as on 9th June closing Nifty is at channel low support and is a good buy till channel support holds. Looks like today whole day market has been selling the puts indicating long build up in Nifty.
Nifty will be gap down opening in today's session. After opening nifty start trading below 18260 level and then possible upside rally up to 18140 in today's session. in case nifty trades above 18310 level then the upside target can go up to the 18420 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 18350 level and then possible upside rally up to 18480 in today's session. in case nifty trades below 18300 level then the downside target can go up to the 18190 level.
Nifty at this stage is not very clear in direction. However, looking at the last candle (Friday's daily candle) it has a positive look. This comes out because Buyers have been able to hold the sellers to take price low further after a huge gap down.
Now there are two confusing/conflicting images that come out when you compare weekly time frame candles Vs 15 min...
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 have been stating that above the level of 17800, Nifty is ready for a new high. Likewise, we are witnessing the same. As so far, after crossing over the stated level, Nifty has beautifully managed to achieve its target of 18100.
Also, somehow the good corporate numbers have been supporting the Market sentiments.
So with this and with...
NSE:NIFTY
Expecting a upward move in nifty as it is trading near channel support.
Crossing above 17120 will lead a rally towards 17600 Zone, in between hurdle seen near 17280, 17430
Stoploss - 16950
Greetings of the Day!
Indeed with a positive opening yesterday, Nifty did take a good attempt in the early hours. However, not being able to continue so, the Market showed a selling pressure from the early hours itself. Thereby, proving the effectiveness of the shooting star pattern, just as it was stated yesterday. As Nifty showed a decline of approx 98 points...
Good Morning!
Gladly, yesterday itself we had restated about the overall Market sentiments being positive and on the very same day we got to witness a good stock specific momentum and a recovery of almost 158 points in Nifty, on a closing basis.
Well as of now, we are still with our words, that the positivity in the Market will be boosted once we get a stable...
Good Morning!
It has been quite a few days now that Nifty has been repeatedly following a pattern of not being able to cross over the crucial Resistance levels of 15850-15950 on a closing basis. On the other hand, on a positive note, it has also been beautifully taking a support at our stated level of 15700. Thereby, indicating some hope & positivity in the...
Good Morning!
Another day of Gap down opening from Nifty, had resulted in the creation of huge panic in the Market, yesterday.
Well, we can say that as per the current market scenario, the index is somewhere or the other trading at its edge. Wherein, with the crucial support level of 15580 on the downside, it has now become very important for the Index to...
