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 […]