Banknifty is looking neutral I'm not very bearish neither expecting big bearish move. I feel Buy on dips will work this week . Banknifty can go upto 52700 in the upcoming week. View remains invalidated once banknifty breaches 49600 on the downside. Levels are marked in chart posted.
Dow Jones looks bullish for the upcoming quarter and it can go upto 45111+ by 1st January 2025. Buy on dips setup will remain intact until Dow Jones breaches 39500 on the downside.
Nifty looks oversold and it can give strong short covering upto levels of 25700-800+ . Global tensions are the only concern which can drag nifty further towards 24800-700 , but if we don't get any major negative global news then for sure nifty will give strong short covering . NiftyIT will play major role in short covering!!!
Banknifty looks over sold and we can expect short covering in the upcoming week, only problem is global tensions, if we don't see any major escalation in global tensions then we can expect short covering upto levels of 53000. Buy on dips setup will remain intact until banknifty breaches 50300-200 on the downside.
Banknifty looks bullish for the month of October and we can expect a small dip of 1500-2000 points but that should be considered buy on dips setup and it can go upto 56000-56200. Check posted chart for better idea of target and dips levels.
Nifty can go upto 27200 completing the bullish move for the short term in the month of October. After hitting resistance drawn on chart posted we can expect profit booking. I'm expecting 27000 levels in first half of October series. Levels are drawn on chart posted.
Nifty 50 looks indecisive and it can remain in small range in the upcoming week. Im expecting highs of 26420 and then profit booking upto 26100. we need to watch if nifty starts retracement from Monday onwards then we can see short covering at levels of 26000-26100 and if it goes to 26400 straightaway then we can expect profit booking upto 26100.
Banknifty looks Indecisive this week.We can expect small retracement in the upcoming week upto levels of 52800. But if it crosses 54300 on the upside then bearish view will negated and we can expect good momentum upto 55000+. Overall any retracement will be a buying opportunity.
Nifty50 looks bullish and I expect momentum to continue further upto 26300 , Strong momentum is expected once it crosses 26060. View remains null and void if nifty breaches 25450 on the downside decisively which if happens will update. Before that any dip should be considered as buying opportunity.
reliance industries is looking bullish and it can go upto 3200 levels in short term , crucial levels for the upside are 3020 and 3070 once we see it crosses these levels there is unprecedented upside on the charts , view remains null and void if reliance industries breaches 2860 on the downside till then it is buy on dips.
HDFC Bank looks very promising for good upside , once it crosses 1760 and sustains we can expect it to go upto 1840-1870+. Levels are marked in chart posted.
Banknifty trend looks intact , Strong momentum is expected once it crosses 52700 and sustains above it by closing basis (daily candle ),it can go upto 55200+ in the upcoming week. If bank nifty remains flat then Buy on dips will work till 52700.
Gold futures looks bullish and we can expect levels upto 82300 once it crosses 76100 in near term ( By 30th November ).levels are marked in chart posted. Before we witness breakout of 76100 view is cautious and one should remain bullish with buy on dips strategy .
Nifty looks bullish but at the same time it is looking indecisive therefore we can expect volatile moves in the upcoming week with bullish bias. we can achieve 25750 in the upcoming week once nifty crosses and closes above 25550 . Levels are mentioned in chart posted.
Banknifty looks bullish and in the upcoming week we can see levels upto 54000 in the first half of the week and after that we can expect weekly closing at 53000 levels. Monday and Tuesday will be very important for bulls . Levels are marked in shared chart.