00:05Today it is looking like a new location and the market is looking like Bhitwa Seech, the market is not scared of it.
00:17I think this is going to be a good thing, you can call it a little hope because
00:27There are two indexes which have something like this
00:30In which perhaps we can say that from here we can take a minor positive approach towards basic resistance.
00:37We will not change what we have kept. Whatever positivity you want to take, you will take it from there only. This much is certain till the end.
00:44That's a low price
00:59One can take a chance that Nifty goes up from here, there is a minimum support near 23,950 but
01:10Still the setup is such that a chance can be taken and we keep the stop loss at 23,300-200.
01:20Whoever on a plodding basis can do a trick, it seems
01:24I am not very confident but the setup is such that a minor bounce is possible.
01:46This minor bounce may last only till then or may go beyond that.
01:51Till now we are keeping it there, not keeping it above that, take the latest pattern now which is 23
01:59He will keep 300-200 rounds as long as he can shell them.
02:03With a pinch of salt so have to take this view Vic today is Friday weekend is closed
02:09We
02:11So even if a small reading is taken, it is taken with a pinch of salt.
02:16But it is what it is, the data is such that there can be minor positivity from here.
02:22Is
02:22S Long S This support holds Nifty plus the two indices that we will discuss now.
02:30That support will have to be cooled in the index as well
02:35So the point is whether the basis of this optimism is just technical or are some others watching you as well?
02:43There are those who are supporting it that defeat is fine, the boil should be kept on top.
02:50There is no other factor other than Vikas which is the main factor which is the driver of this market.
02:57There is no solution to the factor yet nor is there any negotiation.
03:20So if this is a purely technical matter and if the latest news is coming from America
03:30from the side of
03:30We do not have any situation like de-escalation from that side or from Iran's side.
03:37The danger is that it may escalate again, so keeping this danger in mind, if the market
03:44Even if you maintain a little optimism, it will be a true
04:00What will happen, Raji ji, this point of yours is for discussion, not that there can be escalation there.
04:08I guess there are so many immature statements that no decision can be taken there.
04:14I will take it in one moment and the next moment too
04:19that are very close to those statements, I don't think any politician in the US
04:28Or I am not in a position to trust them, Vikas, now his immature behavior is very very immature behavior.
04:37to us who
04:47That if we talk about it, the war could restart because of the frustration that Trump has.
04:55Even if we want, we are not able to control Iran, so if someone gets so frustrated then anyone
05:00Possibility of taking insane decisions
05:16Work with it and focus on sector specific, stock specific investments in small cap and indices management in it.
05:36Let me keep it aside for now, we can discuss the level for trading and for investment.
05:45The stock can go down exactly as you have done, so keep stoplosses around 120 to 300 levels.
05:52I talked about this, we had a discussion earlier that yes, not much but still with a little difference
05:58There is a gap left, this gap is
06:13If we are being optimistic now, are we assuming that yes, this gap
06:18It doesn't matter much now, or sooner or later it will come back in a brownish way to fill the gap.
06:27In our last discussion, I explained why there is a possibility that this gap could be too much.
06:35Is
06:35Because there may be some weakness in the bank and there may not be much correction.
06:45This is what I am telling you about today's data. Today's data is about the bank.
06:52I am saying that for one shot the bottom has become 52,800 pay remember very clearly 52
06:59We did all the retracements around ,750 and the pattern was discussed as to why this
07:05Where should the bank get support from, but we do not have complete data, today each indicator is this.
07:13He is saying that no, the short bottom is in place, so this is a positive factor and the bank
07:20Banking and Financial Sector
07:23If we place a large bet, then for two moments we will move on by taking it as a negative and assuming that it has become supportive of Nifty.
07:29For and for now this gap probably can't be filled because there's a small hitch.
07:38The same hitch we have become that nifty little butt
07:46Very effective resistance, which is small but very effective resistance, is being made for Rs 24,000.
07:58This is a small problem but it is a very effective resistance and incidentally there is also a small
08:06The same gap is created.
08:16So then maybe it'll pull back a little bit faster our tort seventy four thousand five but that's a
08:25A small resistance is formed net, if I try to explain it to you Raji ji then the data is a little convoluted and confused.
08:35But if we look at the gap from April 8th till now, what has happened from there
08:46There is a trend, I will be tempted to set up a parallel channel, whether he does it or not is yet to be seen.
08:53Let's try it but my temptation is...
09:02That this top is not exactly on the line but still took a direction
09:08According to this, the trend line of this channel will be formed around the upper twenty-four three hundred.
09:15Will it go anywhere? Will it become a resistance again?
09:22But three hundred points above that, we will again see not one but resistance from this trend line.
09:27Actually, the channel you have created is in very good shape, you must watch this channel.
09:35So one should do two Tutwar Thajin Fa�
09:50There should not be any doubt of any kind in this, it is a very good channel, so right now it seems like this
10:01I am thinking that yes, it might fly back from the lower end of this channel and go up towards it.
10:06I am trying to do it but if I climb quickly then
10:19So even if there is a little deviation, do not infer much from it, but this channel tells you this.
10:28The more you go near this channel or even cross it, then after that a lot
10:37Not optimistic
10:38Inje
