nmcapital44

nmcapital44 Updated 

MCX Crude make a lower high formation on 15 min chart Trading below 6777 will trigger selling. On the flip side consolidation near this support then breaking 6830 can trigger buying for 6870

nmcapital44

Nifty daily chart analysis After 4 days of falling on 8 Feb nifty made a bullish pin candle pattern on daily chart One day closing above the candle will trigger short covering and that will take nifty till 17600 level. On the flip side 17000 is strong support.

nmcapital44

The daily chart of bandhan bank is trading near breakout zone. Breaking above 330 will make it more bullish

nmcapital44

Banknifty is trading near important support zone so we can expect a bounce back. All the important levels are mentioned in the chat itself.

nmcapital44

Nickel price action chart. It is trading near intraday support zone. From current level bounce back is expected. Risk traders can bet Stop loss will be 1750

nmcapital44

Copper is managed to bounce from 750 level and in last trading session give strong recover from bottom. On daily time frame made a bullish pin candle near resistance zone. Breaking above 760 will trigger strong buying and target will be 770 to 775.

nmcapital44

Gold is trading near support zone from last 4 trading sessions. Breaking any side out of this range will trigger fast movement. 48000 level is breakout level for this range. One day closing above 48000 will trigger buying, Buy above 48150 Sl 47950 Target 1 - 48300, 48750 On the flip side 47500 is strong support and closing below this will trigger strong sell...

nmcapital44

Gold is range bound in a wider range Breakout level is 1850 And breakdown level is 1777 You can capture 4 to 5 % move after breaking this range.

nmcapital44

Banknifty expiry level Buy above 39400 Target 39550, 39660 Sl 39300 Sell banknifty below 39280 Target 39100, 39040 Sl 39350

nmcapital44

The stock is in consolidation from last 10 months. Needed two consecutive closing above 1000 Target 1100. Intraday up move above 960 Target 980. Sl 950

nmcapital44 Updated 

On daily time frame banknifty made a bullish engulfing type pattern. From bottom recovered 1300 points and close near 2 days high. For short term trend is bullish and we can see 38900 level near future. On the flip side closing below 36300 will activate level of 35300.

nmcapital44 Updated 

Nifty is heading towards 17600 level that can achieve near future. 2 day closing above 17600 will open up door for 18300. On the flip side 16800 will act as a strong support Further down side is possible only below 16800 and that fall can go up to 16400.

nmcapital44

Buy and hold hdfc bank above 1530. Target is 1570. Breaking above 1575 will give H&S pattern breakout will take it up to previous all time high.

nmcapital44

Nifty is in consolidation between 17200 to 17400. Breaking this range will decide further direction.

nmcapital44

Buy above 512 Target 520, 535 Sl 500 The stock is making higher low pattern and showing strength.

nmcapital44

Buy and hold above 3555 Target 3650, 3720 Sl 3500 Positional setup.

nmcapital44

Banknifty is trading near golden ratio of Fibonacci retracement. Breaking above 38880 will activate the level and positionally banknifty will be head towards 40000. On the flip side 38000 is support area and closing below the level will take banknifty to 37600, 37000 Due to budget volatility will be high so trade with minimum quantity.

nmcapital44

After strong recovery Yesterday banknifty heading towards 38800. Small resistance at 38500.