01 Mar ’24 — Nifty beats the double-top & goes GREEN — Nifty & BankNifty PostMortem Analysis

ByBalachandran Viswaram

Nifty Analysis — Stance Bullish ⬆️ Recap from yesterday: “On the higher timeframe, the last candle of the day stands out, ample GREENery for the Bulls to feast. We are not removing the double top (M pattern) for now, because to negate that Nifty50 has to take out the ATH.” 4mts chart Was the Nifty’s price action…

16 Feb ’24 — Nifty stance upgraded to Bullish, BN Neutral — Nifty & BankNifty PostMortem Analysis

ByBalachandran Viswaram

Nifty Analysis — Stance Bullish ⬆️ Recap from yesterday: “A gap-up is ideal as it will quickly tip the balance to the Bulls as short sellers will have to run for cover. We wish to change the status from neutral to bullish only if we get a 63mts candle above the 21913 resistance line.” 4mts chart We…