Nifty 50 analysis for 29 Nov 2021

 Hello Friends 

Yesterday I told you that nifty 50 is at its 5MA and always remember 5MA is a very good support and a very good resistance.

Also I told you that market is still sell on rise. Today market opens as huge gap down

Opening at 17338 and made a high 17355 and then a fall upto 16985. Hope that put buyers have made some good money.

Now what is next

Daily chart analysis- As per daily analysis nifty will travel upto 16758. But on Monday there may be a consolidation. 

Weekly chart analysis- nifty crosses it's weekly 20 MA it means still nifty is sell on rise in coming weeks we can see nifty at 16000 level.

Monthly chart analysis- on monthly chart nifty is at its 5MA and it acts as  support as well as resistance so friends there may be a little bounce but overall market is in selling pressure. 

Thanks friends I hope you all are enjoying my analysis. 

Pls do your own analysis before taking a trade if you all wants any support from me then pls comments on my blogs.

Market news 26 nov 2021

 Hi friends Today's main news which may impact our stock market -

Global-Market Insights 

-US Futures & Asian indices show the weak opening

-An interest rate hike & inflation is the biggest concern along with the new Covid variant 

-The dollar index is at 96.75 and call money rates is rising across the globe

-US markets were closed on Thursday and half day today

-A new coronavirus variant of serious concern is found in South Africa

-The new variant B.1.1.529 carries an unusually large number of mutations

-UK temporarily bans flights from SA

-Goldman Sachs believes Fed will tighten policy faster than previously anticipated

-Bond tapering could be $30 billion a month from January

-Rate hike in September and December and twice in 2023

Nifty 50 analysis for 26 nov 2021

 Hello Friends Yesterday I have discussed that nifty may fall upto 17200. Also I told you that 17200 will act as support if it is broken then we can see a free fall upto 16800. 

Also I told you that it is monthly and weekly expiry so be cautious in your trade.

Today nifty started falling in starting and made a low of 17351 and then an upward movement started and this will go up to 17564 and nifty closes at 17547  which is its 5 MA on daily chart.

It means of nifty sustain above this point i.e. 17547 than it may go upto 17623 and 17700 but it's still sell on rise. 

So trade accordingly. Friends do your own analysis before taking a trade as profit and loss is belongs to you.

If you like my analysis then do like and comment on it and follow me.

Thanks

 

Nifty50 analysis for 25 nov 2021

 Hi friends 

Yesterday I told you nifty is sell on rise and in first half it may go to 17700 and after that a fall may happen. 

As per my prediction nifty goes up but only till 17600 and after that we saw a fall upto 17354. It's a 246 point fall.

Now for tomorrow nifty is still sell on rise. Tomorrow it's weekly expiry and monthly expiry so be cautious. As tomorrow session will be volatile session.

Tomorrow nifty can go down upto 17200 and afterwards there may be a rise in nifty. So friends be ready for a fall tomorrow.

17200 will act as support if it is broken then be ready for 16800.

Friends do your own analysis also as it is my prediction but profit and loss is yours only. And do follow and comment on my blogs thanks.

Live market analysis

 Nifty is now above its resistance level if nifty sustain above it for 15 minutes and more than more upside movement can be seen and now 17566 level will act as its support.  So enjoy your trade accordingly. Mera to aaj ka kaam ho gaya dosto ek baat aur kehna chahunga wo ye hai k aap apna din ka ek target set kijiye aur jaise hi wo target achieved ho jaye aap trading band kar dijiye aur dekhiye k month end me aap profit me honge so enjoy friends poora din market dekhne se profit nahi aata hai

Nifty 50 today's levels 24 nov 2021

 Good morning friends today you all need to focus on 17566 acts as resistance take a put call near this if found it on your conviction. 

This level is only for knowledge purposes. 

Nifty analysis for 24 nov 2021

 Hi friends as I discussed yesterday nifty will going to touch its 5 MA on monthly nifty 50 chart. And it's value around 17136. Today nifty opens gap down at 17281 and then moved towards its 5 MA 17136 and reached upto 17216 and take a U turn and made a high 17553 and its closing is at 17503. Now what is the next? 

On monthly chart its still showing weakness means it is sell on rise mode.

Tomorrow in first half you will see a rise in market upto 17700

And then if it is taking resistance at this point then we could see a fall again. So enjoy a call position tomorrow in morning and in second half use put position but after reading chart.

Now pls do your own analysis also on this then only take trade. Because profit and loss belongs to you.

Enjoy my analysis and give your comments and follow my blogs.

Thank you dosto.