Nifty Chart

 issued following statement earlier before 2 months, close above resistance 628 will be good for 11800+

Levels for positional :[ two days closed above 11200 will be good.  To confirm 11200 is good support Monday maintain above this level is must, almost matched with Target

predicted 11595-611] Closed above 11200 will be good for  11310 , 11377-390,  11510-525,

11595-611[11561 on 26/8/2020, 27/8/2020 high 11617] , good case 11823

Nifty chart

booking profits then and there




Book profit range 11198-11377+ and away from huge longs

Levels for retracement :

As per Fibonacci Nifty sustained 10555 will be good for 10827-850 [261.8% of 10046-9544]  max 10969-999, good case  11194 with sl 10800 [trailing from 10470 to 10400 then 10800]

 levels for positional :

Closed above 11200 will be good for  11310, 10377-390,  11510-595 good case 11823

Nifty chart

 why 10827-845 was strong resistance? hit 10811 on 06/7/2020
hit 10813 on 07/7/2020
hit 10847 on 08/7/2020
hit 10836 on 09/7/2020
hit 10819 on 10/7/2020



 Why nifty struggline to close above 10827
because7511-9889 swings 138.2% at 10797
10046-9544 swings 261.8% at 10858
extension of same swing's 138.2% at 10843
swings 8806 10238 swings 138.2% at 10909



why 10550 was strong support?. because 12430-7511 swings 61.8% at 10555 [that is why strong selling from here to 10194, and breakout done on 3/7/2020 with gap above this number and low maintained 10562 , past 5 days [whole week] sideways and range bound from 10676-10847

Nifty chart

Nifty cash levels for exit longs and profit booking from 10555-700,
1. 12430-7511 swings 61.8% at 10555
2. negative divergence
3 highly over bought zone
4 current swing target 10700+

Nifty chart

Nifty and banknifty expect some profit booking from today so be cautious for a week time

nifty chart

 intra and trend levels for cash nifty and banknifty

Nifty chart

banknifty obly after yesterdays high breakout for new high, buy on dip market

expected some proit booking cash nifty 

Nifty chart

 As per Fibonacci and yesterdays closed levels holds 9000 will be good for 9631-9999+,

Any close below 9000 will be negative for 8682, 8411

Nifty Chart

Banknifty maintained bearishness and not even clkose above 23.6% of the current swing20009
yesterday high EXACT, touched and closed below  close above 20050 wiull be good for 22418+



On Daily chart
EMA50 at 9611 [yesterday high 9584]
EMA21 at 9250

in between range 350 points volatility persists
while breakout either side

12430-7511 swing's 38.2% at 9390
so close above this levels should be good for bulls

279-12430 swing's[lifetime] 78.6% at 9829
max reached 9889 and closed 9859 [30/4/2020]
next day major gap down 9533 and make a low 9266 and closed 9293
implies no strength to cross not even 50% of the swing 7511-12430

Even after 20lac Cr relief package market was
not sustained at high and above ema50

check the current swing 9038-7511 exactly reversed at 61.8% and reached
target 138.2% and almost try to reach 161.8%(9983) , actual high 9889
with bear gap of 94 points, always bear gap filled by gap down with 4 times
of the bear gap as a target], Exactly gap down next day with 326 points

EMA21 of RSI14 still maintained bearish sign [below 50]

Nifty Chart

Cash Nifty Bearish patterm breakdown at 9378 with 3 retracements.  any close below 9200 will lead to 9000 first, any +ve stimulation package/lock down release/any +ve news sill keep and close above 9400 will be very +ve upto 9900-10100+,  Any close below 9000 will lead to 8100+


NEgative breakdown trend line EXACTLY touched and returned from 21800.  with the next supports 19060-18351-17368, there is no strength to break the resistances.

nifty chart

Nifty cash and banknifty cash with levels trend only retracement for bounce actual positional trend still weak so be cautious on too much longs.

nifty chart

close above 9562 +ve for 9900+

Nifty chart

Cash nifty levels for intra

Nifty Chart

As per the 7511-9038 swing without retracement at 138.2% crossed with GAP up for

the target 9982.  With the high 9889(Balance +93 points from Friday high for the Target) implied Good support at 9622 and 9038.  Any GAP down below or close below 9600 for 9557-9525

nifty chart

nifty and banknifty levels for intra cash 

Nifty chart

Close below nifty cash will be bearish then buy around support
bearish pattern formed 

Nifty chart

Banknifty and nifty cash levels for intra and for 2 days