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Showing posts from April, 2020

WEEKLY INDEX ANALYSIS (25 APRIL 2020)

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WEEKLY REPORT INDIA VIX : AS PER WEEKLY CHART , WE SAW   INDEX HAS ALMOST CORRECTED 61.8% FROM THE TOP AND CURRENTLY   TRADING AT SUPPORT   LEVEL OF 39. THE ADX INDICATOR IS TRADING STRONGLY , ANY BREAKDOWN BELOW 39 LEVEL WE WILL   BE SEEING INDEX ALL THE WAY UP TO 35-30 LEVEL. RSI ALSO SLOPPING DOWN SIDE AND TRADING BELOW 60 LEVEL WHICH IS SUGGESTING US INDEX IS STILL   AT CRITICAL   LEVEL AND DOWNSIDE   IS STILL DUE. INDIA VIX WEEKLY NIFTY 50 SPOT : AFTER  BOTTOM OUT AT 7511 WE SAW POSITIVE REVERSAL AND  MADE  A HIGH OF 9385. LAST WEEK WE SAW INDEX MADE A HIGH OF 9385  BUT NOT SUSTAIN THIS HIGH AND  ENDED NEGATIVELY AS COMPARED TO PREVIOUS WEEK. CURRENTLY INDEX HAS TRADING AT SUPPORTIVE UPTREND CHANNEL  AND HAVING NEXT SUPPORT AT 8900.INDEX  IS STILL STRUGGLING FOR UPSIDE MOVE.IN COMING WEEK  INDEX WILL BE IN SIDEWAYS MOVE. THE MOMENTUM INDICATOR ALSO TRADING WEAK, WHICH ...

WTI CRUDE OIL AT 20 YEARS LOW (20 APRIL 2020)

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WTI CRUDE OIL  AT 20 YEARS LOW (20 APRIL 2020) MONTHLY ANALYSIS AS WE ARE SEEING CRUDE HAS BEEN TRADING   DOWN SINCE LAST 4 MONTHS AND WE SAW IT HAS REACHED 20 YEARS LOW AT 17.30$ . AFTER TOUCHED THE LEVEL OF 17.30$ WE SAW LIMITED UPSIDE TILL 29.50$. BUT IT HAS AGAIN   DROOPING DOWN AND CURRENTLY TRADING AT   OF 22.60$. MOMENTUM INDICATOR ALSO TRADING   WITH NEGATIVE DIVERGENCE , WHICH IS SUGGESTING US THIS RISE IS LIMITED . THE INDEX HAS TRADING WITH LOWER TOP LOWER BOTTOM FORMATION, THE LEVEL OF 17.30$ WILL PLAYS AN IMPORTANT ROLE IN COMING PERIOD ANY BREAKDOWN BELOW THIS LEVEL WE WILL BE SEEING INDEX ALL THE WAY UP TO 14$-12$-10$ RESPECTIVELY . CRUDE OIL MONTHLY CRUDE OIL MONTHLY HISTORICAL DATA WEEKLY ANALYSIS ON WEEKLY CHART ALSO INDEX IS TRADING WITH LOWER TOP LOWER BOTTOM FORMATION. AFTER WE SAW CHANNEL BREAKDOWN AT 43$ LEVEL  HUGE SELL OFF HAPPENED INDEX.AND CURRENTLY INDEX TRADING AT I...

WEEKLY MARKET OUTLOOK (18 APRIL 2020)

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WEEKLY REPORT 18 APRIL 2020 INDIA VIX  :  ON WEEKLY CHART, WE ARE SEEING WEEK ON WEEK INDEX HAS GIVING NEGATIVE CLOSES , BUT CURRENT WEEK INDEX HAS TAKING SUPPORT AT 40 LEVELS.WHICH IS SUGGESTING US MARKET HAS LIMITED UPSIDE . THE LEVEL OF 40 PLAYS AN IMPORTANT ROLE FOR NEXT MOVE. INDIA VIX WEEKLY NIFTY 50 SPOT: INDEX HAS RECOVERED ALMOST 40% FROM THE BOTTOM, ITS LOOKS LIKE INDEX HAS COVERED LOT OF SPACE IN LAST 2  WEEKS. ON WEEKLY CHART INDEX IS HEADING TOWARDS 9500 LEVEL.THE CHART STRUCTURE IS SUGGESTING US INDEX STRUCTURE IS STILL  NOT GOOD. THE MOMENTUM INDICATOR NOT SUPPORTING TO INDEX.  RSI IS BELOW 40 ON WEEKLY CHART. WEEK ON WEEK INDEX HAS GIVEN A HIGHER CLOSES .IN COMING PERIOD WE ARE SEEING LIMITED UPSIDE  INDEX HAS RESISTANCE AT 9500/10000 LEVELS RESPECTIVELY. NIFTY 50 SPOT WEEKLY NIFTY BANK SPOT: WEEK ON WEEK INDEX HAS TRADED IN HIGHER TOP HIGHER BOTTOM   FORMATION AND   VO...

DEAD CAT BOUNCE????

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IT WAS DEAD CAT BOUNCE ???? ( 13 APRIL 2020) NIFTY 50 SPOT (60 MIN) NIFTY 50 SPOT NIFTY BANK SPOT (60 MIN) NIFTY BANK SPOT NIFTY MIDCAP 100 (60 MIN) NIFTY MIDCAP 100 NIFTY SMALL CAP 100 NIFTY SMALLCAP 100

INVEST AT RIGHT TIME ( 11 APRIL 2020)

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WEEKLY REPORT (11 APRIL 2020) INDIA VIX: LAST WEEK WE SAW INDEX HAS MADE DOJI CANDLE BUT GIVEN NEGATIVE CLOSE WHICH SUGGESTING US MARKET WILL  BE RALLYING UPSIDE LEVELS . CURRENTLY INDEX TOOK SUPPORTS OF 48 LEVEL,   WHICH PLAYS IMPORTANT ROLE FOR NEXT WEEK. ANY BREAKDOWN BELOW THIS LEVEL WE WILL BE SEEING 40-38 LEVEL. INDIA VIX WEEKLY CHART NIFTY 50 SPOT: AS WE MENTIONED IN OUR PREVIOUS  REPORT INDEX HAS NOT BREAK LOW AND NOT BREAK HIGH TOO OF PREVIOUS WEEK AND CURRENT WEEK WE SAW HUGE UPSURGE IN INDEX AND INDEX HAS GIVEN BREAK OUT  OF  LAST TWO WEEKS HIGH AND ENDED AT 9111.90. THE CURRENT CHART STRUCTURE SUGGESTING US INDEX HAS HEADING TOWARDS 9400 LEVELS. ANY BREAKDOWN ABOVE THIS LEVEL, WE WILL BE SEEING INDEX ALL THE WAY UP TO 9800-10000. THE MOMENTUM INDICATOR ALSO GIVEN POSITIVE DIVERGENCE. NIFTY 50  SPOT WEEKLY CHART NIFTY BANK : AS WE MENTIONED  IN OUR PREVIOUS WEEKLY REPORT , INDEX HAS TARGET...

BUILD YOUR NET WORTH (08 APRIL 2020)

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STAY HOME STAY HEALTHY NIFTY 50 ( 60 MIN ) NIFTY 50 ( 60 MIN CHART) NIFTY BANK (60 MIN ) NIFTY MID-CAP 100 ( 60 MIN CHART) NIFTY SMALL CAP 100 ( 60 MIN CHART)

MARKET FEARS COMING TO END (07 APRIL 2020)

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MARKET FEARS COMING TO END (07 APRIL 2020) NIFTY 50 ( 60 MIN CHART) NIFTY 50 SPOT (60 MIN) AS ON 07 APRIL 2020 NIFTY BANK 60 MIN CHART: NIFTY BANK SPOT (60 MIN) AS ON 07 APRIL 2020 NIFTY MIDCAP 100 ( 60 MIN CHART) NIFTY MIDCAP 100  (60 MIN) AS ON 07 APRIL 2020 NIFTY SMALLCAP 100 ( 60 MIN CHART) NIFTY SMALLCAP 100 (60 MIN) AS ON 07 APRIL 2020

WEEKLY MARKET SCENARIO 04 APRIL 2020

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WEEKLY REPORT (04 APRIL 2020) INDIA VIX:   AS PER WEEKLY CHART STRUCTURE INDIA VIX CHART MADE EVENING START PATTERN WHICH IS SUGGESTING US MARKET HAS TRADING IN OVERSOLD ZONE. INDEX WILL BE TRADE IN DOWNSIDE IN COMING PERIOD. AS COMPARED TO LAST WEEK WE SAW HUGE SELL OFF IN INDIA VIX. WE SAW INDIA VIX RETRACED MORE THAN 38% FROM ITS TOP ON WEEKLY CHART. IN COMING WE WILL BE SEEING MORE DOWNSIDE IN INDEX ALL THE WAY UP TO 48 -39. INDIA VIX WEEKLY CHART NIFTY 50 WEEKLY CHART: AFTER THE CHANNEL BREAKDOWN AT 10560 LEVELS WE HAD SAW HUGE SELL OFF IN INDEX ALL THE WAY UP TO 7500.WE SAW ALMOST 3000 POINT DOWNSIDE RALLY IN INDEX AFTER CHANNEL BREAKDOWN. AS COMPARED TO LAST WEEK INDEX HAS GIVEN A NEGATIVE CLOSE BUT NOT BROKE ITS PREVIOUS LOW THE MOMENTUM INDICATOR ALSO TRADING IN OVERSOLD ZONE. IN COMING PERIOD WE WILL BE SEEING REVERSAL IN INDEX FOR TARGET OF 8600-9000. NIFTY 50 WEEKLY CHART NIFTY BANK WEEKLY CHART: AS COMPARED TO NIF...