Last Week Nifty looked Bearish till Friday but Friday Nifty recovered more than 400 points. Need to see whether Friday move is dead cat or real Bunch to Bear. Watch out level 21777 and 22325. Breaking any side will confirm the Trend. Until 21700 is broken, buy on dips.
Last week Nifty consolidated within 300 points and Buyers provided support at 22300. Nifty closed above 22500 first time and expecting Market to go forward.
Last week Nifty able to hold 22250 till Tuesday. But Wednesday big candle broken the support and fallen till 21900. Next 2 days Bulls able to hold 21900. So, now the range is 21900-22150 is consolidation range. Broking any side will give momentum. As election dates are announced, VIX might shot up from here. Also, global cue is not looking good. Considering candle...
Last week Nifty able to hold 22250 till Tuesday. But Wednesday big candle broken the support and fallen till 21900. Next 2 days Bulls able to hold 21900. So, now the range is 21900-22150 is consolidation range. Broking any side will give momentum. As election dates are announced, VIX might shot up from here. Also, global cue is not looking good. Considering candle...
Nifty in Blue sky zone and FII started buying. Buy on dips Market until 22250 is broken on closing basis
After some consolidation, Nifty going towards ATH.
Last week Market was Volatile and moved 1.5%(300) points every day and Friday it HIT ATH and then selling started still it's closed above 21850 resistance. So, Friday low is imp line for Bull to Hold. SuperTrend also provided Buy signal on Friday. Both FII and DII is bought on Friday and US markets also hit ATH and Meta is 20% in a day. Considering Global cue and...
Last week market only opened for 3 days. All 3 days FII Sold and broken lower low. So, last week low and high is imp now. Market might consolidate within 21200-21800 and might brake after budget(1st Feb). As VIX will raise due to budget, better to take any position after budget.
After hitting ATH, Nifty broken 21500 due to profit booking and HDFC results. US market is hitting ATH, but FII selling in huge in India. superTrend also given Sell signal. considering global cue and ICICI results market might not fall much and so, expecting Nifty to stay within 21250 - 21900 Range.
Another week Nifty closed on ATH. But on Dips market until 21500 is broken with volume.
Last week Nifty traded within 21500-21835. Friday US Market also flat. so, expecting market might consolidate few more sessions and results will decide next steps. As budget also, nearing VIX as well as volatility will increase.
Last week bull take control except Friday.. But both FII and DII net buyers on Friday. Considering Flat market in US, expecting gap up open and bullish Market.. Trial your longs with stop loss of 21580.
Mother handle formed on 20th Dec. breaking any side of the handle will give more power to bulls or bears. As FII on holidays, expecting consolidation in entire week. If you are already long keep Stop loss in low of Thursday candle ride.. Shorting still not a option until Thursday low is broken..
First 3 days Nifty consolidated as expected, but after FED positive comments its running like anything. 11% up in 6 weeks and 7 weeks of green candle.. Longs getting exhausted and still Bulls are in control. Buy on dips until 21K broken..
Last week Monday gap up and expected some profit booking. But market is resilient and even 100 pts fall bought immediately.. expecting some consolidation before next leg up.
Nifty in ATH.. what else.. buy on Tips until 20K broken with volume..
Last week market struck within 19670-19875.. sellers came to picture whenever market is above 19800. But, didn't fall much. Considering this, close above 19880, will provide lightning move.
Last week bull took charge after Diwali holiday and both DII &FII bought on Wednesday and Thursday. But sellers came back, once we reached 19800. Considering US market and Fed pivot, we will run upside once 19800 broken.