Moving forward, my deep dive technical analysis and educational stock breakdowns will mostly be available on TradingView!
Iโve been publishing frequently over there, so make sure to watch that space. Iโll still drop occasional updates here on X. Thank you all for the support! ๐๐
https://t.co/pOOYSs8Mcr
Today I learned that a lot of people think that paying minimum due on credit cards avoid penalties and interest. And they end up paying 30% plus interest annualised on balance due.
Why is it not explicitly mentioned on the minimum due figure that this is bare minimum and this incurs heavy interest on outstanding amount along with interest? Canโt RBI and finance ministry mandate a rule that against minimum due amount on statement they have to clearly say how much extra interest people have to pay if they only pay minimum due?
Please retweet so that this reaches the right people. I will also be reaching out to the RBI
Nifty Bank Index (1H) Technical Update:
Price action indicates sub-wave (iii) exhaustion within a broader wave (c) correction. A bullish hammer has formed at 55,263.75 support, confluencing with an oversold RSI (29.24).
Anticipating a tactical wave (iv) counter-trend retracement before a final wave (v) decline. Invalidation for this immediate relief bounce is strictly defined below the hammer wick.
#BankNifty #nifty #nseindia
@TarunSa72578886 Thanks for your message Tarun. I was on a short vacation, hence no regular analysis these days. But point taken, will analyze the stock and provide my Technical analysis soon. ๐
Nifty Bank Index 1W structural observation.
Price action is compressing at a major resistance confluence (0.618 Fibonacci level and 50-WMA). Momentum remains flat at the midline. This constitutes a strict no-trade zone until the weekly close provides structural confirmation.
Execution parameters for both breakout and rejection scenarios are in the TradingView trade post. Link in bio. #BankNifty #Nifty #nseindia #NiftyBank
Disclaimer: Personal observation of technical structure. Not a buy or sell recommendation. DYOR.
@RCBTweets What a frustrating innings to watch from Jitesh. Absolute let down in as many games he has played.
Whats also the point of playing Romario when he is not a genuine allrounder? Why keep Bethell on the bench and why not bring him instead of Romario?
Gold Futures (MCX) 4H structural observation.
#MCXGOLD#Nifty#Gold#nseindia
Price action is compressing within a barrier triangle following an impulsive advance. The geometry suggests a continuation setup.
Trigger: Break above 155,065.
Target: 165,100.
Stop: 151,225.
Disclaimer: Personal observation of technical structure. Not a buy or sell recommendation. DYOR.
VeerappaK: "Couldn't have asked for a better start to the weekend. Its RCB!!!! Came home early from office to watch the game while grabbing some popcorn on the way only to see that its raining and the toss is delayed?? Rain rain please arrive after the game, and let them play." -- Well, at least you have something to tuck into while we wait for the rain to relent...
RR vs RCB, IPL, 16th Match https://t.co/hh5avL3VNA
Watched your discussion on Bloomberg today ,really enjoyed your take on how the markets could play out if the war stretches into July. Your whole analysis was incredibly valuable and insightful. Much appreciated! Well done.
@ENPancotti@business@JMathieuReports
Cipla weekly chart: ABC zigzag correction going on. Wave C moving down in 5 waves, target near โน1,184 support zone.
Price below 200-WMA, RSI oversold.
Possible small bounce, but reversal needs bullish divergence.
Full analysis in my TradingView article. Link in bio
#CIPLA #Nifty50 #TradingView #nseindia
Maruti Suzuki hit key support at โน12,966 today โ gap filled + time symmetry in play. Reversal brewing or one more leg down? Chart attached. Detailed Elliott Wave analysis on my TradingView profile โ link in bio! #WaveXplorer#Elliottwave#nseindia#TradingView#nifty50 #MarutiSuzuki
#PFC Ltd looks to be forming a base near 329 after a possible W-X-Y correction. Price is now approaching a key supply zone while RSI has reclaimed the 50 level. A breakout of the channel and supply could signal a trend shift. Detailed analysis on my TradingView profile.
#WaveXplorer #Elliottwave #nseindia #TradingView #Nifty50
Kalyan Jewellers India Ltd. | Daily
After a corrctive rise, price is moving inside a descending channel.
Currently around the 0.5 โ 0.618 Fibonacci retracement zone.
Watching how price behaves near the channel.
#WaveXplorer#Elliottwave#nseindia#TradingView#NiftyFifty #nifty50