Sunday, August 30, 2020

Weekly Review - 31st Aug 2020

 Dear All,

>>> NIFTY Daily Chart <<<


>>> Click the chart to see on full screen <<<

Last 2 Years was so volatile, with alphabetical counts. No Rule in this game so far. Yet more to come.

>>> Nifty Hourly Chart <<<


>> Click the chart to see on full screen <<<

Its a Clear bear trap when nifty surpassed 10040 from the low of 9544, entire trend reversed and uptrend started. Watch the Support line, still unbreakable.


>>> Bank NIFTY Daily Chart <<<


>> Click the chart to see on full screen <<<

Watch Resistance for next Move

>> CNX Psu Bank Index - Daily Chart - Posted on 23rd Aug 2020 <<<


>> Click the chart to see on full screen <<<

Posted on 23rd Aug, for a Possible Break out 

>>> PSU Bank Index - Happened <<<


>> Click the chart to see on full screen <<<

It was a clear break out and expect a good rally in all PSU Bank Stocks soon


>>> Wipro - Daily Chart - Caution Advised <<<


>> Click the chart to see on full screen <<<

Caution Advised, If break below the support line.

>>> N4A <<<



Sunday, August 23, 2020

Nifty... What's Next..??? 11800+

 Dear All,

>>> NIFTY Daily Chart <<<

>>> Click the chart to see on full screen <<<

Liquidity is the Only answer for this clueless move in NIFTY. We may see a movement till 11800 soon. A mere break Out or Break down not working on technical front. Stay Calm and keep watching is the Only solution. Volatile may continue. Lets wait and watch. 

>>> NIFTY PSU Bank Index <<<

>>> Click the chart to see on full screen <<<

PSU Bank Index - Waiting for a Key break out, may trigger a good rally in all PSU Bank Stocks.


>>> N4A <<< 


Sunday, August 16, 2020

Nifty Key Support @ 10900 & 10550

 Dear All,

>>> NIFTY Daily Chart <<<



>>> Click the chart to see on full screen <<<

Watch Key Resistance @ 11340 & 11370. Support @ 10900 & 10550.