Weekly & monthly Levels are already posted on Monday and there is no change in it. A daily call doesn’t deem necessary. So, I conclude here for a week, and if any major changes noticed will be made new posting. Nifty is trading a 1100-points gain with a higher PE above 23 now, so most of the constituent components are at peak now. In stocks whenever there is an opportunity come, I will also notify accordingly. Nifty & BN levels marked below. It is all a same posting and people doesn’t express much interest in it & showing tedium. Maybe they are getting a similar or better call somewhere else. Anyone can access these posts is a good idea, but it is also having its pros & cons. It is observed that, there are boarders in forum are members for years, doesn’t have any contribution to the forum, neither they follow anything, not even a penny stock nor they have any post or follower, artlessly enjoying the free tips. And if not satisfied they just don’t bother rebuke, and again they can come in different names. it should not happen anymore. Take care?
Nifty:8963 will face resistance at 9004 Not going above this level is also BEARISH, TAKE CARE! Support 8860 Below 8804 only a bearish sentiment will be dominant. Nifty already made a lower low in minor time frame. But a pivot low is at 8710 So watch keenly the levels 8860,then 8804 & 8710,break below that is certainly a lower low and bearish too. This week a move above 8920 (already crossed) will take us to 8960 _9030?? & for the month if nifty trading above 8940 (already crossed) it can go 9040_9130 _9210 & 9290
BANK NIFTY: 20663.will definitely face resistance at 2800. And trading above 20800 will make it 20865 for the week And for the month, if successfully trading above 20795 can leads to 21890 Trend Line support marked 20423 now must be the Stop loss for long. Below 20423 a bearish sentiment will be dominant.
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The broader market is waiting for an event or news and may go side way for some time. Sideway way Market is bore some and make a repeated view for many days. Nifty: 8924 will face resistance at 8970 & 9008 now A firm close above 9000 can take nifty to 9130_9210 & 9290 level. Nifty made a lower low in minor time frame, and yesterday it made a lower high even A break below 8710 will definitely a lower low in daily candle, and expect market to go further down. Support 8850 now so be watchful for the level 8850_ 8804 & Below 8710 only a bearish Sentiment will be confirmed.
Hope my viewers are getting the updates. I request you all, please acknowledge some time, your feed backs, comments & supports are highly appreciated.
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@venkaticr That is what I mean, by side way move today.
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SaurabhMehra
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@padiyaraa - Great analysis on NIFTY. I actually went back and read most of your previous analysis, very well descripted. There are very few members here who give as deatailed logic as you give in your analysis.
Keep on the good work!
Nifty:8947 below 8930 will see 8900 & 8870
will face resistance at 8970 & 9008 now
A firm close above 9000 can take nifty to 9130_9210 & 9290 level.
Nifty made a lower low in minor time frame, and yesterday it made a lower high even
A break below 8710 will definitely a lower low in daily candle, and expect market to go further down.
Support 8850 now
so be watchful for the level 8850_ 8804 & Below 8710 only a bearish sentiment will be confirmed.
vijayan0018
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@padiyaraa,
8970 resistance ok
padiyara
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@vijayan0018, Actual range was 8892 and top 8957, ie: the first supp:8900 and first res: 8970
it is hardly 10 points away.
vanathi
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All type of people make the forum more interesting.
@padiyaraa, I have seen people in person asking me 1. how people lose money in sharemarket? 2. There wil be two lines. price moves above means buy, below means sell. Trading is so simple. 3. mutual funds always give jackpot money. 4. once you put money in share market, it grows like a gaint. As share market has taught me patience, I can reply with out getting irritation.
padiyara
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@vanathi,
True, but nothing like irritation. the forum is for everyone, then we can expect all type of people. when an unpleasant thing happening we get Alerted,
rethink and find solutions etc. I feel like only the followers should be allowed to open the message and read full content,all others should be allowed to see the preview only.
I am not at all bothered the issue, if any one of my follower make any comments, because, they at least check some of my posting and give some value, and think why ,
or what I am posting here. But a layman lingering around to get free tips, with out knowing the facts commenting on someones posting is something queer. They showed their irritation. Not me. :D
vanathi
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@padiyaraa, Any great trader's analysis is 70% correct, 30% wrong. Some people randomly choose tips and the tips fail. Thats why they get irritated.
Keep on the good work!