TRAPPED!! Ready for panic ?As we can see despite the strong move BANKNIFTY couldn’t close above 48250 and remained sideways to weak throughout the day forming DOJI kinda candle in daily time frame showing indecision hence can be sought that it has taken the liquidity and ready to create a panic for buyers hence we can expect a weak opening creating panic before finally continuing its rally so plan your trades accordingly.
Multiple Time Frame Analysis
22000 coming up..?As we can see NIFTY showed an unidirectional up move as analysed in our previous analysis that if we won’t be able to see a good move unless the trend line is broken but we did see a strong opening with proper sustainment which followed by a good up move. Now that NIFTY is trading at its ATH, we may see NIFTY continuing its uptrend till 22000 which is its psychological level and any signs of rejection around these levels could show a potential retracement so plan your trades accordingly
NIFTY not bullish unless it breaks and sustains aboveAs we can see despite the attempt to break the trend line, it failed and remained negative throughout the day as analysed in our previous post but we can now see that NIFTY has tested both its sides i.e SUPPORT and acting RESISTANCE which makes the trend line weak hence any closing above the given trend line could be a good BUY else we can see another sideways to negative market tomorrow so plan your trades accordingly.
Exact REVERSAL from our levels but still weak!As we can see NIFTY despite showing weakness in the first half, managed to REVERSE exactly from our given level as the gap acted as a great support but on the other hand made the support more weaker hence we cannot confirm NIFTY to be strong unless it breaks the trend line above and sustains else we may see NIFTY getting rejected at trend line and falling unidirectionallu breaking the support so plan your trades accordingly everyone.
NIFTY at MAKE OR BREAK LEVELWe did see a strong fall as we analysed in our previous analysis that if the last candle’s low is broken below we can see a strong fall and we did see that. Now if NIFTY manages to open flat and breaks last swing, we might see a continuation in rally and further downfall can be witnessed which can create a potential panic so plan your trades accordingly
After long downfall now successful upward trained startThis is the perfect example of a long downfall now upward trained start and successfully higher bottom keep making Until higher bottom Keep phone ride on the On the stock really other technicals also Positive shouting towards this trade change momentum built RSI strong quarterly revenue also support
same chart pattern CIPLA LIC IRCTC ZOMATO JUST Broke lifetimeIt may be little late but it's sure be Confirm broke out Check Sipla LIC IRCTC Zomato they just now broke out just study it all
NIFTY ready for new ATH now..?As we can see NIFTY got rejected exactly as we analysed and showed unidirectional upmove as the trend line which previously acted as a RESISTANCE has now acted as SUPPORT hence as long as NIFTY maintians itself above the trend line, every dip could be a buying opportunity until a sharp fall closes below the trend line which could potentially start the new trend so plan your trades accordingly.
The new trend has not been decided yet.As we can see despite the strength NIFTY fell strongly in the last hours and can be seen closing around the suppprt which has been tested multiple times making it weaker hence any flat opening could lead to a good fall if the zone is taken out till the trendline but for the confirmation of long trend we must wait for the weekly candle to close below the trendline and similar to these sharp downfall could be witnessed for the start of new trend so plan your trades accordingly.
NEW YEAR! NEW DIRECTION coming up..?As we can see NIFTY has finally taken support at lower trendline and also broke out of a upper trendline indicating further upmove but this up coming week could be very deciding as this week could potentially define direction for coming weeks as if NIFTY closes above the trendline this week then we can see a further continuation in uptrend else if fails to sustain and closes below the trendline making a wick at higher levels on weekly time frame then we may see a new trend which is downtrend in coming days so plan your trades accordingly.
#sail very Billish Idea (16 year trendline resistance breakout)Sail
Breaking out from its multiyear resistance trendline today in daily TF as well as todays is weekly closing also gives breakout conformation
it looks very Bullish from this level
good to hold above 125 for the view of longterm investment
my view to this stock is 2x, 3x from this point
also its outperform nifty500 index in weekly time frame
Volume from past weeks increasing also confirms bulliness of this stock
in my view this is the opportunity to invest in this stock for handsome returns






















