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?



Wednesday 23 October 2024

NIFTY ANALYSIS 23-OCT-2024

BULL or BEAR?

BREAK of 24355, we can see 24260/23889/23655/23407/23155

IMMEDIATE RESISTANCE: 24689. IMEEDIATE SUPPORT: 24355.

BULLs need a break of 24991.




Wednesday 16 October 2024

Tuesday 1 October 2024

US30 / DOW JONES BIGGER PICTURE 01-OCT-2024

 BIGGER PICTURE



CRUDE OIL / XTIUSD ANALYSIS 01-OCT-2024

 CFD: BULL or BEAR?



GBPUSD / CABLE BIGGER PICTURE 01-OCT-2024

 HIGHLY BULLISH?



SILVER / XAGUSD ANALYSIS 01-OCT-2024

 GOING TO 60$?



GOLD / XAUUSD ANALYSIS 01-OCT-2024

 WHERE IS GOLD GOING?



DXY ANALYSIS 01-OCTOBER-2024

 BULL or BEAR?



NIFTY SHORT TERM ANALYSIS 01-OCT-2024

 BULL or BEAR?

NIFTY



GIFT NIFTY


SENSEX MONTHLY ANALYSIS 01-OCT-2024

 BULL or BEAR?

BASE SUPPORT 78289



BANK NIFTY MONTHLY ANALYSIS 01-OCT-2024

 BULL or BEAR?



NIFTY MONTHLY ANALYSIS 01-OCT-2024

BULL or BEAR?

GIFT NIFTY




NIFTY