Prashant Bhansali

Passionate about financial markets |
Sports lover

[Prashant Bhansali @prashant280294]

#Nifty dipped from 23300 to 22180 today

Few points +- is ok when considering big timeframe

News not in our hand, but as long as structure intact, I believe
Wave 5 can begin anytime now for 30K in 2027

Watchout for price & time equality possibility as well 👀

Happy weekend 🤝

[Prashant Bhansali @prashant280294]

#Nifty advance view (cmp 23,300)

If in case we get closer to 21,800 - 22,000 before 10th April, it could be fantastic opportunity to go long for new ATH 26400+ in 2026 and 30,000 in 2027.

View activates only if levels come by date mentioned.

[Prashant Bhansali @prashant280294]

$Silver looks bearish for short term as long as below 72-74$ (cmp 68$)

48/50$ possible

#silver #commodities

[Rishi Bhansali @RishiBhansali2]

Everyone is talking about the govt asking citizens to reduce gold buying, cut unnecessary foreign travel, and lower fuel consumption, but nobody asks why or what led the govt to choose this method wherein it had to ask the people of the country to help. Here's a breakdown :

[Prashant Bhansali @prashant280294]

@time_2k26 Bullish till above 7300

[Prashant Bhansali @prashant280294]

#USDINR

Looking toppish for short term

[Prashant Bhansali @prashant280294]

@Mur_Att One week at a time, let's see.

[Prashant Bhansali @prashant280294]

#Nifty wave C down in play

23500 ✅

Low made so far 23350

[Prashant Bhansali @prashant280294]

#Nifty short term resistance at 24400-24600 continues to play out

23500/23200 seems possible once

[Prashant Bhansali @prashant280294]

@DhillonAjit That's alternate for me based on my reading of overall market.

[Prashant Bhansali @prashant280294]

@Shanujain16 Good till above 470

[Prashant Bhansali @prashant280294]

#Nifty short term resistance at 24400-24600 continues to play out

23500/23200 seems possible once

[Prashant Bhansali @prashant280294]

#Nifty

Short term resistance 24400-24600

Not easy to cross and sustain in one go

[Prashant Bhansali @prashant280294]

@rbswingtrader https://t.co/NFkwSs20g0 similar view

[Prashant Bhansali @prashant280294]

$SPX

From Covid lows, we're about to complete Wave 3 soon

Wave 4 consolidation can take place next few weeks with resistance being at 7200-7400 and support being at 6000-6200

$DJIA $NDX $QQQ $SPY

[Prashant Bhansali @prashant280294]

$CL_F $crude (US OIL)

Up 20% since then from 87 to 104 now

#crudeoil

[Prashant Bhansali @prashant280294]

$CL_F $crude (US OIL)

Oil likely to rebound
Taking support near 80$

Geopolitical uncertainty to continue after a short ceasefire attempt
Don't trust Mr. Trump 😄

#crudeoil #equities #usiranwar

[Prashant Bhansali @prashant280294]

@_Harsh_Mehta_ Only 3 waves up...check gifty more clear

[Prashant Bhansali @prashant280294]

Another reason why I think Indian IT stocks will do well in coming months

Nasdaq outperforming CNXIT since 2010 in a rising wedge pattern formation which is now at resistance on monthly chart

I believe money will move back to Indian IT

$NDX #NiftyIT #CNXIT

[Prashant Bhansali @prashant280294]

#NiftyIT (CMP 28600)

Looks attractive now from investment pov

IT index entering long term demand zone 26200-28500, it's quarterly chart so big range

I know it's hard to believe now, but this is what I see
I'd focus on price structure rather than being feared by AI narratives

[Prashant Bhansali @prashant280294]

@moneyworks4u_fa https://t.co/hWOPLthXjL same view 🤝

[Prashant Bhansali @prashant280294]

#NiftyIT (CMP 28600)

Looks attractive now from investment pov

IT index entering long term demand zone 26200-28500, it's quarterly chart so big range

I know it's hard to believe now, but this is what I see
I'd focus on price structure rather than being feared by AI narratives

[Prashant Bhansali @prashant280294]

I share world indices/yields view from time to time when setup is good enough to affect other asset classes incl Indian equities

If we connect the dots, we get good idea where we are heading overall for each asset class

Will be sharing more setups going forward
Happy weekend 🤝

[Prashant Bhansali @prashant280294]

One of the easiest setups you'll come across

Easy 500-600 points drop from short term resistance in #Nifty

[Prashant Bhansali @prashant280294]

#Nifty

Short term resistance 24400-24600

Not easy to cross and sustain in one go

[Prashant Bhansali @prashant280294]

$NIKKEI 🇯🇵

60k-60.5k is good resistance

Recent upmove is corrective in nature so far

Won't be surprised if we move back to support at 50k once again

#worldmarkets #indices

[Prashant Bhansali @prashant280294]

$SPX

From Covid lows, we're about to complete Wave 3 soon

Wave 4 consolidation can take place next few weeks with resistance being at 7200-7400 and support being at 6000-6200

$DJIA $NDX $QQQ $SPY

[Prashant Bhansali @prashant280294]

This has played out very well so far

We went closer to 21800-22000 support area and bounced back strongly

Lot of stocks has seen strong buying and impulsive structure seen as well across many stocks

Looking to buy wave 2 dip in strong stocks 👀

#nifty #stocks #markets

[Prashant Bhansali @prashant280294]

#Nifty advance view (cmp 23,300)

If in case we get closer to 21,800 - 22,000 before 10th April, it could be fantastic opportunity to go long for new ATH 26400+ in 2026 and 30,000 in 2027.

View activates only if levels come by date mentioned.