
✍ Nifty seems to have bottomed out, must reverse from here, Support at 22415 if holds.
✍ No Holdings.
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Technical Analysis - Indian Equity Market
Operating as usual
✍ Nifty seems to have bottomed out, must reverse from here, Support at 22415 if holds.
✍ No Holdings.
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✍ A Sharp Rally from 7 to 50 pushed many Retailers to buy at higher price.
✍ Many queries from Retailers now. Where the price will go next.
✍ Above Chart shows a Head & Shoulder and a Possible break down may trigger a good or big fall soon.
✍ 36.50 if breaks may trigger a valid Head & Shoulder Pattern.
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made a 5 wave downside was not expected by many, my sell message on social media was widely criticized, finally 21930 tested support.
Expected & Happened
made a 200 points fall as predicted today.
22456.
✍ Key Resisitance at 22570 / 22625.
✍ Support at 22350.
✍ No Holdings
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22360 🚩
✍ Support at 22350 & 22325.
✍ Resistance at 22410 & 22445.
✍ No Holdings.
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🚩 47995.
✍ Resistance at 48120 / 48225 / 48600.
✍ Support at 4 7745 / 47630.
✍ No Holdings
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22 365 🚩
✍ Key Resisitance at 22415 & 22550.
✍ Key Support at 22 200.
✍ No Holdings
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🚩 10746
🚩 Expecting a Larger Correction and might fall deeply.
🚩 Holding Short.
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22045 🚩
✨ Nifty was really brutal & Many Option Sellers lost their whole Capital in just few minutes move.
✨ Nifty /BN dropped in a Such a way with a ÷ve Div, shows a trailer for a movie for the upcoming events.
✨ My NIFTYFUTURE 100 points profit vanished in few seconds, though NiftyMidCP Futures gave 100 pts.
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FUTURES Target done. ✔️
A Relief Rally expected in Nifty, BankNifty, Fin Nifty & NiftyMidCP also.
Rally might get get sold out soon.
Cart posted on Telegram Channel.
t.me/+E3e4I_xVTvQ3Z…
Booked Profit
*NIFTYFUTURE* Book Profit at 22430
Profit 200 Pts
*BANKNIFTY FUTURES* Book Profit at 48200.
Profit 500 Pts
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48565 🚩
✍ Completed WXYZ pattern, and may correct towards the channel bottom.
✍ Holding Short Position
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22519 🔥
✍ ABCDE Consolidation Completed and might test or break the bottom of the channel.
✍ Holding Short.
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🚩 -300.
✍ An Unusual Resisitance at 39868 _ 39815 is the first warning ⚠️ Signal.
✍ Now Key and Important Support 37120 should not break,
✍ If this "Mother Market" lost its Hold, Expect Rest of the world to follow.
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1495 🚩
✍ Short Term bounce possible, as 1480 witnessing a good buying Support.
✍ Holding Long in Futures for a Short Term Rally.
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