05 Feb ’24 — A Sharp Fall from the Support Level — Nifty & BankNifty PostMortem Analysis

Nifty Analysis — Stance Neutral ➡️ Recap from yesterday: ”The buildup from 24th Jan to today is a Double bottom (W) pattern and a small bullish trendline. All of which leads to confusion on what gets the highest priority. We would like to continue with the neutral stance for Monday with a slight advantage to the bullish…

15 Sep ’23 Post Mortem on Nifty & BankNifty | Crazy last 30mts in HDFCBK and RELIANCE

Nifty Analysis Recap from yesterday: I wish to stay with the moderately bullish stance for tomorrow as well. Since I am holding a long position my personal preference would be to close above 20167. We had a good positive day today, the start itself was right at the swing high of yesterday and we built…

21 Jul ’23 Post Mortem on Nifty & BankNifty | Quite a predictable fall today !

Nifty Analysis If you had read yesterday’s report, I am sure you would have anticipated the gap down today & the profit taking that followed. Read yesterday’s report — click here. Today’s price action may not be a structural change or the start of the next bear rally (at least too early to comment). What I feel…