Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Saturday, September 18, 2021

Reigning The Nifty 20th September 2021


Weekly Chart 


Further targets are 18030-18750.Support at 17370-17254.

 Daily Chart 


Red channel has target of 17930 to 18150 for the week. 

Break below  the red channel will see a correction of the rise from 15500. Fibonacci levels as shown below.


 Hourly Chart 





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Happy Trading !! 


Lakshmi Ramachandran

Reigning The Bank Nifty 20th September 2021


Weekly Chart 



Bank Nifty broke out of the red channel making a new all time high of 38112.

Immediate upside targets rises to 39427-39635.




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Happy Trading !! 


Lakshmi Ramachandran

Sunday, September 12, 2021

Reigning The Nifty 13th September 2021


Weekly Chart


 Daily Chart 


 Hourly Chart 


Nifty continues to Trend Up. 
Trade above 17380,  represented by the red resistance line on hourly charts, will be positive for further targets 17436-17525 and further as mentioned on Weekly charts. 
Else will find support at 17300-17200-16981.



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Happy Trading !! 


Lakshmi Ramachandran

Reigning The Bank Nifty 13th September 2021


Weekly Chart


 Daily Chart 



Charts show an upward movement within the red channel. Long term and Medium term trend is very much up though a trifle matured.
Breakdown from this channel will set immediate short term trend down. Else the slow grinding pmove continues.



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Happy Trading !! 


Lakshmi Ramachandran

Saturday, September 4, 2021

Reigning The Nifty 6th September 2021


Weekly Chart


The week saw a bullish candle achieving targets mentioned since some time, opening up further targets of 17600-18750.Support for the week is at 17092.

 Daily Chart  


Daily shows resistance at 17444 so crossing it will be really bullish. Oscillators are in extreme overbought region.

Hourly Chart 




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Happy Trading !! 


Lakshmi Ramachandran