As we analsyed NIFTY took trendline as support and showed strong upmove and has been in uptrend ever since hence we can still expect nifty to continue its rally till 18900 which is its next important supply zone so keep watching everyone
As we can see NIFTY can be seen making a doji candle in one day TF and also this candle formation has been done around trendline showing a potential signs of REVERSAL hence we might expect an upmove from here but if opens weak then we can wait for NIFTY to take support at both psychological levels and the trendline so keep watching everyone
As we can see NIFTY couldn’t sustain itself above 18600 and fell unidirectionally! Now we can expect NIFTY to fall further till the trendline wherein any signs of rejection around that area should be a good buy as 18500 being a psychological level could act as a catalyst being a good support so keep watching and wait for better opportunity to enter for long
As we can see NIFTY despite the strong upmove in the first half finally took a toll in last hours but it did close above 18600 mark which is also both a psychological level and important support as it has acted as an important resistance in previous trading session hence we might expect a strong opening today and carry its bull run so keep watching everyone
As we can see and had been analysing since past few weeks that unless NIFTY closes above or below either of the levels it can remain sideways but NIFTY showed a strong closing above our given range and hence we can expect NIFTY to move further up till 18900++ in coming trading sessions so keep watching everyone
As we analysed in our previous post that more of downfall was coming! We did see some great downfall in the first half and filled the pending gap before finally recovering in second half! We can now expect nifty to remain sideways unless NIFTY finally breaks out of the range and moves either side hence unless it breaks either side we can expect NIFTY to remain...
As we can see despite the strong opening NIFTY failed to sustain itself and fell. We can see a gap pending which can be filled till 18500 levels which is also a psychological level and could act as an important SUPPORT hence any signs of REJECTION around those area would be a good buy with better R:R else its on bearish side as of now
As we can see NIFTY can be seen being sideways to negative since last two days but maintaining itself above the zone or demand zone of 18400 ! We can also see NIFTY maintaining itself above the trendline and the trendline is acting as a support hence a better entry would be around 18400 wherein signs of REJECTION must be seen around the trendline for better entry...
As we can see more of fall was witnessed in NIFTY from 18600 levels and fell till 18450 level we can expect more of fall till 18400 levels before finally REVERSING! We can even see a trending that is being followed by NIFTY which might act as a support for now hence long positions should only be made around supports
As we had been analysing since last 2 days that the pending gap is yet to be filled and we did see that gap filling in last trading session! Now it completely depends upon opening of NIFTY as if NIFTY opens above 18500 we might see some pullback or else we can see more of downfall coming up in NIFTY till 18400 wherein signs of REVERSAL could show good upmove so...
As we can see NIFTY had been sideways throughout the day hence making it more room for fall in coming trading sessions! if NIFTY opens strong then we might see NIFTY getting rejected at 18700 levels which is a better place to short! on the other hand if NIFTY fails to sustain itself above 18600 levels we might see a good downfall in coming trading sessions so keep...
As we can see despite the strong opening in NIFTY it succumbed to being sluggish to negative the whole day which means it couldn’t hold itself at given levels hence if NIFTY opens weak and could not sustain itself above 18600 levels then we can expect a downfall coming up yill 18400 levels but if it opens strong then we might expect NIFTY to reject around...
As we can see BANKNIFTY can be seen in consolidation since last few weeks now and had been hitting resistance which is a psychological level of 44000-44150 levels making it weaker ! Hence we can see BANKNIFTY again making new all time high now hence any flat to strong opening can show blasting upmove in upcoming trading sessions so keep watching everyone and make...
As we can see NIFTY again showed weakness in the first half until it reached our level of 18170-18200 levels which has been discussed multiple times before in our post and it showed great REVERSAL from that very level of over 120++ points in the last couple of hours hence we can still see NIFTY being in range between 18200-18450 levels and expected to remain in...
As we can see NIFTY again showed sideways to negative market throughout the day despite its strong opening! Our views still remains intact and we might see NIFTY remaining sideways to negative in coming trading sessions and only level we must watch is 18170-18200 which is its eminent demand zone from where we might expect a closed pullback hence keep watching everyone
As we can see NIFTY despite its strong opening got rejected around 18400-18450 levels as analysed in our previous post now we can still see NIFTY to remain sideways to negative in coming trading sessions despite the strong opening hence only if NIFTY sustains itself above 18400-18450 levels we can see NIFTY remaining negative to sideways so take trade accordingly
As we can see NIFTY rallied over 150++ points as analysed as we expected a good upmove if opened strong but now it can be seen back in range from 18200 to 18450 levels hence we might see NIFTY getting rejected again around 18400-18450 levels and stay in a range before showing a unidirectional move so keep watching everyone
As we can NIFTY did broke down our given levels and did reach around 18000 mark before reversing! now we can see NIFTY heading towards our level again hence the previously acted as SUPPORT might act as a resistance now hence any weak opening and headed towards 18200 levels would be a good short but if it opens strong then we might see NIFTY taking support at our...