NIFTY might give a fight back and recover slightly if it stays within the Demand zone as shown in charts. Second half we might see some Selling coming in by FIIs. Trade with caution. Not a recommendation, just an observation.
Its easy Identifiable from the SP:SPX charts, that the SHORT sellers want to keep the Index below the Red trendline the moment it touched it. Investors or we better call it the BULLS, want to change this scenario quickly and want to take the S&P500 out of this trading range shown in charts. Tomorrow could be a make or break day, but always remember Investors...
Hi Traders, #BTCUSD is heading to a crucial support of 17584, if it breaks in near term chances are it would further come down to 10200 levels in near future. Looking at the Price Action I'm holding SHORTs. This is not a recommendation n my personal views. Please consult your financial advisor before taking any positions in this instrument. Regards, Anshul.
Hi Traders, BNF might face tough resistance at current lvl of around 34375. Trade very carefully on Upside from here on until 35100 lvls, BNF might fall pretty quickly from here. On Downside, there is a good support from Demand Zone between 33900 - 33750 lvls. Regards, Anshul.
Hi Traders, NIFTY looks strong, faces a resistance at 16000 levels. But looking at the momentum and if the news is positive from US and Crude oil continues to stays around 100$ then we might see a good Upmove from here. There is a Gap between 16025 - 16170 in NIFTY which might get filled up pretty soon maybe tomorrow or day after looking at the Price Action....
Hi Traders, BNF is in Bullish momentum from last couple of days 3-4 trading sessions and It might continue. On UPSIDE it might face resistance at 34150 followed by 34350 levels. Wait for each of these resistances to be broken on good volumes in BNF Futures. On DOWNSIDE 33500 is a strong Support in BNF which doesn't seem to get broken anytime soon.
Hi Traders/Investors, NSE:NIFTY is trading between a small 300 point range n break on either side would trigger sharp volatility. UPSIDE momentum looks strong in NIFTY as well as Bank NIFTY. There is a Supply Zone between 15900 to 15930, which can act as first line of resistance tomorrow if there is not a gap up. There is a gap on UPSIDE between 15900 - 16170...
FX_IDC:USDEUR Hi Fellow Traders, USDEUR at a crucial Resistance, if it breaks this resistance of 0.9669 with good volumes, it would be a good opportunity to go LONG on USDEUR. SL -> 0.9400
MCX:GOLD1! TVC:GOLD Hello Traders, I see a good swing or small term trading opportunity in Gold at current price. UPSIDE resistance is around Sell zone between 1879 - 1919 with SL below 1780 This is not a buy/sell recommendation, but my personal views. You're solely responsible of your profits n losses. Regards, Anshul.
Fibonacci Retracement shows the last resort is also broken. Watch out for 17580 on downside, if BTCUSD breakdown these levels, then it might fall badly to 10200 levels.
Hello Traders/Investors, Lets learn World Stock Markets and How it affect us in India on Daily/Weekly and even on long-term basis. Note: this topic is specifically for Traders (specially Day traders) and also Investors might find it interesting read. - US is called mother market and we're (i.e. Indian stock market) child market. - US market gives a queue on...
Hi Traders/Investors, NSE:BANKNIFTY is looking weak as this point, waiting for the news on US GDP data. NIFTY took support from the Trendline in the morning and also closed exactly at the same Upward trendline. On DOWNSIDE, There is a Buy zone which would act as support but looks weak as of now between 33165 - 33300 levels. On UPSIDE, resistance at 33870...
Hi Traders/Investors, NIFTY is looking quite neutral as this point, waiting for the news on US GDP data. NIFTY took support from the Trendline in the morning and also closed exactly at the same Upward trendline. On UPSIDE, strong resistance is from SELL ZONE between 15927 - 15927 levels, crossing which it would go for Gap filling from 15927 to all the way till...
Hi Traders/Investors, Today NSE:NIFTY1! gave a perfect closing on the Upward trendline in GREEN in chart. Depends on how US markets respond today, they're pretty indecisive as they and the whole world is waiting for US GDP data which would come tonight. Depending on it, if US Markets responds in a positive mood, then we would rally as well. NIFTY would most...
Hi Traders/Investors, If you see two major big weightage components of BANK NIFTY i.e. NSE:HDFCBANK & NSE:ICICIBANK both have immediate resistance on UPSIDE. So, I feel these stocks can fall before moving upwards and hence BANKNIFTY might fall as well. On other side, if it moves significantly on UPSIDE, then gap between 33774 to 34346 can be filled. But this...
Hi Traders/Investors, I see NIFTY on Friday 26th 2022, couldn't close above 21st June's High price of 15707 and secondly it closed below 15700. I know DOW and S&P500 both closed well in green with more than 2.6 - 3% on Upside. But when I see NIFTY chart and Open Interest in the system, there are lot more Calls in system than Puts. Also, if I see FII data they...
NSE:MANYAVAR Looks interesting, its trading in this range from last couple of days, on good days of NIFTY stock gives good momentum on Upside. Might soon breakout of the Box trading active in last couple of days on this counter.
NSE:BANKNIFTY seems to be in a range and there is lot of resistance on the UPSIDE from Sell Zone b/w 33450 - 33600 levels. If BNF manages to cross this with good volumes on BNF Futures contract then, next resistance can be seen at 33800 levels. On Downside, Upward trendline would act as good Support, if it breaks with volumes then next Downside target would be...