Market Decoder
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STOCK MARKET| #NCFM _CERTIFIED_TECHNICAL ANALYST


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Nifty Above 23390 daily closure we can expect 23550 to 23600 levels if that’s cleared we see a relief rally till 24000++
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Nifty support at 23220 to 23200 levels if broken 23150, 23080 can be seen
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23150 done
Banknifty 48660 is support,
if banknifty is closing above 49450 , then a rally can be seen towards 50180
*Instl. Investors EQUITY Cash Trades PROV. - 21/01/2025 : Rs. CRS. :*

*FIIS : SELL -5,920 (9,983-15,903)*

*DIIS : BUY +3,500 (14,355-10,855)*
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Nifty making a Double top in lower time frame , it valid if Nifty closes below 23068 , the 23000 is possible
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If 23068 breaks , Intraday fall can come towards 23000 and 22940 and 22880
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23140 is Intraday resistance it has to be broken for upmove ,
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Nifty eitherside breakout can come
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Nifty reaching support zone, Govt Policy & Budget will give the next direction, if budget is bad Nifty can go down towards 22200 and 21000 easily . Till Budget no new swing trades unless clear shots call is available
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Market Decoder
General Insurance If BO seen , go for it, with 140 SL WCB, else if retests towards 145 and reverses ,go for it .
GICRE from 156 to 450πŸ˜ƒ continue to HoldπŸ™πŸ˜Š
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Nifty levels
Photo from NAGARAJAN
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GICRE only long term players can take 420 to 380 levels good to add
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Live analysis is nifty
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Mark the levels
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