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Friday mentioned, if NIFTY breaks 4875 then non- stop slide till 4826-4805 (NIFTY hits 4806)
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ABOVE 4962 NO PROBLEM FOR BULLS
NOW TWO CONSECUTIVE CLOSE ABOVE 4962 WILL TAKE NIFTY UP TO 5085
TODAY NEO-PLATONIC SUPPORT@ 4905 & 4880
NIFTY RANGE is 4760-5100
"SELL ON EVERY RISE" (ABOVE 5140 DON'T HOLD ANY SHORTS)
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TODAY SELL NIFTY AROUND 5050-4995 FOR A TARGET1-4950, TARGET2- 4880 keep SL-5090
TODAY BUY NIFTY AROUND 4888-4830 FOR A TARGET1-4935, TARGET2- 5005 keep SL-4800
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NIFTY VERTICAL SYNTHETIC RETRACEMENT
NIFTY TREND CHART
NIFTY SWING CHART
NIFTY NEO-PLATONIC CHART
NIFTY PITCHFORK CHART
NIFTY PIVOT TABLE
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As mentioned two days back, if NIFTY resisted by major channel around 5120 level then VERTICAL FALL not ruled out. Yesterday is just a start in the downfall. Now 4875-4826-4805 gates are open.
Yesterday mentioned, if NIFTY breaks 5052 then non- stop slide till 5005-4988-4960 (NIFTY hits4986)
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BELOW 4993 NIFTY WILL KISS 4875(minor support). IF 4875 breaks non-stop slide till4826-4805.
"SELL ON EVERY RISE" (ABOVE 5140 DON'T HOLD ANY SHORTS)
NEO-PLATONIC SUPPORT@ 4960 & 4913
NIFTY RANGE is 4400-5100
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TODAY SELL NIFTY AROUND 5077-5041 FOR A TARGET1-5005, TARGET2- 4960 keep SL-5090
TODAY BUY NIFTY AROUND 4930-4970 FOR A TARGET1-5005, TARGET2- 5060 keep SL-4910
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NIFTY VERTICAL SYNTHETIC RETRACEMENT - LONG-TERM
NIFTY VERTICAL SYNTHETIC RETRACEMENT(since 2003)
NIFTY TREND CHART
NIFTY PIVOT TABLE
Above 5125 (91.1% vertical synthetic retracement level) no problem for BULLS.
NIFTY MAJOR SUPPORT@ 5005 & 4960 (Neo-platonic support)
"SELL ON EVERY RISE" (ABOVE 5140 DON'T HOLD ANY SHORTS)
If NIFTY breaks 5052 then non- stop slide till 5005-4988-4960
MAJOR RESISTANCE @ 5138 (yesterday's HIGH). Daily/Weekly close above this level will favor BULLS.
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TODAY SELL NIFTY AROUND 5142-5124 FOR A TARGET1-5105, TARGET2- 5080 keep SL-5150
TODAY BUY NIFTY AROUND 5070-5090 FOR A TARGET1-5105, TARGET2- 5130 keep SL-5050
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NIFTY TREND CHART
NIFTY GANN'S CHART
NIFTY PIVOT TABLE
If NIFTY breaks 5052 & 5030 level (1min & hourly support) then non- stop slide till 4985-4943.
"NIFTY need to cross 5113 level (yesterday's high) with volume for UP to continue.
NIFTY MAJOR SUPPORT@ 4985 & 4943 (Neo-platonic support)
"SELL ON EVERY RISE" (ABOVE 5150 DON'T HOLD ANY SHORTS)
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TODAY SELL NIFTY AROUND 5125-5106 FOR A TARGET1-5090, TARGET2- 5065 keep SL-5150
TODAY BUY NIFTY AROUND 5055-5074 FOR A TARGET1-5090, TARGET2- 5115 keep SL-5030
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MAJOR TREND RESISTANCE @ 5115
NIFTY 1-MIN CHART
NIFTY HOURLY CHART
NIFTY NEO-PLATONIC RETRACEMENT
NIFTY PIVOT TABLE
If global cues not supporting to move above 5120 level & if yesterday low 5052 breaks then non-stop slide up to 4990 not ruled out.
"NIFTY may touch the channel top today around 5120 level. If this MAJOR CHANNEL resisted the UP move then vertical fall expected.
NIFTY MAJOR SUPPORT@ 4990 & 4955 (Neo-platonic support) & GANN'S RESISTANCE @ 5145
"SELL ON EVERY RISE" (ABOVE 5150 DON'T HOLD ANY SHORTS)
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TODAY SELL NIFTY AROUND 5140-5120 FOR A TARGET1-5105, TARGET2- 5080 keep SL-5150
TODAY BUY NIFTY AROUND 5070-5086 FOR A TARGET1-5105, TARGET2- 5125 keep SL-5050
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MAJOR TREND RESISTANCE @ 5120
BEFORE EXPIRY NIFTY WILL GO AROUND 4700-4500 level (TODAY REVERSAL NEED TO CONFIRM THESE LEVELS)
NIFTY GANN'S CHART
NIFTY TREND CHART
NIFTY SWING CHART
NIFTY SYNTHETIC RETRACEMENT CHART
NIFTY PIVOT TABLE
BUY ABOVE 5108 level for an INTRADAY-target 5135
SELL below 5028 level for an INTRADAY target of 5003
No update today (as some issue with my OS)
5110 & 4960 are breakout levels. Watch carefully
From last two days i am writing a fall over 200 points in NIFTY by this friday or next monday & before expiry it will touch 4690 level(as we are completing 55weeks from the october'2008 low (2258)). Will it happen today?
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TODAY SELL NIFTY AROUND 5040-5014 FOR A TARGET1-4985, TARGET2- 4955 keep SL-5050
TODAY BUY NIFTY AROUND 4940-4965 FOR A TARGET1-4985, TARGET2- 5025 keep SL-4920
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"Now if NIFTY not crossing 5030 level then huge fall expected"
NIFTY MAJOR SUPPORT@ 4955 & 4915 (Neo-platonic support) & GANN'S SUPPORT @ 4928
"SELL ON EVERY RISE" (for all SHORTS SL-5040); TREND RESISTANCE @ 5030 (pitchfork)
MAJOR TREND RESISTANCE @ 5125
If 4955-4915 level breaks then NIFTY support zone @ 4850-4837-4796.
BEFORE EXPIRY NIFTY WILL GO AROUND 4700-4500 level (if our previous high 5182 not taken out)
NIFTY TREND CHART
Nifty channel top @ 5125
NIFTY VERTICAL SYNTHETIC RETRACEMENT CHART
NIFTY PITCH-FORK CHART
Nifty channel top @ 5030
NIFTY GANN'S CHART
NIFTY SWING CHART
NIFTY PIVOT TABLE
Existing swing chart target 5233-5400 level (if 5020 & 4993 not breaks decisively)
If 4993 breaks with volume then swing target is 4700-4500 level
I am expecting a fall over 200 points in NIFTY by this friday or next monday & before expiry it will touch 4690 level(as we are completing 55weeks from the october'2008 low (2258)) -- (this will happen if NIFTY breaks 5010 & 4993 with volume)
BEFORE EXPIRY NIFTY WILL GO AROUND 4700-4500 level (if our previous high 5182 not taken out)
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TODAY SELL NIFTY AROUND 5075-5065 FOR A TARGET1-5055, TARGET2- 5040 keep SL-5090
TODAY BUY NIFTY AROUND 5030-5045 FOR A TARGET1-5055, TARGET2- 5070 keep SL-5010
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NIFTY MAJOR SUPPORT@ 4955 & 4915 (Neo-platonic support) & 91.1% vertical synthetic reversal point @ 5125
NIFTY 30min chart
NIFTY SWING CHART
NIFTY GANN'S CHART
NIFTY PIVOT TABLE
TODAY
Two consecutive day closed above 5060 level, now NIFTY will kiss 5125-5140 level.
NIFTY SUPPORT@ 4955 & 4915 (Neo-platonic support)
91.1% vertical synthetic reversal point @ 5125
I am expecting a fall over 200 points in NIFTY by this friday or next monday & before expiry it will touch 4690 level(as we are completing 55weeks from the october'2008 low (2258))
BEFORE EXPIRY NIFTY WILL GO AROUND 4700-4500 level (if our previous high 5182 not taken out)
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TODAY SELL NIFTY AROUND 5100-5080 FOR A TARGET1-5060, TARGET2- 5035 keep SL-5130
TODAY BUY NIFTY AROUND 5027-5045 FOR A TARGET1-5060, TARGET2- 5085 keep SL-5000
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NIFTY HARMONIC CHART
Using harmonic analysis, trend reversal may happen @ 38.2% level (that is by next week)
NIFTY GANN'S CHART
NIFTY SWING CHART
NIFTY NEO-PLATONIC RETRACEMENT LEVELS
NIFTY PIVOT TABLE
Yesterday stop-loss hit @ 5060. If today holds & close 5060 will take up to 5130-5170-5200 level
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Above 4993 level (70.7% retracement level). NIFTY will kiss 5125-5140 level.
NIFTY TREND CHANNEL RESISTANCE @ 5098
Last week NIFTY closed over 34EMA level, not good for BEARS (mentioning from last tuesday)
BEFORE EXPIRY NIFTY WILL GO AROUND 4600-4400 level
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TODAY SELL NIFTY AROUND 5100-5080 FOR A TARGET1-5055, TARGET2- 5030 keep SL-5130
TODAY BUY NIFTY AROUND 5015-5035 FOR A TARGET1-5055, TARGET2- 5085 keep SL-5000
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NIFTY VERTICAL SYNTHETIC RETRACEMENT CHART
91.1% resistance @ 5125
NIFTY TREND CHART (MAJOR)
NIFTY TREND CHART
NIFTY PIVOT TABLE
DISCLAIMER
All the content mentioned in this blog is my personal journal and should not be taken as a trading advice. Please use the content purely for learning purposes. I may or may not be holding any positions in the stocks/contracts under discussion. I will not be responsible for your profits or losses
