Author Topic: My Nifty View - Prakash Gaba  (Read 88089 times)

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Offline prakash

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Re: My Nifty View - Prakash Gaba
« Reply #915 on: January 24, 2018, 06:25:46 PM »
Nifty View for 25th January 2018

Nifty (11086) we said ‘technically now the next logical target is 11139-11169-11244 as long as 11000 holds’ THE Nifty saw a breather after a fast run of the last few days and has closed flat for the day…technically the bar generated is an indecessive bar and I expect a large range day unfolding either up or down and I would still maintain that our target of 11139-11169 still stands valid as long as 11000 holds…however crucial support to watch for the next trading session is 11040

The crucial support for the Nifty is at 11040-11000 and the resistance is at 11139-11169-11244
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Prakash Gaba

Offline prakash

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Re: My Nifty View - Prakash Gaba
« Reply #916 on: January 25, 2018, 08:25:45 PM »
Nifty View for 29th January 2018

Nifty (11070) we said ‘technically the bar generated is an indecessive bar and I expect a large range day unfolding either up or down and I would still maintain that our target of 11139-11169 still stands valid as long as 11000 holds…however crucial support to watch for the next trading session is 11040’ the Nifty opened higher and traded down taking care to take support near our 11000 mark and closed flat for the day…technically the trend is still intact but stretched and some unstretching is not ruled out…logical technical target still remains at 11139-11169-11244 as longa s 11000 holds….

The crucial support for the Nifty is at 11040-11000 and the resistance is at 11139-11169-11244
« Last Edit: January 25, 2018, 08:27:42 PM by prakash »
Regards
Prakash Gaba

Offline prakash

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Re: My Nifty View - Prakash Gaba
« Reply #917 on: January 30, 2018, 07:46:34 PM »
Nifty view for 31st January 2018

Nifty (11050) we said ‘technically we must assume that Nifty is still up as long as 11000 holds and if it continues up then I would say that 11244 is a tough nut to crack in the next two days… I would be cautious in trading long’ the Nifty unfolded as expected and traded weak and closed in the red…technically 11000 still is a crucial support to work with and a breach will signal some fall but there is still  some significant resistance in the upper regions and so a volatile trading session ahead of the budget is not ruled out…

The crucial support for the Nifty is at 11000 and the resistance is at 11244
Regards
Prakash Gaba

Offline prakash

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Re: My Nifty View - Prakash Gaba
« Reply #918 on: January 31, 2018, 09:32:52 PM »
Nifty View for 1st February 2018

Nifty (11028) we said ‘technically 11000 still is a crucial support to work with and a breach will signal some fall but there is still  some significant resistance in the upper regions and so a volatile trading session ahead of the budget is not ruled out’  the Nifty unfolded as expected and traded volatile for the day and closing in the red…technically Nifty looks tired and so a correction  is not ruled out…

The crucial support for the Nifty is at 11000-10900 and the resistance is at 11169-11244
« Last Edit: January 31, 2018, 09:34:23 PM by prakash »
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Prakash Gaba

Offline prakash

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Re: My Nifty View - Prakash Gaba
« Reply #919 on: February 01, 2018, 08:42:40 PM »
Nifty View for 2nd February 2018

Nifty (11017) we said ‘technically Nifty looks tired and so a correction  is not ruled out’ The Nifty unfolded as expected traded volatile during the budget session and closed mildly in the red….technically I maintain that there is some selling pressure in the upper regions and so some sluggishness is not ruled out..

The crucial support for the Nifty is at 10900-10800 and the resistance is at 11120-s11169-11244
Regards
Prakash Gaba

Offline prakash

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Re: My Nifty View - Prakash Gaba
« Reply #920 on: February 04, 2018, 06:59:21 PM »
Nifty View for 5th February 2018

Nifty (10761) we said ‘technically I maintain that there is some selling pressure in the upper regions and so some sluggishness is not ruled out’ the Nifty unfolded sluggish and closed deeply in the red…technically the next logical technical target is 10507 and there exists a stiff resistance at 11000 and so all rallies are shorting opportunities… 

The crucial support for the Nifty is at 10507 and the resistance is at 11000
Regards
Prakash Gaba

Offline prakash

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Re: My Nifty View - Prakash Gaba
« Reply #921 on: February 05, 2018, 07:29:12 PM »
Nifty View  for 6th February 2018

Nifty (10667) we said ‘technically the next logical technical target is 10507 and there exists a stiff resistance at 11000 and so all rallies are shorting opportunities’ the Nifty unfolded weak as expected and tried clied up but closed in the red…technically there is a good chance that nifty may open in the green and if it sells off then 10507 is a possibility but some more upside to around 10760 is also not ruled out…

The crucial support for the Nifty is at 10507 and the resistance is at 10760-11000
Regards
Prakash Gaba

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Re: My Nifty View - Prakash Gaba
« Reply #922 on: February 06, 2018, 09:16:45 PM »
Nifty view for 7th February 2018

Nifty (10498) we said ‘technically there is a good chance that nifty may open in the green and if it sells off then 10507 is a possibility but some more upside to around 10760 is also not ruled out’ the nifty opened deeply in the red at 10295 and closed in the green making an attempt to touch the low of the previous day and  to close in the red…technically the Nifty is still weak and downside to 10097 is not ruled out where there is a good chance that nifty may see bounce in the lower regions or the later part of the trading session… 

The crucial support for the Nifty is at 10097 and the resistance is at 10618-10724
Regards
Prakash Gaba

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Re: My Nifty View - Prakash Gaba
« Reply #923 on: February 07, 2018, 09:20:32 PM »
Nifty view for 8th February 2018

Nifty (10477) we said ‘technically the Nifty is still weak and downside to 10097 is not ruled out where there is a good chance that nifty may see bounce in the lower regions or the later part of the trading session’ The Nifty opened right on our resistance of 10618 like a dot and traded down to close in the negative…technically now looks like some more downside and a level of 10097 is still in sight and stiff resistance at 10618 & 10724 

The crucial support for the Nifty is at 10097 and the resistance is at 10618-10724
Regards
Prakash Gaba

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Re: My Nifty View - Prakash Gaba
« Reply #924 on: February 08, 2018, 08:27:41 PM »
Nifty view for 9th February 2018

Nifty (10577) we said ‘technically now looks like some more downside and a level of 10097 is still in sight and stiff resistance at 10618 & 10724’ the Nifty opened in the green and traded sideways to close moderately in the green…technically the upmove from the lows of 10276 to the high of 10638 still looks reactive in nature and so the aour target of 10097 is still in sight and stiff  resistance at 10618 & 10724 still exists…    

The crucial support for the Nifty is at 10097 and the resistance is at 10618-10724
Regards
Prakash Gaba

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Re: My Nifty View - Prakash Gaba
« Reply #925 on: February 11, 2018, 05:26:17 PM »
Nifty view for 12th February 2018

Nifty (10455) we said ‘technically the upmove from the lows of 10276 to the high of 10638 still looks reactive in nature and so the our target of 10097 is still in sight and stiff  resistance at 10618 & 10724 still exists’ the nifty unfoldecweak as expected and has closed in the red….technically the Nifty is poised in such a way that a shprt covering is not ruled out and is in a no mans land…    

The crucial support for the Nifty is at 10097 and the resistance is at 10507-10618
Regards
Prakash Gaba

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Re: My Nifty View - Prakash Gaba
« Reply #926 on: February 13, 2018, 09:19:15 PM »
Nifty View for 14th February 2018

Nifty (10540) we said ‘technically the Nifty is poised in such a way that a short covering is not ruled out and is in a no mans land’ the Nifty unfolded as expected and has closed in the green’ technicaly some moew short covering in the lower regions is not ruled out…

The crucial support for the Nifty is at 10400-10097 and the resistance is at 10618
Regards
Prakash Gaba

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Re: My Nifty View - Prakash Gaba
« Reply #927 on: February 14, 2018, 07:53:51 PM »
Nifty View for 15th February 2018

Nifty (10501) we said ‘technicaly some more short covering in the lower regions is not ruled out’ the Nifty opened with a gap and sold off and  closed in the red…technically Nifty still looks weak and can slide to around 10400 zones..stiff resistance exists at 10618… 10097 zones

The crucial support for the Nifty is at 10400-10097 and the resistance is at 10618
Regards
Prakash Gaba

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Re: My Nifty View - Prakash Gaba
« Reply #928 on: February 15, 2018, 08:11:38 PM »
Nifty View for 16th February 2018

Nifty (10546) we said ‘technically Nifty still looks weak and can slide to around 10400 zones..stiff resistance exists at 10618 and support at 10097 zones’ the Nifty unfolded as expected and saw the resistance at our resistance like a dot and has closed flat for the day…technically the Nifty looks weak but the incators are suggestive that there could be an upside but the Nifty is week…

The crucial support for the Nifty is at 10450-10097 and the resistance is at 10618-10724
Regards
Prakash Gaba

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Re: My Nifty View - Prakash Gaba
« Reply #929 on: February 17, 2018, 08:06:25 AM »
Nifty View for 19th February 2018

Nifty (10452) we said ‘technically the Nifty looks weak but the incators are suggestive that there could be an upside but the Nifty is week’ the Nifty unfolded as expected by opening in the green and selling off to close in the red right on our support of 10450…technically now looks like our target of 10097 is within reach after it breaches 10276…stiff resistance exists at 10618…

The crucial support for the Nifty is at 10450-10097 and the resistance is at 10618-10724
Regards
Prakash Gaba