

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...


NIFTY in equilibrium. Fresh signal awaited.
Yesterday 15th Dec the news of US FED rate hike created uncertainty in the market which resulted in volatile price movements throughout...


NIFTY eased off and choppy again
We don't have any fresh bearish signal coming of the smart money tracker (chart below). However, the rate hike by US Fed this morning may...


NIFTY reversed exactly as anticipated. Now bullish bias in on.
As posted on yesterday 13 Dec, the hidden bullish divergence between NIFTY and SMT worked in favor of our bullish position (see the chart...
