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2024-03-07 06:42:06 Market View 7th Mar

Nifty closed strong after taking support 22200-22300 Zone

New Support at 22400

ATM Straddle 22600 at 580

Today We have both Nifty and Sensex Expiry as tomorrow is a Holdiay

Sensex ATM Straddle 74200 at 468 with support at 73900 and resistance at 74500

Banknifty continues with Bullish strength for 48600 with support at 47700

Banknifty has started outperforming Nifty after a long time when leading the index on upside with participation from HDFC and Kotak Bank

https://rb.gy/hspzzp ክፈት / አስተያየት ይስጡ

2024-03-06 06:39:39 Market View 6th Mar

Nifty can have morning volatility for some time due to global markets

Nifty key level to watch is 22300 below which weakness till 22050

On Upside 22450-22600 is a resistance

Nifty ATM Straddle 22350 @185

Banknifty Data is heavy with expiry and participation from HDFC bank on bullish side.

Expecting volatile day in the index due to BNF expiry

Banknifty key support at 47000 and Gap Resistance at 47800 which looks to be filled

Banknifty ATM Straddle 47600 @ 375

https://rb.gy/1i0clq ክፈት / አስተያየት ይስጡ

2024-03-05 06:37:14 Market View 5th Mar
Nifty had a very low range session yesterday and index formed a small range Doji in the session

Spot Support between 22200-22300 and index can remain sideways in morning half with directional triggers in second half

Nifty ATM Straddle 22400 @ 243

Banknifty is key to decide the direction of market with tomorrow’s expiry

Banknifty key support at 47000 and Gap Resistance at 47800 which looks to be filled

Banknifty ATM Straddle 47400 @ 575

https://rb.gy/u3zp6r ክፈት / አስተያየት ይስጡ

2024-03-04 06:34:54 Market View 4th Mar
Sensex, Nifty 500, Auto, Commodities, Infra Sector Trading at All Time High Levels.
Nifty Spot Support between 22200-22300 and is driving on upside with participation from Heavyweights like Reliance, ICICI Bank, SBI and TCS
Market participation has improved with Metal sector also participating in the rally
Last Week Banknifty had a a good 1800 Pt upmove
Banknifty at crucial level to decide the direction of market
Banknifty key support at 47000 and Gap Resistance at 47800 which looks to be filled

https://rb.gy/xlwwa7 ክፈት / አስተያየት ይስጡ

2024-03-01 17:13:40 Indian Tech CEOs continues to ROAR

Sridhar Ramaswamy is announced as CEO of SnowFlake

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The company's initial public offering raised $3.4 billion in September 2020 ክፈት / አስተያየት ይስጡ

2024-03-01 06:42:03 Market View 1st MAR

New Series, New Month and Last month of Current FY

Market can see improving advance decline into Today’s session

Nifty consolidating between 21850 and 22200 with key support kept at yesterday’s low

Nifty opening seems in resistance zone so, we will wait for morning hour candle to make fresh cues when expected day is to be rangebound above levels of 22000

Banknifty also has decent support at yesterday’s low for jump till 46600

Banknifty support at 45700, below it will trigger weakness

https://rb.gy/0ez38n ክፈት / አስተያየት ይስጡ

2024-02-29 06:37:05 Market View 29th Feb
Nifty has breakdown key support of 22000. Market has turned sell on Rise

Nifty can stay in range of 250-300 point with support at 21850 and Resistance 22100

Banknifty is weaker than Nifty and is sliding down after breaking levels of 46200

Bankifty looks to slide for 45000 and 44500 in coming weeks with resistance at 46600

With Weak Advance Decline, caution has to taken for shorting at lower levels.

https://rb.gy/czyqlh ክፈት / አስተያየት ይስጡ

2024-02-28 06:33:37 Market View 28th Feb

Nifty rangebound movement continues in range of 21850 and 22300

Nifty has support at 22050

Nifty ATM Straddle of 22200 at 208

Banknifty continues consolidating with Support at 46250 and Resistance at 47350

Banknifty ATM Straddle of 46600 at 601

There is no Expiry Today. Tomorrow is monthly expiry for both Nifty and Banknifty on leap Year Day

https://rb.gy/1jc0p8 ክፈት / አስተያየት ይስጡ

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2024-02-27 06:31:41 Market View 27th Feb
Nifty has key support at 21850 and rangebound movement continues in index in range of 21850 and 22300

Banknifty continues consolidating with Support at 46250 and Resistance at 47350

After leading the initial upmove over last start of last week banknifty is back in weakness mode.

Closing below Key support will be weak for Banknifty and above resistance Banknifty will Aim new High

Nifty and Banknifty had a very low range session in start of the week, indices are getting calm ahead of Monthly Expiry for both indices on Thursday

https://rb.gy/jdf3p6 ክፈት / አስተያየት ይስጡ