Stocks in Asia fell on Thursday amid efforts to rein in inflation even as JPMorgan Chase & Co.’s Jamie Dimon sounded alarm bells on the economy.
Sensex / Nifty Future
Sensex / Nifty Future
Live Sensex / Nifty Future Tips: Free Live NSE/Nifty Future Price Charts, Tips today – Sensex / Nifty Future Tips, Bank Nifty Future forecast Today, BANK NIFTY, Nifty50, NSE, BSE, Sensex, Nifty Future, Bank Nifty Future, India, National Stock Exchange, Bombay Stock Exchange, Future & Option.
Nifty Weekly Forecast: Trading Zone 17,100—15,200 – Neal Bhai
Nifty Weekly Forecast: The pathway for the index seems to be fairly set for the week ahead. A nice range has formed, which can be better seen using an intraday chart.
Nifty Weekly Technical Forecast By Neal Bhai [23-05-2022]
Nifty Weekly Technical Forecas: Traders continue getting tossed around by the market. We started weak, rallied up, then gave it all back, only to rally back again by the end of the week. So, the saga of volatility continues. Intra-week trading remained very difficult as gaps and lack of a follow-through kept taking a toll on whatever positions were created. The VIX moved sharply as uncertainty deepened and nervousness increased. Everyone is searching for a bottom that is proving to be elusive so far. The week in pictures was thus.
Nifty Could Remain in the 17405-17855 Zone in The Near Term
Nifty Trading Zone: “Nifty after falling gap down has formed a hammer like pattern after a fall, suggesting possibility of an upward reversal. Advance decline ratio fell to much below 1:1 suggesting broad based profit taking in the markets. Nifty could remain in the 17405-17855 zone in the near term,”.
Buy Nifty Between 17,100 to 16,700 | The Next Dip Will Still Be Another Buying Opportunity
Nifty Weekly Forecast: When playing the markets, particularly with trading, it would be wise to remember, always, one of the statements made by Elon Musk. ‘Success is one of the possible outcomes’, he said, talking about one of his ventures.
Nifty Future Target is seen at Levels 18,000+ | Neal Bhai Reports
This is what last week’s column closed with: “Prices have moved along some but not much. Hence the stop may have to stay in that zone yet. The gap zones at the 16,800-17,000 area would provide the first of the dip-buy area in the week ahead.”
Buy Nifty Between 16,800 to 17,000 | Neal Bhai Reports
Nifty Under Buy on Dips: Being long in the market last week helped, as the benchmark index did move higher and fared reasonably. It was not all smooth sailing as intra-week volatility was visible. But bite was missing in the selling and sentiment repair was evident from the fact that the market made an attempt to move higher every chance it got, and breadth too was fairly broad-based.
Is Nifty Honeymoon Period Over? : No power to lift Nifty very high [26-02-2022]
Nifty Honeymoon Period Over: This week was one for the record books. We saw the largest range for a day after about nearly two years. The last time around when the Nifty dropped more than 5% (and Bank Nifty 6%) was back in March 2020.
Nifty support at 17200, resistance at 17400 [22-02-2022]
On Technical front, immediate support and resistance levels for Nifty 50 is 17,200 and 17,400 respectively and for Bank Nifty 37,200 and 38,150 level will act as support and resistance.
Nifty to Face Major Hurdles at 17810 Mark
“Volatility could be the hallmark until investors are certain that Russia will not invade Ukraine. Nifty will face major hurdles at 17810 mark and would gain strength only above 17810 mark. Intraday hurdles at 17420mark. For the day, support seen at 17208 and then at 17057. Expect waterfall of selling now only below 16800 mark.”