IshanMathur05

IshanMathur05

**Silver Analysis:** Silver is anticipated to outperform in the current year. We anticipate its price to reach levels between 50 and 55. Once silver surpasses and maintains a position above 37, it presents a substantial upside potential. Conversely, the downside risk appears limited. However, if silver...

IshanMathur05

**Midcap Analysis** The midcap index is anticipated to experience significant volatility throughout the year. Should it surpass 61171, we anticipate highs of 68000-69400. Conversely, if it falls below the range of 55883-53035, key short covering levels will be established at 1.)49871, 2.)46323, and 3.)42500. These levels are indicated in the attached chart.


IshanMathur05

Nifty might remain range bound due to holidays. No big move is expected but there's a chance that it can go upto 24100-24300. On the downside 23700-23500 will work as important support zones for nifty.

IshanMathur05

Banknifty seems a bit weak right now, but I don’t think we’ll see a major drop in the next week. I’m expecting a short covering move up to 52400-700. If Banknifty doesn’t cross and sustain above 51600, it might stay flat and range-bound.

IshanMathur05

Infoedge is looking bullish for mid-term . Once it crosses and sustains above 9105 it can go upto 10500-11027 . On the downside imp support levels are between 8500-7800 and important short covering levels are 7339-6829. View remains invalidated once infoedge breaches 6800 on the downside.

IshanMathur05

Nifty is looking weak , If nifty breaches important support of 23313 then it can fall upto 23000-22775 in the upcoming week . Otherwise expect range bound momentum no confirm upside before nifty crosses and sustain above 23996.

IshanMathur05

Banknifty upcoming monthly expiry can be highly volatile on the first 2 days or either last 2 days of trading this week while having holiday on 25th. 50000 will work as an important support and if it breaches that we can expect levels upto 48200. Otherwise expect it remain flat to range bound through the week with high volatility .

IshanMathur05

Nifty is expected to remain highly volatile in the upcoming week, Execpt sharp move on either side, for upside nifty must cross and sustain above 24840 and it can face resistance at 25036 but if it crosses it , it can continue upside momentum upto 25350-426. On the downside if nifty breaches 24550 then it can retrace upto 24296.

IshanMathur05

Banknifty is looking interesting on charts . While forming W pattern on charts indication breakout it is still in cautious zone. We need to wait and watch for upside confirmation . Range for strong upside is 53923-54116 , once it crosses this range it can give strong upside upto 54984+ in the upcoming week. Otherwise expect highly volatile moves in Banknifty.

IshanMathur05

Infosys is looking positive for short term and once it crosses and sustains above 2042 it can give good upside upto level of 2218-2270. On the downside range to watch is 1878-1798 for accumulation.

IshanMathur05

In the short to medium term, LTI Mindtree exhibits promising prospects, with the potential to reach a target range of 7350-7550 once it surpasses and maintains a position above 6787. Conversely, critical short-term short covering levels are 6143 and 5991. However, the validity of this analysis will be rendered invalid if LTI Mindtree breaches 5991 on the downside.

IshanMathur05

Titan appears to be in a reasonable position, and its short-term downside risk appears limited. Potential downside levels to monitor are 3327-2355. Once Titan crosses and sustains 3618, it has the potential to rise upto 3720-3780 in short term.

IshanMathur05 Updated 

Banknifty is showing some positive signs, and if it breaks above 54,048, it could potentially reach 55,200-50,000. However, if it fails to maintain this level, it might remain in a volatile range throughout the week. Keep an eye on 54,048, as it’s a crucial breakout level for Banknifty.

IshanMathur05

Nifty is showing signs of strength, but it’s important to stay cautious while trying to chase upside. The key level to watch is 24826. If Nifty breaks above 24826 and sustains, it could potentially go up to 25300-25420. But if it doesn’t hold onto 24826, it could stay stuck in a range and be quite volatile throughout the week.

IshanMathur05 Updated 

The BankNifty index is currently exhibiting positive trends on the charts. A crucial level for the upside trajectory is 52400. If BankNifty successfully crosses and maintains its position above 52400 then expect an upward movement towards 53100 or higher. Conversely, if it fails to sustain above 52400, then expect range-bound movement.And if BankNifty breach...

IshanMathur05

Navin Fluorine is looking really good right now. If it breaks through and stays above 3657, it could go up to 4100 in the short term. But for the downside, the important support zone is between 3433 and 3361. It’s best to avoid that area and wait for either a further drop to 3272-3173 or for it to cross 3657 again.

IshanMathur05

Currently, the Nifty appears uncertain, with both buy and sell signals active. If Nifty manages to cross and sustain above 24,350, it could potentially reach 24,800-24,900. Conversely, if Nifty breaches 23,800 on the downside, it could experience a downtrend towards 23,600-500. In either scenario market is expected to remain range-bound and volatile if it fails to...

IshanMathur05 Updated 

BankNifty appears to be exhibiting bullish momentum for the upcoming week. Should it successfully surpass and maintain a position above 51500, we anticipate potential levels to reach 52500-52800. However, the current view remains invalidated if BankNifty experiences a downward breach of 50600.