Will Nifty Crash from here?
Lets look at last A-B wave on daily charts If we look at next level of EW we are getting confidence that A-B-C looks to be a right count And if you look at fundamental analysis, you will see PE ratio of Nifty to be at all time high at 3rd deviation (99.7% above). […]
Nifty EW prediction – 6900 on 22 June
Are we going to start correction in December 2019? 12,155 is the key…
Are we going to start correction in December 2019? 12,155 is the key… Most of my analysis for higher timeframes is same as provided earlier, if you want to refer, please look at earlier posts at https://learn2invest.in/blog/ On 14th November, we mentioned that a possible correction is on its way and one has to be […]
Nifty Analysis post 20 Sep FM announcement
Technical analysis is watching in rear view mirror and estimating what may happen next. There are days like Friday 20th September which are impossible to predict (unless the news has leaked out earlier). But then no analyst can predict such surprises. Its only your discipline and risk management that saves you from such surprise. In […]
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 […]
Nifty back in Sideways zone, Time to make money in Options
Our last week short term target of 10,015 was bissed by a brisk and Nifty chooses to turn @ 10,031. Here is the update as of 10th Dec On daily chart On daily chart last week nifty had a false brake of weekly support line and when everyone changed their views (on television all analyst […]
Is Nifty starting a bear phase? Supply demand and Fibonacci analysis, stocks to watch out for in bear market
Its too early to say if Nifty has made a top and that it has changed the direction yet. But Fibonacci followers should be very happy looking at the levels. Lets start with Monthly Charts – From Supply demand point of view, charts are in very good long side move. If we plot Fibonacci extension, […]