Fin nifty is forming a head and shoulders pattern and it can go up to 19277 as par the pattern. Better to be neutral and trade with the market direction. BUY Above 19480(FINNIFTY 19400 CE) Target 19540,19627,19692 SELL Below 19373 (FINNIFTY 19300 PE) Target 19336,19297,19256
Good morning! As of May 17th, the global market has shown a neutral to slightly negative start with a bearish market nature. There may be a gap-down at the beginning, and there is a possibility of sub-wave three. If it sustains, we can expect a continuation of the correction with minor consolidation. On the other hand, if the market declines sharply at the start,...
There was a fall of 306pts ~ 0.7% between 14.40 to 15.20, even then banknifty does not appear as negative as Nifty50 after today's session. The options traded on banknifty CE side was really commendable, but nothing like Nifty50 CE strikes. In the same comparison period N50 only fell 0.61% but the preceding price action is what makes it more bearish than...
"Good morning! As of May 16th, today's sentiment remains the same with no significant difference compared to the last trading session. However, the global market has shown a positive start with a moderately bullish nature. There may be a gap-up at the beginning, and if it sustains, we can expect a continuation of the rally with minor consolidation, but it should...
Fin Nifty Expiry View Both side levels. For Educational Purpose only.
finnifty looks like gaupup opening and from there it can fall and take support at 19450 level and bounce from there. BUY Above 19540(FINNIFTY 19500 CE) Target 19579,19623,19692 SELL Below 19445, (FINNIFTY 19500 PE) Target 19386,19337,1927,19256
"Good morning! As of May 15th, there is no significant difference compared to the last trading session. The global market has shown a negative start with a moderately bullish nature. It may begin with a gap-down, and if the gap-down sustains, we can expect a correction with minor consolidation. On the other hand, if the market sharply pulls back at the start or...
FINNIFTY forms Cup and handle pattern on weekly time frame
finnifty is in consolidation and it didn't break previous day's low. so possibility of up move if it's not going to break yesterday low. BUY Above 19458(FINNIFTY 19400 CE) Target 19500,19579,19623. SELL Below 19370, (FINNIFTY 19300 PE) Target 19337,1927,19256
"Good morning! As of May 12th, the global market has shown a negative start with a moderately bullish nature. It may begin with a gap-down, and if the gap-up sustains, we can expect a continuation of the correction with minor consolidation (sub-wave 5 wave structure). On the other hand, if the market sharply pulls back at the start or rejects the immediate support...
"Good morning! As of May 11th, the global market has shown a positive start, with a moderately bullish nature. It may begin with a gap-up, and if the gap-up sustains, we can expect a continuation of the rally with minor consolidation. On the other hand, if the market declines sharply at the start or rejects the immediate resistance zone, that's a sign of a...
"Good morning. As of May 10, the global market has shown a slightly neutral to positive start, but it is currently moderately bearish in nature. It may begin with a gap-up, followed by a minor pullback (sub-wave B or 2nd wave) as per the market structure. Once it reaches its fib level, we can expect a correction (sub-wave C or 3rd wave). Alternatively, if the...
"Good morning. As of May 9th, the global market has shown a slightly neutral to negative start, but the market is currently moderately bullish in nature. We may see a small gap-down at the start; after that, if there is a sharp pullback, the rally will continue. On the other hand, if the gap-down sustains, we could expect a minor correction with a three-wave...
I am still keeping my hopes pinned on the Fibonacci levels marked as in the chart below. 43739 recent swing high, 42581 last session swing low and 43296 the 61.8% retracement level. It really looked like a short-selling setup as the bull momentum faded out after 11.15 - we went up 1.46% ~ 622pts today but it really felt like the thrust to go up further was...
"Good morning. As of May 8th, the global market has shown a slightly neutral to positive start, but the market nature is bearish. We may see a small gap-up at the start, and if it sustains, we could expect a minor pullback. If it reaches the key zone, we can expect correction continuation. Alternatively, if it sustains around the key zone, that's a sign of a range...
Nifty financial services is looking ready for major upside moves in coming days , as long as it stays above 18.5k levels , finance index looks great to hit new all time highs .A good bullish cup and handle is formed in the index and A confirmation breakout above current high of 19800 will take index towards targets of 20800/22800/25800 in coming days , view will...
"Good morning, as of May 5th, the global market is showing a slight negative trend, but with a bullish sentiment. We may see a small gap-down at the start, but if the market exceeds yesterday's high, it could signal a continuation of the rally. However, if the gap-down persists and breaks below the 38% Fib level, we can expect a correction."
"Today, May 4th, the global market is indicating a negative start with a moderately bullish market sentiment. It may begin with a gap-down. Structurally, there is a range-bound market, so we will wait for the range breakout. The high probability is a downside breakout, and I have given two variations, both describing sub-wave 5th. Once the 5th is finished, we...