03 Jan ’24 — Nifty gets a stance change, Bears are back! — Nifty & BankNifty PostMortem Analysis

Nifty Analysis — Stance Bearish⬇️ Recap from yesterday: “The first target for a trend change will be the breach of the ascending channel top line approx 21530 levels. From a technical analysis perspective, we had the 3 black crows at 14.30 yesterday and the first 2 candles today.“ 4mts chart link We got our first target of…

BankNifty Today —04 May 2023 Post-Mortem + Weekly Expiry Analysis

Weekly Analysis Banknifty has gone up by 1.58% ~ 678pts from last Thursday to today. It has taken out 2 crucial resistance points in the process and nearing the ATH now. Really impressive performance — the banks in India are standing out with their outperformance. Global financial institutions are melting down and many US banks are trading…