Month: November 2021
Morning Market Insight Report – 30 November 2021
Bank Nifty Intraday Outlook
Pattern: AB=CD
Crucial Support Zones: 35750-35640-35525
Crucial Resistance Zones: 36325-36580
Comments: The important pivot level, which will act as crucial support for the index, is placed at 35,420.23, followed by 34,864.07. On the upside, key resistance levels are placed at 36,440.23 and 36,904.07
Nifty Intraday Outlook
Pattern: Bearish Head and Shoulder formation (daily chart)
Crucial Support Zones: 16800-16725-16660
Crucial Resistance Zones: 17125-17350-17425
Comments: Nifty halt ground around 17K level yesterday, after recent sharp fall and managed to close with moderate gains amid volatility on November 29, supported by buying in technology, Bajaj Finance, Kotak Mahindra Bank, HDFC Bank and Reliance Industries.
Pivot Levels
Daily market statistics
Daily market statistics
Disclaimer
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Morning Market Insight Report – 29 November 2021
Bank Nifty Intraday Outlook
Pattern: AB=CD
Crucial Support Zones: 35750-35640-35525
Crucial Resistance Zones: 36325-36580
Comments: Bank Nifty underperformed the Nifty by ~0.65% with both the indices closing at intraday lows, down by ~3.65%/3%.
Nifty Intraday Outlook
Pattern: Bearish Head and Shoulder formation (daily chart)
Crucial Support Zones: 16800-16725-16660
Crucial Resistance Zones: 17125-17350-17425
Comments: Markets witnessed a negative day of trade, with the bench-mark index trending lower for the major part of the trade. Reopening stocks from the sectors like Hotels, Aviation & Cinema house were among the top losers as the concerns of an impending third Covid wave rise.
Pivot Levels
Daily market statistics
Daily market statistics
Disclaimer
#beelinebroking #morningbreakfast #stockmarket #stocks #investing #trading #money #investment #finance #trader #stock #sharemarket #daytrader #nifty #sensex #nse
Morning Market Insight Report – 26 November 2021
Bank Nifty Intraday Outlook
Pattern: AB=CD
Crucial Support Zones: 37000-36825-36600
Crucial Resistance Zones: 37525-37800-37960
Comments: The important pivot level, which will act as crucial support for the index, is placed at 37,152.83, followed by 36,940.86. On the up-side, key resistance levels are placed at 37,542.33 and 37,719.86 levels.
Nifty Intraday Outlook
Pattern: Bearish Head and Shoulder formation (daily chart)
Crucial Support Zones: 17250-17150-17080
Crucial Resistance Zones: 17575-17625-17700
Comments: Markets witnessed a positive day of trade, with the benchmark index trending higher for the major part of the trade. Nifty outperformed the Bank Nifty by ~1% with the former closing in the green while the later closing lower.
Pivot Levels
Daily market statistics
Daily market statistics
Disclaimer
#beelinebroking #morningbreakfast #stockmarket #stocks #investing #trading #money #investment #finance #trader #stock #sharemarket #daytrader #nifty #sensex #nse
Morning Market Insight Report – 25 November 2021
Bank Nifty Intraday Outlook
Pattern: Falling Downward channel formation
Crucial Support Zones: 37000-36825-36600
Crucial Resistance Zones: 37525-37800-37960
Comments: The important pivot level, which will act as crucial support for the index, is placed at 37,156.03, followed by 36,870.17. On the up-side, key resistance levels are placed at 37,809.83 and 38,177.76 levels.
Nifty Intraday Outlook
Pattern: Bearish Head and Shoulder formation (daily chart)
Crucial Support Zones: 17375-17250-17160
Crucial Resistance Zones: 17525-17675-17735
Comments: Domestic markets gave up early gains amid high volatility and also selling pressure witnessed in auto and IT stocks weighed.
Pivot Levels
Daily market statistics
Daily market statistics
Disclaimer
#beelinebroking #morningbreakfast #stockmarket #stocks #investing #trading #money #investment #finance #trader #stock #sharemarket #daytrader #nifty #sensex #nse
Morning Market Insight Report – 24 November 2021
Bank Nifty Intraday Outlook
Pattern: Falling Downward channel formation
Crucial Support Zones: 37000-36825-36600
Crucial Resistance Zones: 37525-37800-37960
Comments: The important pivot level, which will act as crucial support for the index, is placed at 36,797, followed by 36,321. On the upside, key resistance levels are placed at 37,598 and 37,924 levels.
Nifty Intraday Outlook
Pattern: Bearish Head and Shoulder formation (daily chart)
Crucial Support Zones: 17525-17485-17400
Crucial Resistance Zones: 17710-17800-17890
Comments: Markets witnessed a positive day of trade, with the benchmark index bouncing back from its crucial 100Dema. Nifty marginally outperformed the Bank Nifty by ~0.1% with both the in-dices closing in the green.
Pivot Levels
Daily market statistics
Daily market statistics
Disclaimer
#beelinebroking #morningbreakfast #stockmarket #stocks #investing #trading #money #investment #finance #trader #stock #sharemarket #daytrader #nifty #sensex #nse
Morning Market Insight Report – 23 November 2021
Bank Nifty Intraday Outlook
Pattern: Falling Downward channel formation
Crucial Support Zones: 37000-36825-36600
Crucial Resistance Zones: 37525-37800-37960
Comments: Bank Nifty underperformed the Nifty by ~0.25% with both the indices took a nose dive, closing ~2% lower.
Nifty Intraday Outlook
Pattern: Bearish Head and Shoulder formation (daily chart)
Crucial Support Zones: 17250-17150-17080
Crucial Resistance Zones: 17575-17625-17700
Comments: Markets witnessed a negative day of trade, with the benchmark index trending lower for the major part of the trade. Reliance Industries was among the top index loser, closing ~4.5% along with an addition of fresh short positions.
Pivot Levels
Daily market statistics
Daily market statistics
Disclaimer
#beelinebroking #morningbreakfast #stockmarket #stocks #investing #trading #money #investment #finance #trader #stock #sharemarket #daytrader #nifty #sensex #nse
Morning Market Insight Report – 22 November 2021
Bank Nifty Intraday Outlook
Pattern: Falling Downward channel formation
Crucial Support Zones: 37500-37110-36875
Crucial Resistance Zones: 38000-38280-38400
Comments: Banking moves in lower high – lower low formation on daily chart, contributed by weakness in major private banks such as Axis bank, ICICI Bank, Bandhan bank, RBL Bank, and etc.
Nifty Intraday Outlook
Pattern: Bearish Head and Shoulder formation (daily chart)
Crucial Support Zones: 17650-17575-17500
Crucial Resistance Zones: 17825-17910-17990
Comments: The short term trend looks sideways to weak in Nifty benchmark index amid weaker global cues. Any attempt of upside bounce from here could find resistance around mentioned levels.
Pivot Levels
Daily market statistics
Daily market statistics
Disclaimer
#beelinebroking #morningbreakfast #stockmarket #stocks #investing #trading #money #investment #finance #trader #stock #sharemarket #daytrader #nifty #sensex #nse
Morning Market Insight Report – 18 November 2021
Bank Nifty Intraday Outlook
· In Yesterday’s trading session, Bank Nifty Lost 0.69%, with Private and PSU banks are -0.82% and 0.05%.
Nifty Intraday Outlook
· In Yesterday’s trading session, Nifty Lost 0.56%
Short and Long term moving averages
Daily market statistics
Daily market statistics
Results Calendar
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Morning Market Insight Report – 17 November 2021
Bank Nifty Intraday Outlook
· In Yesterday’s trading session, Bank Nifty Lost 1.02%, with Private and PSU banks are -0.97% and -2.14%.
Nifty Intraday Outlook
· In Yesterday’s trading session, Nifty Lost 0.61%
Short and Long term moving averages
Daily market statistics
Daily market statistics
Results Calendar
#beelinebroking #morningbreakfast #stockmarket #stocks #investing #trading #money #investment #finance #trader #stock #sharemarket #daytrader #nifty #sensex #nse