Morning Mantra, 28th February 2022Good Morning!
A recovery of almost 400 points from the crucial support level of 16200 was witnessed in the last trading session, which however was a positive sign for the Market.
Besides, in the midst of the seriousness of the ongoing global situations, there will still be a need to stay Cautious and to avoid being too aggressive until the index stably crosses and gives a closing of above the level of 16800, an important level which would now work as an initial crucial level of Resistance.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Prediction
Morning Mantra, 25th February 2022Good 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 Market’s movement for the upcoming 3-4 Months.
In addition to which, where the level of 16800 was very much a crucial support level. Unfortunately due to a gap down opening of the yesterday’s session, Nifty could be seen breaking another support level of 16400 and thereafter finally landing down to 16200.
Although even 16200 has been a very crucial support level for the Market. So, as of now, if anything goes unfavourable then the levels of 15850 and 15580 will once again become very much active.
So, there’s a high requirement of staying cautious as of now and to extremely avoid being too aggressive in the Market until the market stabilizes.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 24th February 2022Good 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 the indices movement on our strict watch, we need to be highly cautious and wait for it to stably take a fresh move on the either side.
Stay Cautious and avoid being too aggressive, as of now.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 23rd February 2022Good 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 on the downside, and 17300 as a Resistance on the upper side.
Besides, we still have 3 more days left for a clear cut market indication. Where we are somehow very optimistic that an indication for a further move will be shown within this week itself.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 11th February 2022Good 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 might be witnessed, also because it’s a Friday.
Strategy to be followed will be to stay Stock Specific and to keep booking profits whenever possible.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 8th February 2022Good Morning!
Being unable to cross over 17650, Nifty gave us a closing of around 17213 yesterday, which now raises a concern.
Therefore, in order to regain the strength, it has now become important for the index to sustain above 17300 for at least the first 2 hours today.
Stay Cautious, wait and watch and avoid being too aggressive with your trades as of now.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Rounding Top Pattern formation on $BTC (4hr) The rounded top formation on BTC/USDT 4hr chart is showing the potential end of a previous uptrend.
- Showing that it has already reached the maximum price. (01 Feb.)
- And that the possibilities are now in favour of a downward price movement. (02 Feb.)
In technical analysis , the rounded top is a negative chart pattern . When a chart develops a top, which occurs when price curves rise and then fall in price, it generates this pattern. The right side of the curve will make higher highs on the left side until the top price arrives (1st February), at which point the curve will fall to the downside, making lower price highs on the right side of the top.
NIFTY GAP UP OPEN AND MAY BE FOLLOW DOW JONES PATTERNHi friends,
Nifty most probably follows a shared pattern on 22nd Jan 2022.
NIFTY FOLLOW THE DOW JONES TREND MOST OF THE TIME AND AS PER THE COMPARISON MAYBE IT IS POSSIBLE NIFTY BREAKS THE MOST POWERFUL RESISTANCE TOMORROW I.E. 17380 AND CLOSE POSITIVE WITH APPROX 300+ POINTS.
Morning Mantra, 5th January 2022Good Morning!
In reference to our suggestion, after staying cautious for the Month of December 2021, we can now witness a beautiful rally in the Index that too within just 2 days of January 2022.
However, the situations are not yet too comfortable to be confident for a further uprise. Therefore, Staying Cautious will remain to be a part of our Daily Routine, as of now.
Also, just as we had stated yesterday, similarly after fighting for almost the entire day, Nifty was finally successful in crossing both the stated levels of Resistance at 17650-17700 by the end of the Day.
Hence, as per the current scenario, on the upper side, the level of Resistance will now be at 18090. Whereas, on the downside, the crucial level of support will now be of 17630 and 17360 respectively.
Moreover, since it’s a Month of Earnings, Staying Stock Specific will prove to be all the more fruitful, as of now.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 3rd January 2022Good Morning!
Wish You All A Very Happy New Year 2022, and here I take you to our first Morning Mantra of this New Year!
Where as it had been stated and witnessed on the last trading session, till now Nifty has been trading in its narrow range of 17360-17220-17155.
The rising covid cases has become a matter of concern, as of now. So, currently it will be better to consider Today as a “No Trade Day”, hence avoid being too aggressive in the Market until a fresh breakout in the Index.
Apart from that, we are wishing that May this New Year bring a new ray of hope with some more positivity in the Market. Wherein, initially for some favourable situations to come up, we are hoping to witness either a breakthrough or a crossover of the nifty levels. As only after that will we be in a position to decide for a fresh new direction.
So, till then stay Cautious and be Stock Specific.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
ETHUSDTHere are the two main things that I can predict from the ETHUSDT chart.
1 Cup and Handle
2 Support line
One can easily spot a Cup and Handle Formation in the ETH right now.
It all started in May 2021 and the base of the cup was formed in July 2021. In November 2021, one can easily see that cup has formed totally. Now comes the Handle. The basic thing that one can conclude from this is that price is going to be in a range and the asset is going to consolidate for some time.
It will break the cup and handle formation in Jan 2022.
The support line can be drawn from December 2020 till the current price. Though there has been sometimes where the price went below the line, it recovered very fast and the continuation of the bullish run can be seen in the same.
I am being BULLISH about ETH in the near future. It will break the cup and handle formation and the boom in the price will be seen hopefully very soon.
Nifty Trade Setup for 16 DEC 2021This is 1 HR chart of Nifty with weekly pivots. Weekly BC was giving good support for last 2 trading sessions and bouncing back from the same level. Now 17350 is key level to watch out if taken we can expect 17400 & 17500 levels.
In case of a gap up opening, these zones are where i will look for possible trade opportunity.
Bitcoin Next Move ?
Bitcoin made a Crash to 42k on Last Saturday(4 Dec) below 48k by breaking 200 EMA Support Zone and pulled back to 48k zone quickly ! This story is known but what will be the next move of Bitcoin after this crash ? Many short term holders made a exit in this crash because of the US Debt Ceiling + Chinese Evergrande fuds and Whales Play of course! But the Diamond Hands are still Holding Bitcoins towards the 100k. Bitcoin is currently trading on sideways distribution movement aka Kangaroo Movement after some Lazy Bears Attack. We will regain the Bull Mode once we break the 54k Resistance(Average Price Resistance). After this successful breakout we will see the new ATH on next year Q1 above 70k if Bears are suppressed to Sleep mode ! We can also expect the another correction to 39k if BTC unable to hold the 45k support zone or get rejected from the 54k - 56k resistance zones.
Morning Mantra, 6th December 2021Good Morning,
Just as we have been saying, similarly we will remain to be neutral to bullish on the Market, until we witness a closing of below 16700. On the other hand, 17360 will remain to be a crucial level of resistance.
Moreover, once again, we are still with our words that the Market will continue to be in a Range bound zone till the month of December. Therefore, it’ll be suggested to stay stock specific and to keep following the Cherry picking strategy, as of now.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 3rd December 2021Good Morning,
Finally yesterday, Nifty had successfully given us a closing of above the level of 17360.
Hence, from now on, the next resistance zone will be of 17650-17700.
Moreover Today, the first 2 Hours will be very crucial for the Market, and if the index manages to sustain above the level of 17360 for the first 2 hours, then it will be a favourable condition for the Market.
In addition to this, we are still in favour of our suggestion to follow the “Cherry Picking” and “Being Stock Specific” strategies. Along with which, it will be suggested to stay cautious for the first 2 Market Hours, Today.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 1st December 2021Good Morning,
We hope that you still remember one of our magical level of 17360, which had earlier been stated as a “crucial level of support” for the index. Well, now the same level will work as a level of resistance for the index.
Moreover, just as we have been stating these days, similarly Nifty did prove our prediction to be right on the mark, as it has taken a beautiful bounce back from our predicted support level range of 16800-16700. After the index making a high of 17300 approx, we could witness a huge supply in the Market. As a consequence of which, we are still with our words, as the Market might somehow continue to move in a sideways zone till the Month of December.
As of now, the level of 16700 will work as a crucial level of support and we will have to stay cautious. Also, it will be suggested to stay stock specific. Since we have been stating about the ongoing liquidity crunch in Market majorly as a result of a huge selling from the FIIs.
So, stay cautious. Follow the “Sell on Rise” strategy, till the Market gives a stable closing of above 17360.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya






















