Market Decoder
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STOCK MARKET| #NCFM _CERTIFIED_TECHNICAL ANALYST


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All Suggested IPO’s giving good listing gains, book n enjoy , I didn’t get anything as usual so I won’t be tracking . If holding those IPO tc .
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If Nifty gives a strong weekly close above 24,500, preferably with good momentum/volume → the ascending triangle can break upward.

Possible target:
26,500++

Bearish failure:
If Nifty breaks the rising trendline, especially below 23,800–23,900, the pattern can fail and downside toward 23,200 / 22,800 becomes possible.
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Nifty bearish below 24225
Supports 24190, 24173, 24156
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Bullish above 24230, Resistance 24250, 24273, 24295
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Nifty Bearish below 24270
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Supports 24220 , 24180, 24148
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Bullish above 24290
Resistance are 24330, 24368
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Good Morning All
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Very cautious monthly expiry
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Nifty below 24220 is bearish
Below supports are 24160 , 24110 to 24090 zone
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Above 24232 Nifty is Bullish
Resistance above are 24268, 24310, 24346 and 24385
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Ramco Systems
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