Saturday, 23 November 2024

NIFTY ANALYSIS 23-NOV-2024

LTP 23907

Supports: 23255/22773

Note: Nifty has done ultimate target for this down move at 23277.

Break of these supports, we can see more down move towards 21K/20K.

As long as the above supports hold and a break of 24073, we can see bull run towards 26K/30K




UPSIDE TARGETS:

25370, 26300-27K,

27200-28K-29K-29800

34K

https://in.tradingview.com/chart/NIFTY/F9Dx0Vwe-NIFTY-ANALYSIS-23-NOV-2024/

NIFTY JR / NEXT 50 ANALYSIS 23-NOV-2024

LTP: 68016

Support: 65713

Recent Low: 65996

Immediate Resistances: 68334/68921


As long as 65713 holds support and a decisive break of 68334/68921, we can see bull run in the coming months towards 80K.

NOTE: Critical level 65713/63707.

It these levels break it can go to 60K-58K before reversal.




ULTIMATE TARGETS on the Upside:

72K

78k-82k

89k-91k

1L-1.1L

https://in.tradingview.com/chart/NIFTYJR/BJ0xtz63-NIFTY-JR-NEXT-50-ANALYSIS-23-NOV-2024/

Thursday, 21 November 2024

NIFTY, TOTAL MARKET ANALYSIS 21-NOV-2024

 NIFTY LTP 23340

Nifty had done my ultimate target 23277.

Further decline may be 23055, 22700 if break 23277.

As per me the market is reversing for NEW ATH.

Break of 23655, initial signal of reversal.

Let us wait and watch.

https://in.tradingview.com/chart/NIFTY/3NBczRYi-NIFTY-LTP-23340/


NIFTY TOTAL MARKET LTP 12305



Wednesday, 13 November 2024

NIFTY: BIGGER PICTURE 13-NOV-2024

NIFTY

CMP 23714

Supports: 23555/23000

Resistances: 23889/24246

Nifty Done minimum target for this down move at 23980

Further decline can be 23600/23400/23300/23100.


Move above 23889 can be initial signal of reversal and a break of of 24426 confirms the reversal as per me.

Upside targets: 25580, 27850, 31200

https://in.tradingview.com/chart/NIFTY/BUtFo78c-NIFTY-BIGGER-PICTURE-13-NOV-2024/



UPDATE 2:







Saturday, 9 November 2024

STOCK ANALYSIS 09-NOV-2024

BSOFT @ 568

SUPPORTS:250/45

RESISTANCES: 862

As long as 250 holds support, BSOFT is buy on dips for bigger targets.

BUY LEVELS at CMP (568, 525, 455, 389)

TARGETS: 673, 789, 916, 991, 1121-1200-1325

ULTIMATE TARGETS (long term): 789-916, 1121-1200-1325, 1655-1734-1861, 2200-2280-2525, 3500

https://in.tradingview.com/chart/BSOFT/RirOBbXr-BSOFT-568-ANALYSIS-ON-09-11-2024/


AMBUJACEM @ 565

SUPPORTS: 403/315/270/134

RESISTANCE: 600/708

As per my analysis we are in correction and expect support 403 will hold for new ATH.

As long as 313 holds support, we can see 707 again and further the following targets:

ULTIMATE TARGETS (long term): 777-812-882, 1089-1119-1191, 1377-1421-1564, 2134.

https://in.tradingview.com/chart/AMBUJACEM/EcMcfMzo-AMBUJACEM-565/


LICHSGFIN @ 635

Resistance: 827

Supports: 512/291/185/5

As long as 512/291 holds support, we can see 825 first and further we can see 730, 870, 1007, 1157, 1221, 1355, 1455, 1755

Ultimate Target zones

1221-1270-1355

1455-1565-1803

2010, 

2234-2361-2534

3021-3155-3521

4900

https://in.tradingview.com/chart/LICHSGFIN/HVHQzebE-LICHSGFIN-635/


GNFC @ 619

SUPPORTS: 489/400/95

RESISTANCES: 912

Alt 2 can be below 400

As long as 400/95 holds support, we will see 910 again.

Further targets: 890-1080, 1200, 1300-1600, 1800-2200

https://in.tradingview.com/chart/GNFC/kdbb8T2r-GNFC-619-Analysis-on-09-Nov-2024/


SUNTV @ 755 Analysis on 09-Nov-2024

Supports 610/389/255

Resistance: 925

As long as 610/389 holds support, We will see 921 first.

Immediate target: 828

Further Targets: 960-1100, 1200, 1300-1500

Target Zones:

960-1012-1091

1312-1355-1446

1664-1721-1882

2534

https://in.tradingview.com/chart/SUNTV/GrPoGOUT-SUNTV-755-Analysis-on-09-Nov-2024/

Tesla Inc. (TSLA) NASDAQ @ 321.22

 Tesla Inc. (TSLA) NASDAQ @ 321.22

Supports: 138/101

Resistance: 414.55

As long as 138 holds support, We can see big bull move.

As per my analysis, we are in the wave (3).

Immediate target for this up move is 357 and followed by 414, 455.

Ultimate target for this move is 512-612.


LONG TERM TARGETS: (512-612), 670, (764-830-921), 1034, (1155-1221-1334).

My view: BUY on DIPS for 500/700/1000+


https://in.tradingview.com/chart/TSLA/FWMXt5cu-Tesla-Inc-TSLA-NASDAQ-321-22/

Monday, 4 November 2024

GIFT NIFTY ANLAYSIS 04-NOV-2024: BULL or BEAR?

GIFT NIFTY BOTTOM in PLACE?

SUPPORT: 23830

RESISTANCE: 24361

Other resistances: 24634, 24846, 25289.


BELOW 23830, we can see 23734, 23355, 23100-23K

August 5th low, 23830 is holding till now. If it holds, we can see 24155 (done), 24234, 24334.

And a break of 24361, next we can see 24455.

NIFTY ANALYSIS 04-NOV-2024: BULL or BEAR?

BOTTOM is IN or MORE TO GO?

RESISTANCES: 24377/24697 

SUPPORT: 23816/800

NIFTY reached my upper target for this down move at 23900. and taken support of 23800. 



BELOW 23816 we can see 23655-23277.

ABOVE 24377, bullish for 26277 first.

Saturday, 2 November 2024

NIFTY LONG TERM VEIW 02-NOV-2024: BULL or BEAR?

As long as 22000/16600 holds support, more upside towards 30K/45K/55K possible long term (MULTI DECADE)

 



If 24700 resists and a break of 24050, we can see 23900/23700/23300/23055.

Break of 24697, can see sharp move towards 26K/28800/30500 can be seen BEFORE Big correction (Seasonal Jan end to March).



Friday, 1 November 2024

XTIUSD / CRUDE OIL @ 70.33: Bigger Picture Analysis 01-Nov-2024

 XTIUSD / CRUDE OIL @ 70.33

Resistances: 77.91/83.91/94.21/126.21

Support: 63.89


As long as 77.89 holds resistances, we can see 68.55/63.89/55/44.50.

Reversal from any of these levels, we will see big up move and first target would be 126.

Further targest 155/210+

https://www.tradingview.com/chart/XTIUSD/IdKtQkPK-XTIUSD-CRUDE-OIL-70-33-Bigger-Picture-01-Nov-2024/

SILVER @ 32.74: Bigger Picture Analysis 01-Nov-2024

SILVER @ 32.74

SUPPORTS: 31.34/29/20.55

Downside can be 31.55


Break of 34.89, next 36, 40, 43-47, 50, 54-60+

https://www.tradingview.com/chart/XAGUSD/qdXHHXq2-SILVER-32-74-Bigger-Picture-Analysis-01-Nov-2024/

GOLD @ 2749: Bigger Picture Analysis 01-Nov-2024

GOLD @ 2749

SUPPORTS: 2516/2300/1977

RESSISTANCE: 2791

Downside can be 2640


Break of 2791, next 2989/3121 can be seen.

Long term targets 3400-3500, 3800, 4000-4200, 5000

https://www.tradingview.com/chart/XAUUSD/QrAVEgp2-GOLD-2749-Bigger-Picture-Analysis-01-Nov-2024/

NIFTY @ 24205: Bigger Picture Analysis 01-N ov-2024

NIFTY @ 24205

SUPPORTS: 20000/15100

RESISTANCE: 26278

Downside can be 23980/23100/21600

As long as 20000 holds support and reversal from the above leves, I expect to see 26278 first.

Further targets: 27850, 31200.


Long Term targets:

34150-35800-38000

44300-45800-50600

69500

https://www.tradingview.com/chart/NIFTY/MQAPwR1Z-NIFTY-24205-Bigger-Picture-Analysis-01-N-ov-2024/

SENSEX @ 79389: Bigger Picture Analysis 01-Nov-2024

SENSEX @ 79389

SUPPORTS: 68350/51350

RESISTANCE: 85980

Downside can be 77800/75555/73360


As long as 68355 holds support and reversal from the above levels, I expect to see 85980 first.

Further targets: 86200, 94500


Long Term targets:

11600-121000-129300

150600-156000-172000

https://www.tradingview.com/chart/SENSEX/gUHnlmFH-SENSEX-79389-Bigger-Picture-Analysis-01-Nov-2024/

Monday, 28 October 2024

IDFC FIRST BANK @ 67

IDFCFIRSTB @ 67

SUPPORTS: 50/28/16

As per my chart, IDFC BANK is taking support at the trendline.


Break of 77, we can see 100+ in the near term.

Upside targets:

112-121

134

150

164-171

185

201

233.

https://in.tradingview.com/chart/IDFCFIRSTB/KWXqko13-IDFC-FIRST-BANK-67/

RELIANCE: for next 5-10 years

LTP: 1338

Support: 200

As per my analysis, Reliance is in BIG correction and expecting BIG rally in the coming years.

Best Buy levels: 

Around 1370, 1025, 877.

Reversal from any of these levels, first target 3170.


Targets by levels:

3170

3660-4300

5000

5400-6555

7300

9000-10200

12000-14000

19500

https://in.tradingview.com/chart/RELIANCE/FRBa7q2w-RELIANCE-for-next-5-10-years/

Saturday, 26 October 2024

NIFTY AUTO INDEX ANALYSIS 26-OCT-2024

NIFTY AUTO / CNXAUTO @ 23799

Downside can be 24545 (done), 23967, 22800, 21700


Reversal from any of these levels, first target 27103.

Further targets:

29300-30455-32200

37000-38100-41660

55555

https://in.tradingview.com/chart/CNXAUTO/MFc3IrMW-NIFTY-AUTO-CNXAUTO-23799/


TATAMOTORS @ 865

SUPPORTS: 655/534/370


BUY LEVELS: CMP (865), 845, 791, 742

TARGETS:

1132-1200-1310

1464

1601-1675-1782

2077-2146-2364

3234

https://in.tradingview.com/chart/TATAMOTORS/ZFCmrVqv-TATAMOTORS-865/



MARUTI @ 11503

SUPPORT: 9071/6400

Downside can be 11725 (done), 10697, 10234, 9834

Reversal from any of these levels first target 13405.

Upside targets:

13405-15055

16430

17734-18350-19401

22021-22720-24655

https://in.tradingview.com/chart/MARUTI/0chuwJtF-MARUTI-11503/



MOTHERSON @ 190


As long as 136/105 supports, we can see more upside towards 255/400/500

Upside Targets:

200-216

242-258-285

321

354-370-397

466-482-534

Buy Levels: CMP (190), 173, 160

https://in.tradingview.com/chart/MOTHERSON/0PxRNpSM-MOTHERSON-190/



TVSMOTOR @ 2450

Downside min target 2381 (done).

Further downside targets: 2303, 2266, 2177, 2025


Upside first target 2955-3082.

https://in.tradingview.com/chart/TVSMOTOR/a65NwU1f-TVSMOTOR-2450/

NIFTY MULTICAP 500 BIGGER PICTURE 26-OCT-2024

NIFTY MULTICAP 500 @ 15671

SUPPORT ZONE: 15755-14934

Downside minimum target done around 15755-15650 (made low 15563)

Further downside can be 15434, 15255, 14934.

Reversal from any of these levels, first target 17060-17400

Ultimate upside targets: 18355, 20600, 22400.



NIFTY TOTAL MARKET @ 12669. BIGGER PICTURE 26-OCT-2024

NIFTY TOTAL MARKET @ 12669

DOWNSIDE Target for this move: 12589(low 12591).

Further downside can be: 12455, 12295, 11589.

Other targets: 12589, 12455, 12391, 12295, 12070, 11955, 11750, 11589.

Reversal from any of these levels, we can see 13710 first.

Upside targets: 

13710-13960

14300

14600-14710-15400

17700-18700







NIFTY @ 24180: BIGGER PICTURE for NEXT 10-20 YEARS

NIFTY @ 24180

Bearish Scenario:

Minimum target for this down move 24047 (low made 24073).

Further downside targets if break 24073, we can see 23960, 23821, 23655, 23255.

BASE SUPPORTs: 18887/16828.


Bullish Scenario:

Bottom is in or more to go?

Reversal from the above levels, 1st target 25450-26277.


LONG TERM TARGETS:

27000-27834

28921-31234-33121-34150

35600-38000

44300-45700-50500


https://in.tradingview.com/chart/NIFTY/AFGl5FUP-NIFT-24180-BIGGER-PICTURE-for-NEXT-10-20-YEARS/

SENSEX @ 79402: BIGGER PICTURE for NEXT 10-20 YEARS

SENSEX @ 79402

Bearish Scenario:

Minimum target for this down move 79160 (Low 79137).

If moves down below 79137, we can see 77664, 77055, 75810

BASE SUPPORT 63555/57055.


Bullish Scenario:

BOTTOM is in or more to go?

Reversal from any of these levels, we can see

81500 first and further 86500.


LONG TERM TARGETS:

86500-94700

1,06,100

1,16,000-1,21,000-1,29,100

1,50,000-1,55,000-1,71,900


https://in.tradingview.com/chart/SENSEX/31ObmgOJ-SENSEX-79402-BIGGER-PICTURE-for-NEXT-10-20-YEARS/

Friday, 25 October 2024

NIFTY TOTAL MARKET: BIGGER PICTURE 25-OCT-2024

 BULL or BEAR?

UPSIDE TARGETS: 13855, 14700, 15400, 16700, 17700



NIFTY ANALYSIS: BIGGER PICTURE: BULL or BEAR? 25-OCT-2024

 Primary View: Bullish

As per my view, normal target (wave 4 alternation) for this down move 24100-24046-24000 (made low 24073 till now).

If so, we will see big reversal in the coming months NOV-JAN 2025. We can expect bigger correction between Jan-Mar 2025 which will be bigger than this correction.

UPSIDE TARGETS: 26255, 28807, 33100, 34700, 37000 (NOTE: LONG TERM)


Alternate View: Bearish

As long as 24600 resists, we can see further decline towards 23970-23820-23650 (ultimate target would be 23650-23270).

DOWNSIDE TARGETS: 23970-23820-23650 (ultimate target would be 23650-23270).




PRIMARY: BULL



ALT: BEAR







Thursday, 24 October 2024

NIFTY TOTAL MARKET: MORE DOWNSIDE BEFORE REVERSL FOR NEW ATH? 24-OCT-2024

LTP: 12837

Immediate resistance : 13055

Immediate support: 12755


RESISTANCES: 13055/13291/13434/13855

Downside can be 12691-12589-12455 (ultimate target for this down move)

Further targets: 12257/12064/11942/11581

Above 13855, we will see 14719/15458/16742/17715



NIFTY ANALYSIS 24-OCT-2024: BULL or BEAR?

 BULL or BEAR?