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