Nifty & BankNifty Analysis — 10 May 2024 — Inability to take out the 22051 resistance  —…

Nifty Analysis — Stance Bearish⬇️ Recap from yesterday: “On the higher timeframe, N50 has made a massive double top, see the black dotted line. If it materializes, it could even be a real shocker to the bulls out there. Just like we discussed this week, if 21913 is getting taken out, the inverse H&S pattern will get…

Nifty & BankNifty Analysis — 09 May 2024 — The decision to stay Bearish paid off handsomely—…

Nifty Analysis — Stance Bearish⬇️ Recap from yesterday: “On a closing basis, N50 finished the day above 22295 at 22302. Ideally, I should change the stance from bearish to neutral, but let me give the benefit of the doubt to the Bears for one more day.” If you look at the horizontal lines, it may appear like…