Good Morning!
Fortunately we did witness a closing of above 17300 for 3 consecutive days.
Moreover, we are now positive on the Market. Although there is still a need to stay cautious as of now. In addition to that, it is being expected that we can witness a sudden and a sharp rise in the upcoming days.
Also, continue staying Stock Specific.
Nifty Levels...
Good Morning!
Fortunately, even yesterday we witnessed a closing of above 17300 from Nifty. So, with one more day left to witness such a closing, let us hope for the best.
Stay cautious and keep your eyes on the index. Moreover, keep following the Cherry Picking strategy as of now.
Nifty Levels...
Good Morning!
Just as it had been stated yesterday, similarly we did witness a beautiful bounce back in Nifty from the level of 16842. As also did we witness a closing of above 17300, yesterday itself.
Now, with staying cautious we are looking forward to a stable closing of above 17300 for 2 more days (i.e., Today and Tomorrow).
Also, keep up with the...
Good Morning!
Just as we had stated about the range of 17650-17300 and about the expectation of getting a clear cut indication from the Market. Similarly, we had witnessed a sharp fall in the Market yesterday.
Well as of now, on the hourly basis we are just at the neckline of the Head & Shoulder Pattern. Thereby, expecting to witness a bounce back herefrom...
VIP Industry is ready to break the big consolidation.
1. As the resistance and support are respected by the VIP Industry.
2. As earlier the triangle pattern breakout is given with a big green candle but big
3. profit booking happens on next day.
4. Then those triangle pattern resistance levels act as support levels.
5. Taken the support and resistance 7-8...
Good Morning!
Once Again on Friday we witnessed a gap down opening in the Market, which happened to continue till the end of the day. Thereby highlighting the importance of the 17,650 level. Where on being unable to cross over it, Nifty clearly took a downturn making a low of 17303, that is around our predicted support level.
Hence, we can say that at this...
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!
As had been witnessed yesterday, Nifty was successful in crossing over, sustaining and in finally giving a stable closing of above 17300.
So for now, the previously mentioned support level of 17085 can be trailed up to 17270. Moreover, on a positive note, the market now seems to have taken a turn towards its next Resistance level of 17650.
Cherry...
Good Morning!
It is being expected that with the support of 17085, Nifty can now take a breakout of above 17300. Which if it is successful in doing, then the level of 17650 will be the next suitable Resistance for the index.
Moreover, Cherry Picking strategy can now be followed.
Nifty Levels...
