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Nifty -Challenging Week Ahead; Weekly Range 23700-23900-24200-24500; Oscillators in All timeframe in the overbought territory;
Indian markets have been rallying since the election results. Both NIFTY50 and SENSEX have made substantial gains, surging over 7% so far...
Neeraj Bhatia
Jun 30, 20249 min read
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Nifty - Heavy Consolidation; Weekly Range 23300-23790 Likely; Watchful Level 22398 and 23670 for momentum
Throughout the previous truncated week, the markets consolidated heavily, mostly in the capped range but crawling on the higher side. The...
Neeraj Bhatia
Jun 23, 20247 min read
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Nifty - Truncated Week Range 23050 to 23680; Within Budget expectations, Profit taking on a higher level will continue
The previous week was exactly the opposite of the week before that as the markets remained in an extremely narrow range before closing...
Neeraj Bhatia
Jun 17, 20245 min read
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Nifty - 23500 on the Card with capped Upside; Profit Booking on higher tops most likely;
The Nifty 50 Index witnessed a roller coaster ride with the onset of June 2024 as frontline indices swung sharply in both directions due...
Neeraj Bhatia
Jun 9, 20249 min read
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Nifty - Looking for Direction; Election Results; RBI Policy; GST Data; PMI Data & India VIX will play a big role;
While a comfortable majority for the incumbent government could lead to some short-covering led rally, we believe the upside might be...
Neeraj Bhatia
Jun 2, 20247 min read
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Nifty - Volatile Week Ahead; Weekly Range 22550-22800-23350-23500; Monthly Expiry; LS Election
It was a truncated day for the markets; over the past four trading sessions, the Indian equities continued to edge higher and ended on a...
Neeraj Bhatia
May 26, 20247 min read
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Nifty -Wide Range expected 21800 -22650-22800; Awaiting Election Outcome; VIX Spiking Continuously;
The Nifty index closed the week at 22,502, while the Bank Nifty climbed by 1.68 percent to end at 48,199.50. Nifty Midcap hit an all-time...
Neeraj Bhatia
May 20, 20247 min read
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Nifty-Technical Rebound expected; 22000 should be protected; Closing below 21992 may shift the downward level to 20603 soon
The Nifty 50 Index lost around 3 percent each over last week as a result of heavy FII selling. The markets are expected to consolidate...
Neeraj Bhatia
May 12, 20246 min read
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Nifty - Again ATH, what next? Volatility Persists till the Election Results; VIX @ 16.5 will disrupt the Uptrend.
On Friday, the last trading session of the previous week, showed the Index swinging wildly. We suggested in the previous week's technical...
Neeraj Bhatia
May 5, 20247 min read
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Nifty -Truncated Week; Concerns below 22200 Fibonacci 50% Level; 21900-22730 Levels-Wide Consolidation Expected
The Nifty 50 Index initially extended their technical pullback in the previous week and extended their up-move; however, at the same...
Neeraj Bhatia
Apr 28, 20245 min read
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Nifty -Bullish Reversal Pattern; Weekly Range 22000 to 22700; Volatility will rise till the Election Results
In the coming week, the market is expected to react to Wipro and HDFC Bank earnings that was announced over the last weekend. Overall,...
Neeraj Bhatia
Apr 21, 20248 min read
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Nifty-Geopolitical Tensions, Corporate Earnings, Election Week will increase VIX; Wide-Range Volatile week ahead
The Nifty reached a fresh lifetime high of 22775, but at the same time, it came off from those highs as well. The trading range also got...
Neeraj Bhatia
Apr 14, 20246 min read
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Nifty - Upward Bias still Intact, Profit bouts will continue on higher levels; Watchful for 22100-22600
In the previous technical journal, we suggested that the RBI event would be a non-event. The central bank left policy rates unchanged and...
Neeraj Bhatia
Apr 7, 20245 min read
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Nifty - Weak Below 21700; Bullish above 22530 Only; RBI policy could be a Non-Event;
As we suggested last week, in our technical journal, the Nifty will oscillate in a wide range, and mostly in the week's trading sessions,...
Neeraj Bhatia
Mar 31, 20246 min read
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Nifty - Use Every Technical bounce to book profit; Volatile Week Ahead; Wide Range 21610 to 22380
The previous week, the market rebounded to close higher in the week ended March 22 on the back of a smart recovery in the second half...
Neeraj Bhatia
Mar 24, 20248 min read
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Nifty - Corrective Pattern may Continue on every Rise; Cautious Support @21850; Resistance Level @22527
Due to derective issued by authorities to Mutal Funds and other institutions regarding midcap and small cap bubble situations spread the...
Neeraj Bhatia
Mar 17, 20247 min read
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Nifty - ATH again & the momentum continues; FPI turns buyers; Wide Range 22200 to 22800 Consolidation Likely
In the coming week, overall, the positive momentum is likely to be sustained, and hence, a buy-on-dip is advisable despite possible...
Neeraj Bhatia
Mar 10, 20247 min read
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Nifty - Now Ride the rally with strict stop loss; Caution: Resistance zone along with Consolidation zone ahead
As we have suggested the upward journey will continue, so it happened. The benchmark index Nifty 50 created a new all-time high again on...
Neeraj Bhatia
Mar 3, 20246 min read
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Nifty - Formed "Higher High, Higher Low" in the FEB series; What next? Will it continue?
After creating an all-time life high on the level of 22126.80, on 2nd Feb-2024, the first time the benchmark indices the Nifty 50 Index,...
Neeraj Bhatia
Feb 25, 20248 min read
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Nifty - Positive momentum is expected to continue along with Intermittent Consolidation and Correction
As suggested the previous week the Nifty 50 Index entered in a wide range consolidation range, and it happened because it oscillated a...
Neeraj Bhatia
Feb 18, 20247 min read
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