Indice Nifty 50Long
Nifty talk as on October 9 2024
Good morning everyone
9th October 2024, Wednesday
So with Bullish Harami with piercing patternNIFTY looking fit to come back once again.
The minor resistance for Intraday stands at 25054. Above this a short covering rally towards 25364 is on the table. Support @ 24940. Below this 24944 is another base support.
Short term players can go long now with today's low as their overall SLs.
#PSU stocks on Radar once again. A non-stop rally might restart.
BANKNIFTY broke the trendline support on 7th October but again reclaimed yesterday which shows the power of bulls.
50800 is the support for the day. 51800 is the resistance. Above this can be witnessed a massive short covering.
Even when market looks promising, do not forget to take SL in your positions.
Remember, a stock is not your friend but a STOP is.
That would be all for the day. Have a profitable day ahead.
#TrendX
9th October 2024, Wednesday
So with Bullish Harami with piercing pattern
NIFTY looking fit to come back once again.The minor resistance for Intraday stands at 25054. Above this a short covering rally towards 25364 is on the table. Support @ 24940. Below this 24944 is another base support.
Short term players can go long now with today's low as their overall SLs.
#PSU stocks on Radar once again. A non-stop rally might restart.
BANKNIFTY broke the trendline support on 7th October but again reclaimed yesterday which shows the power of bulls.50800 is the support for the day. 51800 is the resistance. Above this can be witnessed a massive short covering.
Even when market looks promising, do not forget to take SL in your positions.
Remember, a stock is not your friend but a STOP is.
That would be all for the day. Have a profitable day ahead.
#TrendX
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