Nifty Next at 30,000? This Sector Double-Bottom?? Review Preview

[00:06] so if you are wondering what we are going to watch in this video, we are look at a review with an index instead . Look at that, So Fulla. So let's see how the First Nifty is doing now. If you look at the Nifty, the market has come to us and has closed at 24187

[00:22] . You . So, all this is resistance for you, and . The market has recently turned this into a hit, and now it's

[00:35] turned this into a hit, and now it's become a sideways farm in this place. Somewhere around 24,000, that 400 to 500 range came and a strong level of resistance came and the market got fixed. Right now,

[00:47] . If you go to a lower time frame, you'll get a little more detail. But most likely you would have known it by looking at the previous structure of Nifty.

[01:01] . Once this triangle is completed and breaks out, may get a big momentum for you at this same level. So no matter how you look at it, if it breaks and goes higher, it's almost a Nifty move back to that 30,000 level. So given the

[01:17] long-term momentum of the Nifty, stock market has reached 26,000, what will the market do if it breaks? Expect a big market momentum. Now it is

[01:34] sideways. If you go to a lower timeframe, you will know. If you

[01:51] market has broken out on a channel. Not only the channel, but only the channel, but we

[02:09] . So, the market was previously trading within this range , and now that range has broken out, forming a sideways pattern at this point . So, most likely this is what we have now.

[02:21] see, 24,500. So, these 24,500 are the ones that have come to us and are acting as a major resistance . If once it breaks 24,500, then the next thing we expect is to hit that 26,000 mark. That

[02:35] range has a high chance of going back to the top. So we've been . If take it and come back to it. Where is this coming from? The

[02:51] level of the price is exactly 26250. So what was the market showing you when it came to normal? Now this wave has come, this wave is the correction phase of the wave. The correction is complete and now there is a breakout

[03:05] The market is in a sideways trend . Once this 24,500 level is broken, the next market will rally. How far is the rally Where is the next major resistance? Last day, this major resistance was at

[03:20] 26250. This is the level for Nifty. Technically, the this range. So most likely,

[03:36] not saying buy calls. மார்க்கெட் இப்போதைக்கு டெக்னிக்கலா இதுதான் இருக்கு. consult your financial advisor and then take a trade. The isnaar calls is tushow how is the technical market?

[03:49] where the next resistance levels are. Don't take it as a call right now. For now, ட்ரையாங்கிள்ஃபார்மேஷன் உள்ள இருக்கு. It's

[04:04] breaks, our expectation is that 26,250 will be your resistance, so this is Nifty. Next to Nifty, another index is now bottoming out. If you look at it, it's Nifty.

[04:20] Everyone knows Nifty. A terrible peak had arrived. So where did Nifty come from? Correct, major double bottom. So this is a major double bottom. So when we

[04:35] come across this and say it's cyclical bottoms . சோ மார்க்கெட் வந்து சைக்ளிக் பாட்டம்ஃபார்ம் ஆயிடுச்சு. If you look here in the middle of that, this is what

[04:47] what exactly happened? There must have been a time when everyone was thinking that they could make a pie out of that 25,000 when the market came the market has arrived. From there, take it down a little and ask yourself, what happened to this market? You came to the stop loss, triggered it, and

[05:01] then how far did the market go from there ? What happened to these people when the market moved 4,000 points up to that range of almost 29,000 ? stop hunting. So, why are they doing this? This is where

[05:15] all the retail traders place their stops . Now, if big institution will come and change their entry points. Because now they can only make pies in this place if someone comes and makes a move. If everyone buys a pie, who will sell it? Then they will get orders,

[05:29] . So what would they do after placing that order? They what would they do after placing that order? They wouldn't do it in the index, they would go and look at the stocks,

[05:42] take the top 10 stocks that are in the Nifty ID, see if they can manipulate anything in those stocks, and then use that to execute the trade have been buying stop-loss orders on Nifty Idol in recent times. So if you look now, the market has recovered after making a double bottom . Now, for many people, this is okay.

[05:56] stop loss. Will it continue to rise from here? No, this is the time to wait. Because these two ranges have reached an important range. As long as the Nifty ID

[06:08] remains within this range, this is you can see that there was a big spike before this.

[06:21] So what if they come to this place and make good use of the zone and making accumulation institutions, they would have been

[06:35] they will have entries to hunt, hunt, hunt, hunt . இன் ப்ராப்பர் இருக்கோம். After hitting the stop in the IT stocks, all their entries were their entries were filled, and then the

[06:47] market moves from 39 to 40,000. If this move is automatic, the majority of the important stocks are in the IT push-off. So your stop loss triggering will be very high no matter what. So my

[07:02] suggestion is that those who are in IT stocks based on Nifty should wait for this range . It's better to ask your financial advisor for good IT stocks after the break your financial advisor for good IT stocks after the break

[07:16] . Until then, it is not advisable to the index and see what the index is doing now, it is right now, it is better to be cautious once the

[07:33] you can consult your financial analysis or your research analyst on individual stocks and make a plan on which stocks to invest in and take a decision. But right now, Nifty is in a good sideways market. Don't get caught in this hype.

[07:45] Nifty is in a good sideways market. Don't get caught in this hype. Everyone will run away. They will leave this cap. They will be waiting for everything. When you stop loss hunting unnecessarily. So, try to avoid entering into the

[07:59] stop loss zone. When this reaches the sideways zone, the market will trend only after this ends. Wait for the trending, then you will trade it better, this is Nifty, so how are they hunting for a stop loss like this,

[08:13] what are they doing as an institution, you may want to know about all this, but we can . சோ அந்த நியூ சீரீஸ் வேணும்னாலும் கீழ நியூ சீரீஸ்ன்னு டைப் பண்ணுங்க. டெபனிட்டா அதோட இத வந்து நான் லான்ச் பண்றேன். ஆல்ரைட் சோ this is

[08:27] நாட்கள்ல மார்க்கெட்ஸ் எப்படி இருக்குன்னு பார்கலாம். I hope this video was யூஸ் and thank you very much for ஜாயினிங் டேக் careே.