Hi Good Morning Yesterday we saw that the market tested the support level and because of the expire we saw the short covering from the lower level and the formation is still the lower low on Daily basis The US inflation comes as estimate and the market jumps and closes in positive The SGXNIFTY is showing the positive to flat opening the results of major it has...
Hi Good Morning yesterday we saw a consolidative session within the range of 1st support and resistance and today is the weekly expire of the indices so may be the today is also the consolidative day as the support and resistances are unchanged but the data changes and based on that we will discuss the levels also tow big tech companies having results today The...
Hi Good Morning Yesterday market again touched its base and then bounces back and may be the indices going to touched the breakout level of 17777 and the worst is it goes towards the 17500 Around the 200DMA which is the major support of the rally and it has the strong bounce The US market closes in positive yesterday because of the statement of FED chairman And...
Hi Good Morning Yesterday market touched the level of 18141 and then come down and in the closing session upmove the market couldn't touched the day's high The Dow's open around 250 points up but then come down and closed in negative and this is typical behavior of market as it goes up on Friday and then up on Monday morning to trap the longs and then goes...
Hi Good Morning On Friday we saw a huge selloff as per the expectation and market reaches the level of 17795 which is near to our target 17777 after hitting the perfect resistance zone and from the support 100 points bounce comes immediately The US market bounces around 2.5% on the same day and the SGNIFTY shows the huge upmove by 160 points Today the Dow futures...
Hi Good Morning Yesterday we saw the selling in the indices after breaking the base we saw a swift down move in the indices and the major stocks hope you were safe and the approach of buying on dips is also correct and we closed above our bases in both the indices The US market was correct last night more then a percent and the SGNIFTY is showing the Flat to...
Hi Good Morning yesterday also the market is in range first hit the resistance and then the selling comes till the support The us market is in consolidation and then ended the day at the green and now the futures is in positive The SGNIFTY after all the global session highlighted the flattish open and the Data is also suggesting the flattish to negative...
Hi Good Morning Yesterday market took the perfect resistance at given levels and didn't broke that level and the US market Futures corrected around 300 points from the high and ended with the red and Now the SGXNIFTY is showing the gapdown opening Now we talk about the Nifty and Banknifty Nifty:-- The support of Nifty is at 18050-18100 and the 2nd base is at...
Hi Good Morning yesterday we saw that the banknifty hits its perfect resistance and the nifty is also in the range and the US market is closed on yesterday so we have no ques from there but our market shows that is in buy on dips and sell on resistance as we don't have the global ques the SGNIFTY is indicating the gapdown opening and we have the support near and...
Hi Good Morning New Year!!! In the last session i have highlighted the resistances and the market reverse from that point only and the Flag i was talking about that bank goes to the consolidation and the flag formation a bit long so you have the levels of buying and booking profit after seeing my charts so do follow that way the US market shows the upmove in the...
Hi Good Morning Yesterday we go correct as we discussed the market on the basis of the data and the chart structure simultaneously and the VWAP And ATP give's the important reading while i am giving you the update and we saw the up move and not only the upmove after the 11AM comment after that when i update you that i am seeing the 600 points upside then the...
Hi Good Morning Yesterday market consolidate in a range because of the low volume and then the US market continue their downward momentum and the SGXNIFTY is showing the gapdown opening The buying on dips is advisable because of the monthly expire Now we talk about the Nifty and banknifty Nifty:-- The support is at 17975-18025 with the resistance is at...
Hi Good Morning Yesterday market give the good upside n the closing as the buying on dips is advisable and hits the perfect resistance of 18150 For today the buying on dips is also advisable because the volume in the market is low as compare to normal day and that's why the Dow's consolidated yesterday and closed flattish The Nasdaq is down more than it so avoid...
Hi Good Morning Our view on yesterday deliver the correct results we give the bounce from the 100DMA and reconquer the 18K and the banknifty is also give the upmove with 100 points and the volume of the market i low as the holiday session in global markets the Dow's IS closed yesterday and we don't have the global cues and the SGXNIFTY is showing the gapup Now we...
Hi Good Morning The market fall due to covid News and tested its 100 DMA and in worst scenario we may couple with the Dow's which is near to the years low and there is a holiday session in the global market so we will witness the low volume sessions from today the global markets are closed for now the SGXNIFTY indicting the pullback but the preopen didn't shows...
Hi Good Morning yesterday market broke support and reaches the level of 18050 and this is the most important support as the upper end of the range lies at this point and the banknifty fall too fast it is corrected almost 2000 points from the high In the us market the market mall due to the fear of rate hikes as weak economic data but bounces from the support The...
Hi Good Morning yesterday the market fall from the resistance zone of 18511 and the Nifty tested its 50DMA and the banknifty also falls and sponsored it as the CNXIT was stable yesterday and closes in green Despite of negative data from the morning the News come of Covid and market shows the sudden fall The US market shows the pullback from the lower end and...
Hi Good Morning from yesterday i got stuck in some very bad work in a very bad place which directly effect me meatily and physically also didn't have much time to do the major analysis but the bases are Nifty:-- The support is 18200-18275 with the resistance of 18467-18511 Banknifty:-- The support is at 43100-42800 and the resistance is at 43500 the current...