side are 18294, 18345, 18440, 18510 and finally the ATH high of NIFTY which is 18606. The supports on the lower side are 18133, 17973, 17819, 17617 and finally 17553 which is 50 EMA. Below 17553 weekly closing the bears will take control of...

Happy_Candles_Investment

Atul CMP 10338.65 looks like completing the U formation. Crossing 10971 Target for now will be a fresh Breakout. Look at the perfect U it is forming.

Happy_Candles_Investment

Sun Pharma has crossed 855. Now the nest target will be 927. It is a long term Portfolio stock and can be bought at CMP, Can be bought in SIP, Can be compounded. (For Educational purpose only).

Happy_Candles_Investment

Since December 20th 2021 Nifty is following the channel shown in the hourly chart. The support zone for Nifty is 18125, 17957, 17888 and 17580. The resistances on the above side are 18270, 18343, 18466 which is a mid channel tough resistance to conquer. Above that level the previous peak of 18606 will be the resistance. If the peak is crossed Nifty can make...

Happy_Candles_Investment

Gold is giving continuously candles green fine; But resistances at 1833, 1849 and 1869 reduce its shine. If the Resistances are crossed along with rich levels of 1900+ and 1967 Gold can dine. A great investment of all time, after breaking squeezing triangle will make the bears fall in line. And I will say. Mine oh Mine!!!

Happy_Candles_Investment

Certainly looks like V-shaped recovery is on cards. Two key resistances in the path of V-shaped recovery are 18243 and 18343. The supports levels from the current closing price of the day are 18125 and 17957. Below that range 17494 which is 50 EMA will be major support. Bears might take control of NIFTY below this range. Three IT companies and their performance...

Happy_Candles_Investment

Next Resistance 18125 and 18150. When it is crossed the Target for now is 18243. Support is near 17957 and 17911.

Happy_Candles_Investment

Nifty is entering a resistance zone of 18017 peak of today and 18125. It can take a breather after a superb run since last 8 to 10 sessions. It can correct a bit. a little bit of Profit booking can also be seen. IT stocks will be under little bit of pressure. DOW and Nasdaq have also seen selling from the peak. Phenomenal increase in COVID-19 cases in India can...

Happy_Candles_Investment

Nifty closed strongly this week after a hick up in the middle of the week. Immediate resistances are near 17841, 17944 and 18039 in the near term. The support levels in the near term will be 17593, 17418 and 17388. With so called arrival of ‘3rd Wave’ and exponentially increasing case DIIs, FIIs and Retail investors will remain on a tenterhook. It looks like...

Happy_Candles_Investment

17655 proved to be a good support for NIFTY today amidst aggressive posture by US Fed which sent traders across the globe booking profit. Global markets have tanked FIIs sold today but DII continued there buying from lower levels. Current support zone of 17661 below this level the support is near 17656 and 17593. Below these levels 17492 and 50 EMA which is at...

Happy_Candles_Investment

Gold is squeezing in the triangle and may blast on the either side. There is a chance that taking support near 1780 or just below it near 1755 it can stage a comeback. Gold will be bullish only after it has closed above 1850. Gold looks better placed then Silver.

Happy_Candles_Investment

Silver Struck in squeezing triangle but about to break it on the lower side. It has support near 200 Weeks EMA which is at USD 21.120 only. Below 200 Weeks EMA the support is near 19.268. On the higher side Silver will be bullish only after it crosses 26.019.

Happy_Candles_Investment

Aggressive posture by Fed has traders booking profit across the globe. Global markets have tanked. Current support zone of 17661 below this level the support is near 17680. Bank Nifty is trying to form a Doji and stage recovery.

Happy_Candles_Investment

Yesterday we had indicated a resistance for NIFTY at 17942 and peak of the day was 17944. Now the resistance could be near 18039 and 18111. Supports on the lower side are 17834 and 17737. Major Support of 50 EMA for NIFTy below which there could be trend reversal and Bears can fight back is near 17388.

Happy_Candles_Investment

Recommended in our special Group in August Affle has already given returns of close to 60% Split adjusted. Right now it has given a Cup and handle BO and after some consolidation can go long. Looks a pretty solid long term stock.

Happy_Candles_Investment

NIFTY gave another solid positive candle and FIIs did more than double buying compared to DIIs. Next resistances before NIFTY tries to hit 18K again are near 17889 and 17942. Supports on the down side are 17707, 17634, 17593 and 17366.