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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...

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NIFTY has rallied over 1000++ points from our demand zone and has now reached another MAKE or BREAK level trendline which has been acting as a crucial zone hence we may see rejection around this trendline if opens flat but will eventually breakout for new highs so plan your trades accordingly.

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As we can see despite the weakness nifty managed to close strong and following in daily time frame, we can see retesting at the breakout level hence we may expect NIFTY to continue its uptrend and its direction towards 24000++ in coming days so plan your trades accordingly.

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As we can see NIFTY can be seen forming signs of reversal with taking resistance at the smaller trendline making it weaker hence any closing above 23300 can show unidirectional move of 200-300 points so plan your trades accordingly and keep watching.

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As analysed, we had been adamant to our analysis when it went in our demand zone and it did went our way, though it’s not much but I believe it is the start of the new trend which is UPTREND. Hence as long as the low is not taken out, all dips can be bought so plan your trades accordingly.

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As we can see despite the weak opening, NIFTY managed to recover strong but closed forming a doji structure which shows indecision which indicates that bears have lost their dominance and bulls are likely to take control hence keeping SL below the demand zone on closing basis, one can go long POSITIONALLY despite weakness that might occur so plan your trades...

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As we can see NIFTY can be seen trading at very important demand zone with taking support at very important trendline support hence we can expect a strong REVERSAL from this area for a new trend which is UPTREND. One can go LONG from here keeping STOPLOSSES below the structure closing basis so plan your trades accordingly and keep watching.

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As we can see despite hitting the untested demand zone, it failed to recover strongly and can be seen again trading at its lows and forming more like an inverted flag-pole pattern which is also a bearish continuation pattern hence we might see a sudden breakdown which can create a panic but may lead to a trap in bigger time frame so plan your trades accordingly...

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As we can see NIFTY has formed two strong green candle exactly from our demand zone as we analysed but 22800 level is yet to be tested hence despite the signs of REVERSAL, we may see NIFTY testing our demand zone creating another panic in the market before it finally REVERSES towards its new ATH so plan your trades accordingly.

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As we can see NIFTY did test our demand zone and REVESED strongly though it was due to HDFC bank good quarterly result but any which way it reversed exactly from our demand zone which was well expected. Hence we can stand by our analysis of buying the dip now till it closes below 22500 level so plan your trades accordingly.

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As we can see after much of whipsaws NIFTY closed in red which was very eminent, now following the structure we can see NIFTY heading towards our very strong demand zone around 22800 levels marked on the charts. Following the market sentiment which has gone into extreme fear, it could be considered as a great time to add at dips which are being offered at great...

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As we can see more like a W kinda pattern in daily time frame which is a sign of reversal hence long positions can be made keeping SL below the structure for last swings being the target so plan your trades accordingly and keep watching.

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As we can see NIFTY has formed more like a doji candle which shows signs of indecision but hasn’t yet tested our demand zone hence if this structure would have formed around our demand zone then we would have confirmed the trend REVERSAL but since the demand zone is yet to be tested, no aggressive buying position should be made unless this weekly candle is formed...

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As we can see despite the strong opening, NIFTY failed to sustain itself at higher levels and had been negative to sideways throughout the day. Following the structure, we can expect NIFTY to test its important demand zone around 22800 levels hence we can expect more of bearishness or sluggishness in the market before finally reversing so plan your trades...

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Following the global cues, we can expect NIFTY to open strong as the bank quarterly results has been good but only way to find out if it sustains or not! As if it sustains then we may see new Trend REVERSAL else it will lead to more volatility with new gaps that will be pending to filled so plan your trades accordingly and keep watching

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As we can see it has formed more like a doji candle which shows indecision after a straight downfall hence we can expect NIFTY to REVERSE from our given levels around 22800 so plan your trades accordingly.