As per SGX nifty nifty will open gapup and looks strong buy. i would suggest wait for first 5 mins candle if it's green then go for buy.
Buy above 18577 Target 18606, 18633,18650,18677,18708
Sell below 18466, Target 18438
nifty has long trend line support at 18404 level. if it breaks then more fall possible. if it takes as support then we can see the 18600 level by monday.
Buy above 18570 target 18595, 18646,
sell below 18484 target 18438,18383
nifty looks strong but there should be some profit booking today and tomorrow.
Buy above 18465 and sell below 18585.
Nifty should not cross above 18745 and should not go below 18466.
Buy above 18386 (18300 CE) Target 18431,18458,18496
Sell below 18280 (18300 PE) Target 18194, 18161, 18099,18045
Nifty break the range and made 150+ points today. Am expecting nifty to be bullish and will take resistance at 18490 level. Tomorrow it may be the range bound as it's finnifty expiry as well.
Buy above 18267 (18100 CE) Target 18319,18367
Sell below 18168, (18150 PE) Target 18115,18045,18002
if nifty goes below 18168 then who ever bought will become seller as they will see the loss in there account(s).
Nifty is in raising wedge pattern. If it breaks 17866 Target can be 17554 if it breaks 17766
Buy above 17866 target 17917,17983
Below 17866 Targets 17813,17761,17661,17554
Nifty today formed a doji (no direction)
if nifty opens flat trade on these levels
BUY Above 17804 (NIFTY 17750 CE) Target 17866,17916,17981
Sell Below 17718 (17750 PE) Target 17648, 17556, 17498,17419
RISK TAKERS: if nifty opens gap up and you can plan to Sell Below 17804 (17850 PE) Target17762,17718, 17648, 17556, 17498,17419
nifty weekly head and...
Wish you a very Happy New Year!
This is the first Morning Mantra for the year 2023 and we are here to share with you the Market Sentiments for this week.
Well, on observing the past few days, it can be seen that there’s a fight going on between the levels of 17800 and 18170.
Where on one hand, as we were expecting to witness a positive closing of above 18170...
So, once again yesterday we had witnessed the accuracy of technical analysis.
Where on one hand, due to effectiveness of shooting star we had observed a gap down opening yesterday. On the other hand, we did also witness a beautiful bounce back in Nifty during the last Market hours.
This positive bounce back, finally resulted in giving a stable closing of above...
Another consecutive day of witnessing a positive movement in Nifty.
However, there is a slight disappointment, as Nifty made a high of around 18150 yesterday, which was just below our stated Resistance level of 18170.
Moreover, observing a Hanging Man Formation on the Day chart of Nifty, is somehow indicating that some selling pressure can be witnessed today....
Just as we had stated yesterday about witnessing a bounce back in Nifty. Likewise, we did witness the same yesterday itself.
Moreover, as we have been consistently stating about being cautious for the Month of December. Similarly, it is expected that this week too, will be a little volatile. So be cautious.
Besides, with the strong support level of 17800, be...
Just as we had already cautioned on the 5th of December itself. Likewise, we did finally witness Nifty near its support level of 17800 once again, on the last trading day.
Well, we are somewhat hopeful here, as we expect to witness a bounce back from the current levels of 17806.80
However, as we have already been stating about being cautious for 10-15 days of...
So, finally yesterday we had witnessed a breakdown from the 18170 level, which altogether is somehow indicating a near term bearish mode in the Market. Wherein we can also see the level of 17800 in the upcoming days.
Besides, we had been consistently stating about Nifty's crucial levels of 18400-18170-17800. When the Index broke the level of 18400, it did take...
Good Morning!
Just as we had stated yesterday about waiting and watching the market's momentum along with the support level of 18170. Similarly, we did observe how beautifully the Index took a bounce back from the stated support level, as it made a low of around 18202, yesterday.
Moreover, it was also observed that even after making a high of around 18404, the...
Just as we had stated yesterday, about observing the formation of an inverted hammer on the Daily as well as on the Weekly chart of Nifty, also about witnessing a bounce back and thereafter a closing of above 18400. Likewise we did witness exactly the same yesterday itself, as fortunately Nifty gave a closing of 18420.45
Well, now it's time to witness some...
Good Morning!
We are glad that our pre-updates on being cautious in the Market, could help all our followers during the previous week.
Well, as of now, on observing the formation of an inverted hammer, both on the Daily as well as Weekly chart of Nifty, we are quite hopeful for a bounce back in Nifty. Which if happens, then we can witness a positive closing of...
Just as we had stated yesterday about being cautious as a result of witnessing the Doji formation on the daily chart of Nifty. Likewise, we can see that the Index is back near to its support level of 18400 once again.
Well for now, let's consider Today as a No Trading Day!
Moreover, since today is the last trading day of this week, so be a little cautious along...
