{"id":2340,"date":"2024-02-18T18:10:33","date_gmt":"2024-02-18T18:10:33","guid":{"rendered":"https:\/\/fintechcentre.in\/articles\/?p=2340"},"modified":"2024-02-18T18:10:33","modified_gmt":"2024-02-18T18:10:33","slug":"things-to-notetradersinvestors-19-feb-2024-mon8-20am-clone","status":"publish","type":"post","link":"https:\/\/fintechcentre.in\/articles\/2024\/02\/18\/things-to-notetradersinvestors-19-feb-2024-mon8-20am-clone\/","title":{"rendered":"Things to note(Traders&#038;Investors): 19 Feb 2024 Mon,@8.20AM Clone"},"content":{"rendered":"<body>\n<ul class=\"wp-block-list\">\n<li>Nik, Dj, Vix<\/li>\n\n\n\n<li>Oil,\u00a0 Gold, Bonds, Dollar,<\/li>\n\n\n\n<li>Nifty:%;Candle:OGU,Doji; Bank Nifty:% Candle:OGU,Doji ; HB:OGU,Doji,1433,<\/li>\n\n\n\n<li>Nifty :Supp Rest<\/li>\n\n\n\n<li>Banknifty:Supp Rest .<\/li>\n\n\n\n<li>Gift Nifty:%\u00a0 \u00a0 \u00a0FII Long38%FutCash;253;Opt94%<\/li>\n\n\n\n<li>OI data Nifty \u00a0( max pain W22000M)<\/li>\n\n\n\n<li>OI data Bank Nifty Nifty(max pain W M)<\/li>\n\n\n\n<li>News:<\/li>\n\n\n\n<li>Events\/Results:CIE Automotive India will be in focus ahead of its December quarter earnings on February 19.<\/li>\n\n\n\n<li>The NSE has added National Aluminium Company to the F&amp;O ban list for February 19, while retaining Aditya Birla Fashion &amp; Retail, Ashok Leyland, Balrampur Chini Mills, Bandhan Bank, Canara Bank, Delta Corp, Hindustan Copper, India Cements, Indus Towers, SAIL and Zee Entertainment Enterprises to the said list. Biocon was removed from the said list.<\/li>\n\n\n\n<li>Market wrap up(DWM,T,N,E):<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The market maintained an upward journey for four days in a row as bulls gained strength and brought the Nifty 50 very close to its previous record high of 22,127. Most of the experts expect the index to surpass the said record high in the coming sessions with resistance at 22,200-22,300 area despite consolidation. However, there was a kind of \u2018spinning top\u2019 formation on February 16 (the bearish reversal pattern) which has less significance at current levels. Experts believe 21,900-21,950 is likely to be immediate support for the index, followed by 21,750. On February 16, the BSE Sensex was up 376 points at 72,427, while the Nifty 50 rallied 130 points to 22,041 , A small positive candle was formed on the daily chart with gap up opening and with minor upper and lower shadows. Technically, \u201cthis pattern indicates a formation of spinning top type candle pattern at the highs, which are normally associated with top reversals. But, having formed this pattern after a minor up move and a formation within a broader high low range movement, the predictive value of this pattern could be less\u201d, Nagaraj Shetti, senior technical research analyst at HDFC Securities said. He, however, feels that though Nifty is placed near the crucial overhead resistance of 22,125 level, there is still no indication of any significant reversal pattern building at the highs. Hence, \u201cthere is a possibility of some more upside towards the new all-time high of around 22,150 level before showing any selling pressure from the new highs. Immediate support is at the 21,920 level,\u201d\u00a0 In Nifty, the price has also consistently closed above the 21-day EMA (exponential moving average \u2013 21,740) for the last few days, indicating a positive trend. On the daily chart, Nifty has been trading in a bullish ascending triangle pattern. In the short term, the index can move towards 22,200 and a move above it can take it to 22,600. Support on the lower end is placed at 21,750,\u201d Arvinder Singh Nanda, Senior Vice President at Master Capital Services said.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"625\" height=\"543\" src=\"https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image-13.png?resize=625%2C543&#038;ssl=1\" alt=\"\" class=\"wp-image-2369\" loading=\"lazy\" srcset=\"https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image-13.png?w=812&amp;ssl=1 812w, https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image-13.png?resize=300%2C261&amp;ssl=1 300w, https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image-13.png?resize=768%2C668&amp;ssl=1 768w, https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image-13.png?resize=624%2C543&amp;ssl=1 624w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/figure>\n<\/body>","protected":false},"excerpt":{"rendered":"<p>The market maintained an upward journey for four days in a row as bulls gained strength and brought the Nifty 50 very close to its previous record high of 22,127. Most of the experts expect the index to surpass the said record high in the coming sessions with resistance at 22,200-22,300 area despite consolidation. However, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-2340","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/2340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/comments?post=2340"}],"version-history":[{"count":6,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/2340\/revisions"}],"predecessor-version":[{"id":2370,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/2340\/revisions\/2370"}],"wp:attachment":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/media?parent=2340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/categories?post=2340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/tags?post=2340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}