During the last monthly expiry, Finance Nifty witnessed a move of 2%. Tomorrow, the Mercury Retrograde impact, as discussed in the video below, is expected to bring heightened volatility. Currently, Finance Nifty is trading near its Octave Point of 24,161, a very crucial level to watch tomorrow. Above 24,161: A rally toward 24,389-24,421 is likely.… Read More »
Finance Nifty formed an Outside Bar candle today, with the price still trading within the range of the large candle from November 5. Strong consolidation is ongoing in Finance Nifty, as the price has once again bounced from the 1×1 Gann angle. Today, we have inflation data expected to be on the higher side, around… Read More »
Finance Nifty has closed above 23,824 (Jupiter Declination High) but failed to close above 23,921 (Gann Annual TC level). Finance Nifty has formed an NR7 pattern today and we can see an explosive expiry once price starts trading above 23921 for 15 mins. Above 24000 we can see a big spike towards 24131/24231. Finance… Read More »
Finance Nifty has closed above 23,824 (Jupiter Declination High) and 23,921 (Gann Annual TC level). Today, HDFC Bank saved Finance Nifty from a deeper cut, despite Kotak and other banks declining. Tomorrow, we have the Sun’s ingress into Scorpio, which falls under a water sign and typically signals bearishness. PSU Banks should be kept on… Read More »
Finance Nifty has closed above 23,824 (Jupiter Declination High) and 23,802 (Gann Annual TC level). Inflation data came in significantly higher than expected, and HDFC Bank is showing signs of a good reversal. Tomorrow is likely to bring a tough battle between the bulls and bears. The bulls will aim to push above 23,900, while… Read More »
Finance Nifty made a top on 26th September at 25,201 and has since dipped to 24,459, a correction of 742 points in just two trading sessions. We discussed the possibility of this move as per Bayer’s Rule, which was covered in the video below. Yesterday, we saw a Sun conjunct Mercury aspect, and tomorrow we… Read More »
Finance Nifty continued its rally to the upside, rising for the 8th day in a row, and we have the monthly expiry tomorrow. Last month’s expiry was at 23,578, and today we are trading at 24,953 — a rally of 1,375 points in a single expiry. Price is also approaching important Gann angle resistance in… Read More »
Finance Nifty continued its rally to the upside, making a fresh all-time high by breaking the high formed on July 4, 2024. It formed an NR7 pattern ahead of the US Fed rate cut decision and one of the most important astrological events of the year, the Lunar Eclipse. Finance Nifty will confirm a double… Read More »
Finance Nifty continued its rally on the upside, but its underperformance compared to Nifty persisted, as Nifty has hit a fresh all-time high while Finance Nifty is still trading below its all-time high of 24,046, formed on July 4, 2024. We have two important astrological events: Venus Opposition North Node and a New Moon. The… Read More »
Finance Nifty broke out of the NR21 pattern, and the price continued to move higher. The last monthly expiry was at 23,049, and we are now trading almost 300 points above that level, even after the decline observed on August 5th. Bulls have the upper hand as long as 23,250 is held, with potential targets… Read More »