26 may close trend

Nifty 18499

India vix 11.9, no change in trend long term, time n price correction

200 ma at 18100 60 min , 500 at 17900 17700

 Fed n RBI will deside intrest rate next mth, 

Month end rally or profit booking this week by mutual funds

Weekly resistance at 18600 sup 18300, 17900 this wk

Daily sup at 18300, 18000 on icloud

19 may close trend

Nifty 18203

Kk election result out, rbi 2k note withdwal

Last wk sup from 500 ma 15 min

Daily chart sup 18000, below bear phase for wk

Up trend above 18250 this wk

12 may close trend

Nifty 18315

India vix at low, indicating trend following, trend is time n price correction

Karnataka result as expected , congress majority, challeng to midi gov, risk for market ,

Technically 200 500 ma 60 min at 17700/800

Daily at 17500,17000, 16500

Option before bjp, midtermpoll , chang leader, new issue like mathura, pak hindu, pok before 2024 loksabha poll

5 may close trend

Nifty 18069

Short term up trend sup 17700 , 60 min 200,500 ma

Last hope for bulls at 17000 16500 for this month

Nifty tgt 15400,13300 

By jan, sep 2024, usdinr tgt 86 sl 82