Sunday, October 30, 2016


          Wishing All a Peaceful, Prosperous & Happy Diwali !

Sunday, March 20, 2016

Technical Analysis for Nifty

Follow up of the last Post -

For last two weeks prices have been moving in a tight range above/ below 7500 and now seems to have broken out of this range in the last session.

This week is truncated followed by the Expiry week.

Monday, February 29, 2016

Nifty- Budget 2016

Last Post expected the following Probability :

Since Trend is Down, keeping below 7230 close we may retest the Low / further below. 

We may get an upside bounce on a close above 7000 to test the Resistance zone now at 7150-7230.

Close above 7270 may signal a Bottom in place as of now.

Positionally the Low 6869 and apprx 100 points below is now a good Support zone.

As of now :

Will update on this further. 

Sunday, January 24, 2016

Nifty in Expiry Week- Jan 2016

Are the Bears leaving or still sniffing opportunity?

Last week Nifty achieved the basic target of Correction at 7350 apprx and went further down. Let us check the short term Probability in store for this week.

Sunday, January 17, 2016

Elliott Wave & Technical Analysis for Nifty

Prolonged Correction is on from the High of 9119. The start of 2016 has been quite Bearish. Check out where do we stand in bigger Picture and the probable structure of Correction .