Hey Traders,
Thinking of taking a short ride on the Nifty 50? Here's why I'm feeling bearish about it. So, there's this Bearish Orderblock (OB) lurking around 0.30% above the current price, hinting at a market reversal. But wait, there's more! The Bearish Fair Value Gap (FVG) is also signaling some downward action, possibly even before we hit that OB.
Now, let's...
The Nifty 50 Index (NIFTY) gave us an excellent bottom buy opportunity on November 03 2023 (see chart below) easily hitting our 21000 target and transitioning into a longer term Channel Up:
Right now the index is coming off the strongest 1W red week since October 23 2023, the first pull-back after a series of 4 straight green weeks. This week will complete a...
The Nifty 50 Index (NIFTY) gave us an excellent bottom buy opportunity last time we looked into it (November 03) and hit on Thursday our 21000 target (see chart below):
We've been receiving a lot of messages on what's next for this index. Well if we turn the Channel Up into the logarithmic scale, we can see that the price is almost on its Top (Higher Highs...
