India Cement
Trendline Breakout Retest

Next Sz is marked in Red

Page Industries

on The verge of Breakout
Let's wait for proper Confirmation

Ultratech Cement

Breakouts and now Price is going for Retest

PIIND is struggling

But will see Good Move once Market is Stable

Happiest Mind also near Trendline Breakout area
This Trendline is coming from 2022

Breakout of This will push Price Higher

Index View After 9:45 am!

BNF prognosis 25 June

BNF dipped to the cost basis at the 51200 - 51140 zone, where the trapped shorts, as expected, were 'bid to cover' and supported the market. This price stability saw wholesalers, retail investors, and finally the few new shorts who entered when the price dipped below the previous day's low, turning buyers. This three-tiered buying led to a 600+ point rally.

The best indicator of new shorts in the system is the presence of 'Singles.' As mentioned in the post yesterday at 14:21, the trapped shorts at the 51450 - 500 levels could see the market moving towards 51620; and the markets were generous—they almost kissed 51800.

The see-saw between the late longs (51500 and above) and trapped shorts is ensuring that trapped longs are not letting the market go higher—they square off their positions; and trapped shorts are not letting the market go down—turning buyers as soon as the market reaches their cost basis. The key cost basis zones are 51600 - 51700, 51350 - 51450, and 51200 - 51100.

Today, sustaining above 51500 and then clearing 51800 could lead towards 52K. However, sustaining below 51500 and clearing 51450 might test the support zone of 51200 - 51100. Likely a rotational day within broad range of 52000 - 51100

Paytm

Should we buy at CMp
Or 380 levels
Ya 350 levels

Avanti feeds
Intraday

Only above orange🤞

Olectra
Intraday

Only above orange🤞

52K done. Caution now. At this stage, late longs may hold a little longer, leaving trapped shorts nervous. Can move either side.
Sit back, relax, and watch the show rather participating here, unless one is very tight with stops

#Nifty 23500 se above we have Good OI build up Resistance !

#Banknifty 52000 se above we have Good OI build up Resistance!


In-short I am not Bullish
waiting for some Reversal Confirmation.

Update
T1 done☘

Gmdc
Intraday
Above orange🤞

T2 done☘