GOYAL CONSULTANCY ®️®️

2024-05-23 06:40:30 NIFTY OPEN OPEN GAP-UP 16 POINTS  AT LEVEL OF 22614

BANKNIFTY OPEN GAP-UP 117 POINTS AT LEVEL OF 47899

DO NOT TAKE ANY AMBUSH ENTRY, WATCH MARKET FOR FIRST 15 MINUTES Buka / Bagaimana

2024-05-23 06:20:46 Updated for-May/23/2024

Positional Support for BANKNIFTY 47464 47123 45891 and positional Resistance for BANKNIFTY is 47885 47929 48081 48209 48233 .

Intraday Resistance of BANKNIFTY are 48155.6 : 48465.7 : 48110.4 : 48156
Intraday Support of BANKNIFTY are 47408.3 : 47098.2 : 47454.6 : 47409.3 Buka / Bagaimana

2024-05-23 06:14:18 Updated for-May/23/2024

Nifty closed on a closed on a bull note at 22597 level .So today on upside first intra resistance is at 22637-40 Next resistance are 22678-83,22744-49,22781-86,22823-28,22895-00,23057-62 level.

On downside first support is at 22557-52 next support are at 22517-12,22450-45,22413-08,22372-67,22294-89,22247-42,22172-67,22110-05,22020-15,21980-75,21932-27,21885-80,21789-84,21710-05,21632-27,21581-76,21506-01,21423-18,21321-16,21294-89,21229-24,21198-93,21132-27,21054-49,21033-28,20933-28,20680-75,20540-35, 20390-85,20244-39,20180-75,20108-03,20068-63,20028-23,19985-80,19918-13 level.

So today for intraday on upside intra resistance are at 22640 and 22683 level and On downside be alert below 22552 and avoid all longs below 22512 level as selling may intensify below that level . Positional Support for NIFTY 22321 22309 22302 22278 22258 22242 22032 20910 and positional Immediate resistance for NIFTY is 22675.
Intraday Resistance of NIFTY are 22678.2 : 22744.9 : 22823.9 : 22855.3
Intraday Support of NIFTY are 22517.4 : 22450.7 : 22372.9 : 22341.8 Buka / Bagaimana

2024-05-23 05:49:29 Here's how global market cues are placed this morning Buka / Bagaimana

2024-05-23 05:33:36 The benchmark Sensex and Nifty indices are expected to open flat with negative bias on May 23, following GIFT Nifty trends indicating a loss of just 33 points for the broader index.

On May 22, the Indian benchmark indices ended on a positive note on May 22 with Nifty reclaiming 22,600 in a volatile session ahead of the release of the Fed's latest meeting minutes. At close, the Sensex was up 267.75 points or 0.36 percent at 74,221.06, while the Nifty was up 68.80 points or 0.31 percent at 22,597.80.

GIFT Nifty (Negative)

The GIFT Nifty is trading 33 points lower compared to the Nifty 50 close on May 22, indicating a negative start for the day. Nifty futures were trading at 22,661 at 07:15 AM IST.

Asian Equities (Mixed)

Asian markets were mixed after minutes of the last U.S. Federal Reserve meeting revealed Fed officials' concerns over sticky inflation, with members seemingly getting cold feet on possible interest rate cuts.

South Korea's central bank held its benchmark policy rate at 3.5% as estimated in a Reuters poll. The BOK is expected to cut by 50 basis points in the fourth quarter, according to a Reuters poll from May 21.

Indices Change from Previous Close (%) MTD (%) YTD (%)
Nikkei 0.47 1.44 4.37
Topix 0.03 0.25 4.17
Hang Seng 0.9 7.15 11.7
Taiwan 0.4 6.8 14.4
Kospi -0.30 1.93 -3.25

US Equities (Negative)

Overnight, Wall Street ended lower and oil prices fell on Wednesday as investors parsed minutes from the U.S. Federal Reserve's most recent policy meeting.

The Dow Jones Industrial Average fell 201.95 points, or 0.51 percent, to 39,671.04, the S&P 500 lost 14.4 points, or 0.27 percent, to 5,307.01 and the Nasdaq Composite dropped 31.08 points, or 0.18 percent, to 16,801.54.
Indices Change from Previous Close (%) MTD (%) YTD (%)
Dow Jones -0.51 4.71 5.3
S&P500 -0.27 5.19 11.3
Nasdaq -0.18 7.13 12 Buka / Bagaimana

2024-05-23 05:23:39 GOOD MORNING TRADERS

JAI SHREE SHYAM

HAVE A GREAT ND PROFITABLE DAY Buka / Bagaimana

2024-05-21 11:11:22 NIFTY UP BY 90 POINTS FROM MY BREAKOUT LEVEL OF 22500

BREAKOUT LEVEL WAS 22500 ND NIFTY MADE HIGH 22591 Buka / Bagaimana

2024-05-21 09:52:19 NIFTY UP BY 50 POINTS FROM MY BREAKOUT LEVEL OF 22500

NOW THOSE WHO HAVE BUY SIDE POSITIONS CAN USE TRAILING STOPLOSS AT 22500-22510 ND HOLD YOUR LONG POSITIONS Buka / Bagaimana

2024-05-21 07:31:20 BANKNIFTY TRADING AT A CRUCIAL LEVEL

FOR BANKNIFTY 48000-48050 VERY STRONG SUPPORT FRESH AGRESSIVE SELLING ONLY BELOW THIS LEVEL

FOR UPSIDE 48120-150 ACT AS A STRONG RESISTANCE FRESH BUYING ABOVE TGIS LEVEL Buka / Bagaimana

2024-05-21 07:21:59 NIFTY STUCK IN A MORNING RANGE, AFTER A GAP-DOWN OPENING WE GET STRONG MOVEMENT FOR UPSIDE BUT NOW IT'S STUCK IN A RANGE

FOR NIFTY 22470-22450 IS VERY STRONG SUPPORT FOR TODAY FRESH SELLING ONLY BELOW THIS LEVEL

FOR UPSIDE 22520-22500 ACT AS A STRONG RESISTANCE FRESH BUYING ABOVE THIS LEVEL Buka / Bagaimana