12 june close trend

Nifty 23620 , 250       

Gann level ( ,000)

Nifty 22.1 22.9 23.6 24.4 25.2 

Gold 131 140 150 160 170 180

Silver 202 213 225 237 250 262 270 288 302 316 330

60 month long uptrend line of equity inflow in mutual fund is broken down in may.

Global news keep market volatile.

Technical indicator giving sell signal on monthly chart after covid.

Rally confirm above 23850 only on daily chart.

Weekly chart give strong sell and deep down target.

5 june close trend

Nifty    23370      ,   -180       

Gann level  (  ,000)

Nifty 21.4 22.1 22.9 23.6 24.4 25.2 

Gold 131 140 150 160 170 180

Silver 202 213 225 237 250 262 270 288 302 316 330

2024 low 21300 - on loksabha result 

2025 low 21700 - after US terriff

2026 low1 22200 - US war Iraq

Trendline of 2024, 25 touched in 2026 at 22200 and bounce to retest it now at 22500

29 may close trend

Nifty 23550 , -170      

Gann level ( ,000)

Nifty  21.4 22.1 22.9 23.6 24.4 25.2

Gold 131 140 150 160 170 180

Silver 202 213 225 237 250 262 270 288 302 316 330

Market close above 24000 on mondays roll over rally. After 2 days flat trade it crash to 23500 due to monthend selling and MSCI setting on last day.

22 may close trend

Nifty    23720    ,   80      

Gann level  (  ,000)

Nifty 21.4 22.1 22.9 23.6 24.4 25.2

Gold 131 140 150 160 170 180

Silver 202 213 225 237 250 262 270 288 302 316 330

15 may close trend

Nifty    23645    ,   -530      

Gann level  (  ,000)

Nifty 21.4 22.1 22.9 23.6 24.4 25.2 

Gold 131 140 150 160 170 180

Silver 202 213 225 237 250 262 270 288 302 316 330

Nifty trading range broken on downside, took gann level support at 23600, next sup at 22900 22100.

Inflation, global news, co. results to deside trend.

8 may close trend

Nifty    24175  ,   175      

Gann level  (  ,000)

Nifty  22.1 22.9 23.6 24.4 25.2 26 26.8

Gold 131 140 150 160 170 180

Silver 202 213 225 237 250 262 270 288 302 316 330

Sensex 26Q2 sup 71,66,56,50,47,44k

Nifty trading in range for almost 25 days with positional buy sl of 23800, and sell sl of 25600.

30 apr close trend

Nifty     24000    100         

Gann level  (  ,000)

Nifty 17.9 18.6 19.2 20 20.6 21.4 

22.1 22.9 23.6 24.4 25.2 26 26.8

Gold 131 140 150 160 170 180

Silver 202 213 225 237 250 262 270 288 302 316 330

Sensex 26Q2 sup 71,66,56,50,47,44k