Good Morning! As per Nifty’s positive chart setup, it is being expected that there’s a probability of witnessing a sharp movement of either side in this week, where we are somehow quite optimistic for the upperside. Yet on a safer note, stay cautious and continue being stock specific for this week, as it is during this time that we might get to know a lot about...
Good Morning! As had been witnessed yesterday, Nifty was successful in crossing over, sustaining and in finally giving a stable closing of above 17300. So for now, the previously mentioned support level of 17085 can be trailed up to 17270. Moreover, on a positive note, the market now seems to have taken a turn towards its next Resistance level of 17650. Cherry...
Good Morning! As we can see, the Market currently seems to be at a very crucial stage, i.e. at around the level of 17630. Wherefrom, it can either take a sharp rise towards the level of 17900 or can undergo a sharp fall towards 17300. So, Today will somehow be a very crucial day for the Market, for us to see that finally towards which direction would Nifty...
Good Morning! On Witnessing a beautiful bounceback in nifty around its previous support level of 17650, it seems like it has now become very important for the Market to sustain above the level of 17820 for the first 2 hours, today. After which, we can expect to witness a short recovery of upto 17900 - 18300. Hoping for the best. Moreover, as it’s a Month of...
Good Morning! Just as we had stated yesterday, similarly, we could see how crucial the day was yesterday for the Market. Where Nifty’s Trailed Support level became a Resistance for the Market, as it made a high of approx 18129 yesterday itself and ultimately we witnessed a closing of around 17938, that is above the yesterday’s stated level of support. Now it...
Good Morning! What else can be a better start than to share that what a commendable alert and a pre market awareness it was from our side, to stay cautious if the Market fails to sustain above 18300 during the first 2 hours, yesterday. In adherence to which we did definitely witness how after being unable to sustain above the stated level, #Nifty had tumbled down...
Good Morning! As it was very much apparent, we have seen how Nifty has given a closing at a very crucial level of 18308.10 on the previous day, which however is very close to our stated level of Resistance of 18300. However, we are still quite positive for the Market, where if it manages to sustain above 18300, for the first 2 hours today, then we might witness...
Good Morning, In adherence to what we had stated on the last trading day of the previous week, similarly somewhat the same is our view for today as well, as no big momentum was observed in the Market on Friday. Where as of now we can see that Nifty is consecutively facing a Resistance at our stated level of Resistance at 18300. However, as per the chart setup,...
Good Morning, Wishing You & Your Dear Ones A Very Happy Makar Sankranti! May this auspicious day brings more positivity in the Market. Well, as per our stated level of Resistance of 18300, we can see that Nifty is consecutively facing a Resistance at this level. However, as per the chart setup, we are still positive for our predicted Target of 18500, with the...
Good Morning! Just as we had stated yesterday, similarly we did also witness how after sustaining above 18090, Nifty showed us a good upmove thereafter and had successfully given us a closing of approx 18212, yesterday itself. We are glad that after being able to patiently stay cautious in December, we are now being able to enjoy a good uprise in the index,...
Good Morning! Just as it was very much apparent in the yesterday’s trading session, we did observe how Nifty had continued trading in its Range bound zone and similarly was unable to cross the stated level of Resistance of 18090. Moreover for Today, it is being expected that if for the first 2 hours, the index manages to sustain above the level of 18090, then...
Good Morning, Hope you had a great Stock Specific Momentum Trading Yesterday! Well as of now, considering the current market situations, we are still with our words to consider the level of 18090 as Resistance and the level of 17800 as support for the Market. In addition to which, since it’s a Month of Results, so more of a stock specific momentum will be...
Good Morning! Since few days now, we have been suggesting to wait and watch for either a break through down the level of 17630 or a crossover of above the level of 17800 by the index. Similarly, now that we had witnessed a closing of above 17800, i.e., a crossover of above the resistance level, we will wait and watch for today’s closing, in support of the...
Good Morning! What a wonderful day it was Yesterday! Yes, it was wonderful in a way that we had got to witness how nifty traded within its predicted range of the two crucial support levels of 17800 - 17630 respectively. As it made a high of around 17797 and a low of 17655 approx, yesterday itself. Moreover, as it’s a last trading day of the week, it would be...
Good Morning! What a wonderful rally of almost 500 points we have got to witness from Nifty, in these 3 days. As the Market seems to have stepped onto the stairs of an uprise, we can upgrade our immediate level of support to now be at 17800, followed by 17630 and 17360, respectively. However, the level of Resistance will remain to be the same, i.e., at 18090,...
Good Morning! What a wonderful beginning of the Year it was, Yesterday! As we could witness the magic and power of Technical Analysis, where just after crossing the level of Resistance at 17360, Nifty soared high towards its next level of Resistance at around 17650. Hence, Today will somehow be a very crucial day, as in support of such an uprise, we will...
Good Morning! Wish You All A Very Happy New Year 2022, and here I take you to our first Morning Mantra of this New Year! Where as it had been stated and witnessed on the last trading session, till now Nifty has been trading in its narrow range of 17360-17220-17155. The rising covid cases has become a matter of concern, as of now. So, currently it will be...
Good Morning! In reference to our stated level of support for the index, which was shifted to 16970, we did observe that even after making a low of 16909 during the Market hours, Nifty had ultimately managed to give us a closing at a crucial level of 17000 approx. Well, as of now, it is being expected that due to the festive vibes, the Market will still...