subravi

subravi Updated 

Nifty cup and handle pattern.target 18450 Hidden Divergence in indicator.

subravi Updated 

Nifty 18053 - Nifty has successfully moved above 17980 and has closed in the grey area. Market data suggests long position accumulation by market movers. Volume study suggests positive divergence. Hence we expect Nifty would be moved to 18140 and if it breaks could move to 18310.

subravi Updated 

Nifty 17894 - nifty as couldn’t held its support 17940, hence we entered short below 17929 yesterday. We expect 17840 will be as trend decider. Market movers have closed all positions and volume study suggests heavy short selling. Will be looking for short selling opportunity below 17840.

subravi Updated 

Nifty 17956 - has moved above resistance 17929. As we find more short build around 17929-17992 we expect nifty has more possiblity to move to 18139 . Our trade plan Go long above 17930 and short around 18140.

subravi Updated 

Nifty 17858 - Nifty move in second half was due to short covering.Resistance around 17940 to 17902.will consider around 17905.

subravi Updated 

nifty 17895- Market movers have closed all positions. They will look for low buying opportunity. We expect Nifty will be moved to 17390 zone by them for accumulation. Will Consider shorts around 17925.

subravi Updated 

Nifty 17914 - Market movers have closed almost all their long position. We expect 17975 will be the trend decider. We will looking for shorts around this region.

subravi Updated 

Market data suggests Market movers have accumulated longs. While selling Volume decrease, Buying volume increases confirms the accumulation. OI decrease suggests shorts covering. Market movers could successfully push Nifty to 18140 by accumulating. Option 1 : As selling Volume decreases, They may panic remaining retailers to add their longs and push Nifty to...

subravi Updated 

Nifty 18859 - Support at 17740 , resistance at 17885. Market data suggests Market movers have taken long position for the last3 days. Hence we expect market movers will move Nifty to 18170 to book their positions . Longs could be considered around the support . 17740 will be the trend decider. Nifty is bearish trend and Nifty final target is 17398..So any...

subravi

Wipro 382. Has slipped below support and has completed breakdown retest successfully. Hence we expect Wipro will drop to 345 support..

subravi

TCS 3211- Has breakdown from HS pattern. With muted Q3 result, we expect TCS will be dragged to Technical Target 3078

subravi Updated 

Nifty 18042 - Volume study of selling volume increase with price raise suggests market players were exiting positions. Market data confirms the same. We expect the retail sellers will be panicked by market players before any fresh buying . Our expected current target for Nifty is 17880.

subravi Updated 

Nifty 17992 -Nifty is in retesting the breakdown 18220. If couldn't get through this resistance Nifty will fall to technical target of 17560..

subravi Updated 

Nifty 18232- Volume study suggests nifty move is short covering or fake price raise by operators as de selling volume is decreasing while price is increasing. Market data suggests money makers have bearish position. Trend decider 18220.

subravi Updated 

Nifty 18197 = As we had posted yesterday Nifty has been moved up by market movers to close their positions. Trading volume study confirms the same. Both Up move and Down move volumes raising suggests nifty was moved up and down by them to close their positions. Nifty is at crucial bearish channel resistance. Based on market data we continue our bearish View.

subravi Updated 

Nifty raising wedge bearish pattern and has slipped below crucial resistance 18135 suggests more possibility for 700 points to go down. Market data suggests market movers have few more positions to exist . Hence we shall expect an up move or gap up opening to clear the positions. Shorts could be considered below 18165.

subravi

Nifty 18105 - Has closed below crucial resistance 18135. Market movers have almost neutralized their positions. Immediate support is at 17970 .We won't be even surprised if nifty falls to support2 17670. consider going short below 18135.

subravi

nifty move is as per our study.We expect nifty will find some strong resistance at 18335 Shorts could be considered around this resistance.