24,600 still a hurdle for NIFTY
ThirstyBulls™: Financial Academy
@thirstybulls
Beware of scammers & fraudsters. This is the original channel started on 02, September 2021.
We aim to simplify stock investing/trading for everyone.
Queries: @teamthirstybulls
ThirstyBulls™: Financial Academy
23 Oct, 04:40
Indices are at demand zones as well as oversold zone.
We may see some recovery in NIFTY if day low 24,378 is not breached.
We may see some recovery in NIFTY if day low 24,378 is not breached.
ThirstyBulls™: Financial Academy
22 Oct, 16:13
NIFTY 50 ANALYSIS - Watch here - https://www.instagram.com/reel/DBbr4X6OqYS/?igsh=Nmp6Z3BidnA2dDhj
ThirstyBulls™: Financial Academy
22 Oct, 08:55
NIFTY50 UPDATE ⭐️
As discussed previouly, the range for the week is valid from 25,459 to 24,100 where 24,805 is a mid point and market today has given a breakdown and trading at its crucial previous hourly swing support.
If NIFTY breaks 24,500 then we are headed towards 24,388 and then 24,100.
However If Index reverses from here then on the upside we have 24,800 as our first hurdle.
Todays closing is important.
As discussed previouly, the range for the week is valid from 25,459 to 24,100 where 24,805 is a mid point and market today has given a breakdown and trading at its crucial previous hourly swing support.
If NIFTY breaks 24,500 then we are headed towards 24,388 and then 24,100.
However If Index reverses from here then on the upside we have 24,800 as our first hurdle.
Todays closing is important.
ThirstyBulls™: Financial Academy
22 Oct, 05:38
Any closing above 24,800 can gives us opportunity for a quick buy side scalp also.
Keep an eye.
Keep an eye.
ThirstyBulls™: Financial Academy
22 Oct, 05:36
NIFTY has formed a support at 24,600 if it breaks this time then we may see Index falling again till 24,500.
ThirstyBulls™: Financial Academy
21 Oct, 05:49
XAUUSD GOLD⭐️
Trading at crucial level.
Scenario 1:
Either Buy from or near trendline with SL of previous swing low $2723 for Target of $2732.
Scenario 2:
Short sell if the trenline breaks and gold gives a pullback and breakdown of $2721 level for the quick downside scalp till $2712 to $2705.
Do note that over structure is still bullish and entering from major support levels and give good returns.
Trade accordingly!
Trading at crucial level.
Scenario 1:
Either Buy from or near trendline with SL of previous swing low $2723 for Target of $2732.
Scenario 2:
Short sell if the trenline breaks and gold gives a pullback and breakdown of $2721 level for the quick downside scalp till $2712 to $2705.
Do note that over structure is still bullish and entering from major support levels and give good returns.
Trade accordingly!
ThirstyBulls™: Financial Academy
21 Oct, 05:23
NIFTY50 UPDATE ⭐️
The index has bounced precisely from the marked level of 24,700, establishing a strong support at this point.
On the hourly chart, the key resistance is positioned at 25,234, while major support lies at 24,100.
For options writers/sellers, trading within this range could offer benefits from theta decay.
For options buyers, if the index closes above the 25,000 level, we could see a short-covering move towards 25,100/25,200, potentially extending to 25,250.
The intraday high of 24,978 is a critical resistance; if the index fails to break this level, we might see a sideways trading session.
For short sellers, consider 24,690 as a key level for a quick downside scalp, targeting 24,600 to 24,580.
Trade cautiously and plan accordingly.
The index has bounced precisely from the marked level of 24,700, establishing a strong support at this point.
On the hourly chart, the key resistance is positioned at 25,234, while major support lies at 24,100.
For options writers/sellers, trading within this range could offer benefits from theta decay.
For options buyers, if the index closes above the 25,000 level, we could see a short-covering move towards 25,100/25,200, potentially extending to 25,250.
The intraday high of 24,978 is a critical resistance; if the index fails to break this level, we might see a sideways trading session.
For short sellers, consider 24,690 as a key level for a quick downside scalp, targeting 24,600 to 24,580.
Trade cautiously and plan accordingly.
ThirstyBulls™: Financial Academy
21 Oct, 03:17
Global Market Update⭐️
October 21
Indian Markets
GIFT Nifty indicates a flat to positive opening.
NIFTY remains bullish as long as it sustains above 24,500, with potential to reach 25,500 if 25,250 is surpassed.
Banking stocks are showing resilience, with Axis Bank, ICICI Bank, and SBI bouncing from support levels.
Foreign investors have pulled ₹77,000 crore from Indian equities in October, driven by a rebound in Chinese markets and valuation concerns.
Major outflows were seen in financials, FMCG, and oil & gas sectors, while select inflows targeted chemicals and metals.
Asian Markets
Mixed performance across Asian equities; regional indices showed modest gains, while gold reached record highs amid rising geopolitical tensions in the Middle East.
US Market
Wall Street focuses on semiconductors amid AI-driven gains, with Nvidia leading. Recent turbulence came from contrasting reports by ASML (weak forecast) and TSMC (strong profits).
The Philadelphia Semiconductor Index has cooled off but remains a key barometer for the market.
Wall Street closed higher on Friday. The Dow Jones (+0.09%), S&P 500 (+0.40%), and Nasdaq (+0.63%) all saw gains, driven by strong earnings from Netflix and broad tech sector strength.
Dollar Index
Trading flat with modest gains around 103.50 in early Monday trade.
Crude Oil
Prices steadied after a 7% drop last week due to concerns about demand in China and reduced fears of Middle East supply disruptions.
Gold
Hit a record high of $2,729.30/oz as investors sought safe havens amid escalating Middle East tensions. Silver also rallied to its highest level since 2012.
Outlook
In the US, semiconductor stocks' performance will drive market sentiment, with upcoming corporate reports from key players like Texas Instruments and Lam Research under close watch.
While Indian markets face FII selling, Nifty's key support levels offer some stability.
October 21
Indian Markets
GIFT Nifty indicates a flat to positive opening.
NIFTY remains bullish as long as it sustains above 24,500, with potential to reach 25,500 if 25,250 is surpassed.
Banking stocks are showing resilience, with Axis Bank, ICICI Bank, and SBI bouncing from support levels.
Foreign investors have pulled ₹77,000 crore from Indian equities in October, driven by a rebound in Chinese markets and valuation concerns.
Major outflows were seen in financials, FMCG, and oil & gas sectors, while select inflows targeted chemicals and metals.
Asian Markets
Mixed performance across Asian equities; regional indices showed modest gains, while gold reached record highs amid rising geopolitical tensions in the Middle East.
US Market
Wall Street focuses on semiconductors amid AI-driven gains, with Nvidia leading. Recent turbulence came from contrasting reports by ASML (weak forecast) and TSMC (strong profits).
The Philadelphia Semiconductor Index has cooled off but remains a key barometer for the market.
Wall Street closed higher on Friday. The Dow Jones (+0.09%), S&P 500 (+0.40%), and Nasdaq (+0.63%) all saw gains, driven by strong earnings from Netflix and broad tech sector strength.
Dollar Index
Trading flat with modest gains around 103.50 in early Monday trade.
Crude Oil
Prices steadied after a 7% drop last week due to concerns about demand in China and reduced fears of Middle East supply disruptions.
Gold
Hit a record high of $2,729.30/oz as investors sought safe havens amid escalating Middle East tensions. Silver also rallied to its highest level since 2012.
Outlook
In the US, semiconductor stocks' performance will drive market sentiment, with upcoming corporate reports from key players like Texas Instruments and Lam Research under close watch.
While Indian markets face FII selling, Nifty's key support levels offer some stability.
ThirstyBulls™: Financial Academy
18 Oct, 10:17
‼️ CLOSING REGISTRATIONS
🌟 TRADE SMART: BEGINNER FRIENDLY 🌟
📅 2 months, 3 days/week, 1-hour session
💼 LIVE classes
💰UPI ID - thirstybulls@ybl
All-inclusive fee: 20,000/-
( EMI AVAILABLE)
Join here - https://rzp.io/l/qhKZ5dquS
🌟 TRADE SMART: BEGINNER FRIENDLY 🌟
📅 2 months, 3 days/week, 1-hour session
💼 LIVE classes
💰UPI ID - thirstybulls@ybl
All-inclusive fee: 20,000/-
( EMI AVAILABLE)
Join here - https://rzp.io/l/qhKZ5dquS
ThirstyBulls™: Financial Academy
18 Oct, 05:35
NIFTY50 UPDATE ⭐️
Keep an eye on 24,760 on the upside and 24,650 on the downside.
Keep an eye on 24,760 on the upside and 24,650 on the downside.
ThirstyBulls™: Financial Academy
17 Oct, 06:55
Keep an eye on 24,805 on the upside we may get a long opportunity for a reversal trade.
ThirstyBulls™: Financial Academy
17 Oct, 06:52
NIFTY50 UPDATE⭐️
Last line of defense placed at swing low of 24,769
Last line of defense placed at swing low of 24,769
ThirstyBulls™: Financial Academy
17 Oct, 06:19
NIFTY50 UPDATE⭐️
Breakdown of 24,800 support.
Next Intraday support at 24,700 if that also breaks then 24,694 to 24,650 will be the next stop.
Breakdown of 24,800 support.
Next Intraday support at 24,700 if that also breaks then 24,694 to 24,650 will be the next stop.
7,065
subscribers
3,208
photos
34
videos
