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

Caution !

Nifty Daily Chart 

Bearish Engulfing Pattern formed cautions an end to the recent upmove.

Bank Nifty Daily Chart 

Candles since 12th January showing lack of  Bullish confidence.

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Happy Trading !! 

Lakshmi Ramachandran

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