$ For The Trade $

NIFTY ANALYSIS

After falling around 1.3% nifty closes in green with 0.89% gain.

Last whole week nifty and bank nifty traded in tight range and on Friday there was huge volatility.

Good morning, all

NOFTY DAILY CHART 📉📈 ✅

NIFTY WEEKLY CHART 📉📈 🔥 ✅

💫 Market Metrics: Weekly Roundup ⭐ Sensex: 82,113.12 ⬆️ ⭐ Nifty 50: 24,768.30 ⬆️ ⭐ Nifty Bank: 53,583.80 ⬆️ ⭐ Nifty Smallcap 100: 19,407.30 ⬇️ ⭐ Nifty Midcap 100: 58,991.55 ⬇️ ✨ Market Performance Key Takeaways For The Week 🌟 The markets witnessed a dramatic week of range-bound trading and a sudden burst of volatility on the last day while the benchmark Nifty 50 ended with a strong gain of 0.89% and closing at 24768. 🌟 While the market sentiment continues to remain bullish for a fourth consecutive week, 24650 - 24600 could now act as immediate support, followed by 24500 as critical support level, while immediate resistance can be anticipated at 25000 and stiff resistance in the 25125 - 25200 zone.   🌟 The market participants are advised to stay focused on identifying the next performing theme for potential gains as the markets have seen a solid recovery from recent lows and the ongoing "Santa Rally" could present stock-specific opportunities. 🌟 BANKNIFTY concluded the week on a positive note, ending with a marginal gain of 0.14% and closing at 53583 while the outlook is now for the index to move towards the 53850 level. The resistance is now anticipated at 53800-54000 and a breakout further could trigger a rally towards all-time highs and then into uncharted territory. On the lower side, 52750-52500 is expected to serve as a robust support zone. ……………………………………………………………………………………………………… ✨ News Highlights For The Week 🌟 Zomato receives tax demand of Rs 803 crore from GST authorities 🌟 Adani-owned Ambuja Cements commissions 200 MW solar power in Khavda 🌟 TCS announces partnership with Landis+Gyr to deliver next-generation energy efficiency solutions 🌟 JK Tyre to get 30 million euros long term loan from German entity 🌟 No problem with Adani funding Colombo Port project: Sri Lankan minister ————————x——————— Disclaimer: https://bit.ly/3usSGoH  Sources: Angel One Research | ET | FE | FE | BS | BS | Date: December 13, 2024 -x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-

Viral News " February me Hoga RBI Rate Cut? Dec Inflation Data Shows Easing of Inflation Inflation → 5.5%, Nov Data. (Down from 6.2% in Oct) Food Inflation → 9%, Nov Data. (Down from 10.9% In Oct) Food Prices Dropped by →0.6% Retail Inflation Dropped by →0.15% Where are you investing today? " "Steel Worries for Investors Nifty Metal slips 2% on Intraday SAIL, NMDC → Down over 4%, Tata Steel → Down over 2% Reasons for the Fall Profit Booking Weak Sentiments What are your best “Steel Stocks”? " "Freaky Friday at Share Market SENSEX Crashed by → 1000 Points NIFTY Below → 24,250 Reasons for crash Stronger US Dollar Rising US treasury yields Disappointment in Chinese economy " "Premium Quick Commerce is the Next Big Thing! FirstClub, a quick commerce startup targeting 10% of Indians, raises $8 million Business Goal → Target the families in metros earning more than 15 Lakhs/Annum Products → Packaged foods fresh foods Bakery Dairy Nutrition Delivery Channel → 30 Min Operational Cities → Bengaluru (1st Priority), Delhi & Mumbai (second phase) Founder Alert → Former Flipkart Senior Vice President Ayyappan R " "Vishal Mega Mart IPO → Issue Ends Today Day 2 Subscription → 1.53x NII portion booked 3.8x GMP on Friday → Rs 22. Are you subscribing? " "Emerald Tyre Manufacturers shares hit 5% upper circuit after listing at 90% premium on NSE SME Issue Price → Rs 90 Per Share Listing Price → Rs 180 Per Share Company’s MCap → Rs 369.08 Crore Did you Invest? " Zomato shares fall 5% in 5 days; receives GST order of over Rs 400 crore Adani Green Energy commissions a 250 MW solar power project in Rajasthan; Stock up 7% Tata Motors to hike commercial vehicle prices by up to 2% from January 2025, Shares fall for third straight day Ashok Leyland wins order worth Rs 345.58 crore; shares trade lower Reliance Power shares jump 5% as arm bags 930 MW contract from Solar Energy Corp Data centres to attract investments of $100 billion by 2027, capacity to reach 2070 MW by the end of 2025: CBRE

Rupee hits record low, RBI intervention counters bearish tilt#stockmarket #financebaba #finance #nifty #sensex #investing

Zomato shares in focus as GST department slaps Rs 803.4 crore tax notice

Let's see what happens in the market today

Today's closing is important in both the index

Bank nifty made an indecisive candle and looks less strength in buying momentum

PCR is 0.8 around ATM and 0.77 which is neutral but if we see the OI chart, call side is much more heavier and no support below 24500