As we have been analysing that every dip is an buying opportunity till nifty sustains itself above 17500 level and it has more likely started its bull run and now we have one more indication as a catalyst as the trendline which nifty is following since 2 weeks now hence we aee still in uptrend and every dip could be a buying opportunity for now
As we analysed that NIFTY could be sideways to negative, nifty exactly followed and had been sideways the whole first half and finally showing a good fall in final hours. Now we can see NIFTY closed around 17500 levels which is also a psychological level and a strong support hence we might see a strong upmove from here unless nifty breaches 17500 levels below...
As we can see exactly analysed in our previous analysis, we saw more like sideways to volatile expiry which finally closed above 17500 hence now it completely depends upon the opening of NIFTY as if NIFTY opens below 17500 we might see bearishness throughout the day and if it opens above 17500 we might see NIFTY getting rejected at previous highs making it a...
As we analysed in previous analysis that 17500 spot level could possibly stop nifty from further going up but nifty opened above 17500 but couldn’t sustain itself and finally fell down but it did closed above 17500 level,, now we can expect if opens strong and abobw 17500 a further bull run else we can expect a sideways to volatile market below 17500 levels
As we can see NIFTY exactly got rejected from 17500 levels as analysed In previous analysis and we saw a closing below 17500 levels hence we might see a gap covering today if opens weak and cover the pending gap till 17300
As we can see NIFTY exactly reversed from our given levels 17160 and rallied over 150++ points, now we can expect NIFTY to open around 17500 based on strong global cues which makes it open around important resistance hence we might see rejection from that level as it previously acted as a strong support and we can also see this level to be a neckline of head and...
As we can see NIFTY after a huge gap up couldnt sustained itself and rejected exactly from our given levels of 17300 land filled almost all the gap created which was news influenced and hence it has closed around our important resistance area which could potentially act as a support and continue its bull run! only if it opens flat to positive we may expect a bull...
As we can see NIFTY showed one sided downward rally as analysed in the previous analysis as it closed around resistance area, now we can see the trendline has been tested multuple times and following the global cues, we might see a strong opening hence if NIFTY opens above 17160 and sustains above the given levele then we might see a strong upmove of a minimum of...
As we can see NIFTY had been volatile the entire day as analysed in previous analysis but it did ended in a green in closing hours but closed around important area which acted as a important resistance and hence could act as an important resistance too so if sustained above 17160 levels then we can see NIFTY to continue its rally else we might see a rejection and...
As we have been analysing that nifty is more like bearish and in consolidation unless it sustains above 17500 levels to breaks its downtrend, after much of whipsaws we finally saw a downward movement last trading session hence we might again witness a sideways to volatile market today if couldn’t sustain above and below any of the given levels
As we can see NIFTY can be seen in more of a consolidation zone though it showed a strong upmove last trading day yet the trend is undecided and weak unless it sustains above 17500 as said in previous analysis, further we can see NIFTY headimg towards its important resistance which is 17300 levels and 17500 levels respectively hence if opens flat to weak then we...
As we can see NIFTY broke down of a head and shoulders pattern and showed a decent fall but we can see nifty retesting its neckline which could potentially act as a resistance and can show false upmove as it has already changed its characteristcs from uptrend to downtrend in bigger time frame and hence expected to make lower lows hence unless nifty sustains itself...
As we can see we did expected a rejection but at higher level but nifty despite of the gap up openenin couldnt sustain itself and fell down we can expect nifty to spend some time around 16500-17500 levels before showing a unidirectional trend till then we can watch these important levels on our chart, seeing the trend we might see a bearish side coming in nifty...
As we can see NIFTY has finally broken out of its range with strong volume and we can expect a further bull run coming in here of over 300 points but level to keep into watch is 17500 as NIFTY broke down from this level which acted as a neckline to head and shoulder pattern and is also an psychological level hence we can expect nifty to reject from these levels if...
As we can see despite of the big green candle the previous day, we saw rejection and nifty fell over 200++ points and has formed more like an inside candle type formation and hence we can expect a rally upcoming if either of the levels are broken, we can see a good upmove tomorrow if sustained above 17200 as this level has been tested multiple times, of opens weak...
As we can see NIFTY also reversed exactly from our given level of 16600-16800 and recovered almost 300++ points, now we can see NIFTY heading towards its important resistance which is 17200 as it has also previously acted as a great resistance and a pending gap could also act as a resistance hence we should now jump right at strong opening as we can see nifty...
As we can see BANKNIFTY reversed exactly from our expected level of 37000 and made a rally of over 1000 points though it was more of a news driven rally but did respected our levels, now we can expect banknifty to continue this rally, next emminent resistance can be seen around 38800-39000 levels hence before continuing its rally we can expect a sideways marker in...
As we can see BANKNIFTY fell over 500 points despite of the huge gap up and also broke last days low and hence the next emminent support we can see is around 37200-37000 levels which is also a .50 level fib level and is a 50 percent retracement of the overall trend hence banknifty must reject and take support around these levels else if fails to take support...