NIFTY 50 ANALYSIS
Before continuing to Nifty 50 analysis the Market, please read the Disclaimer at the end.
Tomorrow Nifty 50 index consist of five scenarios, and those are mentioned below. And moreover, Market is already All time High. So, expecting the correction in the Market. Call side Trade is not advisable.
Please Review the Box’s and Levels carefully before Trading.
NO TRADE ZONES at Nifty 50 Analysis
As per the Image, Upside (24204-24148) & Downside (23900-23863) Boxes are “No Trade Zones” which means taking trade in that Zones are not advisable.
BANK NIFTY ANALYSIS-28-JUNE-2024
Scenarios of Nifty 50 Analysis
Open as Gap up at 24204
Sustain and Move upside at the point of 24204 and above, then it will hit Target-1 as per image.
Open as Gap up at 24090
Sustain or move towards upside slightly and immediately come to downside at the point of 24090 and below, then the Target is 24047 followed by 23900 and below. if it breaks 24044, then it will be a Big Candle.
Open as Flat – Between 24047 & 24012
Market moves according to the direction. If the candles break and move upside of the box 24047, then it may or may not hit above levels and come to put side direction. If the candles break and move downside of the box 24012, then it may hit below levels.
Open as Gap down at 23893
Sustain or move upside at the point of 23893 and above, then it may or may not hit the above-mentioned levels and move towards put side direction.
Open as Gap down between 23870 & 23801
Expecting the sideways for sometimes and move towards downside and it may hit Target-1 & Target-2 as per image. If the whole day of Nifty 50 trade between 23893 & 24044, then Nifty 50 also coming to downfall stage in upcoming days.
NIFTY 50 ANALYSIS-27 JUNE-2024
Disclaimer
The Views and Opinions mentioned in this post or comments in the past or present under the site of “TN JOB ACADEMY” is meant for EDUCATIONAL PURPOSES ONLY. Investing and Trading in the stock market are subjected to market risk. we are not SEBI-registered analysts. Consult your financial advisor before taking a decision.
“TN JOB ACADEMY” is not responsible for your Profits and Losses. The sole purpose of this content is for Knowledge and Awareness about the Share market. So, by being a viewer of this site, you agree that you understand all the above. therefore, any legal action is void.
