Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Saturday, October 24, 2020

Reigning The Nifty 26th October 2020


Weekly Chart 


 Daily Chart 


  Hourly Chart 



The very short term indicates a possible upward breakout  as shown on the Hourly Chart. Holding 11650 may see Nifty targeting 12400. 

However caution required due to negative divergences on Daily charts. Trade light for the time being.




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Happy Trading !! 

Lakshmi Ramachandran

Sunday, October 18, 2020

Reigning The Nifty 19th October 2020


Nifty Daily Chart 


Nifty Daily Chart 


Huge negative divergences indicate Nifty will correct sooner than later.




follow me on twitter http://twitter.com/#!/lucksr 


Happy Trading !! 

Lakshmi Ramachandran

Sunday, October 11, 2020

Bullishness could continue


Nifty Weekly Chart 


The target of 11831 shown last week was surpassed and the fall from 11794 tp 10790 


 Bank Nifty Weekly Chart 


Till the uptrending channel is broken down possibilities of the upmove continuing is more.



follow me on twitter http://twitter.com/#!/lucksr 

Happy Trading !! 

Lakshmi Ramachandran

Saturday, October 3, 2020

Bank Nifty Could Move Higher


Monthly Chart 


 Weekly Chart 


Daily Chart


hammer followed by a gap up on the last trading day which ended with a huge bullish candle should make the bulls optimistic for some more run up.

 

follow me on twitter http://twitter.com/#!/lucksr 

Happy Trading !! 

Lakshmi Ramachandran

Friday, October 2, 2020

Cautious till 11794 is Felled


Monthly Chart 


 Weekly Chart  


Daily Chart 


Hourly Chart



Nifty could continue the pullback. But till 11794 is crossed be cautious !


follow me on twitter http://twitter.com/#!/lucksr 

Happy Trading !! 


Lakshmi Ramachandran