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Friday, January 24, 2025

24 jan close trend

Nifty    230927  , - 110 

More than 10 sell week first time since june2020,
 strong sell below 23300 on fibo band sl 23700 support 22800
Daily chart icloud sell sl 24200
Kc weekly sell sl 23400

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