Nifty Analysis Recap from yesterday: “Since Monday is a holiday, it gives us added uncertainty on what to expect on Tuesday. Despite the 94pts gain by Nifty — I still see the price action as negative. I would like to go with a bearish stance for 26th Dec.” 4mts chart link — click here Seems like I got the…
Nifty Analysis Recap from yesterday: “I am inclined to change my stance to neutral with the developments of today. Giving the bears one more opportunity to prove their mettle, hence going with the bearish stance for tomorrow as well. All they have to do is keep Nifty50 below 21200 in the opening 2hrs for the…
Nifty Weekly Expiry Analysis Between the last expiry and today, N50 has gained 94pts ~ 0.45%. Most importantly we hit a new ATH of 21593 this week and also saw a massive RED candle yesterday. However, N50 was able to defend its fall quite well today. The next week should be full of action as…
Nifty Analysis Recap from yesterday: “I do not wish to change Nifty’s stance — I still prefer to look for long-only trades. However, 21341 would be the laxman rekha for me tomorrow also.” 4mts chart link — click here Nifty does another gap-up today which is sold into falls over 142pts ~ 0.66% to hit an intraday low of…
Nifty Analysis Recap from yesterday: “My stance continues to be bullish with the first support level revised to 21341. All we can do now is trail the stop loss and let the winners run. 4mts chart link — click here Nifty was absolutely trading in a narrow range with minor dips. More action was visible on BankNifty…
Nifty Analysis Recap from yesterday: “Nifty has shown it is stronger than thought by bouncing off the channel’s upper boundary. For tomorrow, my stance is revised to bullish. Since we are at ATH, I do not have an upper target, but my support level will be 21037.” 4mts chart link — click here Results continue to amaze…
Nifty Analysis Recap from yesterday: “If you have read my previous post-mortem reports, I have been staying neutral since the 17th and it looks like that is going to change tomorrow. As soon as 19875 is broken on the 1hr TF, I would prefer to go bullish. I will update you guys via the tradingview…
We all know there are 4 Nifty indices that have weekly expiries. Nifty50 BankNifty FinNifty MidCpSelect Nifty This article aims to discover why we do not have the NiftyIT in the futures and options segment when a lower-tier MidCpSelect index is available. Also, compare it with the highest speculated index i.e. BankNifty and outline the…
Nifty Analysis Seeing the price action on Friday, we had changed the status from bearish to neutral. But by seeing the strength today, I wish to go full bullish for tomorrow. To start with we had a gap-up opening of 103pts ~ 0.53% and then a quick fall to yesterday’s close. Luckily Nifty took support…
Nifty Analysis Remember how we closed on Friday? — up 110pts in 30mts. I seriously thought we would be seeing some profit booking today. So I carefully watched the opening price levels and exited my long position by 11.10. All the trading indicators, technicals were saying more bullishness for nifty50. Even the options flow indicated the same….
