तकनीकी विश्लेषण में निफ्टी, 22 जुलाई 2023: नील भाई के अनुसार तेजी का रुख जुलाई के अंत तक जारी रहेगा | Nifty in technical analysis, July 22, 2023: According to Neil Bhai, the bullish trend will continue till the end of July

Nifty Weekly Forecast: Above 16900 Target 17400—17800 [Buy on Dips]

Nifty Weekly Forecast: Unlike the earlier week, this one was a lot more ranged. But as the index managed to tick a bit higher, people didn’t really mind that it ranged. So long as the overall bias was maintained to the upside, most people are happy. When people are happy, the breadth widens and participation increases.

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Nifty Weekly Forecast: Very Soon Hitting Resistance Zones

There shall be no disagreement about how the market performed last week. It has been a long time since we saw a whole week of advances. Look at the layout on the intraday chart of the move in the first chart. A straight rise with big gaps in favour of bulls. Those helping hands were from overseas events of course. But who is complaining? Not me, for sure!

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Nifty Future Weekly Technical Forecast [16-07-2022]

The week ended was a disappointment after the strong showing of the earlier week. We finished that one well but could not see any follow-through price action in this one. You can attribute it entirely to the goings-on in the United States market. Suddenly, it seems that everyone has made U.S. inflation our problem. Reminds me of a line I read recently, ‘the Dollar may be ours but the problem is yours’ said someone out of the US, and no truer word was spoken! The Dollar Index charged up to 20-year highs, decimating many a global currency in its wake, one of which was our very own Rupee.

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Buy Nifty Above 15500, Target Price 16000—16200 [Buy on Dips]

Buy Nifty Above 15500, Target Price 16000—16200 [Buy on Dips]

Nifty Future Forecast: This line from last week’s column is important to note right at the outset. “…while there is evidence of some lows being made, the pace of advance may be quite slow and may even suffer repeated retests of the low. So, we should expect a choppy market that attempts to create higher bottoms ahead as it builds up for a bigger move.

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Nifty, Sensex continue to fall for sixth consecutive day, broader markets fall

Nifty Weekly Technical Forecast By Neal Bhai [23-05-2022]

Nifty Weekly Technical Forecas: Traders continue getting tossed around by the market. We started weak, rallied up, then gave it all back, only to rally back again by the end of the week. So, the saga of volatility continues. Intra-week trading remained very difficult as gaps and lack of a follow-through kept taking a toll on whatever positions were created. The VIX moved sharply as uncertainty deepened and nervousness increased. Everyone is searching for a bottom that is proving to be elusive so far. The week in pictures was thus.

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