आज बाजार में भारी गिरावट! कल Nifty में क्या होगा? | Chart Analysis by Prakash Gaba

Prakash Gaba • 10 days ago

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What This Video Is About

This video is about market analysis, specifically focusing on the charts of Sussex, Nifty 50, and Bank Nifty, using the indstotox.com platform for analysis. The speaker, Prakash Kaba, provides insights into the weekly, daily, 4-hour, and 15-minute charts of these indices.

Major Ideas Discussed

  • The weekly chart of Sussex shows selling pressure, with potential support around 73,000.
  • The daily chart of Sussex indicates a decline over the past two days, with a reversal pattern observed.
  • The 4-hour chart of Sussex shows some buying in the last half hour, with resistance at 74,000.
  • The 15-minute chart of Sussex suggests potential upward movement but with resistance around 74,000.
  • Selling is expected around 73,300 in Sussex, potentially leading to lower levels if breached.
  • The Nifty 50 weekly chart shows selling pressure, with support levels at 22,600 and 22,700 holding.
  • The 4-hour and 15-minute charts of Nifty 50 reinforce the idea of a strong resistance zone between 22,900 and 23,000.
  • The Bank Nifty's weekly and daily charts indicate weakness, suggesting potential lower levels around 54,200.
  • A strong resistance level at 55,370 is identified for Bank Nifty on the 15-minute chart.

What to Watch Next

Investors should monitor the identified support and resistance levels for Sussex, Nifty 50, and Bank Nifty, as these could significantly impact trading decisions. It's essential to mark key points and trade based on those points due to potential significant price fluctuations.