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Showing posts from April, 2025

NIFTY (23151) Continue to trade under pressure with possible slight ease of selling pressure following important Support level in Index

   We have witnessed a sharp downfall in Nifty and Banknifty along with sectorial selling pressure amid the Iran-Israel war, although India's growth story has been robust and expected to rise continuously even amid global uncertainties. but may be lower than expected or projected , due to high inflation forcasting may be a part of lower GDP growth. India is a major crude importer , Hence volatility and up surge in Crudeoil prices expected to affect almost every corner of the economy, considering recent crises in LPG,,Crudeoil and restricted supply, will give rise to overall production cost and disruptions in production for manufacturing industries. Moreover, household budgets may rise  across the country  , which may decrease individual savings .We may see as  cascading effect of the current global situation, which may take slight more time to make nullify overall  effect upon indian economy. Eventually new  investment may slower its pace or ...

NIFTY UPDATES : POSITIVE Stock - INDIGO

As MENTIONED IN  NIFTY  VIEW ARTICLE ON 24.03.2025 : Accordingly, nifty has reclaimed 23650+ level after 1000-1200 point downward move after touching the resistance level near 23800 on 25th Marc h. Stocks in  Positive breakout ;   which suggests  this stock may see accumulations at dip and go further  up side gradually. 1 ) INDIGO   (INTERGLOBE AVIATION  LTD) (5344) INDIGO  RATIONALE:    STOCK TRADES  at 5347 near level of  swing previous high , stock has formed Higher-high , Higher - low price pattern in 1 hour chart , although  Relative strength indicator suggests strength in positive move supports  the momentum for upside continuation.  Strategy: buy at dip  Hence,  stock  expected to  move towards 5550 /5670 in upcoming trading sessions , as a  buy at dip strategy stock may be accumulated up to 5150 with stoploss of 5000 on closing basis Disclaimer &  Disclosur...

NIFTY VIEW : 09.04.2025

  NIFYTY  VIEW : 09.04.2025 NIFTY MAY TODAY TRADE IN BOTH SIDE , CURRENTLY TRADING -120  at 22417 BROADLY, THE CHART SHOWS SUPPORT NEAR 22200-22250 WHILE RESISTANCE NEAR 22675-22750 . HENCE WE MAY SEE SLIGHT SELLING AND SOME RECOVERY FOR THE DAY .  ** RESERVE BANK OF INDIA POLICY DECISION TO COME TODAY; MOST IMPORTANT IS COMMENTARY FROM RBI GOVERNOR**