Good Morning! Satisfying the need of the hour, Nifty made an opening at its day high of 16757 approx yesterday, and thereafter gradually made a low of around 16447.90 during the day. But, it also somehow managed to give us a stable closing of above 16200, i.e., around 16594.90, in the yesterday’s trading session. However, there’s still a need to stay cautious...
Good Morning! We are glad that our Pre Market Morning Mantra updates are fruitfully helping our followers each day. As once again, Just as we had stated about our thoughts on the worst getting over, yesterday, similarly we did see a beautiful bounce back in the Market, where from its low of 15671, nifty had made a high around 16028 on the same day itself....
Good Morning! Just as we had been stating about the necessity of Nifty giving a closing of above 16800. Similarly, we did see how on failing to do so, the index had once again shown us the level of 16245 approx. However, as per the chart setup, we are now expecting to witness a bounce back towards 16800. Which if happens, then the consequences will be good....
Good Morning! Once again, the importance of the level of 16800 was witnessed in the Trading Session, yesterday. Where, on being unable to cross over and give a closing of above 16800 on Monday, Nifty made a low of around 16478, yesterday. In addition to which, we can see the difficulties that the index is facing to stably cross above the stated Level of...
Good 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...
Good 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...
Good 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...
Good 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...
INDEX NAME - NIFTY 50 Below scenarios might be possible to see in upcoming days Buy call above 17460-17500 target 17650-17750 Buy put below 17270 target 17050 16900 DISCLAIMER- kindly do your own analysis before investing. Suggestions are welcome with BIG THANKS
Good 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...
Good 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...
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,...
Hi 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.
Today’s market is looking stable i am expecting tomorrow market to be trending
Good 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...
Divergence developing in Perpetual protocol for 1 day timeframe chart. Good momentum developing
Good 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...
Here 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...