Two back-to-back open-high candles in Banknifty... Something weird.
Stay alert is the only way to protect ourselves in this market

$TSLA: Is this the reason for the postponement of Elon's India tour. The stock is 15-months low.

Nightmarish declines.

NIFTY 50: What Now?

Why these two Painting gaints are in trouble? Changing industry dynamics with more big conglomerates entering??!!

NIFTY IT (Weekly Scale): It is below the 40-week average and rising trendline. Now, 33402 is the critical support. Watch the RSI behaviour around 40.
#NiftyIT #sectors #StockMarket

NIFTY 50 (Weekly Scale): All the recent swing highs formed long upper shadow candles, and results are also repeated.
#nifty50 #Nifty

NIFTY(Monthly-since inception): Elections occur every five years, leading to continuity or change in governments. However, the market consistently presents opportunities for growth. Maximum drawdown often correlates with maximum returns. Each downturn offers growth prospects

Watch Metals, Banks, Financials, and Consumer Durables In the near term as they improve Relative Strength and Momentum. The Metals rolled into the leading quadrant. The other three indices moved into the improving quadrant. They will outperform in the coming days. The other

Volume Candle in TradingView

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During the financial year, the Nifty gained by 4971.45 points or 28.64 per cent. Except for August and October, all other months the Nifty registered decent gains.

Will the Nifty close above 22500?

NIFTYBANK: Long-legged, small-body candles. Below 50DMA, High volume negative close. But the current swing is 9 days old, the longest downswing. The RSI is in the neutral zone and near the bearish zone. Any range shift will have adverse effects. Let us watch the next two days'

Options data in TradingView , A long wait is over. However, other options related data like Open Interest, IV charts, and Strategy charts are still to come. Hope TradingView release soon.

NIFTY50: Watch the last 17 sessions low. And 20 & 50 DMAs. Nothing else.
#Nifty #StockMarket

NIFTY50: Look at today's volume, which was highest after 31 May 2023. Now, the critical support zone is 50DMA (21909) and the prior minor low of 21860. Currently, the Nifty is holding four distribution days. An increase in the distribution day count to 6 and a close below the

NIFTY: At crucial support. Watch today's low

MIDCAP100: Closed below 50DMA and crucial support of a triangle. Weakened Relative Strength, RSI near bearish zone. Three days before, Smallcap-100 was also below 50DMA and broke the Triangle. With a series of negative news flows.... the pain is more.
#MidcapStocks

$NVDA: At extreme overbought condition, Shooting Star