Technical Trendz - Indian Stock, Commodity & Currency Market Prediction
239 subscribers
182 photos
10 videos
6 files
76 links
This Channel is meant to provide technical views on Indian & International Fin Markets. All the views expressed here are only for educational purposes.

TechnicalTrendz.com/Disclaimer

Formerly a Research Analyst from SEBI's NISM

Not registered with SEBI
Download Telegram
👆whatever the news Bank nifty is outperforming😍 and supporting the Nìfty↗️
Hello everyone!

Technical Predication for 12th of October,

Buy Bank Nifty CMP @ 23846 or below
Stop Loss - 23500
Target 1 - 24000
Target 2 - 24100

These are the spot levels, you have to match accordingly with F&O levels. Buy on decline only not on a gap up if any...
Hello everyone!

Technical Prediction for 13th October,

Bank Nifty has achieved the target 😍 in 1st hour itself.

As far as Nifty is concerned, Nifty has achieved almost upside target. Further to this if possible we might see another 100 or 200 more points upside, but there is a risk involved at this stage as there may be a possible reversal in the market soon and volatility as well.

Hence, if you are only a buyer in the market, then better to stay in cash and wait for the opportunity.

When possible I will get back to you with sell-side opportunity.

Ta
As expected it's very volatile today. ...
Hello everyone!

Technical Prediction for 14th October,

As mentioned, we have seen volatility in the market which was in the range of 100 points before settling at 11934.

f we observe the Nifty's range in the last two days, which is contracting and is about to break either up or down.

The Upside Levels to watch is at 11970 and Downside Levels is at 11885.

Upon this breakout only we can take the trade in the Nifty for 100 points.

So, watch the above-given levels for the opportunity. And always expect unexpected things to happen.

Ta
What do you think which side the Nifty is going to break today? Up or Down? You may give your opinion through this poll
Anonymous Poll
32%
Up
40%
Down
16%
No Breakout today
11%
Don't know
Hello everyone!

Technical Prediction for 15th October,

Contracted Nifty has given the downside break in the first hour itself and has seen the low of 11822, and had an unexpected bounce at the end before settling 36 points upside at 11971 which is positive for the market.

(The Nifty has acted according to the poll. It went down first and raised later on😍)

If Nifty trades 50 points above to the current levels in two days we can expect further 200 points upside.

Bank Nifty and Reliance may participate in this Nifty's rise.

If it happens, traders pl..trade with strict Stop Loss of 11790.

Ta
Hello everyone!

Technical Prediction for 16th Oct,

Nifty was opened 50 points higher yesterday and couldn't sustain there and immediately started its journey downwards before settling at 11680.

The correction mood has begun now, but how far it will correct that we have to ascertain. At present we can see some pullback or consolidation before it's next move.

If Nifty sustains above 11745 in the first hour today then we can expect to see further 100 points upside, for that your Stop Loss should be at 11660.

Contrary to the above, if Nifty doesn't sustain above 11745 levels and breaks 11660 level down-side then we can see 100 points further down.

If possible, I will update you during market hours.

Ta
Hello everyone!

Technical Prediction for 19th October,

On Friday Nifty has attempted to sustain above 11745 levels in the first hour but couldn't make it. Even it couldn't break 11660 levels downside, rather it has consolidated in the range and settled at 11762.

Monday Nifty's strong resistance zone would be 11800-11820 levels, if it sustains above these levels then we can see 11865 levels upside. But I am not expecting that it will cross 11820 levels upside that easily.

If Nifty breaks 11740 levels downside, then we can see 11690 and 11665 levels downside or more if it breaks 11660 level.

Stop Loss for this downside trade should be @11810.

Ta
Hello everyone!

Technical Prediction for 20th October,

Due to the overnight fluctuations the Nifty has opened 120 points gap up yesterday, well above the mentioned resistance level of 11820 and it was the low of the day. Most of the day it hovered around 11865 levels before settling at 11873.

Bank Nifty was very strong through the day and helped Nifty to close on a positive note.

At the time of writing this analysis, SGX Nifty is trading 70 points down, so trades will not be great for traders in this kind of gap up and gap down situations.

I have been saying that what ever the news, Bank Nifty will Outperform in this month and it will lift Nifty. The same thing is happening now.

The International markets are in a negative mood, so let's wait and see how our markets will react to the fluctuations of the international markets, for the confirmed trend.

I will update you on this.

Ta
Hello everyone!

As I am away from the systems yesterday,
I am unable to give predictions for today but breafly I can say that yesterday, Nifty had recovered immediately from the opening gap down and settled close to 11900 levels.

Bank Nifty has another 700 to 800 points upside target with that Nifty may also see recent high of 12000 levels or bit more.

Now we are at absolutely high risk area to trade upside so, better to wait and watch that whether the Nifty sustains above the recent high or not would give us some idea for the next move.

At present Nifty is negating international markets weakness, which is positive at the same time it may be trap as well, so that we may come to know soon.

Ta
Hello everyone!

Technical Prediction for 22nd of October,

I think I don't have to describe yesterday's market behaviour which I have already described a day before, It was exactly the same. Nifty closed at 11937.

I gave a sell call in Nifty yesterday, before the closing session. You must use STRICT Stop Loss as given 12050 and look for the
Target1 - 11880 and Target2 - 11820.

If there is a gap up don't worry for that until our stop loss taken off.

Ta
Modify Stop Loss to close to cost 11950