NIFTY50 MONTHLY CANDLE HISTORICAL PATTERNInteresting fact from 2009 to 2022,
if you see after every Three RED Candles,
4th candle turned in green & moved towards ATH. In 2015 to 2016 it reversed after 5th Monthly candle.
So not to panic history will repeat either this month or next month.
im just waiting for right opportunity
Niftyview
NIFTY : Levels for 15th MarNIFTY level marked on Chart. its already break daily support and we can see bears are in power since two days
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
Morning Mantra - 15th March 2023Dear All,
We are just seeing the effect of the breakdown level of 17300. Wherein, it seems that Nifty is on its journey towards 16800.
On Monday, we had seen Nifty taking a support at 17180 . However, unfortunately the stated level of support was violated in yesterday’s market.
So, as of now, we will have to wait and watch for Nifty to either make a breakout of 17180 level , or to take a major support at around 16800 .
Till then be stock specific and be cautious.
Regards,
Alok Daiya
SEBI Registered Research Analyst
NIFTY : Levels for 14th MarNIFTY broken major support yesterday and after that we seen bears are active full day. As mention earlier it may touch weekly support as already break daily support. Keep eye on it.
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
Review and Trading plan for 14th MarchNifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
NIFTY : Support zoneNIFTY is near support zone. now 17300 is very much important for Bull to support. it may be less chances but lets see everything is depend of battle fight between bull & bear.
Follow Price action purely and decide your entry.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L"
Morning Mantra - 13th March 2023Dear All,
Finally, once again Nifty took a beautiful support at the level of 17300 on Friday. Also the Index made a beautiful bullish reversal pattern , called hammer on the daily chart.
Well in our weekly analysis , we are quite optimistic for the market as of now. However, in case Nifty breaks the level of 17300 on closing basis for panic creation , then 17180 will work as a speed breaker in between 17300 and 16800 level.
So, keep patience and be stock specific.
Furthermore, as of now, 17800 will once again work as a strong resistance for the market.
Regards ,
Alok Daiya
SEBI Registered Research Analyst
Morning Mantra - 8th March 2023Dear All,
The last 2 trading days were indeed amazing for the bulls , as we had got to observe a beautiful bounce back of approx 500 points from our stated support level of 17300.
Moreover, as we have witnessed in the last couple of weeks, the level of 17800 has emerged as a magical level for Nifty , which has simultaneously worked strongly as a Support and Resistance.
Furthermore, on Monday itself we had clearly mentioned about 17800 as a level of resistance for the Index and the same was accepted by the Market itself , as it made a high of 17799.95 , followed by a major supply from the stated level.
So for now, let's keep our fingers crossed for a positive breakout of 17800 level , for 18170 and 18400.
Until then, continue being stock specific and keep following the Cherry Picking strategy .
Regards ,
Alok Daiya
SEBI Registered Research Analyst
Morning Mantra - 10th March 2023Dear All,
Our stated level of 17800 had once again shown its magic as a level of Resistance , as it made a high of 17772.35, yesterday . Wherein, not being able to crossover, we had observed a major supply in Nifty therefrom.
Well currently, as per the day chart , we are expecting a minor bounce back in Nifty for today. So, it will be better to consider Today as a no trade day and to wait and watch for some clear indication from the market, since today is the last trading day of this week.
Furthermore, we are still with our words, that due to this consolidation in Nifty, now the levels of are 17800-18170-18400 . While on the lower side, below 17300 we can expect 16800 .
So, as of now, continue being stock specific and keep following the cherry picking strategy.
Regards ,
Alok Daiya
SEBI Registered Research Analyst
Sector Analysis Four sectors that are outperforming NSE:NIFTY
{A} NSE:BANKNIFTY Though not by big margin definitely out performing NSE:NIFTY . Break above 42000 will be a great sign.
Stocks to watch out; 1) NSE:CANBK 2) NSE:ICICIBANK 3) NSE:INDUSINDBK 4) NSE:SBIN
{B} PSU Bank . 1) NSE:CANBK 2) NSE:SBIN 3) NSE:BANKBARODA
{C} NSE:CNXINFRA got a big push at Budget and is evident from stock performance . 1) NSE:LT 2) NSE:SIEMENS 3) NSE:ABB 4) NSE:NTPC
{D} BSE:MIDCAP is best out performer, if overall market improves will run away. 1) NSE:CUMMINSIND 2) NSE:PGHL 3) NSE:HAL 4) NSE:TORNTPOWER
Nifty: High probability to move above 18000 in coming week.Levels and other details are mentioned in the chart.
There is a high probability to get trending market on upper side.
I will change my view and position in case of price sustain below 17600.
Levels and analysis is for a position view (Option selling).
Morning Mantra - 9th March 2023Dear All,
What a beautiful day it was yesterday.
Wherein after a gap down opening we had observed a remarkable bounce back in Nifty, yesterday itself. Moreover, a perfect rounding bottom pattern is now clearly visible on the day chart.
Besides, finally we are on the edge of 17800, wherein it is quite acceptable that above 17800 on closing basis we can see another fresh move in Nifty towards 18170 .
Therefore, until then let’s keep our fingers crossed for this positive breakout and let’s continue being stock specific and following the cherry picking strategy, as of now.
Regards,
Alok Daiya
SEBI Registered Research Analyst
Setup review & trading plan for 9th March 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Nifty : Target done Nifty view shared before few days when it was trading near support. now its touch its target.
Now it can open positive & close negative on Monday or we can again see one swing in Nifty and then it is possible to give good move positive move in Nifty.
Tuesday is holiday. possible, it will take swing by Thursday.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L"
8th Mar ’23-Day Trader’s Post Market Analysis Below mentioned points are discussed in my post analysis video(Fast forward to 3:07 for Hindi Audio)
-Predicted the whole open in nifty on monday's Postmarket video(pls do watch :))
-Good scalp short in nifty explained.
-Why not to short such structures-Nifty & BankNifty
-How will i trade when market opens tom.
Morning Mantra - 6th March 2023Dear All,
We have got 2 positive takeaways from last Friday. One was a beautiful bounce back from the level of 17300, and the other was observing the hammer formation on the weekly chart of Nifty.
Well, as we had already stated in the Friday's Morning Mantra that this time after observing a closing of above 17300 level, we can expect to witness a sharp recovery in the Market. Likewise, we did observe the same on the last Friday itself.
Furthermore, now the level of 17800 will once again work as a strong resistance level for the Market. Above which, the levels of 18170 and 18400 will be the crucial ones.
Besides, with the support of 17300, following the Cherry Picking strategy will be the best methodology as of now.
Regards,
Alok Daiya
(SEBI Registered Research Analyst)