6 nov close trend

Nifty             25030       , 1980

Gann level  (  ,000)

Nifty  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 

Crude$ 56 62 69 75 83 90 98 105 114 122 

25120 nifty shark attack 113% tgt

This week to see a big crash simillar to last week rally.

30 oct close trend

Nifty          23050          , 450

Gann level  (  ,000)

Nifty 21.4 22.1 22.9 23.6 24.4 

Gold 131 140 150 160 170 180

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

Crude$ 56 62 69 75 83 90 98 105 114 122 131

Trend Support at 23000 n resis. at 23150

23 oct close trend

Nifty 22600 , -550

Gann level ( ,000)

Nifty  21.4 22.1 22.9 23.6 24.4

Gold 131 140 150 160 170 180

Silver 202 213 225 237 250 262 270 288 302 

Crude$ 56 62 69 75 83 90 98 105 114 122 131

H&S pattern on weekly chart with nackline at 22300 this week. Below it tgt at 18000. 

Above 94 INR is weak.

Below 21800 in nov, 22000 in dec to confirm long term bear phase

16 oct close trend

Nifty          23150      , 630

Gann level  (  ,000)

Nifty 21.4 22.1 22.9 23.6 24.4 

Gold 131 140 150 160 170 180

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

Crude$ 56 62 69 75 83 90 98 105 114 122 131

Nifty bounceback 1000 point to close at 38% of aug-sep fall of 2500.

9 oct close trend

Nifty 22520 , 100

Gann level ( ,000)

Nifty 21.4 22.1 22.9 23.6 24.4

Gold 131 140 150 160 170 180

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

Crude$ 56 62 69 75 83 90 98 105 114 122 131

10 week of red candel, but weekly gain of 100 points.

Monday range 22500 22600 break to deside trend.

On qtly chart 21800 is last hope for bulls. Below bearphase to start for target 16000.

1 oct close trend

Nifty 22420 , -720

Gann level ( ,000)

Nifty  21.4 22.1 22.9 23.6 24.4 

Gold 131 140 150 160 170 180

Silver 202 213 225 237 250 262 270 288 302 316 3306

Crude$ 56 62 69 75 83 90 98 105 114 122

On daily chart nifty fail to cross/hold above 500ma range between 24000- 24600.

On wkly chart 200ma is broken. During 21 yr of bullrun it is broken and rallyed few times. Next 8 yr bear phase it will face resistance on each pullback and fall. 

On mthly chart break below 21600 to confirm bear phase.

On qtly chart 21800 is last hope for bulls. Below bearphase to start for target 16000

25 sep close trend

Nifty 23140 , -210

Gann level ( ,000)

Nifty 21.4 22.1 22.9 23.6 24.4 

Gold 131 140 150 160 170 180

Silver 202 213 225 237 250 262 270 288 302 316 3306

Crude 75 83 90 98 105 114 122 

After 2018 again 8 week of fall.

Post carona first time alert on monthly chart indicator.

 

18 sep close trend

Nifty      23350       , -50

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

Fresh rally above 23900 , 24000 only. rate hike, ipo, global news n rating keep market volatile.

Weekly ma support at 22900,

2025 n 26 low trendline now at 22500, below that fresh selling to start.

11 sep close trend

Nifty 23480 , -420

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 3306

LTma trading flat for two months after reaching all time high. Mkt needs to cross ìt and hold for new rally.

STma turn down after ATH in 2026 now 24400.

LT investors are loosing profit from all time high, few started booking their loose.

Fifth week of fall red candel.

strong resistance bet. 23900-24700

Rising wedge pattern breakdown tgt 22200 n 20000.

4 sep close trend

Nifty        23900      , -275

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

LTma trading flat for two months after reaching all time high. Mkt needs to cross ìt and hold for new rally.

STma turn down after ath in 2026 now 24400.

LT investors are loosing profit from all time high, few started booking their loose.

Fifth week of fall red candel.

28 aug close trend

Nifty            24175 , -75

Gann level  (  ,000)

Nifty  22.9 23.6 24.4 25.2 26 

Gold 131 140 150 160 170 180

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

21 aug close trend

Nifty          24250 , -120

Gann level  (  ,000)

Nifty 22.9 23.6 24.4 25.2 26 

Gold 131 140 150 160 170 180

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

14 aug close trend

Nifty          24370     , -200       

Gann level  (  ,000)
Nifty 22.9 23.6 24.4 25.2 26 
Gold 131 140 150 160 170 180
Silver 202 213 225 237 250 262 270 288 302 316 330

This year range 22000 to 26000 narrow to between LTMA at 23800 to 24600. This to act as support, resistance for next move of nexr few years.

7 aug close trend

Nifty          24570     , 190      

Gann level  (  ,000)
Nifty 22.9 23.6 24.4 25.2 26 
Gold 131 140 150 160 170 180
Silver 202 213 225 237 250 262 270 288 302 316 330

Buy add this monthend 24000 niftyput around 50 sl 10

31 july close trend

Nifty 24380 , 610       

Gann level ( ,000)

Nifty 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

Last friday nifty bounce from 23600 to hit 24400 high, both gann level.

MA 24450 act as resistance twice, rally confirm above it, day chart.

Strong upmove above 25000 only, wk chart.

Mercury to direct market move, for 3 months 23600  sl of buy/sell.

Mf equity inflow continue for 65 months.

Nifty is in 4000 pt range for last 30 mth, between 22000-26000. Performing price and time correction same time.

Global news keep market volatile.

Rbi support help rupee to rise after testing 97.

Monthly chart support at 22600.

24 july close trend

Nifty       23770   ,   - 440       

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

17 july close trend

Nifty            24210 ,   - 60       

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

10 july close trend

Nifty 24210 ,       -60  

Gann level  (  ,000)

Nifty 22.1 22.9 23.6 24.4 25.2 26 

Gold 131 140 150 160 170 180

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

Nifty is in 4000 pt range for last 30 mth, between 22000-26000. Performing price and time correction same time.

Daily wedge sup at 24000.

3 july close trend

Nifty 24270 ,       210  

Gann level  (  ,000)

Nifty 22.1 22.9 23.6 24.4 25.2 26 

Gold 131 140 150 160 170 180

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

26 june close trend

Nifty            24060 ,   50       

Gann level  (  ,000)

Nifty 22.1 22.9 23.6 24.4 25.2 26 

Gold 131 140 150 160 170 180

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

19 june close trend

Nifty            24010 ,   390       

Gann level  (  ,000)

Nifty 22.9 23.6 24.4 25.2 26

Gold 131 140 150 160 170 180

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

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

24 apr close trend

Nifty 23900 - 450 

Gann level ( ,000)

Nifty  22.1 22.9 23.6 24.4 25.2 26 

Gold 131 140 150 160 170 180

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

@10% return NLNP

Buyer at 22000 / 2024 holding sl 24000 

Buyer at 17000 /2022 holding sl 22000

17 apr close trend

Nifty   24350 300

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

range 24000-24500  

Sell sl 24500, buy sl 24000

2024 low 21300 - on loksabha result 

2025 low 21700 - after US terriff

2026 low 22200 - US war Iraq

Trendline of 2024 25 touched in 2026 at 22200 and bounce, 

10 apr close trend

Nifty   24050     1350

Gann level  (  ,000)

Nifty  22.9 <   23.2 < 23.6 < 24.0 > 24.4 > 24.8 > 25.2 

Gold 131 140 150 160 170 180

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

Chart  trend   start   gain  stoploss

2 hr  UP  @22300 * 1700  * 23950

Daily  UP  @22500 * 1500 * 23900

Weekly UP @22800 *1200 * 23900 

Monthly UP @22900 *1100* 23000

Market saw great rally on positive war news , pullback of almist 2000 points. Outcome of meet will deside trend, up trend confirm above 24500 only.