Nifty analysis 28 Jul 2019
From last post Budget Analysis In our post budget analysis, we had mentioned “Level of 11,580 is a crucial level therefore. If Nifty comes below this level, in no time it should come down to test 11,170 levels.” And that is what we witnessed in last few days. Lets build our today’s analysis on that […]
Nifty Post-Budget Analysis 20190707
Nifty Post-Budget Analysis 20190707 Fundamental View Lets start with PE ratio of Nifty – Nifty is still very close to all time high when it comes to PE ratio. And such high PE ratio is unsustainable. So either earnings increase or the price will come down. Usually large fund houses do sell at such high […]
Election Special – Nifty Analysis – 18 May 2019
In today’s Market Analysis we have supporting videos to make it much more interesting and clear for our viewers. PE Analysis We will start the usual way which is PE ratio charts with makes us cautious in markets, rather on bear side. As mentioned many a times, Nifty is trading very close to all time […]
Is Nifty up for printing a double top? – 7 April 2019
Double top on charts is one of very common trend reversal pattern. Right now Nifty touched (11,729) high made on 28 aug 2018 (11,760) and has retraced from there. In markets as per standard rules of double top, unless Nifty does not break swing low of 10,004 made on 26 oct 2018, we technically cannot […]
Nifty – is the correction over – Possibly 20190316
What a move by markets…. We lately had a view of possible bear phase since July last year. We also recommended reduction of equity positions almost at top – https://learn2invest.in/nifty-has-major-correction-started-possibly/ and https://learn2invest.in/nifty-detailed-analysis-and-how-to-approach-market-in-this-correction/ All the while we were watching for a level of 11170 for bull hat to be taken. On 10th Feb 2019, we recommended […]
Possible good trade setup 20190211
All about Trading & Investing Yesterday at 9:40 AM · Nifty tested 61% retracement of recent fall last week and started coming down from the levels. One may use those levels as SL and take fresh short. Risk reward looks very good. But if those levels are broken a decent rally may come. For option traders, […]
Do we see Nifty at all time high soon? – Don’t think so…
We don’t have much to say for last few days as markets are in sideways move. We are into a wave 4 or wave B (sideways move after a directional move). This is most difficult wave to trade as different indicators will give you different view and many a times those indicators give a misleading […]
Nifty Detailed Analysis 2018 Dec 02
From a recent low of 10,000 Nifty has shown a very good re-tracement rally to 10,900 levels. In our post on 07 Oct we had mentioned possible support at 10,000. I am sure, readers here were able to use this level to reduce short position and also to create a new long (As per your […]
Sectoral relative strength Analysis
One of my friends wanted me to do sectoral analysis, here it is. After knowing Nifty strength and direction, All you need to do is to do relative strength analysis with Nifty as base. So lets get started with weekly analysis… NSE Auto Auto has a tendancy to outperform (200 EMA of relative strength is […]
Nifty – Detailed analysis and how to approach market in this correction?
On 11 Sep, when Nifty was at 11,415, we have already declared that possibly a correction has started in Nifty here is the link. As per the poll on facebook, about 71% of our followers were able to act in time that saved them from losing large amount. We are getting some queries if we […]