Showing posts with label indices. Show all posts
Showing posts with label indices. Show all posts

Thursday, April 1, 2021

NIFTY ANALYSIS APRIL 2021

26-APR-2021

If 14800 resists, we can see another low before next bull run. Let us wait n watch.
As of resistances 14800/15050.


22-APR-2021



20-Apr-2021



12-APR-2021

BEARISH SCENARIO:


10-APR-2021: BIGGER PICTURE



08-APR-2021: BULL or BEAR?




01-APR-2021

MARKET CLOSING UPDATE:



BIGGER PICTURE: BULL or BEAR? 15443/14335



Saturday, March 6, 2021

BANKNIFTY ANALYSIS MARCH 2021

ANALYSIS 06-MAR-2021

CMP: 35228; RES: 37721; SUP: 25300

Upside targets: 36500, 40000-41600, 44277, 46350, 53400-55000


Possible downside can be 32000-29500.

As long as 25000 holds, support, my view upside.


Monday, March 1, 2021

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.



Monday, February 1, 2021

NIFTY50 ANALYSIS FEBRUARY 2021

ANALYSIS 27-FEB-2021

Min target zone for this down move 14502-14328.
Reached min target @ 14502. Is the correction completed?

Other possible downside scenario: please 26-FEB-2021 analysis.



ANALYSIS 26-FEB-2021

As long as 15434 holds resistance, more fall can be seen.



ANALYSIS 25-FEB-2021

Correction completed or more to come?


ANALYSIS 24-FEB-2021

Can we see some upside correction and fall?




ANALYSIS 23-FEB-2021

UPDATE 2: BIGGER PICTURE



UPDATE 1:
Nifty is moving down without making any big corrections to the upside.
As long as 13600 holds support, buy on dips is the strategy and we will see 16/17/18/19k.
Best buy entry 14200-14000 if you get.



ANALYSIS 22-FEB-2021

Nifty is correcting?


ANALYSIS 19-FEB-2021

Nifty moving as per the analysis. More down can be seen as the the upper trendlines resist.


ANALYSIS 18-FEB-2021



ANALYSIS 17-FEB-2021

TOPPING OUT? Upside next 16420.



ANALYSIS 10-FEB-2021

Is NIFTY @ temp/local top?


ANALYSIS 08-FEB-2021

Where NIFTY going to top out for some correction?


ANALYSIS 05-FEB-2021

CMP: 14958; SUP: 13589
As long as 13589 holds support we will see 16138-16382-16735, 18104-18377-18753.
Immediate Resistance zone: 14955-15055.
UPDATE 2:



UPDATE 1:







NOTE: WE COULD SEE NEGATIVE DIVERGENCES in WEEKLY and MONTHLY charts.
Not sure, when we are going to big sharp/big correction and REVERSAL FAST.


ANALYSIS 04-FEB-2021

CMP: 14778
Where are we going?



ANLAYSIS 03-FEB-2021


UPDATE 2:
Upside target for this move is 14813-14977. We can see some resistance around 15K for some time.
If resists, we can see 14600/14400 for next BULL MOVE above 15K.

UDPATE 1:
Will 14800 hold resistance for some correction?




ANALYSIS 02-FEB-2021

Update 2: LONG TERM PROJECTION: Updated wave counts and targets


Update 1:

Min target on the downside completed at 13590. Are we going to 15K+? Will update long term projection soon.


ANALYSIS 01-FEB-2021

UPDATE 2: BULL or BEAR? MULTI TIMEFRAME ANALYSIS









UPDATE 1:

Initial downside target done for this down move tat 13880.

As of now resistances: 14257/14765.

Downside extensions can be 13355-13281-13035, 12910, 12490.



QUICK LINKS:

GOLD/XAUUSD ANALYSIS JULY 2021

PREVIOUS ANALYSIS https://rajtechanalysis.blogspot.com/2021/06/goldxauusd-analysis-june-2021.html Long term analysis included in the above p...