Prasenjit

Prasenjit

NIfty50 is likely to give its next leg rally, if the elections results are in favor of market. If not then their would be little correction, then again the rally will continue. Either way their is no stopping Bulls.

Prasenjit

Hourly flat/top pattern.

Prasenjit

long

Prasenjit

Their is still high possibility that the Nifty will yet give it's last break out, so don't go totally bearish. More over their will coming the results of UP elections. So the moment will totally depend on that.

Prasenjit

Nifty Weekly chart had given a huge Bullish patter and that is the inverse Head and shoulder. I will highly recommend to Buy at any deeps or corrections.

Prasenjit

Nifty is at its weekly and daily resistance. So their could be strong selling pressure, if not there will be new highs. But be cautious now!

Prasenjit

After this Elliot wave now their is possibility of Elliot corrective wave.

Prasenjit

If the conditions are favorable for the market then this level are to watched(8600-8732-8900). If not then going for 7600-7400 levels.

Prasenjit

Weekly chart Resistance

Prasenjit

Strong support at 8225-8200.

Prasenjit Updated 

Tried to move above the 50 days MA but couldn't, still giving no better moves. But I am looking for strong bull trend for long term.

Prasenjit

chart still giving downward signal.

Prasenjit

With completing the pattern it had gained Double bottom. If it holds this level then it is probably going to be very bullish.

Prasenjit

Now no main direction.

Prasenjit

Yeah it's finally over and new beginning.

Prasenjit

The final level is likely to be the 2295 and then stop.

Prasenjit

At the end of the year new rally likely to take place.

Prasenjit

Nifty50 short term down trend. Looking for 8136 level and then go long.