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                                                                           1.Nifty weekly View for 27 th May 2019. Just for an Update before you read the article I want to tell you that in all my Nifty Article whichever the level I have mentioned has been achieved on said period. You can also catch such level by attending our Technical Analysis workshop. Details are mentioned below. After a gap up open in previous week where we open at 11651.90 with low of 11591.70 where we also witness afresh all time high of 12041.15 but failed to sustain above that level which could have triggered the next lag of rally in N...

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Hello Folks, After a one way rally starting from 19 th Feb. 2019 till 28 th March 2019 and after that it went into  a healthy consolidation zone where it has also tested the all-time high of 11856.15 on 18 th April 2019, but failed to sustain above that level which could have triggered the next lag of rally in Nifty. As seen yesterday based on the trade war news and global sentiment Nifty opened in Gap Down but manage to close almost on the same level which it had opened. Today Nifty has broken its 1 month of consolidation support line which was also acting as a crucial level for 11575  and closed at 11497.90 with an increase in volume compared to the previous day as seen in chart-1 below. Today we have observed a Bearish Price Pattern called Head & Shoulder with Marubozu Candlestick Pattern which can be seen in chart-2 below where it indicate that we might witness some pain in index. Nifty may test the level of 11350-11300 in the days to come which is a...