Monday, 7 April 2025

NIFTY Analysis 07-APR-2025: Is History repeating?

LTP 21921

Will history repeat? Is the move resembles Oct 2021-Jun 2022?

As long as 23934 resists, we can see more down towards 21150 before big reversal  (steady and long term trend towards 30K-34K).


As of now, my view Nifty can recover towards 22500-23K and fall again towards 21200 as a final move.

As per my view, Nifty is moving in X-Y-Z correction.

From 21200-20900 levels, we can expect big trend reversal.

Let us wait and watch.


https://in.tradingview.com/chart/NIFTY/cvc6xaJf-NIFTY-Analaysis-07-APR-2025-Is-History-repeating/

Thursday, 3 April 2025

EMAMI LTD @ 574 - Analysis on 03-Apr-2025

LTP 573

SUPPORT: 412/334/130

As long as 500/412 holds support,

I expect to see more bull move towards 800/1200/1500/1900+

As per my analysis, bottom is already in and as long as the supports hold, Buy on dips is my view.


https://in.tradingview.com/chart/EMAMILTD/P0N3rcS1-EMAMI-LTD-574-Analysis-on-03-Apr-2025/

XAUUSD / GOLD / GC - Analysis 03-APR-2025

LTP 3128

As per my analysis, Gold has done ultimate target at 3165.

Further extensions can be 3221, 3282 and max 3455.


But, as of now, I suppose, Gold has topped out and any break of 3100, can see steep/gradual fall towards 2500-2300 in the coming months before next bull run towards 5K+ USD.


BIGGER PICTURE GOLD AND SILVER



NIFTY @ 23282 - Analysis on 03-Apr-2025


Supports: 22770/22321/21955

Upper Support zone: 22921-22655

As long as this support zone holds we can expect big bull run towards 24K/25K.

Downside minimum target done at 23210.

Extensions can be 23050/22921/22770/22660 max.


Reversal from any of these levels, we can see 23750 first .

Upside targets: 23750, 23989

Ultimate target zone 1: 24190-24291-24450.


Scenario 1:

23100 hold support and market can move towards 24190+ directly.


Scenario 2:

Can move back to 23400-650 n fall to 22950-22660 n reverse back strongly to 24190+.


As of now, my primary view is scenario 2.

Alt scenario is 1.


As per seasonality, I expect bull run till Aug-Oct 2025. Slow and Steady Move.

https://in.tradingview.com/chart/NIFTY/eAM2LadH-NIFTY-23282-Analysis-on-03-Apr-2025/

Tuesday, 1 April 2025

USOIL / WTIOIL / CRUDE OIL Analysis 1-Apr-2025

LTP 71.93

Bull trend started?

Support: 65.30

Resistance: 80.73

As per this chart, Crude bottom might be truncated. So, I expect a trend reversal for more bullish action for the targets above 120 USD.

Long term target for this bull move can be 190$+



Upside small targets: 77, 82, 85, 93, 112, 121+

NOTE: Bull View will be invalidated below 65.30.

Below that, we can see 60.5, 57, 55, 54, 49.

PRIMARY: BULL.

ALT: BEAR.


https://in.tradingview.com/chart/USOIL/IWjOE0NV-USOIL-WTIOIL-CRUDE-OIL-Analysis-1-Apr-2025/

XAUUSD (SPOT) / GC / GOLD: Analysis 1-Apr-2025

CMP 3132

Gold has done its normal target at 3137.

More extension can be 3173/250/280/3333.

Reversal from these levels, can move towards 2970, 2700, 2500 before next move towards 5000 USD.



Upside can be 3173, 32580, 3333, 3365, 3464, 3850

Downside can be 2967, 2882, 2821, 2655, 2610, 2534, 2500, 2413, 2250.


https://in.tradingview.com/chart/XAUUSD/tc7vQY1w-XAUUSD-SPOT-GC-GOLD-Analysis-1-Apr-2025/

NIFTY: Bull or Bear? 01-Apr-2025

 LTP 23161. WILL HISTORY REPEAT?

Supports: 22673/21955/21289

As long as Nifty stays above 21955, bull trend is intact for 26K+++.


Buy on dips view.

Break of 21289, trend will change to bear trend.

Primary: Bull

Alt: Bear.

As per seasonality, I expect up move till August-September. Let us wait and watch.

https://in.tradingview.com/chart/NIFTY/YwDEchoZ-NIFTY-Bull-or-Bear-1-Apr-2025/