NIFTY FOR UPCOMING WEEK 9 MAY TO 13 MAY 2022.
Hello everyone this chart technically measured and filtered by team INFINITYX.
POSITIVE:-
1. GOOD GST COLLECTION.
2. RBI REPO RATE 4 to 4.4.
3. Chances to control inflation.
4. LIC IPO.
5. Buy on deep seems to activated.
NEGATIVES:-
1. World market closed negative.
2. Crypto currency’s too.
3. US BONDS raised 12% with in 3 days.
4. FRED should also preparing for rise repo rate.
5. Rising crude oil prices.
6. Rising bond yields too.
CHART PATTERN AND INDICATORS:-
1. Nifty at around strong support.
2. Consolidation zone over.
3. All indicators turned negative on 4 hr and above time.
4. As per our study nifty should turn positive and further positive.
LEVELS FOR WEEK:-
Strong Resistance:-
⬆️16504 ⬆️16965 ⬆️17419.
Strong Supports:-
⬇️16314 ⬇️16046 ⬇️ 15830.
SMART PICK ACCURACY CHECK:-
1. SUNPHARMA SL HIT.
2. PVR SL HIT.
3. GNFC TOWARDS TARGET.
4. ASIANPAINT TOWARDS TARGET.
SMART PICK FOR WEEK:-
Go long with.
1. HEROMOTO LTP 2563 TARGET 2907 SL 2421
2. M&M, LTP 893 TARGET 909 SL 862.
Go short.
1. GNFC TARGET AS PREVIOUS.
2. Infy, LTP 1542 target 1300 SL 1610.
Note:-
1. We are trying hard to provide you accurate chart and we are achieving 86% accuracy.
2. If you want to check accuracy go through 250+ charts.
3. Hit like button if you like to appreciate us.
GREETINGS:-
Happy trading and have profitable week.
POSITIVE:-
1. GOOD GST COLLECTION.
2. RBI REPO RATE 4 to 4.4.
3. Chances to control inflation.
4. LIC IPO.
5. Buy on deep seems to activated.
NEGATIVES:-
1. World market closed negative.
2. Crypto currency’s too.
3. US BONDS raised 12% with in 3 days.
4. FRED should also preparing for rise repo rate.
5. Rising crude oil prices.
6. Rising bond yields too.
CHART PATTERN AND INDICATORS:-
1. Nifty at around strong support.
2. Consolidation zone over.
3. All indicators turned negative on 4 hr and above time.
4. As per our study nifty should turn positive and further positive.
LEVELS FOR WEEK:-
Strong Resistance:-
⬆️16504 ⬆️16965 ⬆️17419.
Strong Supports:-
⬇️16314 ⬇️16046 ⬇️ 15830.
SMART PICK ACCURACY CHECK:-
1. SUNPHARMA SL HIT.
2. PVR SL HIT.
3. GNFC TOWARDS TARGET.
4. ASIANPAINT TOWARDS TARGET.
SMART PICK FOR WEEK:-
Go long with.
1. HEROMOTO LTP 2563 TARGET 2907 SL 2421
2. M&M, LTP 893 TARGET 909 SL 862.
Go short.
1. GNFC TARGET AS PREVIOUS.
2. Infy, LTP 1542 target 1300 SL 1610.
Note:-
1. We are trying hard to provide you accurate chart and we are achieving 86% accuracy.
2. If you want to check accuracy go through 250+ charts.
3. Hit like button if you like to appreciate us.
GREETINGS:-
Happy trading and have profitable week.
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