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Following the global cues we can expect NIFTY to open very weak which could be followed by further weakness but the demand zone seems to be eminent hence can lead to volatility so no new longs should be made positional unless signs of REVERSAL is seen so plan your trades accordingly.

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NIFTY did close its weekly candle in red against our expectation. Now watching the structure, next eminent support can be seen around 21800. Hence till we are above 21800, we can again start adding our new longs keeping SL below 21500 on CBSL so plan your trades accordingly and keep watching.

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As we can see NIFTY has formed more like an inverted flag-pole structure which signified bearish continuation but since it is trading around strong demand zone, it can potentially give false breakdown resulting in a TRAP and this trap could potentially change the overall structure of the market and can close inside the pattern hence we should wait for closing...

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As we can see NIFTY despite trying is not able to close itself inside the structure which indicates lurking weakness in coming sessions but intuition says we may see NIFTY’s weekly candle could probably close inside the structure leading to the end of bear trend and change of trend so plan your trades accordingly .

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As we can see NIFTY closed below the trendline. Despite the weak closing on daily basis, we can expect NIFTY to recover strongly on weekly candle which could be inside the trendline and structure. It could be a mere trap or liquidity grab or to attain the psychological level hence all signs direct towards potential REVERSAL in the market so plan your greater...

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As we can see NIFTY despite its weakness has not reached our demand zone and our psychological level of 22500 hence these is more room for fall till signs of REVERSAL is seen around these zones and trendline support for a new trend so plan your trades accordingly and keep watching.

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As we can see NIFTY has not closed itself above 23000 levels due to which fear of weakness is still lurking as it has formed more like an inverted flag pole pattern and any break of 22800 level can lead to 22500 levels in NIFTY which is its next demand zone so plan your trades accordingly and keep watching these important levels.

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As we can see despite the strength NIFTY failed to sustain ahlhe psychological levels of 23000 level and the trendline resistance showing weakness hence as long as it’s below the trendline it could remain negative to volatile so plan your trades accordingly and keep watching

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As we can see NIFTY is showing signs of REVERSAL by forming multiple indecision candles around the trendline which is overpowered by the buyer but the demand zone is yet to be reached hence we can expect more of volatility and weakness before finally changing the trend so plan your trades accordingly l.

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As we can see NIFTY is forming more like a falling wedge pattern in bigger time frame which could result major change in trend when the break of structure is seen but we can see NIFTY has not fully formed falling wedge pattern and hence giving more room for fall so unless the structure is completely formed, every rise can be sold till confirmation is found so plan...

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As we can see NIFTY has room for another 300-400 points downfall before finally reaching a support and important demand zone followed by a psychological levels of 22500 wherein a reversal can be expected so plan your trades accordingly.

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As we can see NIFTY thought opened strong and rallied in the first half, it closed falling making an inverted hammer. As long as NIFTY manages to to Sustain itself above the given trendline every dip can be bought for a huge breakout as NIFTY can be seen forming FALLING WEDGE pattern in long run which could result in huge breakout in coming months which could also...

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Despite the strong weakness, NIFTY managed to strong and closed almost in green showing the strength of demand zone! This could be another opportunity to add for portfolio so plan your trades accordingly.

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As we can see NIFTY is now trading at important demand zone and psychological levels of 23000 and this level had been a confluence of multiple trendline supports hence we can again expect a REVERSAL from this zone for a new swing so keep watching and plan your trades accordingly.

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As we can see despite the favourable result of winning the centre by ruling party, NIFTY failed to show its strength and fell unidirectionally as analysed in our previous post that if manages to remain below the trendline, we should be cautious. Now NIFTY can be seen re-testing the breakout structure and hence possible bullishness can be witnessed which could be...

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As we can see NIFTY has taken support around 23500 levels after getting rejected at the trendline and based on the election results, we can expect NIFTY to open very strong and hence will open above the trendline which will also break the structure hence if it sustains and doesn’t closed below the trendline then we may see quick 24000 in NIFTY else NIFTY will get...

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As we can see NIFTY had been sideways to negative throughout the day as analysed in our previous post. We can consider this as a breather or retracement after a rally which is a good sign, for confirmation, break of 23800 will lead to 25000++ in coming sessions else it can remain sideways to negative so plan your trades accordingly and keep watching.

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As we can see NIFTY closed in more like sideways to native as expected as it took resistance from the trendline. Now as long as a NIFTY manages to remain itself below the trendline, we can see sideways to bearishness with intense volatility as budget is on the door hence for future continuation it must sustain itself above 23800 so plan your trades accordingly and...