Lock profit in NIFTY. Correction ahead.
On 3rd January NIFTY inched ahead as predicted yesterday based on the bullish anomaly spotted on the SMT chart and closed 12.75 points...
NIFTY pullback rally gained strength. May witness more bullish strength.
Yesterday's (2nd Jan) movement in NIFTY confirmed more strength for it in the coming days. Though the index closed 5 points lower but the...
Thin volume rally may prove unsustainable. Bearish bias intact in NIFTY.
The unchallenged up move of NIFTY in the last 4 sessions amid very thin volumes is a common phenomenon in the last trading week of the...
NIFTY may encounter further selling pressure on the expiry day
A sudden and strong pullback on 27th Dec had dented in the profitability of our bearish hedge position, however there was no reason to...
NIFTY sold off as expected. Maintaining a bearish bias.
We spotted a bearish divergence on 24th Dec which indicated more selling ahead after a small pullback attempt. Exactly the same happened...
Hidden bearish divergence spotted. Selling should resume again.
We were bullish on the overall market from Thursday 22nd Dec close but anticipated it only as a short term pullback. On Friday 23rd NIFTY...
Selling overdone. Bullish on NIFTY again.
On 21st Dec around the closing of the market we spotted a hidden negative divergence and shorted the market by selling NIFTY futures and...
Hidden bearish divergence appeared. More selling on NIFTY to come.
The downtrend continued but with timid volumes. Yesterday 21st Dec NIFTY was in the positive territory almost throughout the day, in the...
NIFTY under accumulation. Relief rally expected
NIFTY fell consecutively for the 4th day but the price action and smart money movement suggesting accumulation taking place (circled...
We can expect short term bullish move in NIFTY now
On Friday 16th Dec, NIFTY was weak throughout the day and despite a gapped up opening it failed to sustain at higher level and closed 14...