Technical Analysis for Nifty

After a big fall in a single session and a followup the next session , we now look for a reaction to it and the probable Resistance levels . The larger Trend is down and almost have confirmed the end of the corrective upmove (of apprx 38%+ ) from the lows of 4720 . Now the larger TF Downtrend takes the driving seat again.

Technical Analysis for Nifty

We have retraced the downmove from 5700- 4720 by apprx. 9% on the upside in the last two weeks . Now coming couple of weeks may see some consolidation/ range trading before the downmove resumes again. Let us check the Tecnicals -

Adivsory Services and the Trading Blog

The Advisory Services began this Week . I Thank All the Subscribers for their Faith and Trust  shown in Me and the Methods .

Though these are early days for the start up , Have a view of the Trading Blog -