Weekly Chart
Daily Chart
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Happy Trading !!
Lakshmi Ramachandran
Sunday, January 30, 2022
Reigning The Bank Nifty 31st January 2022
Weekly Chart
Daily Chart
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Happy Trading !!
Lakshmi Ramachandran
Monday, January 24, 2022
Reigning The Nifty 24th January 2022
Weekly Chart
Daily Chart
Hourly Chart
Correction of upmove from 16410 may continue.
Next support at 17380-17151.
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Happy Trading !!
Lakshmi Ramachandran
Reigning The Bank Nifty 24th January 2022
Weekly Chart
Daily Chart
Hourly Chart
Correction of recent upmove from 34018 to conitnue.
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Happy Trading !!
Lakshmi Ramachandran
Tuesday, January 18, 2022
Caution !
Nifty Daily Chart
Bank Nifty Daily Chart
Candles since 12th January showing lack of Bullish confidence.
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Happy Trading !!
Lakshmi Ramachandran
Sunday, January 16, 2022
Reigning The Nifty 17th January 2022
Weekly Chart
Daily Chart
Hourly Chart
Nifty seems to be on track to achieve the 18500 target and if momentum picks up further targets marked on charts my be hit.
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Happy Trading !!
Lakshmi Ramachandran
Reigning The Bank Nifty 17th January 2022
Weekly Chart
Daily Chart
Hourly Chart
The upmove from 34233 is in correction and if the neckline of the head and shoulder pattern breaks the bank Nifty could move to around 37000.
Move above the head 38851 will see the upmove resuming.
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Happy Trading !!
Lakshmi Ramachandran
Sunday, January 9, 2022
Reigning The Nifty 10th January 2021
Weekly Chart
Daily Chart
Hourly Chart
Nifty to continue up move
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Happy Trading !!
Lakshmi Ramachandran
Reigning The Bank Nifty 10th January 2021
Weekly Chart
Daily Chart
Bank Nifty will move higher if 34345-34000 is held
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Happy Trading !!
Lakshmi Ramachandran
Monday, January 3, 2022
Reigning The Nifty and Bank Nifty 4th January 2022
Bank Nifty Daily Chart
Breakout from falling channel. Target is 38585 with resistance from previous high at 37581.
Nifty Daily Chart
Breakout from falling trendline. Previous high taken out intraday but need a close above it for confirmation of bull strength.
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Happy Trading !!
Lakshmi Ramachandran
Sunday, January 2, 2022
Reigning The Nifty 3rd January 2022
Monthly Chart
Weekly Chart
Daily Chart
Hourly Chart
Monthly charts are bearish.
Weekly and Daily charts show a pullback may be in the offing.
Half hourly charts show a Diamond pattern formation. A diamond bottom is a bullish, trend reversal chart pattern. A diamond bottom has to be preceded by a bearish trend.
Sell on rise continues. Break above 17639 will see a good pullback.
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Happy Trading !!
Lakshmi Ramachandran
Reigning The Bank Nifty 3rd January 2022
Monthly Chart
Weekly Chart
Daily Chart
Hourly Chart
Could expect a range bound action between 34000 and 36000.Sell on rise continues till stronger evidence of a turnaround is seen.
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Happy Trading !!
Lakshmi Ramachandran
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