There is no change to the view expressed in the last week’s update. The long trade detailed last week has played out and the Nifty has hit our then mentioned…Continue Reading
The Nifty has been fairly volatile recently, to say the least. The gap down today provides an opportunity to buy the Nifty from a short-term perspective. Have a look at…Continue Reading
The Nifty has been struggling near the 5,900-5,910 range. A look at the 15-minute chart of the Nifty, featured below, indicates that the price is now consolidating at the middle…Continue Reading
Nifty recovered sharply in the last two trading sessions of the week gone by. In a prior update posted on June 17, we had mentioned that the index is entering a…Continue Reading
Here is an update to the post done yesterday. Kindly direct your attention to the updated 15-minute chart of the Nifty featured below. The trade plan detailed yesterday played out…Continue Reading
Here is a quick Nifty update. Have a look at the 15-minute chart of the Nifty featured below. Notice how price reversed at the prior gap and has also fallen…Continue Reading
The Nifty has moved in sync with our expectations during the just concluded week. The index has done nothing much since our previous follow-up posted on June 20. From the…Continue Reading
The scenario mapped out in the Monday’s post has played out to perfection. The Nifty turned weak right at the prior gap area of 5,860-5,890 that was highlighted in the…Continue Reading
Our recent stance of the Nifty sliding to 5,650-5,700 has played out. The index last week fell 30-points shy of the target of 5,650. The sharp bounce back on Friday…Continue Reading
The Nifty moved in line with the last week’s expectations. The failure at 5,970 on Friday confirms that the trend is down. Kindly direct your attention to the 15-minute chart…Continue Reading