Banknifty made double top near 36000 which became immediate hurdle if sustains below this than retest of 35500-600 possible
SAIL IS WEAK BELOW 143 AND MORE WEAKNESS TO FOLLOW IF SUSTAINS BELOW 139 THAN MAY TARGET 136--134
RETESTED THE BREAKOUT LEVEL AND GOLDEN FIB RATIO NEAR 3465 ..GOT SUPPORT AND BOUNCED.. NOW SUSTAINING ABOVE 3665.... WILL TARGET 3800 IN SHORT TERM....
INFOSYS IN LAST LEG OF WAVE 5 WITH RISING WEDGE... ONE SHOULD LOOK FOR SHORT INFOSYS ON BREAKING OF RISING WEDGE
vedl going for 5th wave up targeting 318 and if sustains above 318 than will move towards 350 too
BANKNIFTY MAKING BEARISH FLAG PATTERN... UPSIDE RESISTANCE 34800--35000 WHERE AS MULTIPLE SUPPORT OF 34500 TESTED AGAIN AND AGAIN.... IF BROKEN DOWN THE SHARP FALL TO 34200---34100 POSSIBLE
NIFTY MAKING DOUBLE DOJI PATTERN ON MONTHLY CHART.... RIGHT NOW NIFTY IS RANGE BOUND BETWEEN 15500/450 TO 15900/960... NEXT MONTH BREAKING OF DOJI PATTERN MAY LEAD TO CLEAR DIRECTION ON EITHER SIDE....
NIFTY 2 HRS CHART MAKING EXPANDING PATTERN INSIDE WHICH CONSTANT RESISTANCE OF 15900-950 ZONE... EVERY TIME IT HITS THE RESISTANCE ZONE ... IT MAKES NEW LOW... WHICH INDIRECTLY MAKES BEAR POWER VISIBLE NOW IMMEDIATE RESISTANCE 15800-15850 AND SUPPORT 15700--15680
NIFTY FACING STRONG SUPPLY PRESSURE IN 15850-950 ... EVERY TIME IT TRIES TO MAKE ALL TIME HIGH... SLIPS BADLY DUE TO SELLING PRESSURE AT HIGHER LEVELS...BIG PLAYERS DOING DISTRIBUTION SMARTLY AT HIGHER LEVELS... NO BUYING IN SUPPLY ZONE TILL IT CLOSES ABOVE 15950 WITH VOLUME... MANY ASTROLOGICAL EVENT THIS WEEK SO EXPECT HIGH VOLATILITY... MKT SELL ON RISE...
BANKNIFTY RETRACED THE 50% OF STIFF FALL 35985 TO 34360 50% 35180 AND GOLDEN RATIO RESISTANCE NEAR 35370... BELOW THIS LEVEL BANKNIFTY MAY RETEST AGAIN 34800--34600 LEVEL
BANKNIFTY RETRACED THE PREVIOUS FALL BY 50% NEAR 35180... NOW TRADING IN A RISING WEDGE... BREAKING OF WEDGE WILL BRING WEAKNESS BANKNIFTY RISING MOMENTUM IS VERY VERY SLOW AND HENCE ITS LOOK LIKE PULL BACK OF BIGGER CORRECTION ONLY... NO IMPULSE MOMENT SEEN
NIFTY NEAR TRIPLE BOTTOM 15600-635... BEARS SHOULD BE CAUTIOUS NOW... IF THIS SUPPORT IS HELD THAN DEAD CAT BOUNCE TOWARDS 15700-750 POSSIBLE
NIFTY IMPORTANT LEVEL TO WATCH OUT 15955.... STAY CAUTIOUS AT HIGHER LEVEL... DONT GET INTO TRAP... BELOW BLUE TREND LINE IT WILL BE WEAK
SIEMENS IN A CONTRACTING RANGE 2000-2032.... BRAKING ON EITHER SIDE WILL GIVE SHARP MOVE
NIFTY DAILY CHART : TODAY DOUBLE BOTTOM AT 15635.... RANGE BOUND MKT OF 15450--15900 AND OUR TIME CYCLE SUGGEST THAT STILL NIFTY WILL SPEND TIME IN RANGE FOR 3-4 DAYS AND THAN CLEAR DIRECTION TO EMERGE... TILL THAN PLAY THE RANGE.. SELL THE RESISTANCE 15850-15900 AND BUY THE SUPPORT 15570--15625
nifty today free fall... many astrological reasons are behind that.... Always try to learn...!!!
nifty sell on rise mode.. 13800-13620-13585--13514
nifty free fall from 13580 to 13404... gann time and price working beautifuly 13400-13360 important suppoer