NIFTY weekly technical analysis for coming week. Nifty so far is able to De couple itself from USA market which is in downtrend for quite some time. But on Friday Nifty also showed some weakness and closed in red. Still Nifty is in bullish trend and it is Buy on dips market till it closes […]
Is Nifty heading towards 11000 this week is a Big question. Nifty is in a strong uptrend for a time being and looking at its weekly as well as daily chart it seems it is still in Bull trend.
Nifty technical analysis for the coming week from 26 to 30/11/18. Nifty has given a strong pull back from 10000 levels but it has got resistance around its 200 DMA and From there it is seen a little profit booking by the bulls.
Indian Stock market has seen a very steep fall in last two trading session and many stocks are falling like nine pins. But this was not sudden on technical charts of these stocks. I have already point out in my last few posts and showed how strong stocks like Maruti , Reliance capital are becoming […]
Reliance capital has come to a very crucial level of 330 on weekly chart. It is now at make or break levels. Almost similar situation arise on Maruti Chart last week Which I have already shared on my facebook , twitter page as well as on my tradingview account (@tnitrader) . People who have missed […]
Nifty has reached a very important resistance level as you can see in the chart. In my earlier post I mentioned Nifty 11450 is very important level and if Nifty is able to close for atleast 2 weeks above this level then we can see a very massive Bull rally in coming months. Nifty did […]
This week Nifty analysis is very important because Nifty has cross its previous 52 week high and is standing at very important technical levels. On Nifty weekly technical chart it is looking very strong but at the same time it is in the over bought zone. So one should be cautious with its long trade […]
Nifty for the last two week is stuck in a range 10600-10850. This week on a closing basis it is near its upper range . Nifty has a very stiff resistance in the zone of 10850 to 10940. On upside it needs to cross this zone to see a good rally which might take it […]
NIFTY on weekly chart has reached a very important level of 10700. It technical indicators like CCI and StocRSI is very positive on weekly chart but TSI still needs a positive crossover .
NIFTY in medium term is still not out of the bear grip even after these last two week of uptrend. This Nifty pull back is due to its very over sold position . Nifty needs to break 10600 levels to start a fresh upmove in medium term. But it has strong resistance around 10500 levels […]
Stock Market Forecast 2017
Stock Market forecast 2017. Market forecast for the year 2017 is shown here which is based on time cycle theory and pattern theory. Two scenario are present here and market will most properly will follow one of them.Which scenario stock market is following will be cleared in next 2 months. But there are few major turning points for the stock market in the year which are common in both the scenario. They are discussed below the chart
Stock market forecast 2017 scenario 1
Stock market forecast 2017 scenario 2
Stock market forecast 2017 two scenario are present here and we expect market to follow one of them. Which one stock market will follow will be clear in two months. But few important turning points in the stock market are common in both the forecast.
Important tuning points in Stock Market 2017 are as follows:
- Stock market might see a dip in 3rd week of January 2017 which might last till 1st week of February 2017.
- From mid February to mid March there could be some rise in the stock market
- Stock market with ups and downs will keep moving upwards till mid September.
- BUT be very cautious from mid August to October 2017 because there could be a very sharp correction and market might enter in bear phase.
Stock Market Forecast 2016