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Nifty Today: “Bounce Back Indeed, But too early to call a BottomNifty View: Benchmark Nifty index managed a healthy bounce back in today's trading session. At a close of 17,273 the index managed a marginal positive gain of just 54 points but what was more encouraging was a healthy bounce back from the intraday low of 17,048. At this low, the index is teasing the psychological level of 17,000, a break below which can bring in new weakness. On the upside, the confluence of residences now stands close to the 17,450 mark. It will be important to observe in the next few trading sessions whether the index shows the strength to carry itself further and break above the immediate resistance zone. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
Nifty Today: “Fresh Weakness” - 07 Feb’22 
Nifty View: The benchmark Nifty index loses more than 300 points in today's trade. With this fall, the index goes back to an underlying downtrend which increases the probability of further downsides. But considering the fact that the intraday charts are stretched on the downside, we should not discount a short-term bounce back before any kind of further weakness. In case we notice any such short term bounce back, it will be essential for the nifty to break above the immediate resistance zone of 17,450–70,550. Unless this hundred point range is taken out by the index, one should continue to stay bearish in the market and expect further selling. Strategically this is not the best time to go aggressively bullish, and so it will be prudent enough to stay on the sidelines or create bearish opportunities. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
3
Nifty Today: “Runaway or Exhaustion?” - 12 Jan’22 The rally continues for the benchmark Nifty index as it gains another 157 points in today's trade to post a close at 18,241. A look at the last ten trading sessions, and we notice that eight of these have been positive closes - such has been the strength and resilience of this recent uptrend. Most sectors and heavyweight stocks have also participated in this rally, but we start to notice very early signs of momentum slowdown in the Nifty and the BankNifty. Strategically one should stay on the bullish side but should not add long positions aggressively for the rest of this week. Amongst the large-cap banking stocks, it is HDFCBank which has created a bearish pattern on the daily charts alongside price momentum divergence. And so, going forward, this banking heavyweight can slow down the gains from bank nifty and probably the overall pack. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
Bank Nifty & NIFTY Trade PlanIn continuation of our earlier view on Nifty and Bank nifty so far are inline with moves expected and still in trade, Now we are again having an opportunity to initiate sell trade in both Indices before we reach at Wave ((C)) black in both the indices to complete the corrective move started from 19-OCt. once we are done we will be initiating BUY trade for enchasing next upcoming larger Impulsive cycle. However till than since we have got confirmation on Bearish sequence we are also initiating Sell position as mention in this VIDEO. Wish you a Happy Trading and if you like his video please give likes, share your comments and follow us for more update.
NSE:NIFTYShort
by profitadda
2
Mentorship InstaView 02 Nov’21: A Day to Consolidate Nifty View: Today's 85 points negative close from the Nifty benchmark index is more of a consolidation post the big +293 points gain we experienced yesterday. The short term trend is still DOWN with immediate resistance at the psychological 18K mark, which has held the index down pretty well. One should continue with a conservative bias and wait for the index to show some more strength, and the first sign of that will be a retest of 18K. If we fail to see this anytime soon, then the chances of an extension on the downside increase. So trade light & with caution.     Please watch the video for a detailed analysis of the index and stocks. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
Mentorship InstaView 01 Nov’21: Impressive 
Nifty View: Benchmark Nifty index impresses with a near 300 points gain in today's trading session. It was a move that was supported well by most of the sectors and heavyweight stocks. In terms of levels, the index at a close of 18,008 will now deal with the immediate short term resistance at the psychological 18K mark. In fact, a closer look at the volume profile and vwap reflects that it is (18,100-18,150) which can act as a stronger resistance for the index. Let us stay cautiously bullish and observe whether the index manages to sustain above 18,000.     Please watch the video for a detailed analysis of the index and stocks. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
Mentorship InstaView 27 Oct’21: Disappointing yet Hopeful 
Nifty View: The Nifty benchmark index disappointed in the final hours of today’s session as it slipped below the 18,200 mark to bounce back marginally at the end. Because we had a solid close yesterday, the index showed no follow-through buying today as it could not make a higher high today. On the contrary, it slips to test the immediate short term support range of (18,200-18,250). We are now at an exciting juncture, and the price action in the subsequent two sessions will add a lot of clarity to the next directional movement.    Please watch the video for a detailed analysis of the index and stocks. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
Mentorship InstaView 25 Oct’21: Volatility makes a Comeback
Nifty View: Volatility kicks in as the benchmark Nifty index oscillates sharp in today’s trade. At an intraday low of 17,986, the index momentarily broke below the psychological 18K mark, but closed fairly well at 18,145. The underlying short term trend of the index has now turned non-directional but definitely volatile. BankNifty continues to outperform by a significant margin thanks for ICICIBANK which was up over 12% in today’s trade. Considering the spike up in intraday volatility, it’ll be sensible to slow down and trade less or trade with relatively lesser risk. Please watch the video for a detailed analysis of the index and stocks. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:BHARTIARTL1!
by Abhijit_Paul
Mentorship InstaView 21 Oct’21: Banks Save the Day 
Nifty View: A decently volatile day for the benchmark Nifty50 index as it closed down a little over 60 points in today's session. So far, we have three consecutive negative days from the index, losing almost 3% on a high to low basis. The short-term trend is still up, but vulnerable as the index nears the psychological level of 18,000. However it was clearly the banking stocks which saved the day today. Banknifty index was up over 1% led by strong performance from stocks like Kotak Bank and ICICI Bank. Strategically, let's continue with the bullish bias and be careful especially if we are trying to trade mid and small cap stocks. It will be prudent if we focus more on the large gaps at this juncture in the market. Please watch the video for a detailed analysis of the index and stocks. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
0
by Abhijit_Paul
Mentorship InstaView 18 Oct’21: No Time to Slow Down
Nifty View: Strong momentum continues for the benchmark Nifty index as it gained another 140 points in today’s session. The index has opened with a rising gap in the last two trading sessions. However towards today’s close we did notice some degree of momentum slowdown, which is very much obvious considering the rate at which prices have accelerated over the past few trading sessions. Strategically one should maintain a bullish bias and look to initiate long trades, either fresh breakouts or pullbacks. Please watch the video for a detailed analysis of the index and stocks. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
Mentorship InstaView 13 Oct’21: Comfortably Confident @ 18K
Nifty View: The benchmark Nifty comfortably scales above the 18K mark with today’s 170 points up move. Excellent sectoral support cami in from AUTO, METALS and ENERGY stocks. The weighty banks and financials too sustained their recent gains to male sure that the index manages a firm close above 18K. We have a new life high now. Considering the fact that the short term momentum is indeed stretched, we may face some consolidation in tomorrow’s session. Add to this possibility that we have a trading holiday on Friday, and so short term traders may use tomorrow’s momentum to book profits and lighten up their overnight positions. Please watch the video for a detailed analysis of the index and stocks. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul