ARK TECHNICAL RESEARCH

Corona Positive / Negative effect 120 days in India. >MARCH - JULY            Cases  : 100 > 1200000                     BSE SENSEX: 26000 > 38000             RELIANCE : 870 > 2070                 HDFC BANK : 770 > 1130          INFOSYS : 530 > 900             GOLD : 40000  > 50000               SILVER : 40000 > 60000  CRUDE : 20 > 45     DOLLAR : 75 > 75 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ INDIA VIX >>>> This is 6 consecutive week where index has trading with lower high lower low and it has happened after the it has made tested 35 level. Ev...

SHARE MARKET UPSIDE > SENSEX VS NIFTY ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ INDIA VIX>>> Compared to last week index has opened negative with same low   and made a high of 27.2650 and ended positively at 23.9925 , index has traded in our mentioned range of previous week. This week we have seen pressure from upside after made a high of 27.2650 we have seen selling pressure in index but at the end it has manage to close positively. Index is trading with lower top lower bottom formation index has facing stiff resistance of 50 wma near 24.50-25 levels, for coming week any trend line breakdown, we could see index all the way up to 20-18 levels. The momentum indicator also is slopping downwards, We are not seeing any positive divergence in RSI indicator which is suggesting downside could be continuing.   INDIA VIX WEEKLY NIFTY 50...

FEARS IN MARKET ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ INDIA VIX>>>> As we had mentioned in our previous report Index has trading in a range of 27-24. This week index has made a high of 27.65 but it has failed to sustain this level again we have seen downfall. Index has made a Doji pattern ,and it has given close near support level 50 wma, in coming period there is possibilities of upside move. If index failed to reverse and continuing downtrend then if any breakdown below 24 we could also see index all the way up to   20 level. The momentum indicator also is in selling zone. INDIA VIX WEEKLY NIFTY 50 >>>> Current week Index has opened gap up at 10718 and made a high of 10847.Compared to last week Index has ended positively with higher top higher bottom formation. We have seen index has lead by Reliance ,TCS,HDFC BANK,INF...

NIFTY & BANKNIFTY RANGE ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ INDIA VIX >>>> After breakdown of its important level of 27 we have seen index has made low of 25.6275 and it has failed to cross again 27 level. Which is suggesting us index is in downtrend and it could be trading in downtrend in coming period.   Since index has trading with lower top lower bottom formation last 3 weeks. The level of 30 and 35 is major resistance levels of index. The momentum indicator also is in selling zone. In coming period we could be seeing index all the way up to 23-20 level. INDIA VIX WEEKLY NIFTY 50 >>>> As we had mentioned in our last week index has facing resistance at 10560 but this week it has given breakout and also manage to sustain above 10600. Week on week index has trading with higher top higher bottom formation. Nifty i...