SPX at the prev Fed level 3900, which acted as a key level in the past. Based on price action, price must break 3800 higher low as well as the previous higher high to move further down. Let see what happens tomorrow
NG should hold 5.5 key level, whihc is a strong buying zone. must break 6.5 for upside rally
BN approaching ATH by forming higher lows. Will create a new ATH if the price stays above the higherlow 41000 (short term).
Nifty continuing rally by forming new higher lows. Fiis in green for the past 4 days. 18080 acted as a good buying zone today. BANKnifty approaching all time high.
BankNifty consolidating near ATH and on breaking 41500 chances are that we might see a new high in the near future.
TCS appeared to have broke the down trendline. 3400 seems to be the immediate target if NASDAQ supports the IT index
RELIANCE moved north 8.5% after making consecutive higher lows and reached the down trend line. We might see some profit booking at this level and if Nifty supports the price might reach all time high
DEEPAKNTR looks like it broke out today and we have seen some incoming volume compared to the previous days. Sustaining above 2400 will reach 2700 and 3000.
GAIL longterm breakout after almost 6 months. A large number of buyers will enter after 93.
Nifty is trading at 17700 and still inside the hourly trendline. intraday key levels are 17780, 17660, 17530
S&P 500 is at the recent lower high. If sellers enter here with shorts, price might form a new low by breaking the previous low.
NIFTY appears to have formed an expanding wedge on the lower time frame. Should break the key level 17000 to move till 16800 and break the level.
S&P 500's open price is the high of the day. On breaking the day's low, 3600 seems to be the next target
Nifty failed to hold 17360, the previous key level. After forming lower highs, Nifty is approaching 17180 level. If this is a retest around 17200, consecutive targets will be 17420 and 17530, on breaking 17360 of course. On breaking 17180 level, downside targets will be around 17000 and 16850.
SPX sideways on reaching the previous low. Price still did not break the lower high though
Nifty in a channel and lloks like it has broken the channel. Yet need to break the 17000 level to move further north
Nifty in weekly timeframe appears to be forming a trendline, connecting two major lows, 2020 March and 2022 June. If price respects the trend, 16400 can act as a support, which acted as a key level in December. If price breaks this level, successive targets on the downside will be 15700, 15200 and 14300
S&P 500 is breaking the June month's low. If we get daily closing below this level, next possible targets are 3500, but looking at the charts 3200 seems to be the target