Real valuation has to be matched with market expectations. DII will buy < FII will sell.
Choppy. Stuck between multiple support and resistance levels.
Near long-term support. Immediate move up to 43400. Then Expect consolidation. Worst case - 42400. Consistent High Policy rate, High call rate, high term deposits inflow, lower CASA, tight liquidity, moderate credit growth will hamper NIM.
Conservative Estimate FII will sell, DII will buy some - not all. IF SIPs, Lump-sum keep increasing, then maximum 50% retracement. 19300 in two months.
Fibonacci Retracement 78.6% to 61.8 percent Upto 18130 in couple days
Price below trend line support. Possible move upto 205. Consolidation might happen near 205-210 levels
Triangle pattern. Can initiate short trade. Use strict Stop Loss.
Possible move till 16400. IF December doesn't act as HOLIDAY.
Immediate move till 2600. Possible move till 2350. Moving Average is taken on daily basis.
Possible swing til 2410. According to THEORY - Pattern usually retraces till Point B. But REALITY is Vast, Unorganized, Chaotic and Dichotomous.
NIFTY 50 still in bearish cum consolidation. Closed below 50 DMA. 17400-17430 is possible if keeps sliding below. Moving Average used in analysis is daily.
SBIN has taken support at trendline for few times. If trendline is broken, it can move towards main channel support OR will keep consolidating below 515-520 to form triangle or rectangle pattern. Take confirmation from RSI and traded volume . Moving average is taken on daily basis.
Nifty moving in descending channel. Short reversal from channel support is expected. Fresh buying only when channel resistance is broken. Confirm with RSI for sustained reversal. Moving averages are on daily basis.
Strong resistance at 18000-18050,18300 and support at 17600 ,17450 levels
Price moving in long and reliable channel. Breakout will be - weekly closing above 1790. Take confirmation from RSI and Volume. Moving average is taken on daily basis.
Good time to accumulate for medium term wait for good candle to form or reversal. Take confirmation from RSI or Huge Volume. Closing candle below 640 is unlikely. Moving average is taken on daily basis.
Price is moving in parallel channel. Breaking above blue line will indicate fresh bullishness. Investors should buy near Support. Take Confirmation from RSI and Volume. Moving average is taken on daily basis.