
NIFTY rallied but bearish bias intact
After 2 days of falling NIFTY recovered yesterday afternoon with a nice vigor and closed 42 points up. However we don't see any bullish...

NIFTY weakness persisting. Exactly as anticipated by SMT.
Since the closing of markets on Nov 28th I have been anticipating weakness in the bull run and via the daily blog posts on Nov 29th and...

Small correction happened in NIFTY. More to come
As anticipated the NIFTY took a reverse turn and closed 32 point lower. The bearish bias is still in place as indicated by a peak-to-peak...

Bulls losing grip. NIFTY selling ahead.
Yesterday we spotted an anomaly with NIFTY and the Smart Money Tracker (SMT) which indicated the early sign of weakness in the bull...

Anomaly spotted via SMT. NIFTY may turn red again.
I was bullish on NIFTY from 24th Nov close at 7965 and in last two trading sessions from there NIFTY has reached 8127 yesterday. I booked...

Massive gain in NIFTY as indicated by SMT. Now with bullish sentiment.
In my previous post I mentioned about a turn around in NIFTY was indicated by our Smart Money Tracker on Thursday 24th. On Friday 25th we...

Bearish move over yesterday. Now looking for buy again
We have been expecting a downmove since last couple of days (read previous post here) and it came on Thursday 24th, the F&O expiry day on...

Hidden bearish divergence continues. Expect more selling pressure ahead
As pointed out in yesterday's post, the hidden bearish divergence spotted between Friday 18th and Tuesday 22nd closing NIFTY values is...

Yesterday's upmove in NIFTY warrants more bearishness ahead
As we have been expecting an upmove in NIFTY for last few days (due to a continuing bullish divergence reported in my previous posts) it...

Bullish divergence still in place - Expect upmove
The NIFTY was lackluster on last Friday with the bulls still sitting in the sideline. Marginal bullish efforts were immediately...