VK100982

VK100982

Hi Nifty looks like is still under pain, it is because from 22nd or 24th April 2021 low we are in extended wave 5th wave & for education note that if 5th wave is extended then it will retrace full 61% in that we would like to advise or suggest that if this time we break below 16930 odd levels then will see 16600 levels in coming days. One more finding is as...

VK100982

Hi As looks like, Bank Nifty is going test lower level as it is falling down from ATH in 12345 pattern for more confirmation we need to break below 35330 then will see 34000 to 33000 levels from there we can expect a good bounce. Those are holding, their shorts in Bank Nifty keep the Friday high SL & hold the position. Best of Luck....!!!

VK100982

Hi Looks like Nifty is going to finish its correction in coming days & we have looks to buy on dip now instead of looking to short it. The study, we are sharing with you all in that if Nifty close above 17700, it means we are moving towards new ATH if not then will see Nifty drift back to 16900 levels but it does not mean that we have to short that will be the...

VK100982

Hi It was wonderful trading session yesterday. As per yesterday move looks like we are in corrective structure in Nifty if not then Nifty has to cross yesterday high very fast today if new impulse move is going to start. Movement will sideways will look to enter in shorts close to 17500 to 17550 for to test the support area 17300 otherwise will avoid todays...

VK100982 Updated 

Hi Nifty bulls still face hurdle tomorrow close to 17950 to 17990 levels if these levels will cross convincingly then we can notice 18100 to 18200 levels soon. This view is as per 1 Hr Time Frame, if will see bulls are doing good then will update accordingly. Best of Luck!!!

VK100982 Updated 

Hi It was very wonderful week. As per study, Index still looks in correction. Todays bull move will change whole market emotions that nifty is going for ATH but need to understand still needs caution on long side. We are posting a tentative view, will cross check the at 18200 odd levels. Best of luck for next week....!!!

VK100982 Updated 

Hi As per finding, Nifty looks like doing two pattern 1) Leading Diagonal or 2) WXY correction. So today is going to be trend deciding day for Index. We take out yesterday high, it means we moving up then trade plan will be every dip should consider as buying opportunity OR We break below 18070 to 18050 then fall will be sharp. Best of Luck!!

VK100982 Updated 

Hi Looks like Nifty will give surprise to all those are in short. & Those are doing longs from these levels & already did should keep STOP LOSS of 17780. Best of Luck...!!!

VK100982

Hi As per finding bank nifty looks doing IRREGULAR B, so get ready for sharp move upto 40500 odd levels. Best of Luck....!!!

VK100982 Updated 

Hi Nifty still in consolidation, we may see the level of 17900 - 17830 after that we may start upward journey that journey will looks impulsive but in that also caution is required. Or Nifty can form a Triangle in current position. Caution required in all trades. Best of Luck....!!!

VK100982 Updated 

Hi As per finding Nifty is in Wave B & doing complex Correction in the form of WXY and the same we can expect end for the same by tomorrow @ 17850 - 17800 Levels. Tomorrow, Nifty will start wave C towards 18200 odd levels. Best of Luck!!!!

VK100982 Updated 

Hi Nifty is looking good for long from here on for the target of 18070 to 18200 but with the STOP LOSS - 17750....!!! Best of Luck....!!!

VK100982 Updated 

Hi As looks like we are still in correction in Nifty. First possibility: - Bounce from 17613 to 18013 is a corrective bounce of A & now we are in B. B wave will end @ 17807 to 17720 then will see a C wave Bounce. Second possibility: - We have completed A & B corrective waves & now we are in C then will be moving towards 18150 by today only. Best of Luck

VK100982

Hi Reliance Industries looks good for long for 2800. Best of Luck...!!!

VK100982 Updated 

Hi Gold still very bullish looks like it will for sure to make a New High but at the moment, price action suggest for wait & watch to go long in it. As per trend line mentioned on chart, if sustain above that will best to enter longs otherwise initiate long close to 1745 to 1700 levels. Hope this will help to understand.....!!!!

VK100982 Updated 

Hi In advance assuming that SILVER is doing a INVERSE HEAD & SHOULDER as of now this pattern is in formation so still we have to wait & watch in silver for big bull run in it or if it start trading above 24.82 then it means silver moving toward 28.00 level. Make a note that this courter is not good for short......wait & watch to go long in it. Enjoy....!!!

VK100982

Hi It look like, Nifty still is in correction. We have completed A @ 17613 now we are in B & it may come upto 18225 after that will fall again for C & final leg of Wave 4. Note: - In B, we have completed A & B Leg & now we expect C leg for 18225. Best of Luck & Happy Diwali....!!!

VK100982

Hi Coal India look attractive on current level & it should be in your portfolio on every dip for 2 months time....it will give good return. Best of Luck....!!!