subravi

subravi Updated 

Nifty 18865 has got rejected at 18756 and has slipped the support zone 18774 - 18724 to close at 18666. 1. Bearish wedge pattern 2. Negative diverged technical indication 3. price rejection bar pattern around 18774. 4. market data suggests sellers coming in as price falls even with short covering couldn’t raise nifty above 18745. All the above make us...

subravi Updated 

Nifty 18771 - Nifty is in support zone 18724 - 18774. As long as this zone not crossed out we expect nifty to be bearish and more possibility to test our earlier posted target 18115.

subravi Updated 

Nifty 18706 - has slipped the support channel. 18725 expected to act as resistance. Target expected 18105 as no good support could be seen in daily chart.

subravi Updated 

Nifty 18563 - nifty has resistance at 18594 and 18565. Raising wedge like pattern which is bearish.support is around 18502,18286.

subravi Updated 

Nifty 18593 - Resistance at 18630 and support at 18536,18455. Carried position : 15 June 18600 PE @ 117.

subravi Updated 

Nifty 18487 - ascending triangle pattern could be seen. Resistance at 18536. Below more possibility to test 18070.

subravi Updated 

Nifty 18285 - Nifty trend is negative. Both hourly and day indicators also confirms the same. Resistance at 18355 and support at 18185,18075.

subravi Updated 

Nifty 18203 - hourly indicator suggests possibility of negative divergence formation, HS pattern is visible in the chart which is bearish. Daily indicator is also negative. Resistance at 18255 and support at 18070.

subravi Updated 

nifty 18129 : nifty has support at 18075 and resistance at 18255. as signals are positively diverged in hourly chart, we expect nifty to test the resistance.

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Nifty 18314 - is showing negative divergence in hourly chart suggests 18340 is resistance and 18165 is support.

subravi Updated 

Nifty 18069 - Nifty couldn’t hold above18187 and has slipped and trying to hold the support 18042-18066. Resistance is at 18187. We expect nifty will be bearish in coming sessions and has more possiblity to test 17840..

subravi Updated 

Nifty 18124 - has resistance at 18186 and support at 17840. 18001 expected to be trend decider

subravi Updated 

Nifty 17624 - we expect 17640 will be the the trend decider. If unable to cross this, we shall expect 17430.

subravi Updated 

Nifty 17812 - has closed above the trend decider resistance 17752. As long as it could hold this support we expect nifty to test 18152. Below this trend decider nifty has support at 17420. As long buildup could be seen in market data we expect nifty has more possibility to test the resistance.

subravi Updated 

Nifty 17624 : Has closed above resistance 17620. Support is at 17537. Market data suggests long buildup. Possibilities to move high as day signals are bullish. Consider short / long strictly around these values according to nifty moving direction. Falling down from above resistance / support - short, raising above the resistance/support from bottom - long.

subravi Updated 

Nifty 17599 - Expecting 17620 as trend decider. If closed above nifty could test 17760. If couldn’t move above 17620, then nifty has support at 17540. Market data suggests long buildup. So more possibilities for nifty moving further high. Consider long or short positions strictly around 17620 ( +/- 20 )

subravi Updated 

Nifty 17359 - Has traded in the resistance zone in the last session and has closed below the upper resistance trend channel. 17378 will be the trend decider. If trading below the decider we shall expect Nifty touching 17220. Price at upper trend and the indicator also at high sold region add value to bearishness.

subravi Updated 

Nifty 17080 - Is trading in the resistance zone and resistance is at 17144. Support at 16953 - 16917. Technical Trend is negative.