vishman0106

vishman0106

23800 is the number! if bulls manages to hold it on closing basis, we are still in for 25000 in the near term. there is a free fall below this number. so please trade accordingly, my personal opinion is that of a bullish move till 25000 or till the last bear exits the shorts.

vishman0106

Guess what the H&S is still in the making and the ones who believe that it's over can take a look at this. I don't think any explanation is required here, if anyone has queries can drop them in the comment box NIFTY_2024-10-31_13-28-47.png

vishman0106 Updated 

Banknifty has broken the trendline and moving downwards, any upside from here will be an opportunity to short.

vishman0106

This analysis and view is based on pivot points and Major S&R , also the institutional and retail psychology.

vishman0106

Nifty is forming this Bullish ABCD pattern i guess, its still not complete, but the parameters are showing that it will work out like this.

vishman0106

As discussed in the last analysis, nifty has touched the level 9500 levels and bounce back, now there is one more bounce expected before it falls, that level is mentioned on the charts.

vishman0106

This can be the trend for next week , since nifty is at support levels a technical bounce is due and will take nifty again to previous high but within the trend line, 10337 still remains the resistance.

vishman0106

Take a look at this, trying to hit retailers SL since morning, but a break above or below given level can have a sustainable movement

vishman0106

everyone is thinking reliance is overbought and is ready to fall but please have a look at this before you take any short side trade, its just on the verge of breakout guys.