As we can see NIFTY can be seen taking a halt as we had analysed in our 2 days back post that the market tends to take a halt when a big move is made to confirm the further continuation of upmove or correction. Hence we can expect NIFTY to remain sideways before finally moving big. Any closing above the structure could result in massive strong trend so plan your...
We can again see the pressure from higher levels as we had been analysing in our last posts that it is trading at MAKE or BREAK level. Hence as long as the NIFTY doesn’t the break the structure, it is likely to remain sideways to negative unless a strong breakout that could lead to another new ATH so plan your trades accordingly guys.
As we can see NIFTY has almost recovered the panic which was created due to uncertainty of non performance of NDA government but the trust has been regained after gaining majority. It doesn’t matter if it is done by coalition or alone, NDA will be ruling BHARAT for next 5 years which itself should be a positive news. Now that our PM MODI has finally taken oath, we...
As we can see NIFTY has recovered almost 75 percent in just couple of days but this big mother candle can’t be broken in single shot and next direction will be defined only if either side is broken of the mother candle hence we may expect some sideways to negative market before finally breaking either side of the mother candle for deciding further upcoming move so...
As we can see NIFTY managed to recover despite NDA’s weak winning which shows WIN itself is a major determinant of how economy and market would perform hence as long as NDA government is in power, market is expected to remain stable with bullish outlook. Now NIFTY can be also seen closing inside the structure and hence can be expected a full short covering in...
As we can see NIFTY trapped everyone as analysed in our last analaysis. Now the index has gotten weak despite the win of NDA but if NIFTY manages to open inside the structure then we may see some bullishness else it could be more like sideways market today so plan your trades accordingly guys
As we can see NIFTY rallied and opened very strong as analysed in our previous post. Also it got rejected from our exact TRENDLINE resistance. Since this rally is more like influenced by the ongoing election results and not from fundamental improvement hence it is expected to last short. We can expect another upmove which could be a possible trap which NIFTY...
As the election sentiments are going on and it seems like NDA is winning with substantial majority and as stock markets are purely driven by sentiments, we may see NIFTY opening up very strong and can also show new ATH in coming days. We can also see NIFTY at important SUPPORT which could add fuel to the fire so plan your trades accordingly.
As we can see NIFTY is now trading at important trendline SUPPORT and despite the strong downfall, we saw NIFTY taking support from the trendline and structure. As long as NIFTY maintains itself above the structure, every dip is an buying opportunity till it finally breaks down which could lead to 300-400 points downfall in single day so plan your trades accordingly.
As we can see BANKNIFTY has finally reached our demand zone which has been discussed previous day! If BANKNIFTY manages to take support here then we may see a strong REVERSAL else any closing below this zone may lead to the fall till 47500 so plan your trades accordingly
BANKNIFTY can be seen getting rejected from the median and next eminent support can be seen around the gap which can be filled and acted as a support for new upmove for new ATH so plan your trades accordingly
As we can see after strong rally BANKNIFTY finally got rejected from our supply zone which has been marked as a median making BANKNIFTY indecisive now but as soon as BANKNIFTY breaks above we may see 50k mark in no time leading to new ATH so plan your trades accordingly.
As we can see NIFTY has formed more like an inverted hammer candle in daily time frame which shows signs of weakness but we must stick to the main trend and look for buying opportunities hence as long as NIFTY maintains itself above 23000, the trend continues so plan your trades accordingly.
As we can see despite various volatility NIFTY managed to breached ATH with immense strength and closed strong. We can also see it has broken off a structure formed like W hence we may expect NIFTY to continue its rally till its upper band of 22300 where it might face resistance so plan your trades accordingly.
As we can see despite the weakness in BANKNIFTY, we saw continued strength from NIFTY and it is likely to stay strong till the election are declared hence we may see few more new highs so plan your trades accordingly.
As we can see despite the breakdown in the daily time frame, it managed to recover almost 500 points and kept on rallying. Despite the weak opening of both the index, it rallied and looks like heading towards new ATH. Hence as long as NIFTY is above the structure we may see few more couple of new highs in NIFTY before 4 June so plan your trades accordingly.
As we can see despite NIFTY hitting new highs! BANKNIFTY has been falling behind but we can now expect BANKNIFTY to catch up to NIFTY anytime sooner so plan your trades accordingly.
As we can see despite its strong opening, we saw huge fall of over 500++ points with strong recovery closing at day’s high which shows the overall trend is strong bullish hence till the structure is maintained! Every dip could be bought without being scared so plan your trades accordingly.