Nifty has given a nice marubozu candle on the weekly time frame with a good volumes. On the daily time frame, there is a RSI divergence and there is a good volume on the closing day. There was a gap up opening and it consolidated whole day taking resistance from 20200 levels and closed 89 points higher. On the hourly time frame, the market is still sustaining...
Twl is one of my favorite stocks from very long time, I m entered@ 150/90 levels multiple times As per my analysis now it's over My last target was 840 & 880 almost achieved I m completely exit @ 680/850 step by step I will only reentering above 1000wclb
As we can see despite the strong opening NIFTY fell unidirectionally but took support at yesterdays closing and showed slight RECOVERY in the end. Now that NIFTY can be shown signs of indecision in smaller time frame which shows NIFTY can remain sideways to negative in coming trading sessions but is BULLISH in LONGRUN until it sustains above given zone so plan...
Finally, banknifty has crossed 46k levels and has closed around it. Today the market was a bit volatile and remained sideways after an initial gap up opening. It tested 46100 levels and reversed making base around 45850 levels and consolidated in a 150-200 point range in the second half of the session. On the hourly charts, the market hasn't given a close above...
Nifty consolidated on the weekly expiry after a movement in the opening hours. A doji candle has been formed on the ATH and after a nice upmove there will be a retracement or side ways market. It has closed around 20100 levels and there were no opportunities in the second half of the trading session. On the hourly charts, nifty tried to test the 20 ema but...
As we can see NIFTY has exactly REVERSED from our levels as analysed in our previous post after much of consolidation. Now looking at chart we can expect NIFTY to continue its BULLISHNESS unless it breaks below 19860 then we cam expect some serious retracement till 19600 till then every dip is a buying opportunity so plan your trades accordingly.
Nifty has formed an inside candle on the daily charts and has closed 76 points higher near the previous day high. It gave a bullish move and consolidated in the second half while banknifty kept on moving higher and higher. It is already trading near the ATH and tomorrow being a weekly expiry there can be a retracement on the chart. On the hourly charts, there...
Banknifty on the weekly expiry has given nice up move and formed a bullish engulfing candle. It almost touched 46k levels and has closed above 45900 levels. Nifty has formed an All time high and banknifty is looking forward to hits it's new ATH. The market formed a base around 45300 and gained up side momentum giving a 600+ point move from the day low. On the...
As we can despite a strong panic NIFTY managed to show some strong rejection and closed above last ATH. Surprisingly which is a fluke we did discuss that a sharp retracement is expected and we did see that fall the very next day. Now we may expect NIFTY to remain sideways to negative for upcoming trading sessions before finally continuing the rally so plan your...
Banknifty after a gap up opening came for a profit booking and closed 60 points lower forming a red candle on the daily charts. On the hourly charts, it seem to consolidate after the initial sell off and has closed above both the moving averages. Market has given a nice bullish move and are stretched enough to give a retest or consolidation. It will be sideway...
CNXSmallcap. If current week low doesn't go below 12386 and close above 12650-12680, then this week could be considered as retest. Historically there were 4 occurrences in Weekly timeframe where such fall went below previous week, index dragged down. Current week low, close and next week is crucial 1. Dec 31, '07 - Jan 07, '08 2. Jan 08, '18 - Jan 15, '18 3. Oct...
As we can see NIFTY has finally attained its much awaited new ALL TIME HIGH as we had been analysing since past few weeks. Now it becomes real confusing as NIFTY might go in consolidation for quite sometime now with immense volatility and high VIX, we can see 20200 in coming days but a serious retracament is missing which can happen anytime which could be in the...
Nifty has formed a new ATH high and banknifty is around its ATH. There can be a halt in the market has it has given a nice one side move and has travelled from 44400 to 45500 without a retest. It has given a nice bullish candle and giving close 414 points higher. On the hourly charts, it has showed a bullish movement and it trading way far from the moving...
Looking this longer term charts suggest smart money is acumalating continue @ 600 to 700 bands It's my g20 summit special pic
Banknifty has moved higher by 720 points this week, closing above the round number figure of 45k. Market remained bullish this week owing to the ongoing G-20 summit. On friday, banknifty closed at 45156 gaining 278 points. It has taken a good support from the weekly 20 ema and consolidated around in for 3 weeks and has given a break out. On daily charts,...
Nifty has given a nice bullish move of 2% on the weekly charts and has closed above 19800 levels. There is a nice bullish marubozu candle on the weekly charts and it has come after a consolidation. On the daily charts, market hit our targets on 19850 and reversed after hitting the target and has closed 92 points high forming a doji candle on the high. Nifty...
The market finally has given a nice trending move and has closed 116 point higher. On the hourly charts, nifty took a slight pull back and started moving in the upward direction slow. During the second half it gave the break out and travelled, finding resistance around 19730 levels. A nice bullish candle on the daily charts is showing some positivity and if the...
As we can see NIFTY has finally broken off its last swing which could have potentially acted as strong zone but broke after being volatile as analysed in previous analysis with a good closing which confirms the upcoming BULL RUN. Now a better entry to ride the rally would be the retest around the given zone so plan your trades accordingly.