Good Morning! Finally, Nifty has taken a move out of its consolidation zone. Wherein, it has taken a move towards the downside levels. Moreover, Just as we had stated, similarly we could very well see how this week was somehow very crucial for the Market Participants. Also, as had been clearly stated this week has given us a clear cut indication for the...
Good Morning! As it was very much evident from the yesterday’s Market session as well, Nifty seems to be utterly confused within its predicted range of 17300-16800. As it is clearly observable, the index is finding a lot of difficulty in either stably crossing over or breaking down through the stated levels of Resistance and Support respectively. So, on keeping...
Good Morning! It seems like the level of 16800 is somehow or the other working as a level of support for the Market. But in accordance to the ongoing condition of the entire world we will still suggest to stay cautious regarding the market movement. Although yesterday’s movement had once again given us a positive indication of 16800 being the level of support...
Good Morning! Uncertainty is still there, doji formation is a clear cut indicator of a Fight between the buyers & the suppliers. As we said yesterday, similarly we had seen high volatility in the market in the last trading session. Cautiously participating in this crucial week will be a better idea along with the following of stock specific strategy. Nifty...
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! Fortunately we did witness a closing of above 17300 for 3 consecutive days. Moreover, we are now positive on the Market. Although there is still a need to stay cautious as of now. In addition to that, it is being expected that we can witness a sudden and a sharp rise in the upcoming days. Also, continue staying Stock Specific. Nifty Levels...
Good Morning! Fortunately, even yesterday we witnessed a closing of above 17300 from Nifty. So, with one more day left to witness such a closing, let us hope for the best. Stay cautious and keep your eyes on the index. Moreover, keep following the Cherry Picking strategy as of now. Nifty Levels...
Good Morning! Just as it had been stated yesterday, similarly we did witness a beautiful bounce back in Nifty from the level of 16842. As also did we witness a closing of above 17300, yesterday itself. Now, with staying cautious we are looking forward to a stable closing of above 17300 for 2 more days (i.e., Today and Tomorrow). Also, keep up with the...
Good Morning! Just as we had stated about the range of 17650-17300 and about the expectation of getting a clear cut indication from the Market. Similarly, we had witnessed a sharp fall in the Market yesterday. Well as of now, on the hourly basis we are just at the neckline of the Head & Shoulder Pattern. Thereby, expecting to witness a bounce back herefrom...
Good Morning! Once Again on Friday we witnessed a gap down opening in the Market, which happened to continue till the end of the day. Thereby highlighting the importance of the 17,650 level. Where on being unable to cross over it, Nifty clearly took a downturn making a low of 17303, that is around our predicted support level. Hence, we can say that at this...
Good Morning! As was very well witnessed yesterday, that even though Nifty made a high of around 17640, it was clearly not able to cross over the predicted Resistance level of 17650. So, in accordance to that it will be better if the Index manages to cross over and sustain above 17650 for the first 2 hours Today. While it is being expected that a selling pressure...
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! It is being expected that with the support of 17085, Nifty can now take a breakout of above 17300. Which if it is successful in doing, then the level of 17650 will be the next suitable Resistance for the index. Moreover, Cherry Picking strategy can now be followed. Nifty Levels...
Good Morning! On the last trading session, we witnessed that Nifty was unable to cross and sustain above 17650. Keeping that in mind, with an immediate support of 17300, Cherry picking strategy can now be followed. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
Good Morning! As Nifty had marginally violated its trailed support level yesterday. It is being expected that the first 2 hours of Today will somehow be very crucial for the Market. Wherein, in the meanwhile if the index manages to sustain above 17650 and similarly give a closing of above the aforementioned level, then we can expect to witness some favourable...
Good Morning! After a peaceful closing of 17780 yesterday, we are positive for the market for 18350 in the upcoming days with the trailing support of 17600. Expecting stock specific momentum in the market in the forthcoming days. As of now, Cherry Picking will be a good strategy. Nifty Levels...
Good Morning! Just as we had stated, similarly after sustaining above the predicted levels of 17300-17400 during the budget session yesterday, we were finally able to witness a beautiful closing of around 17576 in Nifty. Moreover to recall, as per our Research we had already stated regarding us being low on our expectations from the budget. Which is why we did...
Good Morning! It’s the Budget Day, Today and the expected range for the Market for the day will be 18350-16350, i.e., 1000 points up or down herefrom (17339). Therefore, high fluctuations in the Market can be witnessed, Today. In addition to the above, it will be suggested to give yourself some time before reaching to any conclusion during the Budget session....