NIFTY FOR UPCOMING WEEK 01 MAY TO 05 MAY 22

1 мая 2022 г.

Hello everyone this chart technically measured and filtered by team INFINITYX.

POSITIVE:-
1. PCR- Monthly 1.16 Weekly .86
2. HDFC, RELIANCE, TCS BULLISH.
3. Russia Ukraine war may finalise soon.
4. Good GST collection expected.
5. CRUDE OIL PRICES STABLE.

NEGATIVE:-
1. World market closed negative.
2. Rising US BOND.
3. Crypto currency’s closed negative.
4. War still on.
5. Rising inflation.
6. Rising COVID.
7. GDP.

LEVELS FOR WEEK.
STRONG RESISTANCES:-
These 3 levels for week and 1 for month⬆️ 17188 ⬆️ 17549 ⬆️ 17950 ⬆️Max upside for May month 18927.

STRONG SUPPORTS:-
⬆️ 17003 ⬆️ 16835 ⬆️ 16620 ⬆️Max down for the month 15520.

SMART PICK FOR MONTH:-
Go long with.
1. SUNPHARMA LTP 927, TARGET 1060, SL 887
2. PVR LTP 1880, Target 2230, SL 1820

Go short with.
1. GNFC LTP 827, target 716, SL 853.
2. ASIAN PAINT, LTP 3237, TARGET 2967, SL 3306.

HOW TO TRADE WITH CHART:-
1. Wait to break any side level mentioned on chart let close 2, 15 minutes candle above or below.
2. If bullish then closed above if bearish then closed below.
3. Keep in mind 3 levels should be in a row.
4. Go for next level.

NOTE:-
1. Soon we will get registered with SEBI.
2. We have positions in above mentioned stock.
3. If you interested with above mentioned SMART pick you can consult with your financial advisor.
4. Trading is subject to market risk. Learn about market risk and reward b4 trading.
5. If you want to check our accuracy you can go through our 250+ chart.
6. If you want to learn indicators, chart formation, candle stick, Greek, etc. it’s totally free you can visit our workshops.

Greetings.
Eid Mubarak and happy trading, have profitable week.