Friday, December 21, 2018

Nifty Chart


 Bear Side: 10870 below some more weakness up to 10770. Oscillators are at resistance.  
So, expected some consolidation with negative bias for 2-3 days.

Bull Side: Short covering above 11040(c) for 11089-11299-11333-11384+
10940 hold then recovery for 11040-69 and 11089


Monday, December 10, 2018

Nifty Chart


10455 Short term Trend line support
10440 38.2% of swing  10710-10004
10427 Long term Trend line support
So expect bounce back range 10455-427  


Monday, October 15, 2018

Nifty Chart

Banknifty may test resistance 26200+ holds 25000

Nifty holds 10138 will be +ve 

Thursday, October 11, 2018

Nifty Chart


Nifty cash:
Bull case : 10477 above 10520
Bear case : hold 10474 will reach 10399-10352-10320
Nifty Bank cash :

Bull case above 25400  for 25550
bear case below 25159 for 24800

Monday, October 08, 2018

Nifty Chart

Banknifty max down side 23600+

10300 holds nifty bounce back target 10800+

Fibonacci consolidated phase TGT 261.8% done so possible for bounce back

Friday, October 05, 2018

Nifty chart

24600 and 25400 key levels for longs and shorters - Banknifty
10525 and 10635 will be key for shorters and long holders and nifty

Thursday, October 04, 2018

Nifty Chart

10800 below nifty weak for 10640+


25000 below weak banknifty cash level

Friday, September 28, 2018

Nifty Chart

25000 key for bulls - banknifty cash

10850 key for bulls - nifty cash

Monday, September 17, 2018

Nifty Chart

Nifty Extended last swing reversed from 0% is also for new high

Nifty Recent full swing 10417-11760 reversed from 38.2% +ve sign for new high

Banknifty Recent swing reversed EXACTLY from 61.8% for new high

Wednesday, September 12, 2018

Nifty Chart

EXACTLY bulls key mentioned 27000 for 26600

EXACTLY bulls kay mentioned 11400 break and reach 11274

Tuesday, September 11, 2018

Nifty Chart

26900 key level to bulls on closing basis banknifty cash

11400 key level to bulls on closing basis cash nifty

Tuesday, September 04, 2018

Nifty Chart

Banknifty (CASH) 27700 and 27340 key levels on closing basis 

Nifty (CASH) 11650 and 11550 key levels on closing basis

Monday, September 03, 2018

Nifty Chart

Nifty holds 11600 bulls live

Banknifty 27500 holds bulls keep track

Thursday, August 30, 2018

Nifty Chart

Banknifty 28350 key for 28700+

Nifty holds 11640 will be good for 11813+

Thursday, August 23, 2018

Nifty Chart

Banknifty Important levels for breakout with Target 

Nifty Support with Target 

Monday, August 20, 2018

Nifty Chart

Recent Fibonacci retracement exactly bounced from 61.8%  for 138.2%

Breakout second time in nifty

Monday, August 13, 2018

Nifty chart

weak below 27900

max possibilities 11300

Tuesday, August 07, 2018

Nifty Chart

Banknifty Swing Crossed 138.2% so sl same for Target 161.8%

Nifty towards 138.2% Retracement Target

Monday, August 06, 2018

Nifty Chart

Expected short covering above 27900(C) for 28095-28118+



Perfect reversal of nifty in weekly swing 11171-9684 and Double top 11171 breakout with good candle size and volume.  So 11171 key for up-side.   Intra view : Traded above 11440(C) for an hour will lead to 11484-11493+  Expected month end profit booking.  Projected Target 11900+ will be possible once close above 11600 only.  Close below 11290 will lead to 11171.  Any GAP-UP may initiate traders to book profit in intra and cover today at support 10320-10300 range

Friday, August 03, 2018

Nifty Chart

Short term  Trend line broken 

Extended Fibonacci below 11230 weak upto towards 11170


Wednesday, August 01, 2018

nifty chart

Banknifty at resistance 138.2% crossed and closed then 161.8% Target 28111+

Nifty double top breakout for the next target 

Monday, July 30, 2018

Nifty Chart

Double bottom reversal hit in between high [previous high 27652 ,Fridays high 27661, almost double top now, any GAP up above this level will reach 27753.  138.2% 27760(c) of the swing 27164-25622, Key for further move up to 27980-28117]



Trend line resistance 11309, Swing 9951-10929's 138.2% at 11302; Extended Fibonacci Swing resistance 11330.  So range 11302-11330 will be for profit booking / consolidating before further move.  Hold above 11330 will lead upto 11656-11670(Shorting area)  Risk takers accumulate from 11330 up to 11600 for 10800+  more patient reqd.


Friday, July 27, 2018

nifty chart


 banknifty ready to see27500 key for 27800+
11200 key for 11349+