Due to the formation of triple top prices are expected to go down. Major support zones or Take Profit areas: 400 (best TP: above 401 ) 353(TP: above 356)(0.5 fib retracement) 332 (Historical supp/resist zone) The price is expected to fall to around 353 and could possibly fall to 332.
I am Bullish in SBI at 465 , stop loss 462 , Target 472. Seeing some trends i think there will be a bull move. Note- Not a trading or investment advise. Always consult your broker or financial expert before trading or investment decisions.
Reliance and HDFC twins did quite well today, helping Nifty end the day +450 points. Banks were strong too. IT continues to be sluggish, but let's see what's in store. What's your view?
IT stocks sold off and dragged Nifty below 16k yet again. In fact, all sectors were very negative except FMCG which was saved by ITC. What's your view?
Reliance and Infy put some bearish pressure on the indices in the second half. 16,400 has been rejected, SGX is trading negative and futures are in backwardation, too. What's your view?
Bulls finally breathed a sigh of relief as the market opened gap up and continued the day with bullish momentum. One warm day does not make it summer, so I feel it's important to remain cautious and not get too excited. What's your view?
Trading near important support. Breaking below 444 will trigger some selling that can drag sbi till 400. 400 level is good support to go long. On the flip side if managed to close above 450 will take it up to 500.
The market fell yet again, this time ahead of SBI results. PSU banks, fittingly, underperformed. LT and TaMo announced their earnings today as well.
The markets are still in limbo, repeating March's price action. What's your view?
Metals dragged, but private banks helped Nifty stay afloat. Do you feel 16,200 will hold?
Can any one say what next sbi showing double bottom in weekly chart
Market hold Resistance ...This time to sell Nifty .OI support the Down trend .. this is my opinion and yours comments below ... Thank you ...
RIL and IT stocks were under pressure today, dragging Nifty below 17k. Banks performed a little better despite pressure from PSU banks. Bajaj Finance (BAJFINANCE) has its results tomorrow, so let's see if it shows some wild moves! What are your views?
Market near support ..This time to buy point ..this is my idea and yours comment below .....thank you
Market take support ..today rally 100 to 200 points ..this time to buy that level ..and profit zone high level .. this my idea and yours comment below .. this is not any advice ...this is only study purpose
NSE:SBIN Trade Setup for 18-04-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or...
The indices extended their loss today with Nifty falling to 17800. The main culprits were the HDFC twins. Do you feel we're back to the bearish-bias market or could this just be a retest of the levels we saw around the HDFC merger news?
Nifty saw a recovery, but failed to hold above 17,300. Market-wide sentiment appeared a little weak. What's your view?