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 […]
Nifty – Has major correction started? – Possibly…
Nifty Analysis 11 September – Nifty – Has major correction started? – Possibly… I really did not have a reason to write blog for many weeks as Nifty was continuing its one way march… Until recently it has shown some correction possibilities. Today I try to analyse Nifty in details. Lets start with Monthly picture. […]
Nifty Analysis 17 Jun 2018
Nifty detailed analysis 20180617 For those fundamental analysts Nifty is very much in overbought zone and no one should be comfortable now taking any new long position. On daily charts, we are right at short term resistance and its very important for markets to have full candle above 10,930 to be able to continue bull […]
Nifty Analysis for March 2018
As mentioned in my series of blogs right here and also on facebook, markets have shown weakness…. Its so wonderful to read some comments that this blog is really making the difference… Recommend this blog to be used as training inputs rather than a trading tip or two. Lets get to the subject at hand. […]