14 December 2015

A Gap down opening, thought price managed to hold above 7590 and 7540, shows a possible recovery soon. 

News flow like RBI meet with Bankers, GST Out come from Congress and Fed Out come may decide the next move. 

11 December 2015

10 December 2015

Next Support 7590 and 7540 - If Congress Support GST.

9th December 2015

8th December 2015

7th December 2015

4th December 2015

3rd December 2015

2nd December 15

30-11

27-11

26-11

If Nifty cross 7906-7915 - Previous high - Expect Nifty to Test 7960 -70 or the upper top of the Channel top as shown in chart.

24-11

23-11

20-11

more rally on cards..for Target 8023 - 8117+

19-11

Break out seen on chart, If the above chart is not wrong, expect fresh rally and short 
covering above  7865..

18-11

MAKE or BREAK situation for NIFTY.

It seems like Nifty is forming double bottom, If analysis is true than we may expect relief rally towards 7850-7900+, if break than SELL SELL SELL for Target 7540.

17-11

Prices resisted at 50 HMA, Cross above 7860 may trigger next rally
Target 7880-7900-7930. Or else fall till 7717-7700.

16-11

As expected, Nifty took support near 7710, made a low of 7714 and started moving up. Tomorrow 7860-70 and 7930-40 may act as resistance.

13-11

> Nifty trying to form a Head and Shoulder. In such a case, Price may try to get support near 7730,7710 or 7690. If holds these support, Expect a bounce back to form the right shoulder. Hope the above chart and strategy gives you a clear idea of whats next on nifty.