Nifty P&F (Wk 0501-0901) - If 8000 held, likely to test 9000 before bending!

Recap:

Price did not go till 7500, it reversed from 7700 only.

Weekly Analysis:

Daily Analysis:

Summary:

I was expecting a reasonable correction on reaching VPO, however recent consolidation HPO indicates a potential of reaching 9000 before buckling down. Provided it does not  break the BlSL at 8000.

Nifty P&F (Wk 1309-1709) - Correction in all likelihood is on till 7510!

Review:

A reversal has triggered 400+ points, is it over let's see!

Weekly Analysis:

Daily Analysis:

Summary:

BlSL giving support at current price if breaks a chance to visit 7510. Looking at the weekly chart, in all likelihood the correction is not over. Some red 'O's are to be printed before it starts the upmove again.

Nifty P&F (Wk 0809-1209) - 8250 is there, a pause or reversal, weekly VPO target 11200!

Review:

In May it was set for 8250, it has reached there. Very effective long-term investment technique.

Weekly Analysis:

Daily Analysis:

Summary:

VPO reaching near 8250, likely to pause near short-term. Till the VPO of weekly chart set for another 17 pts (on Logarithmic scale of 0.02) it would mean 11200! God knows when!

Nifty P&F (Wk 2605-3005) - VPO on weekly chart set at 8250, short-term resistance at 7450!

Weekly Analysis:

Daily Analysis:

 

Summary:

VPO on weekly chart 8250. Daily chart getting resistance at BrRL @ 7450, breaking it up will resume the movement.

Nifty P&F (Wk 3103-0403) - Price has reached VPO of weekly chart, fresh longs to be avoided

Weekly Analysis:

Daily Analysis:

Summary:

Weekly pattern : DT BO
Daily pattern : Multiple DT BO.
HPO (D) : -
VPO (D) : -
BlSL (D) : 6500
BrRL (D) : -
BlSL (W) : 5935
Sorry have been away from market actively for quite some time due to some emergency. Have a long backlog. Looking for hourly data of Nifty spot for the month of March, if anybody has it please share it.

Nifty P&F (Wk 2402-2802) - Selling pressure till 6225, however bullishness expected above 6300

Recap:

Got sold at 6135 once, got bought also at 5980. However, it broke out of the triangle on long-side.

Weekly Analysis:

Daily Analysis:

Summary:
Weekly pattern : Likely high-pole reversal.
Daily pattern : DT BO.
HPO (D) : -
VPO (D) : 6225
BlSL (D) : 6010
BrRL (D) : 6225
BrRL (W) : 6290

Overall the selling pressure is visible in both Daily & Weekly charts. A confluence around 6225 indicates some action around it. Wait for the direction there.

Nifty P&F (Wk 1002-1402) - trading opportunity between 6135 - 5980

Recap:

Break of 6255 followed another 275 points fall.

Weekly Analysis:

Daily Analysis:

Summary:

Weekly pattern : Likely high-pole reversal.
Daily pattern : High pole reversal.
HPO (D) : -
VPO (D) : -
BlSL (D) : 5950
BrRL (D) : 6135
BrRL (W) : 6290

Two opposing high-pole reversal in two time-frames indicate a range-bound movement for some time till the contracting triangle (under formation) in daily chart gets resolved.

Nifty P&F (Wk 2701-3101) - Failure of 6255 may activate the bearish nature in short term.

Recap:

6355 acted twice as resistance.

Weekly Analysis:

Daily Analysis:

Summary:

Weekly pattern : Spread Top BO.
Daily pattern : DT (Double Top) BOF (Break Out Failure).
HPO (D) : -
VPO (D) : 6450
BlSL (D) : 6256, 6041
BrRL (D) : 6351

If it breaks the the BlSL(D), it's going to get bearish. However, if gets supported, may continue the upmove.

Nifty P&F (Wk 0601-1001) - Immediate term bearish till 6355. Fall may continue till 6100 or 5920.

Recap:

A one-box fake-out by 3 points. Expected 6355 but went till 6358.

Weekly Analysis:

Daily Analysis:

Summary:

Weekly pattern : Spread Top BO.
Daily pattern : High Pole Reversal.
HPO (D) : -
VPO (D) : 5862
BlSL (D) : 6100, 5920
BrRL (D) : 6288-6320