


subravi
Nifty 22124 - Has support at 21930. A reversal at support 21930 is expected to take back Nifty to 22760 ON OUR FEB 3 POSTING WHEN NIFTY WAS AT 23361 WE HAD POSTED AS BELOW Feb 3 Nifty 23361 - Has breakdown at 23330. If breakdown Target1 23159. Further Breakdown of 23159 is expected to be bloodbath ON 28TH FEB IT IS 1000+ POINT DOWN AND AT 22128.. VERIFy THE...
Nifty 22566 - has a double top pattern. Short term it could fall 22460 if 22548 breached.
Nifty 22553 - AS Nifty is lower trend support we expect it could retest 22780.
Nifty has resistance at 23647 and support at 23150.As posted earlier, we expect nifty will fall down to 22730 to test the trend support.
Nifty 23071 is on trend support. AS FII has sold all their positions and heavy short covering suggests bearishness. If Unable to sustain 23000 support it will be bloodbath as posted earlier ( Feb 3 ) . If 23000 support sustained could bounce back to 23300. Trade Cautiously.
Nifty 22930 is in distribution zone. and has completed 2nd testing of breakdown .Expected to test to 22680
Nifty 22945 is in distribution zone. and has completed 2nd testing of breakdown .Expected to test to 22680
Nifty 22795 - Inverted CUP pattern suggesting shift in sentiment. Though too early to predict, if a handle formation happens, resistance is at 22870. 22820 to 22840 could be considered for entry to maximize profit. Breakdown will take down Nifty to 22450
Nifty 22770 - Nifty as stated in 19-02-2025 posting @ 22915 has breakdown the bearish flag pattern and has fallen . Wait for Pull back for entry near the MA / breakdown 22830.
Nifty 22932 - Bearish flag. These are the 2 best times to trade the Bear Flag… The price is near the Moving Average (22911) The first pullback after a break of Support ( 22950 )
Nifty 22887 - Bearish flag pattern. Breakdown of 22780 would drop down Nifty further 400 points
Nifty 23381 - Base on data, Nifty trade in today's session Suspected to be a trap. Will it bounce back to 23600 ? Hope so.
Nifty 23739 - After hitting the target Nifty expected to drop down to test 22730.
Nifty 23361 - Has breakdown at 23330. If breakdown Target1 23159. Further Breakdown of 23159 is expected to be bloodbath
Nifty 23280 - As posted in last posting has dropped to 23222( close to 23010 ). Nifty is weak and so Bought Nifty 2300 PUT @ 119 at 10:30 at Nifty 23280
Nifty 23508 - Descending Triangle pattern. Target 23753 Triangles are reliable chart patterns used in technical analysis. The patterns connect the beginning of the upper trendline to the beginning of the lower line. The upper line connects the highs while the lower line connects the lows in that security.
Nifty23370- Achieved target 23350 and expected to test 23530 whihc is the breakout
BankNifty 48349 - As per the chart pattern we expect BNF will bounce back to test 49200 breakout in short term and THEN more possibilities to drop to 44800