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Sunday, January 19, 2025

17 jan close trend

Nifty 23203 , - 230 

More than 10 sell week first time since june2020, strong sell below 23300 on fibo band
Bearish 50/200ma crossover on daily chart
Bull sl 22600 for jan on month chart,
Only one sell month after june 2020
Since 2016 only 3 month with sell signal, carona, jan sl 22400

budget and US president are next trigger for market

Saturday, January 4, 2025

3 dec close trend

Nifty 24005   +360

Nifty bearish trading below Hourly 500 ma.
bearish 200 Dma n ema cross n
Trade  close 24000 , 200ma on daily chart

In 104 week of 2023 n 2024 only 10 are with sell signal, resiprocate will happen in next few years ie only few buy week and 90% sell signal

Long term Bear phase confirm below 23500 sl 24500 on week fibo band

Nifty bearish confirm below 23600 50ma n 23400 mid KC on week chart