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.

10-11

Support at 7770, If holds, expect a possible Relief Rally as shown on above chart. 

09-11

06-11

Sale Sale Sale ...Diwali Sale..in market ..Enjoy...!!!

05-11

04-11

03-11

If 8030 Support holds - Expect more rally for Target @ 8140 - 50..or If break than 7950.

02-11

 As per, Price took support @ 7995 and bounced back. If able to cross above 8060, expect
some relief rally for Target 8140-50.

Weekly Review 31-10

Weekly Charts giving indication of Target 7770.

Daily Charts.


Nifty may take support at 50 DMA, If fails big fall continue...than SALE SALE SALE...

29-10

28-10

27-10

26-10

23-10

21-10

Price out of the wedge. Today's late recovery might be an throw back. Price need to break below 50 HMA

to confirm the down trend, if holds, expect price to reverse once again to test the previous high or even above

20-10

19-10