bijoy2526

bijoy2526

CONSISTENTLY NIFTY IS FORMING HIGHER LOWS. NOT MUCH CORRECTION IS INSIGHT JUST NIFTY MAY STRIKE AT 12000 NEXT WEEK. HOWEVER NIFTY HAS SUPPORT AT 11790 AND RESISTANCE AT 11902. IT SEEMS THERE WILL BE A GAP UP ON MONDAY. WE ARE ALREADY IN A BULL MARKET.

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NEGATING BEARISH BAT PATTERN FALLING WEDGE BREAK OUT OF CRUDE OIL IT SEEMS INDIAN MARKET WILL RALLY TOO ON MONDAY

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SELL FOR LOWER LOWER TARGETS

bijoy2526

MORE HIGHER LEVELS AHEAD FOR TATA STEEL. FIND MY ATTACHED CHART

bijoy2526

LET US SEE IF IT TOUCHES TODAY OR MONDAY. TREND LINE HAS ALREADY BROKER

bijoy2526

NIFTY MAY SURGE ON MONDAY. IT IS TRADING IN NARROW RANGE WITH POSITIVE BIAS. IND MY YESTERDAY'S CALL ON NIFTY

bijoy2526

YES BANK WILL GET SUPPORT AT THE TREND LINE THAT IT HAS TAKEN OUT TODAY. CLOSING BELOW THIS TREND LINE MAY RESTRICT ITS FURTHER UPWARD MOVEMENT. REVERSELY IF IT TAKES OUT THE RESISTANCE LINE HIGHER LEVELS ARE POSSIBLE. WILL UPDATE DURING MARKET HOUR.

bijoy2526

MAY CORRECT TEMPORARILY.. IMP SUPPORT ZONES ARE 11789,11760. RESISTANCE FOR NIFTY 11902. IF SUSTAINS ABOVE 11902 HIGHER LEVELS ARE POSSIBLE.

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AND AGAIN TAKING POSITION FOR ANOTHER MOVE CHART WILL BE ADJUSTED SOON PLEASE LOOK AT THE ATTACHED CHARTS

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THE CHART COMPLETELY CATCHES ITS MOVEMENT

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TURN AROUND OF TATASTEEL FIND MY PREVIOUS IDEA

bijoy2526 Updated 

SEEMS TO BE RESUMING UPTREND

bijoy2526 Updated 

BULLISH BAT THIS TIME. NIFTY HAD RED CANDLE TODAY WITH HIGHER HIGH AND HIGHER LOW. INFOSYS ALONE CONTRIBUTED AROUND 115 POINTS IN THE NEGATIVE SIDE. UPWARD MOVEMENT OF NIFTY MAY RESUME. STOP LOSS SHOULD BE BELOW D

bijoy2526

INFY TOUCHED THE HEAD AND SHOULDER BREAK DOWN TARGET. POSTED YESTERDAY

bijoy2526 Updated 

ON WHISTLE BLOWING COMPLAINT ALLEGING UNETHICAL PRACTICES. ANOTHER BLOW TO INDIAN STOCK MARKET INFY LIKELY TO PULL DOWN NIFTY. HOW EVER IF I FEEL IT WILL GIVE OPPORTUNITY TO BUY INDEX AGAIN. MOST IMPORTANT HOW MARKET REACTS TO THE RESULT OF HDFC BANK AND RELIANCE. MOST IMPORTANT MIDCAP PARTICIPATION IN THE MARKET MOVEMENT.

bijoy2526 Updated 

TATASTEEL SEEMS TO BE REVERSING.STOP LOSS SHOULD BE BELOW D AND TARGET PRICE MAY BE 395425 OR HIGHER

bijoy2526 Updated 

HOW EVER IF ANY CORRECTION TAKES PLACE TOWARDS 11590-11570 OPPORTUNITY TO BUY . JUST ABOVE THIS RANGE NIFTY HAS SUPPORT AT 11630. RESULTS OF HDFC BANK AND RELIANCE WILL INFLUENCE THE MARKET DIRECTION ON TUESDAY. MONDAY SGX NIFTY MOVEMENT MAY PROVIDE SOME CLUE ABOUT THE NIFTY FOR TUESDAY. HOPE NEXT GOOD MOVEMENT FOR NIFTY NEXT WEEK TOO AND HIGHER LEVELS FOR NIFTY...

bijoy2526 Updated 

IF IT BREAKS IT AND THE RESISTANCE LINE WE CAN LOOK FOR HIGHER LEVELS