NIFTY ANALYSIS MARCH 2021

31-MAR-2021

Can we some more downside correction?

30-MAR-2021

UPDATE 2:

UPDATE 1: BIGGER PICTURE

BULL or BEAR?

22-MAR-2021

As long as 15077/100 resists, I expect to see 14450 again and further 14000-13800, 13700-13500.

From where we can see big reversal for 17/18K

19-MAR-2021

Moving as per analysis. MIN TP done at 14450.

Normal & Extensions: 14217, 13839-13694, 13460, 13133, 12848-12700

Broken Support 14450.

18-MAR-2021

As long as 15127/15434 resists, more downside can be seen.

17-MAR-2021

UPDATE 2:

UPDATE 1:

No change in view.

16-MAR-2021

PRESENT VIEW:

15-MAR-2021 - BULL or BEAR?

10-MAR-2021

BULL or BEAR?

06-MAR-2021

BIGGER PICTURE

05-MAR-2021

NIFTY: BULL or BEAR?

04-MAR-2021

Latest update. For upside targets, please check 03-MAR-2021.

03-MAR-2021

NIFTY: BULL or BEAR?

CMP: 15074; RES: 15434; SUP: 14434

1. If 15434 resists, we can see 14210.

2. Break of 15434, we can see bull move towards 17/18K.

Targets: 15573, 16274, 16700, 17407, 17675, 18108

02-MAR-2021

Will this 14960-15021 GAP hold temp. res?

01-MAR-2021 

CMP: 14761; RES: 15431; SUP: 14438

There are 2 scenarios I am tracking.

1. Wave 4 of Wave 3
• a. Can go down to 1433/13654 and reverse back to 15431.
• b. Can make new high 15664 and fall back to 15000.
• c. Can make a triangle and make a rally towards 16K, 17K, 18K.
2. Wave II

If 15431 is the the end of wave (I), we can see bigger correction towards 13K before big rally.