Looks one more one day rally is due on Monday or by Tuesday of 200 to 300 points. Then after as said in my last analysis if nifty crosses 9600 then you can see the rally till 10000-10400 . Bang downward after that. RSI also hinting the same.
See the RSI . Its in downtrend. Be ready to short around 10830 to 10850. Flag is in the making. The day i published of flag making , it is respecting the yellow downtrend line. Just short on any rise. Something big is going to happen. Market will fall .
As said in my earlier analysis any rise till 10850 to 10900 is wonderful for making short position. Just short. C the chart it is respecting yellow Border. Watch the RSI it is respecting the trend line. Take your call accordingly. Best of luck guys.
Dear all, Bank Nifty is a highly manipulated Indices . Very hard to predict where it can go. Anyways my analysis is for a month and not for Weekly Expiry. You see the Yellow line , it will not cross it. So any Upside around 27000 is a very very very good oppurtunity to short. 26447 has little support . If it close below 26447 then downward move can be seen...
Dear all , you can see Nifty is moving between the Flag. Dont get afraid if it goes till even 10860 to 10900. It will be a excellent shorting oppurtunity. Nifty will have to move downward till 10300 to 10400 by 4th week of this month . What i want to say remain just short on any upside. It will not make a new high this year.Bbelieve me. Any new new viewer...
As i said Nifty 50 is in the making of new flag. And now i can confidently say that yes Flag is going to fly. And you can see its not going above yellow line. You have to believe it. Watch the chart carefully. Forget about all other analysis like 50% retrenchment,candles etc.
If i am not wrong we are in verge of making 3rd flag. See from your eyes . I have putted a lot of hard work for this. If that is so then we are in the downtrend journey this year before starting for new High( I still consider we are still in bull phase with small downtrend). Whole scenario shows that after Mega election this year nifty will start for new...
See the light green line from 2010 and 2009. Everything is between this. Explore the secret of nifty 50 yourself. Love it,Live it, Enjoy it.
Who will say this to you all??? Will any. I make it very simple for even person who even know very little can understand.
If Bank Nifty stayed for 15min above 26293 or crosses yesterday high of 26326 then immediately go long for the target of 26400 to 26450.
Watch green arrows in chart and in RSI. Probability of reversing from yesterday close or from 26400 to 26450 is quite high. Take your call accordingly. I feel its been forcefully forced upward . Lets see tomorrow.
Below 67.50 it can slide to 64.50. Currently its out of the channel. For taking long position it should close above 72.50 and should be inside channel. Follow chart for support and resistance. Dont forget to like if my ideas helps u