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Showing posts from June, 2024

1st July 2024 Nifty & Bank Nifty "Expect Down, then It will try New High"

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty started the day flat but saw a decline as trading progressed, ending with an expiry of 176 points, or 0.14%, at 24,010.60. The index formed a small red candle, ending a four-day winning streak. Despite this, sentiment remains positive as the index closed well above the important moving average. Resistance is noted between 24,000 and 24,500, while support is seen at levels ranging from 23,870 to 23,700. BANK NIFTY Prediction BankNifty index had been rising steadily without a break until last week when it finally saw a significant drop. If more selling continues, the index might keep going down; otherwise, it might stay in the same place for a while. To maintain its upward trajectory towards the 52700-53000 levels, the index needs to hold decisively above 53,000. However, as it is currently in overbought territory, failing to stay above 53,000 could re...

28th June 2024 Nifty & Bank Nifty "Expect New High With Volatile"

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty started the day flat but gained momentum as trading progressed, ending with a rise of 176 points. Over the past four sessions, Nifty has shown a sharp upward trend, surging approximately 700 points. The IT Index played a significant role today in pushing Nifty above the 24,000 mark. Resistance is noted between 24,050 and 24,400, while support is seen at levels ranging from 24,000 to 23,800. BANK NIFTY Prediction BankNifty index showed volatile movements, fluctuating within a wide range, with support at 52,700 and resistance at 53,100. To maintain its upward trajectory towards the 53,400/53,700 levels, the index needs to hold decisively above 53,000. However, as it is currently in overbought territory, failing to stay above 53,000 could result in a decline to the 52,500/52,000 levels. Breakout Stock for Trading (Future, Option & Swing ...

27th June 2024 | If No Volatile | Expect Fall in Nifty Tomorrow

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty started the day with little movement but gained momentum as the day went on, closing with an increase of approximately 147 points. After breaking out of its consolidation range, Nifty has continued to attract buying interest. We anticipate that Nifty is likely to aim for the 24,150 level in the short term. Any declines towards the support zone of 23,700 – 23,500 should be seen as a buying opportunity. The resistance level is between 24,000 and 24,500. BANK NIFTY Prediction BankNifty index maintained its strong momentum, nearly reaching the 53,000 mark, where new call writing activity is evident. The overall sentiment remains bullish, suggesting a buy-on-dip strategy, with immediate strong support found in the 52,900-52,400 range. The index has seen significant put writing at lower levels, indicating robust support. Resistance is noted between 53,000-...

26th June 2024 | New High with Premium Volatile

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty experienced a significant upward movement, closing 183 points higher for the day. The index opened positively, with its upward momentum intensifying in the afternoon and continuing into the later part of the day. Nifty reached new highs of 23,754 and closed near these levels. Resistance is now seen at 24,000-24,500, while support lies between 23,500-23,000. BANK NIFTY Prediction Bank Nifty index surpassed the 52,000 mark, which had the highest open interest on the call side. The index is maintaining a strong uptrend, characterized by higher highs and higher lows on the daily chart. Current support levels are at 52,000-51,000, while resistance is observed at 53,000-54,000. Breakout Stock for Trading (Future, Option & Swing Trading) with Last Day Breakout Sr. Stock Name Symbol Links % Chg Price Volume 1...

25th June 2024 | Nifty & Bank Nifty trap or new high volatile week

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty opened with a gap down but managed to recover throughout the day, closing 37 points higher. Over the past ten trading sessions, Nifty has largely oscillated between 23,200 and 23,700. Dips towards the lower end of this range present a buying opportunity, with a trailing stop-loss set at 23,200. Resistance is found at 23,700-24,000, while support lies between 23,350 and 23,000. BANK NIFTY Prediction BankNifty index maintained its strength, rebounding sharply after testing the support zone between 51,000 and 50,500. Immediate resistance is positioned between 52,000 and 53,000, with the highest open interest on the call side. If the index exceeds this level, it is expected to move further up towards the 52,400-52,800 range. Breakout Stock for Trading (Future, Option & Swing Trading) with Last Day Breakout Sr. Stock Name S...

24th June 2024 | Nifty & Bank Nifty is expect down side

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty has been fluctuating between 23,300 and 23,600, showing market indecision and suggesting a highly volatile monthly expiry. A clear breakout above 23,600 could push the index towards 24,000 in the near term, while failing to stay above 23,300 might cause market panic. If Nifty drops below 23,300, it may decline to 22,750 in the short term. Resistance is identified at 24,000-25,000, and support is noted at 23,400-23,000. BANK NIFTY Prediction BankNifty index experienced a volatile trading session but ultimately closed flat, reflecting the clear struggle between buyers and sellers. Immediate resistance is found at the 52,000-52,500 range, which the index must exceed to maintain its upward trend. On the downside, support is positioned at 51,000-50,500, with dips towards this level considered ideal buying opportunities. Breakout Stock for Trad...

21st June 2024 | Nifty & Bank Nifty is in Same Line for Fall ?

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction After displaying minor weakness following Wednesday’s new highs, the Nifty rebounded on Thursday with range-bound action, closing the day up by 51 points. Opening on a positive note, the Nifty experienced minor fluctuations shortly after. It then gradually gained momentum within a narrow range. The near-term uptrend with range-bound movement persisted, and we anticipate this pattern to continue in the upcoming sessions. Resistance levels are expected between 23,600-24,000, with support at 23,500-23,300. BANK NIFTY Prediction Bank Nifty is presently in an upward trend. If you have long positions, it is advisable to maintain them with a daily closing stop loss at 50,640. The resistance level on the upside is between 51,900-52,500, while the support level on the downside is between 51,000-50,500. Breakout Stock for Trading (Future, Option & Sw...

20th June 2024 | Nifty is blaming, Bank Nifty Done the Tgt

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction NIFTY (23,516) NIFTY is currently in Positive trend. If you are holding long positions then continue to hold with daily closing stoploss of 23223. Fresh short position can be initiated if NIFTY closes below 23223 levels. NIFTY Support 23,398 - 23,280 - 23,147 NIFTY Resistance 23,649 - 23,782 - 23,900 BANK NIFTY Prediction BANKNIFTY (51,398) Banknifty is currently in Positive trend. If you are holding long positions then continue to hold with daily closing stoploss of 50233. Fresh short position can be initiated if Banknifty closes below 50233 levels. BANKNIFTY Support 50,574 - 49,750 - 49,059 BANKNIFTY Resistance 52,089 - 52,781 - 53,605 Breakout Stock for Trading (Future, Option & Swing Trading) with Last Day Breakout Sr. Stock Name Symbol Links % Chg Price Volume 1 Chambal Fertilizers & Chemical...

19th June 2024 | Nifty is Near Breakout, Bank Nifty Shows Power

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty 50 formed a small negative candle at the highs on the daily chart with minor lower shadow. Nifty 50 saw a gradual upside momentum with range bound action on June 18 and closed the day higher by 92 points. “Following a strong start, the Nifty remained within a range as the index formed another day of muted movement on the daily chart. For the last few days, Nifty has been moving sideways on an intraday basis, but eventually, it has moved up above 23,500. The trend looks positive from here, with support placed at 23,300," A fall below 23,300 might induce selling pressure, while on the higher end, the index might move towards 23,800. BANK NIFTY Prediction Bank Nifty index rallied 439 points, or 0.88%, to close at 50,441 on Tuesday, forming a bullish candlestick pattern with a lower shadow on the daily charts. “The Bank Nifty index finally broke out...

18th June 2024 | Increasing probability of a breakout in the upcoming Week

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty continued its consolidation streak for the fifth consecutive day, closing approximately 67 points higher. Analysis of the daily charts shows that the Nifty has been consolidating within a wide range of 23,200 to 23,500. Extended consolidation around this range suggests an increasing probability of a breakout in the upcoming week. With five days already passed, market analysts anticipate a potential shift towards a trending movement. Resistance is anticipated between 23,500 to 24,000, while support is expected between 23,400 to 23,000. BANK NIFTY Prediction BankNifty remained in a consolidation phase and struggled to surpass the 50,000 mark. To signal a bullish breakout towards the 51,000-51,500 range, the index must convincingly breach the 50,200 level. Support at the lower end is identified around 49,500 to 49,000, and a breach below this range coul...

14th June 2024 | Nifty waiting for Breakout Expect Volatile

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction On the day of monthly expiry, the Nifty faced ups and downs before finally ending unchanged. Currently, there seems to be a somewhat negative sentiment prevailing. Positioned at the lower end, there is crucial support at 21900; if the index holds above this level, there is a chance of seeing a recovery. However, dropping below 21900 could potentially push the index towards 21850. BANK NIFTY Prediction The bulls in BankNifty demonstrated their power by protecting the important support level of 46100, leading to a close above it. This indicates strong bullish activity at lower levels. However, the index is currently facing notable resistance at 50,000, and breaking decisively above this level is expected to prompt more short-covering, potentially driving the index towards the 48000 level. To confirm that the index has formed a bottom, there needs to be consi...

13th June 2024 | Nifty waiting for Breakout

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty experienced another day of consolidation. Despite opening with gains, profit booking at higher levels emerged as the day went on, yet it still closed in positive territory, rising by approximately 58 points. Over the past three trading sessions, Nifty has largely fluctuated between 23,450 and 23,200. It faces resistance between 23,400 and 23,600, while support lies between 23,000 and 22,800. BANK NIFTY Prediction Bank Nifty attempted to break above 50,300 but lost momentum, although it still closed in positive territory with an increase of around 190 points. The resistance is between 50,000 and 50,600, while support is found between 49,900 and 49,700. Breakout Stock for Trading (Future, Option & Swing Trading) with Last Day Breakout Sr. Stock Name Symbol Links % Chg Price Volume 1 Lic Housing Finance Li...

12th June 2024 | Nifty is in Volatile & 2 days sustain between small Support & Resistance

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty experienced volatile movement around the 23,400 level, ending the day with a slight positive note. Initially opening with a positive bias, the market climbed during the first half of the session. However, Nifty gave up its gains and ultimately closed lower. It is currently positioned at the resistance range of 23,400-23,800, with support found between 23,000 and 22,800. BANK NIFTY Prediction BankNifty Index had a sideways trading session, failing to break past the 50,000 mark. If the index manages to surpass 50,000, a significant short-covering rally towards the 50,000-50,500 range is anticipated. The overall sentiment remains bullish, suggesting traders should adopt a buy-on-dip strategy, with support at the 49,000-48,500 levels. Breakout Stock for Trading (Future, Option & Swing Trading) with Last Day Breakout Sr. Stock Na...

11th June 2024 | Nifty is in Volatile

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty opened with a gap up but consolidated throughout the day, ultimately closing in the red, down by approximately 50 points. On the daily charts, it reached a new all-time high of 23,412. After a rally of around 2,100 points since last week, we may see some consolidation in the near term. The Nifty is expected to drift towards the 23,000 – 22,600 range in the next few trading sessions. If it fails to sustain, it could fall to 22,930. On the upside, the immediate resistance zone is between 23,500 and 24,000, while the support zone lies between 23,000 and 22,600. BANK NIFTY Prediction Bank Nifty continued its pullback but encountered resistance around the 50,250 level. The sharp rally appears to be losing momentum and is now set for consolidation in the near term. Key support lies between 49,500 and 49,000, with an immediate hurdle in the 50,500 – 51,000 ...

10th June 2024 | Nifty expect New High

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty went up a lot after staying flat in the last trading session. The short-term outlook seems really good because the index ended close to its highest-ever point. It’s a good idea to buy when the market drops, as long as it stays above 23,000. If it goes higher, it might reach somewhere between 23,500 to 23,600. But if it falls below 23,000, people might start selling to take their profits. Resistance is identified at the 23,500-23,600 range, while support is found at 22,000-21,800. BANK NIFTY Prediction Bank Nifty continued its pullback but hasn’t yet reached its previous peak of 51,133. This trend is expected to go on, and if it drops to between 49,500 and 49,000, it could be a good time to buy. The resistance is between 51,200 and 51,500, while the support is between 49,500 and 49,000. Breakout Stock for Trading (Future, Option & Swin...

07th June 2024 | Nifty playing with Volatility

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty started the day with a higher opening, then stayed steady throughout, keeping its gains and finishing the day up by around 201 points in positive territory.The significant rebound in the latter half of the session, closing above the 22,900 mark, suggests a possible bullish reversal. If the price finishes above the 22,900 level, it could potentially climb to 23,000 and higher in the days ahead. Resistance is identified at the 22,800-23,000 range, while support is found at 22,000-21,800. BANK NIFTY Prediction Bank Nifty experienced a rangebound trading day. The upcoming RBI policy announcement is expected to impact Bank Nifty tomorrow. We anticipate that Bank Nifty will consolidate around 49,000 during tomorrow’s session. Resistance levels are projected between 49,700 and 50,000, while support levels are estimated between 48,900 and 48,500. ...

06th June 2024 | Nifty’s robust recovery from yesterday’s low

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty’s robust recovery from yesterday’s low featured a gap-up opening of 240 points. The significant rebound in the latter half of the session, closing above the 22,600 mark, suggests a possible bullish reversal. If the price finishes above the 22,800 level, it could potentially climb to 23,000 and higher in the days ahead. Resistance is identified at the 22,800-23,000 range, while support is found at 22,000-21,800. BANK NIFTY Prediction Bank Nifty has been fluctuating between 49,362.9 and 46,446.8. The index experienced a notable recovery. On the upside, resistance is at the 49,500-50,000 range, while support lies between 47,800 and 47,000. Breakout Stock for Trading (Future, Option & Swing Trading) with Last Day Breakout Sr. Stock Name Symbol Links % Chg Price Volume 1 Aditya Birla Fashion And Retail Limit...

05th June 2024 | Buy On Dip for Big Profit |

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty started the day with a gap down and plummeted, ending the session down approximately 6%. This decline marked a clear break below the recent swing low of 21820, disrupting the pattern of higher highs and higher lows. Looking ahead, the levels of 23200 to 24000 are expected to act as significant resistance. The support levels are anticipated to range between 22400 and 21000. BANK NIFTY Prediction Bank Nifty has recently breached the ascending channel, signaling a shift in its trend. We foresee a correction towards the support level of 45500 to 45000. Conversely, the resistance level is likely to be encountered in the range of 49600 to 51000 on the upside. Breakout Stock for Trading (Future, Option & Swing Trading) with Last Day Breakout Sr. Stock Name Symbol Links % Chg Price Volume 1 Dabur India Limited ...

04th June 2024 | Buy On Dip for Big Profit | Premium is High with High Volatile Expected in 1st Half (before 10.30Am)

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty opened with a gap up and maintained a positive trend, closing with a gain of approximately 733 points. The daily charts indicate that Nifty has surpassed the previous swing high of 23,110, suggesting the beginning of a new upward movement that could reach between 23,500 and 23,740 in the short term. Resistance levels are identified at 24,000-24,700, while support levels are at 23,000-22,800. BANK NIFTY Prediction Bank Nifty has reached a new all-time high, and we anticipate that the positive momentum will persist. Our short-term target of 51,000 has been met. The resistance levels are at 51,500-52,000, while the support levels are at 50,000-49,600. Breakout Stock for Trading (Future, Option & Swing Trading) with Last Day Breakout Sr. Stock Name Symbol Links % Chg Price Volume 1 Gail (india) Limited GA...

03rd June 2024 | Buy On Dip for Big Profit | Premium is High

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[hfe_template id='11223'] [hfe_template id='33462'] [ad_1] NIFTY Prediction Nifty experienced a volatile trading day, opening with a gap up and consolidating throughout the session to close positively, gaining around 42 points. On the daily charts, Nifty remained within the range of the previous trading session, forming an inside bar pattern. This makes the range extremes of 22,700 to 22,400 key levels to watch. A breakout in either direction could lead to a significant move. The crucial support zone lies between 22,400 and 22,300, while the critical resistance zone is between 22,700 and 23,000. BANK NIFTY Prediction Bank Nifty maintained its momentum, closing positively for the second straight trading session. The index shows a positive crossover, indicating a buy signal. A buy-on-dips strategy is recommended, with a stop loss at 48,500. The 48,500-48,300 range serves as strong support, while the resistance zone lies between 49,2...