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 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 […]