Good Morning! Just as we had already stated in our Morning Mantra Updates, similarly, we did very much witness that Nifty had faced a resistance at two of our stated levels of 16800 and 16960 respectively. However, yesterday, Fortunately or Unfortunately the index had ultimately given us a closing at around the crucial level of 16955. Moreover, as today is a...
Good Morning! Just as we had stated yesterday about the likelihood of Nifty being very open to the support levels of 16700 and 16800. Unfortunately, we had also witnessed that yesterday itself, Nifty had made a low of approx 16410.20. Not just that but on a positive note, the index also managed to show us a beautiful bounce back and finally give us a closing of...
Good Morning! After trading in sideways or in consolidation for about 22 consecutive hours, we could see that Nifty had finally broken the stated level of support of 17220 and had given a closing of 16,985 approx. on the last trading day. Just as we have been stating, hence this is the result of what happens, when one trades in a narrow range. Moreover, once...
Good Morning! We are glad to share the accuracy of 8th Club’s Research on the Market. As just like we had stated yesterday, similarly in the yesterday’s trading session itself, we had witnessed that once again, how after not being able to cross the resistance of 17,360 on the upper side, Nifty had tumbled down to below our stated level of support which was at...
Good Morning! Just as we had stated yesterday, similarly we did witness how Nifty was ultimately unable to break the stated level of support which was at 17220 and instead had unfortunately traded between the stated levels of 17360-17220, i.e., it traded between 140 points for 6 hours straight. Thereby, indicating its movement in a super indecisive mode along...
Good Morning! Just as we have been stating in our Morning Mantra updates, similarly the Market still seems to be moving in a narrow range and in a price correction Mode. However, we can avoid creating a panic, until the index breaks the level of 17,220 on an hourly basis. Moreover, the levels of 17,650 & 17,800 will remain to be the suggested levels of resistance...
Good Morning! Finally we have witnessed a closing of above the level of 17360, consistently for 2 days now. Moreover, as of now, we are expecting a sharp rise in Nifty, Today! Where if, even though the index fails to do so and in turn somehow manages to give a closing of above 17454, then in such circumstances we will still hold an expectation for a positive...
Good Morning! Be Ready for Another Roller Coaster Day Today! Just as we had much earlier stated, that this kind of a liquidity crunch will be faced in the Market, and that Nifty might remain to be in a price correction mode till the month of December. Hence, the same is being observed in the Market, as the index continues to be in its range bound zone ranging...
Good Morning, Just as we have been saying, similarly we will remain to be neutral to bullish on the Market, until we witness a closing of below 16700. On the other hand, 17360 will remain to be a crucial level of resistance. Moreover, once again, we are still with our words that the Market will continue to be in a Range bound zone till the month of December....
Good Morning, Finally yesterday, Nifty had successfully given us a closing of above the level of 17360. Hence, from now on, the next resistance zone will be of 17650-17700. Moreover Today, the first 2 Hours will be very crucial for the Market, and if the index manages to sustain above the level of 17360 for the first 2 hours, then it will be a favourable...
Good Morning, Just as we have been stating in our Morning Mantra updates, similarly we can see that Nifty still seems to trade in a range bound zone. Neither is it being able to break through the stated levels of support, nor is it crossing its levels of resistance. So, it will still be suggested to stay cautious until the index gives a positive closing of...
Just as we had stated yesterday, similarly, we had also witnessed how beautifully #Nifty had sustained our predicted support range levels of 16700-16800, and just after making a day’s low of 16782.40, the index had somehow very well managed to bounce back therefrom. Well, as of now, a beautiful formation of Dragonfly Doji on the chart, seems to very well depict...
Good Morning, Once Again, similar to the situation when we had predicted our expectations regarding the magical level of 18350, where not crossing above which the Market had tumbled down. This time as well, we can observe that not being able to cross the level of 17650, the index has taken a turn to the downside from 17600 to a low of 16985.70 (as per the...
Good Morning, In accordance to our predicted levels of support of 17454 and 17360, we can clearly witness how the Index has been unable to break the aforementioned levels, on a closing basis, for the last 2 consecutive trading days, and in fact have shown a good bounce back therefrom. Hence, depicting the importance of the stated levels. On the other hand, as...
Good Morning, It seems like the Market is still in an indecisive mode. Even though we have seen that the index had made a high of 17600.60 approx yesterday, it was somehow very much unable to give a closing of above the levels of 17650-17700 and had finally given a closing of between our stated support levels of 17454 and 17360. Hence, just as we have...