Market Decoder
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STOCK MARKET| #NCFM _CERTIFIED_TECHNICAL ANALYST


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Nifty intraday resistance at 23090
Banknifty 49050 resistance
Support 48850 either side breakout ll decide the direction today
*The settlement of trades executed on Friday and Saturday will be on Monday.Therefore, do not sell stocks purchased on Friday, On Saturday NO BTST FOR FRIDAY TO SATURDAY*
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Nifty if sustains 23225, then possible levels 23350 ,23420
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image_2025-01-30_10-21-54.png
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Tata motors , 680 done today, 620 is even more attractive level
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image_2025-01-31_10-45-14.png
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IRCTC dropped 35% from ATH, retested the support zone, touched fib golden ratio and reversing,
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image_2025-01-31_10-50-42.png
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IRFC Forming a base of 125 zone for past one year , Patience will be tested for sure unless budget doesnt give any direction
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image_2025-01-31_11-04-47.png
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RVNL , fell down 45% from ATH, retested imp support zone and fib Golden ratio touched , reversing now
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image_2025-01-31_11-13-32.png
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Container corp dropped 40% from ATH , looking for reversal with below 725 in weekly stock will become week.
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Al Railway stocks started now itself
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TOTAL TRADES:- 29

Tgt achieved:- 16
Sl hit:- 6
Exit:- 5
Trade missed:- 1
Open:- 1
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Jan month Option Trades
Today No trades , Weekend is always Weekend 🙏😃
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JWL is reversing with 330 is SL
If budget is Good Nifty will go towards 25000 , if budget is not satisfactory Nifty can go towards 21000
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Gap down possible
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image_2025-02-03_09-15-10.png
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Nifty 23000 to 22800 is support zone and 23445 to 23570 is consolidation zone , Market has to break either side for direction move