Skip to main content

Nifty, Banknifty, 6th Jan And Week Analysis, Levels, Direction, Stock Market - News009

 Nifty, Banknifty, 6th Jan And Week Analysis, Levels, Direction, Stock Market - Nifty and banknifty are in bearish direction and trend. Currently any buy will sold off. Anything closing below 17750 can be soldoff till 17200 levels. 

Today 6th is multi confluence date basing on astrology and mathematics. Means many special events are on confluence. Today is pressure date means selling pressure possible. And so very important date high and low are very important after breakout trend can be seen for next few days on same direction. 

My Strategy - Our last important date is 27th and high was broken on closing and trend is bullish till 4 days and even now low was not broken on closing. 

Intraday time nifty - 10:20 5 min candle above high bullish, below low bearish. Banknifty - 10:00 . 

6th jan nifty

You can see trend reversed from moving averages and as telling from last few days not closed above 18300 and sold off. 18284, 18062, 17747 are important support resistance, you can see price is range bound only between levels. 

6th jan banknifty


You can see in pic, 43504 is important number for January month basing on mathematics and exactly reversed. 42980, 42155 are important support resistance. 27th high was broken and is bullish to range bound as said, 27th low was not broken and 6th today is our new date. 

Disclaimer - Only for education purpose, contact your advisor. Any Query - Contact Prakash - 8050797018, telegram - Stock market trading training.




Labels:

Comments

Post a Comment

Popular posts from this blog

VMRDA, RERA Approved Plots At Visakhapatnam, Vizianagaram, Rajmundry And Hyderabad.

 VMRDA, RERA Approved Plots At Visakhapatnam, Vizianagaram, Rajmundry And Hyderabad -  Contact - Phone - Whatsapp - 8050797018 Plots at kothavalsa, visakhapatnam -  This comes at low cost area around visakhapatnam, which comes after pendurthi which can be said as end of city. If you want to invest at low cost with high returns, one can invest here. This is next development area in visakhapatnam as it is outskirts of city.  Plots At Ainada, Chintalavalsa, Vizianagaram - This is near to vizianagaram city. There are engineering college's, schools, malls, atm, etc around this area by 3 km. As place is centre and near to vizianagaram city and on road to next visakhapatnam, one can easily invest here for low cost and higher returns also.  Plots At Konada, Bhogapuram, Vizianagaram -  This area is next centre development area due to international airport which is started construction and can be done in 3 years. Engineering college's, schools, shops are very near, more over best place w
Post a Comment
Read more

Diwali 2023 Top 10 Picks, Stock Market India

 Hold for atleast 1-2 years for good returns. These are basing on many fundamental parameters.  Ircon intl Natco pharma Karur vysya Aegis logistics Gsfc Marksans pharma Surya roshni Share india Shriram pistons Sundaram finance Disclaimer - Only for education purpose, contact your advisor. Contact 8050797018 for any query. 
Post a Comment
Read more

Nifty Banknifty July 1st And Week, Analysis, Direction, Levels, Stock Market India - News009

 Nifty July 1st And Week, Analysis, Direction, Levels, Stock Market India - News009 Nifty is in bullish trend (upside). Buy on dip like trend, 18800, 400 forms strong support, Daily closing below 18400 for 3 days trend can change to sell on rise (downside) Next selling days  - 5th and 12th,13th are selling dates basing on mathematics and market geometry. Observed selling pressure on most of days even daily closing is flat or positive.  Levels for coming week - More accurate on 15 min closing. Red and Green are major strong levels Banknifty closed all time high and in bullish trend. 43850, 43350 forms strong support. Daily closing below 43350 for 3 days trend can change to sell on rise, downside.  Levels for coming week  - More accurate on 15 min closing. Red and Green are major strong levels Disclaimer - Only for education purpose, contact your advisor. Any Query - Contact Prakash - 8050797018, Telegram - Stock market trading training. OPEN FREE UPSTOX TRADING DMAT ACCOUNT HERE Click
Post a Comment
Read more