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Nifty 50 Analysis-
1.Currently 24500 is a strong resistance area as sellers are active here
2.If a 15 min candle closes above 24500 intraday long positions can be built for targets of 24750 which is restest of H&S pattern.
Overall Trend- Bearish
#Nifty50#stockmarketsindia
Jk Paper CMP- 455
1. One of the Market leader in paper industry
2.Trendline breakout possible currently in accumulation zone
3.Gap filling possible till 550-560 levels
4.Inverse H&S on weekly timeframe
#Nifty#JKPaper#StockMarketIndia
Nifty Managed to close above important support zone which is 23889 till this zone does not get broken Nifty may see a short term bounce coming till 24600-24700 levels
#Nifty#StockMarketIndia
Bullish on BankNifty:- A double bottom formation is on the cards. Can test 52582 levels in this week and if gives a breakout above 52582 levels then gap can be filled till 52844.
#Nifty#ICICIBank#stockmarketsindia
IRFC is taking support on current level. It can bounce back or give a breakdown. Breaking this level means more fall on the downside
#IRFC#stockmarketsindia
Anyone want a particular stock analysis can 👉🏻 comment down stock name and like and repost this post. I will analyse it in one hour.
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