Kindly trade cautiously as it is continuously rallying. Respect the levels and zones to trade and place SL & TP.
Nifty on Friday 29th July 2022, Gapped up and stuck into my zone, consolidated for the whole day and then gave a good break out from the zone. That's the power of Zones. Kindly trade only from my zones and levels to get proper entries and stop losses. We have got many Supply zones above, hence if Nifty goes up, it will have a slow momentum as compared to last...
NIFTY TODAY 25-07-22 Did you see the magic of level 16619, it touched the level 9 times, out of which 7 times it couldn't break it. Finally it ended exactly on that level. Did not touch even a single zone, hence no price action around it. NIFTY TOMORROW 26-07-22 I still expect correction in this week. Kindly trade around the levels and zones only.
Nifty has formed a engulfing pattern on daily time frame and a W pattern on 15 M time frame, hence can get bullish tomorrow as well. if it forms an inside day tomorrow, then it will get bullish on Monday. Respect the levels and zones when you trade.
Nifty stopped on my zone at day end. but as it is bullish will gap up probably tomorrow again to breach the zone. Be prepared for the continuous upmove.
Nifty in correction mode, may take a dip for a day or two before it continues its upmove, keep watching the channel borders along with zones and levels to predict the turning points.
Nifty has continued being bullish as predicted, i still see it bullish continuously, kindly trade the zones and levels after confirmation.
NIFTY TODAY 07-07-22 Gapped up and opened in my zone 16062-16093, consolidated around it for the whole day and finally ended near the trend line and next upcoming zone. Power of Zones NIFTY TOMORROW 08-07-22 Just observe how price is behaving to my levels and zones, hence only trade around it with price action confirmation.
NIFTY TODAY 06-07-22 Hovered around my zone 15827-15853 for first 45 minutes due to indecision of bulls & bears but then accumlated on the same zone and hit the zone of 15994-16014 directly. Got some resistance from there and dropped but ultimately ended in the zone at day end. Power of ZONES NIFTY TOMORROW 07-07-22 As Nifty has tested 16000 thrice in two days,...
NIFTY TODAY 05-07-22 Did you see mates how Nifty reacted to my levels even in highly volatile panic situatuion. Started Gap up, took support from my 15876-15859 zone went up rapidly and stopped at trendline exactly at 16014 and reversed. Reversal was so fast that it didnot respect the trendline at 15901, broke the 15859 zone and retraced to the same zone took...
Nifty today showed a good unexpected up trend in the second half. It is getting prepared for 16200 levels. Kindly note there is a strong resistance at 15915-15935 levels. Also keep following the zones and the levels.
Sorry guys, i was travelling since 3 days, could not update analysis of thursday and friday. Kindly take advantage of todays analysis. Also check weekly and daily charts on week ends especially.
Nifty today shown much of weakness after gap up opening, tomorrow if the today's low is broken it may give further downside.
YESTERDAY NIFTY 24-06-22 First of all guys sorry for drawing two zones late and updating in live market. any ways market remained between my levels 15608-15743 to be precise, and kept consolidating. Nifty on Monday 27-06-22 Just observe the blue lines and curves, it is an inverted head and shoulder and break out of the same has been confirmed on Friday 24th June...
NIFTY TODAY 22-06-22 Hope you people took full advantage of the zone 15434-15375 NIFTY TOMORROW 23-06-22 It's an expiry, trade carefully. I expect a volatile expiry tomorrow.
NIFTY TODAY 21-JUNE-2022 Bear flag didn't work, Nifty opened above mid channel and kept moving up till my zone at 15711, crossing the upper bound descending channel, failed to cross the zone and retuned back to the upper bound descending channel, closed just below it. NIFTY 22-JUNE-2022 Nifty has too many resistances while moving up, it is purely sell on rise.
NIFTY respected my bear flag channel tried to break it but came back and stayed around it all day, the flag is still intact for tomorrow i.e. 21-05-22
NIFTY TODAY 17-06-22 Whole day Nifty was stuck between my zone 15369-15333 and lower side of my down trending channel, it tried breaking it twice but was in vain. #POWER OF TECHNICAL ANALYSIS NIFTY ON MONDAY 20-06-22 If you observe closely Nifty has formed a perfect Bear Flag Pattern - BLUE HIGH LIGHTED LINES. Getting ready for the down slide. i was expecting the...