Posts

Nifty Article.

-
Image
Due to increase in number of cases of Corona Virus which now also spreading in different countries by which we have witnessed a biggest fall of 800 points in Nifty from its all-time. Just For Info. If we study the Past data on monthly chart of Nifty from 2008 till 2018 it got corrected by 25% and after taking the support it rally to almost 45% which is constantly happening from 2008 to 2018 but now where the Nifty tested its high of 12430.05 but failed to maintain above that level. Below is the table where I have pointed out the correction of moments from High to Low of respective month & Year. So seeing from past data we can understand that after every correction nifty has given outperforming returns. In this situation, many people panicked and booked losses due to which they could not take advantage of next rally. As per my observations   I have derived a conclusion that some of the stocks have   outperformed irrespective of Nifty was experiencing...
Post a Comment
Read more
-
Image
NIFTY IT INDEX VIEW. Greetings friends ! I thank you once again for being a regular reader of my views and showing great interest on my article. This encourages me to keep writing the articles for you reference. Today in this article, I am going to share some important views on Nifty IT Index (daily) chart on the basis of Technical Analysis. 1.Nifty IT Daily Chart. As we have seen a unidirectional rally since 2009 to 2015 where Nifty IT Index went up from 2029 till 12832.30 level by 5th March 2015, almost Index went up 6 times & henceforth it encountered a ⬇Down trend by forming lower top's & lower bottom's. But in the month of July i.e. on 21st July 2017 it had formed a Bullish Price Pattern called Triangular Breakout which can be seen in the following chart-1 where it's resistance was showing at 15000-15500 with a Support Level of 9500. (Chart-1) As we can see in Chart-2 the Level which was mentioned as per above Price Pattern has been achived in th...
Post a Comment
Read more

Nifty July Article.

-
Image
Greetings friends ! I thank you once again for being a regular reader of my views and showing great interest on my article. This encourages me to keep writing the articles for you reference. Today in this article, I am going to share some important views on Nifty (daily) chart on the basis of Technical Analysis. 1.Nifty Daily Chart. As we have witness a sharp fall in Nifty on Friday of -1.53% or 177.65 Points down (cash level) it has formed a Bearish price pattern called Sideway Breakdown (Chart-1) with volume which is more than 30% of the Previous day. We might witness a downfall till 11200-11150 in short term, also we can expect on the upper side if it close above 11600 on end of day basis, then this price pattern will be ruled out and we will take review at that time. After touching it’s all time high of 12103.5 on 03-06-2019 it was observed that nifty started making the lower top lower bottom formation in short term and thus picture was pretty much clear that it w...
Post a Comment
Read more

Performance of June 2019.

-
Image
FYI, Performance achieved using my theory on Technical Analysis for the month of June 2019. To achieve this excellence, join our Technical Analysis Workshop. Hurry limited seats only. For further details contact :9725154547 P.S. Note:- It is not an Advisory Product as I am only into conducting workshop and not in advising or recommending the stock. Below Mention stock are based on our theory which i used to teach in Technical Analysis Workshop.
Post a Comment
Read more

Nifty Outlook for 26-06-2019

-
Image
View:- Bearish Support Level:- 11700 Resistance:- 11833 Reason: Today we saw a good move in Nifty which took it to a high of 11814 but it fails to break and close above 11827 which was the high of 21-06-2017. As we have seen profit booking from upper level, which brought down. If we compare the volume of previous day it is somewhat same. As still Indicator where traders are still bearish and other indicator as also not given any bullish sign. If Nifty able to close above 11827-11833 then we might see up move. Above view and level are based on Cash Market. Disclaimer:- https://chirag97.blogspot.com/2019/06/disclosure.html To Attend the workshop or to know the detail of or workshop call or msg: 9725154547 https://forms.gle/nzU6MYE2tUFrKhAf7 # Nifty   # Banknifty   # stockmarket   # finance   # Passiveincome   # shares # investment   # trader   # investor   # trading   # daytrader   # swing   # Index
Post a Comment
Read more

Nifty Outlook for 25-06-2019

-
Image
Nifty outlook for 25-06-2019 View:- Bearish Support Level:- 11630 Resistance:- 11800 Reason: Today Nifty has formed a Bearish Spinning top Candle Stick Pattern which indicates some flight turbulence for tomorrow. As today we saw that nifty has tested the low of 11670 and bounce backed but it fail to give close above the resistance. For Tomorrow on the lower side 11630 which act as crucial and important level if it's break and close below the mention level than it might come to test it's support line which is coming around 11350-11400 and on above side if it's close above 11800 then we can see the next leg of Bull Rally. Above view and level are based on Cash Market. Disclaimer:- https://chirag97.blogspot.com/2019/06/disclosure.html To Attend the workshop or to know the detail of or workshop call or msg: 9725154547 https://forms.gle/nzU6MYE2tUFrKhAf7 # Nifty   # Banknifty   # stockmarket   # finance   # Passiveincome   # shares # i...
Post a Comment
Location: India
Read more

Nifty Outlook for 24-06-2019

-
Image
Nifty outlook for 24-06-2019 View:- Bearish Support Level:- 11641 Resistance:- 11850 Reason:As per Friday close Nifty has formed a Bearish Piercing Candle Stick Pattern which might take down the nifty to lower level in Coming days we might witness the level of 11641 which is important and crucial support and if it break and close below that level than we can witness a free fall rally towards 11400-11350 but saying that if it help to get close above 11850 which is important level from where Bull can be seen back. Above view and level are based on Cash Market. Disclaimer:- https://chirag97.blogspot.com/2019/06/disclosure.html
Post a Comment
Read more