Skip to main content

Posts

Showing posts with the label nifty

Nifty, Bank Nifty Analysis On 9th December, Support Resistance Levels - News009

 Visakhapatnam -  As said in earlier posts, 5th December high and low will be very important for direction for both nifty and bank nifty. Nifty has closed below low 18590 but again we got buying yesterday. 16654 at least should be gone by closing for upside for 18730 and more.  Bank nifty closed above 5th high and now trading around 43700. I will be bearish only closing below 5th low in both nifty and bank nifty.  If 18730 was not taken on closing basis, We can expect trend to be bearish to range bound till 16th December. Global is bullish yesterday and so we can expect bullish for nifty but daily trend is still bearish for nifty. Nifty Timing today - 9:45, 1:05 Take 5 min candle buy above 5 min closing and sell below.    Disclaimer - Only for education purpose ,contact your advisor. Any Query - Contact Prakash - 8050797018

Nifty, Bank Nifty 8th December Analysis, Support Resistance Levels - News009

 Visakhapatnam -  Nifty as said in earlier post 5th december is important date as per mathmatics and astrology. 18730, 18590 are that day high and low, Intraday 15min close and daily close for positional can give futhur direction with breakout.  Yesterday it closed below price and told in telegram to short nifty and banknifty. currently banknifty is holding nifty from last few weeks and this week as well.  Today even after great bjp victory in gujarat markets are not sustained in upside till now. So any 15min close below day low can trigger furthur downside till 18350-400 levels.  I will now be bullish till daily closing above 18730. atleast it should close above 18670.  Important time today - 10:55, 2:15 trade on 5 min candle high and low. Disclaimer - Only for education purpose, Consult your advisor before investment. Any Quiery - Contact Prakash - 8050797018

Nifty, Bank Nifty December 5-9 Analysis, levels, Support And Resistance - News009

 Visakhapatnam, Andhra Pradesh -  Nifty is having important date on 5th december which is having high 18728 and low 18590, Trading basing on this levels, Intraday traders buy above 18728 on 15min candle close and positional on daily close. same way downside sell below 18590 intraday and positional.  Same way for banknifty take 5th december high and low and after breakout trade on intraday and positional. Today there is 35 bps rate hike by RBI in india so there can be breakout today or tomorrow and movement can be 300-500 points after breakout.  yesterday posted in my telegram channel - ' Stock market trading training ' that selling pressure come and we got more than 100 points sell side. also posted same this article in youtube - News009telugu . Key Events This Week -  7th - India - RBI Interest Rate. 8th - USA - Jobless claims. Disclaimer - Any views are only for education purpose. Contact your advisor before any trade. Any Quiery - Contact Prakash, PH - 8050797018