Nifty 6 Apr 2017

Nifty 16 Sept 2016

                                                               5 mins chart

Nifty broke out of last 3 days of consolidation with gap up opening. RED line (near 8825) is a resistance in upside,

Nifty 2 Sept 2016

                                                                       5 mins chart

Nifty is in consolidation zone since last 2 trading sessions. This is a  no trade zone and traders should wait for breakout on either side. 

Nifty 20 Aug 2016

One of my small trades done on 10th Aug 2016

Nifty 11 Aug 2016

                                                                         5 mins chart

Month of August may prove to be negative for Nifty. 

Nifty 27 July 2016

                                                  5 mins chart

Nifty seems to be tired after rallying over 600 points since 24th June (BREXIT voting day). We need more time for further confirmation of trend.  I did not post for long because of smooth uptrend we say since last few weeks.  (This YELLOW line is important level to watch)

Nifty 8 July 2016

                                                                5 mins chart

Nifty is facing resistance near RED line  as per chart since last 3 trading sessions. Overall trend in Nifty is up but if Nifty i unable to cross RED line and sustain above it then there may be some correction as per chart.