Can NIFTY touch 17000? | CA Rachana Ranade
Published: 2022-07-21
Status:
Available
|
Analyzed
Published: 2022-07-21
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Nifty's next resistance level is predicted to be 16,900 if it sustains above 16,500.
"if it is able to sustain here above the 16500 mark then what is the next resistance for this next resistance is directly at 16900 right so almost 300 points away from here that could be the next resistance level"
Pending
If Nifty closes above 16,750, it will form a fresh high and indicate a potential change in market sentiment.
"if the markets were to close above this 16750 then i can say a fresh high will be formed and i'll be happy that will be the first sign of market maybe changing its mood"
Pending
If Nifty continues to show strength, it is likely to approach and potentially reach 17,000 by breaking through 16,900.
"if market keeps on showing strength then sixteen thousand nine hundred is almost going closer and closer to seventeen thousand mark"
Pending
ITC stock showed an 'up flag pattern' on May 20th, 2022, with a target projection around 310-315.
"this was a clear cut flag pattern we call this as an up flag pattern and if this is achieved then we are told that it can go somewhere around see this target comes somewhere closer to 310 315"
Pending
ITC stock may experience a pause or congestion zone around 310-320, suggesting potential resistance.
"i feel that this can be one level where it can maybe pause a little bit because i was getting few questions that is this a good time to enter or not i believe that it can see some congestion zone here at 310 and here at the upper end 320"
Pending
AU Small Finance Bank was highlighted as the 'stock of the month' for pro investor members.
"we had discussed one bank i will name it no worries it is au small finance bank that we had discussed in our pro investor members stock of the month"
Pending
AU Small Finance Bank has seen a 4% increase since it was discussed as 'stock of the month'.
"since that day thankfully it has gone up by almost four percent"
Pending
AU Small Finance Bank's Gross Non-Performing Assets (GNPA) have slightly improved from 1.98% to 1.96%.
"gross non-performing assets now standard 1.96 as compared to 1.98 so little bit better gunpowder"
Pending
AU Small Finance Bank experienced a 17.96% negative growth in loan disbursements for the quarter.
"but one not so good news is about the negative growth of 17.96 percent on loan disbursement so loan disbursements have not been so great this quarter"
Pending
CAMS may face resistance around 2513 and is not considered a good entry level unless it sustains above 2500.
"as per the fibonacci level uh it is it can face a resistance around two five one three and it is a little bit closer to that uh this i feel is not a good level to enter if it is able to sustain above 2500 then that is one possibility to enter"
Pending
Jyoti Resins exhibits a bullish triangle pattern but has several noticeable gaps.
"this is like a bullish triangle but right now i can see so many gaps here"
Pending
Jubilant FoodWorks, after a Fibonacci retracement from its high, has sustained above a key level, suggesting potential around 5560 for averaging.
"from here if i were to draw a fibonacci see this was the high point from here this was the low point and yes it has sustained above this can be a good one somewhere around five five sixty"
Pending
Jubilant FoodWorks has a strong chance to rally further if it can cross and sustain above 600.
"if it is able to cross and sustain above 600 then there is a great chance that this can zoom further"
Pending
T.N. Petro, previously a sub-100 stock, has shown a significant and strong recovery.
"it has a below 100 category stock but it has recovered very nicely shandar recovery i can say uh so this stock has performed really well"
Pending
T.N. Petro may face resistance around 112 and 102; moving above these levels could trigger the next rally.
"this can again act as a resistance for the stock if it goes above this it does open for the next rally for this talk as well"
Pending
Devyani International is facing resistance around 165 but has the fundamental strength to move beyond 175.
"devyani is one of them at 165 it is facing some sort of resistance but i think this has this has the power it has that much fundamentals to go above that 160 165 175 is the congestion one"
Pending
IRCTC's recent performance has been disappointing.
"this has also not been performing well at all very very very unhappy with the performance of irctc"
Pending
IRCTC has fallen from over 1200 to recent lows.
"it has moved from this level of almost 1000 oops sorry 1200 plus to the lowest point recently"
Pending
The speaker is holding IRCTC in their portfolio despite current losses.
"i am holding it in my portfolio and it's in losses and i'm still holding on to it"
Pending