Nifty & BankNifty Analysis — 03 Apr 2024 — The Bulls have not given up yet, there is still hope…

Nifty Analysis — Stance Bullish ⬆️ Recap from yesterday: “We wish to maintain the bullish stance for tomorrow as well, but we will be a bit cautious if Nifty falls below 22393 levels. A stance revision may not be even required till 22295 is broken” As we feared yesterday, we got the drop below 22393 levels but…

Nifty & BankNifty Analysis — 02 Apr 2024 — Flat day, consolidating or deciding to reverse?

Nifty Analysis — Stance Bullish ⬆️ Recap from yesterday: “But before we go long, let us give it a day or two because the reaction today may be the after-effect of the adjustments and rebalancing that was done over the last 2 to 3 days due to year-end.” Nifty was falling gradually, almost maintaining the same slope…

26 Feb ’24 — Except Energy, all the other sectors down? — Nifty & BankNifty PostMortem Analysis

Nifty Analysis — Stance Bullish ⬆️ Recap from yesterday: “We are not suggesting that all “roads lead to Rome theory” i.e. everything is bullish, but the probability of things going up seems higher than cutting through the supports of 22051 & 21913. You know us, the moment the supports are broken, we will exit the bullish position…