There is a possibility that nifty may take support around 24400-24500 zone and will give a pullback till 25300-25400 zone, there the FII game is there , IF they stop selling and resume buy nifty may scales new highs again 26500+ If they refute and sell again then nifty may fall till 22300 zone for the next support Thats all my prediction please share yours...
Dear friends Fiis are making a killing selling as the indian stocks are being overvalued Let see the trend untill 23900 or 22800, on monthly trendline support at 22800 My lines wont help the nifty to take support , but helps us to predict Happy investing
seeking a pattern repeat similar to a previous pattern, present trend may consolidate for 8-11 months till the channel gets broken , to breach new all time high of 26277 It will be consolidating phase , overvalued stocks will be squeezed and prices being get adjusted to be fair priced. So please stick with good value stocks , and stay away from euphoria...
Nifty tired , failed to move up in many instances , looks like a distribution mode, please avoid collecting stocks for a while , until it takes 24450 comfortably there is a bright change it can test 23700-23800 zone , keep sail safely , dont be aggressive on stocks till that
Nifty today taken a big hit along with relative indices like MIdcap smallcap and other allies though the near term perspective is sell , few stocks nearing the intrinsic value seems providing the opportunity to buy long term investors stick to buy and hold shortterm buyers stay away. nifty may provide opportunity to sell at 22150 by tomorrow and then there is...
Banknifty pattern W, upmove may take upto 48300 weak below 46300
titan 3550 immediate possible tgt today forms a bearish cadle with stochastic turn , making the possibilities bright to reach 3550
this impulsive momentum in nifty will carry the spot to 22380 -22450 with the immediate support around 22050 bank stocks adding strength to the index
Deepak nitrate can be bought for a target of 2420-2450 with a stop below 2320 on closing basis
There is the higher the probabilities for the nifty to test 21950 again
Bajaj finance posing a weak chart, broken support at 6575, can expect spot at 5850. will provide a good opportunity for buy at 5850 level
NIFTY SHORT VIEW LEVELS POSTED IN CHART ITSELF THANKS , POST UR VIEWS