18212 - Has resistance at 18268 to 18314 . A inverse J hook suggests a bullish trend continuation with support 18158. A breakdown below 18145 could make nifty to retest 17950- Reduce in effort/result suggests weakness in trend
Nifty 18221 - Has almost reached near our target 18240 ( Just missed by 20 points ). We posted this target 18240 on 9th when Nifty was trading just around 17820 . We posted with reasoning for this target on 10th Jan
Nifty 18003 is moving as expected. So what Next .. Read below A strong breakout suggest Nifty has more possibility to test 18240 keeping 17960 as support. Why ? Check below
Nifty 17812- As we find some accumulation in charts and nifty holding on trend line, we expect nifty will move to 18240 until 17745 been held.
Nifty 17745 - A J hooked pattern could be seen in charts. Bullish as long as Nifty could held its Support above 17720. Below support, Nifty has more possibility to test 17255
Nifty 17625 - Nifty as posted has test the resistance zone 17523-17595 and has closed above the same. So what Next ? If it could held its close above the zone then we shall expect 18115.
Nifty 17354 - Has support at 17255-17240 and resistance at 17523-17592. We expect Nifty will test the resistance.
29Dec2021 : Nifty 17233 - As long as Nifty held its close below 17235 we shall expect Nifty to test 17095
28 Dec 2021 : Nifty 17086 - As long as support 17028 been held, Nifty could test 17320.
Nifty 16770 -Some buying interest coming in. Nifty has resistance at 16885. We expect Nifty may test this resistance and if it couldn't breakout then we shall expect it fall back to 16615. Last Posting : Target achieved
Nifty 16885 - Has achieved high of 16936 ( Just 4 points below target 16940 as posted in today's morning post.) Read the morning post below to believe
Nifty 16614 - Tweezer bottom. As long as Nifty could held its close above 16535 we shall expect 16940. Nifty achieved target 16690:
Nifty 16683 - Has achieved target 16690 as posted..
SBIN 467 - As long as it held its close below 470, we shall expect it to test the zone 458 again. Our Earlier posts for reference ..
Nifty 16985 - Has fell below 17095 and retest has passed. So what Next ? As long as this resistance we shall expect Nifty to test 16850 - 16700. Resistance at 17195.
Nifty 16982 - We have been posting from Dec 15 that Nifty has more possibility to test 16940 zone again. Nifty has already dropped to a low of 16980. Expecting Nifty will test 16940 shortly. Earlier posts below
Nifty 17221 - Could You find a similar pattern ? Nifty is struggling to held the support 17199. If breakdown then we shall expect it to touch 16940 zone again . Resistance is around 17324-17360.
Nifty 17204 has achieved target 17199 as we have been posting for the last 2 days.