NIFTY LOOKS BEARISH

Feb 13, 2022

As we saw last week the market remained extremely volatile . We saw a huge sell on Monday & Tuesday later it covered till 17650 followed by a sell off on Friday. The market all around the world continues to be in correction phase with negative news.

NIFTY is currently trading around the zone of 17300-17400 , once it breaks 17300 we may see 17200-17080-16890

On the upper side Nifty is expected to face major resistance at 17450 levels followed by 17700-17800. We are expecting this correction to continue this week

If nifty drags down below 17000 and continues to sustain below that
we may witness 16800-16500-16200 soon

Feb 14, 2022

Note

17200-17080-16890 DONE

Feb 14, 2022

Note

WE MAY SEE SOME BOUNCE BUT OVERALL VIEW IS NEGATIVE... USE BOUNCE TO SELL

Mar 6, 2022

Note

Last week the market remained extremely volatile . Nifty traded betweek 16815 & 16133 on weekly time frame it has made a bearish candle .

NIFTY is currently trading around 16245 ,

IF NIFTY BREAKS PREVIOUS LOW THEN
NIFTY may test 16030- 15950-15850

On the upper side Nifty is expected to face major resistance at 16450-16500-16650.

IF NIFTY STARTS TAKING SUPPORT @ 15900-16000
DONT SHORT, WAIT FOR PRICE ACTION TO FORM SO THAT WE CAN GO LONG