Tuesday, February 19, 2019

Nifty Chart

Banknifty cash
Small hurdle from 26759-26800 to reach 26925-26989, close above 27000 will reach 27130-27218.  Possible next support,  38.2% of the swing 27754-24240 at 26411.  Any close below 26400 will lead to 25940-25630 range.  Positive only above 26800©


Cash Nifty -
10655© will be good for bullish up to 10734-50

Monday, February 18, 2019

Nifty Chart

Banknifty Cash -  O-27017 H-27029 L-26635 C-26794(-394 points volatility)
Short term trend line 26700 EXACTLY bounced and closed above from the low 26635.
Swings 27589-26441 78.6% at 26686 . So range 26686-26635 will took major support on hourly chart. Todays close must be positive for further bullish. Folded resistance 27097-27148-27252,
Nifty cash - O-10780 H-10785 L-10620 C-10424(-165 Volatility)
10004-11118 swing’s 38.2% at 10692,
10583-11118 swing’s 78.6% at 10698.
As per EMA’s of RSI still bullish, range 10692-698 Hold on closing basis with complete bounce back from 620 on closing basis from 61.8% of the swing 11118-10333
4th Wave of the swing holds 38.2% then 11322. Multi-level support maintain for 2019.
Short covering above negative breakout trend line 10855©

Friday, February 15, 2019

Nifty chart

Banknifty Closing basis long trend line and 23.6% of the swing at the same place, close below this trend line will issue some selling pressure even in intra basis also

Nifty Closing basis long trend line and 23.6% of the swing at the same place



Wednesday, February 13, 2019

Nifty Chart

May touch 61.8% worst case 78.6% Banknifty

expect any gap down may bounce from 61.8%

Friday, February 01, 2019

Nifty Chart


Banknifty expected above 27350 good move
Nifty 10940 above good move

Monday, January 07, 2019

Nifty Chart

 O-26999 H-27274 L-26926 C-27195(+348 points volatility)
Weekly resistance 27400 and monthly resistance 27500(C) crossed and closed then short covering for 27800, 28030-80+

O-10699 H-10741 L-10628 C-10727 (+113 points volatility)
Holding second time 10610 [recent swing’s 38.2%]  Any close above 10753 good for 850-890+.  Close above 10940 for 2 days enough to reach 11089+

Tuesday, January 01, 2019

Nifty Chart

Banknifty bearish pattern formation is going on

Nifty at Swing's resistance 78.6%

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