Nifty 25000 Soon? | CA Rachana Ranade
Published: 2024-12-05
Status:
Available
|
Analyzed
Published: 2024-12-05
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
HUDCO has experienced a breakout with good volume and is showing a sustained upward move.
"yes absolutely just take it a little bit up again look at this breakout candle and look at the volume volume is also good enough right and you can see it's a sustained up move here till now at least"
Pending
Maharashtra Bank had a breakout with good volume, but today's candle was less impressive. Further observation is needed.
"correct again good volume bar at breakout uh it was staying here breakout today's candle was not that amazing let's see if we can get one or two more candles right"
Pending
BEL has broken out of its previous channel and previous swing high, indicating a resumption of its upward trend.
"this was the channel in which it was trading the previous swing High broken uh broken out uh trading here immediate next swing high is this one so it has started to resume"
Pending
CDSL has experienced a strong breakout with good volume, gap-up opening, and a full-bodied candle, indicating a positive confirmation.
"clear case of breakout now the point that I was trying to look at the volumes here and look at this candle so number one was there a breakout yesterday yes is there a gap of opening yes plus open and low are very much close to each other high and low high and close are also very much close to each other it's more or less like a full boded candle 8% up candle and with super volumes now this is like a good breakout this is like a good breakout candle and a fantastic confirmation also"
Pending
BSE has broken out with fantastic volumes, a full-bodied candle, and is forming a VCP (Volatility Contraction Pattern) or complex cup and handle pattern.
"today only we saw a breakout with fantastic volumes again low is equal to open kind of a candle full boded candle 13 and a half% more than 13 and a half% up so a good one definitely it's also like a vcp being formed like a complex cup handle"
Pending
HDFC has broken out in the last two trading sessions.
"HG breakout in last two trading sessions"
Pending
Grasim Industries shows a double bottom pattern with a breakout, and an increase in volume is noted after a period of low volume.
"it's like a double bottom and a breakout interesting look at the volumes here nothing and look at the volume buildup here"
Pending
Shree Renuka Sugars is showing a flag and pole breakout pattern on the daily timeframe, with the downward trend already broken.
"India daily time frame yes you can say that first and foremost this downward trending move was taken care of so this has anyways been taken out now I can say that this is like a flag drawing it quickly uh this is like the Pole flag is a little bit more wide though and has a bigger uh the length is also pretty big but yes it's it's kind not a textbook pattern but yes it's it's like a flag and pole breakout"
Pending
Hyundai Motors is showing an IPO base breakout pattern, with potential for further movement after breaking certain levels, currently exhibiting an inside bar.
"Hyundai Motors if you remember I told you about the IPO base breakout so first we have to check this level then we have to check this level this is potentially an inside bar but yet to break out"
Pending
Ganesh Housing Finance and Investment Co Ltd shows a small base formation with a breakout and follow-up action, with acceptable volume and a positive technical outlook.
"yes of course a small base formation has happened here volumes are okay there is a breakout I understand there is a followup as well but have never checked this technically it's not bad at all"
Pending
Zomato has had a breakout today, forming a head and shoulder pattern. While the breakout is confirmed, volumes are considered average and not great.
"zomato also gave a breakout today it uh I think 2993 or 299 something let's check now people are also checking the volume good is there a breakout yes it's also a head and shoulder pattern for zomato one two three has it broken outside this yes has it broken outside this as well yes the only concern is volumes are okay not great"
Pending
ICICI Bank has broken out of a long-term channel and is forming a W formation on the daily chart, though the volume is noted as missing or insufficient.
"IC Bank was going in this channel for a long time has broken out okay let's go on a daily time frame as well I I'll just drop these lines wow fantastic so again like a w formation a double you know it's it's like a w formation but again missing part is the volume"
Pending
ICICI Bank has broken out of a narrow range on the monthly chart and a triangle pattern on the daily chart.
"ICICI Bank has broken out of a narrow range on the monthly chart and triangle on daily chart"
Pending
Nifty is predicted to reach 25,000. The analysis is based on chart patterns.
"yes there are great chances that Nifty can head towards 25,000"
Pending
If Nifty closes above 24,750 tomorrow, it is expected to cross 25,000 and potentially target 25,200.
"if we are able to close above 24,750 tomorrow ideally we should be able to Closs 25,000 not only cross 25,000 we could potentially try and Target 25,200 also"
Pending
Nifty Small Cap index is showing strength and may reach all-time highs if the current resistance is broken.
"Nifty small caps is in fact showing strength something amazing and if this is taken out we may head to alltime high for Nifty small cap"
Pending
Nifty IT has broken out of its previous high and is showing an upward trend.
"Nifty it you can very clearly see that yes it was this this was the previous high after which it was going in a sideways then we could see a high a low a higher high a higher low it's still going up has broken the IM so this W High has been anyways taken out and it has also broken out of the immediate previous High"
Pending