1 aug close trend

Nifty     24565     ,  -280

Gann level    

23650 < 24000 < 24400 > 24800 > 25200

On fibo band

2 hr down trend @ 25600 sl 24600

Daily down trend @ 25600 sl 24700

Weekly down trend @ 25500 sl 25000 

Monthly down trend @ 25500 sl 25200

 

25 july close trend

Nifty     24840     ,  -130

Gann level    

24000 < 24400 < 24800 > 25200 > 25600 

On fibo band

2 hr down trend @ 25600 sl 24800

Daily down trend @ 25600 sl 24900

Weekly down trend @ 25500 sl 25200 

Monthly down trend @ 25500 sl 25400

*Week fail to cross 25200, Last day took support at 24800 gann levels.

*24800 also a 500 dma support

*70 days range Trendline support finally broken on friday

*Fourth down week on fii selling , bad result and global news

*down fibo tgt 21000,18500

*Mutual fund net inflow almost 50% down from all time high in june.

*Equity aum flat even in falling market due to inflow.

18 july close trend

Nifty     24970   ,  -180

Gann level    

  24000 < 24400 < 24800 < 25200 > 25600 

On fibo band

2 hr down trend @ 25600 sl 25000

Daily down trend @ 25600 sl 25000

Weekly down trend @ 25500 sl 25300 

Monthly down trend @ 25500 sl 25500

After 4 days of range trading, market broke RW lower support on last day of week.

Qurterly results fail to boost breakout rally

11 july close trend

Nifty     25150   ,  -310

Gann level    

 24400 < 24800 < 25200 > 25600 > 26000 

On fibo band

2 hr down trend @ 25600 sl 25200

Daily down trend @ 25600 sl 25350

Weekly down trend @ 25500 sl 25400 

Monthly down trend @ 25500 sl 25500

 Traded first 3 days flat, 

last 2 day saw 300 pt fall 

RW support at 25000

27 june close trend

Nifty     25640 ,  530

Gann level    

 24800 < 25200 < 25600 > 26000 > 26400 >26800

Long term sup 22400, 21300, 20400

Sup 21600, 21700

 Sup 22600, 800,900,23500

Daily up trend sl 25400, 25000

Weekly up trend sl 25300

Monthly up trend sl 24000

20 june close trend

Nifty 25112 , 390

Gann level    

  22900 < 23250 < 23650 < 24000 < 24400 < 24800 < 25200 > 25600

Long term sup 22400, 21300, 20400

Sup 21600, 21700

 Sup 22600, 800,900,23500

*Daily chart 24700 25300 trading range of 30 days

* monthly sell sl 25200 intact

*weekly sell since may third week

* monthly candle , 22000 25300 range bound trade

* last month of quarter, close below 23400 in june for red candle