Market Decoder
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STOCK MARKET| #NCFM _CERTIFIED_TECHNICAL ANALYST


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Market Decoder
MOIL
Given at MOIL at 200 levels 584 high made n fallen

Again it’s good to add around 330 to 350 only long term players add n leave it , when I book ll post here
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Nifty Weekly range 23775 (Support) SL 90 points
Target 100, 200 points
Resistance 24330
SL 90 points
Target 24200, 24100
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This levels valid for this week
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🚨 BIG BREAKING NEWS

Amid Covid-like outbreak in China, Now India reports FIRST case of HMPV virus.

8-month old baby tests POSITIVE in Bengaluru.
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Operators n Brokerages wants the stocks to buy at lower prices so don’t panic
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Today’s Nifty support 23635 to 23700 levels
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Small resistance at 23790 , if broken 23820,23885 and 23962
image_2025-01-08_09-21-23.png
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Banknifty 49500 to 49600 is good support
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BREAKING :

*Macro Update:* India’s GDP growth dipped to a four-year low of 6.4% in FY25 compared with 8.2% in the previous fiscal. (The numbers seen inline as market estimates were 6.5%)
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Reason for good fall
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IPO Update : Capital infra strict avoid
Quadrant must apply
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image_2025-01-10_09-28-29.png
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HDFC Bank , good to add around 1640 to 1620 levels.
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If Nifty Breaks 23300 then 22600 and 22300 and 22000 can be seen so lighten your positions
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Pls watch n share it as much as possible
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Definitely it ll help someone for sure
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Banknifty if closes below 48300 next support levels are 47100, 46650 and 46000 levels
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