As not feeling well therefore Stock Market Outlook of today(18-09-2017) is not being updated.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
Levels will confirm next Trend after North Korea fires ballistic missile
Market Outlook(15-09-2017)
As North Korea fires ballistic missile over Japan and weakness in some Asian markets as well as Indian markets will react on this news therefore Intra Day Chart Analysis is not being updated.
Firstly Global markets complete reaction of this news should be understood and finally sustaining beyond 10050-10131 should be watched for next Short Term Trend confirmations.
Market Outlook(14-09-2017)
As not feeling well today therefore only small Outlook is being updated.
Following lines were told at 08:19 AM on 13-09-2017 in "Firstly watch levels for next decisive moves":-
Nifty will prepare for next decisive moves within 10050-10111. Valid break out of this range should be firstly watched for fresh up moves after new life time highest formation above 10050 or Very Short Term correction below 10050.
Nifty moved above 10111 but could not sustain after higher levels selling between 10120-10131 and closed within mentioned trading range at 10,079.30 today. As minor consolidation Patterns formations also seen therefore today trading will be understood with Mixed Patterns formation and firstly Nifty has to prepare for next decisive moves between 10050-10131 and finally sustaining it beyond will confirm next trend which should be watched for confirmations.
Firstly watch levels for next decisive moves
Market Outlook(13-09-2017)
As busy therefore Intra Day Chart Analysis is not being updated.
Indian markets are Bullish but indicators are overbought and Nifty closed within last resistance range(10072-10111) yesterday therefore today will be next decisive moves preparation day because market to consolidate for decisive up moves and fresh selling is required for any type of correction.
As some Asian markets are weak today morning therefore negative opening may be seen and Nifty will prepare for next decisive moves within 10050-10111. Valid break out of this range should be firstly watched for fresh up moves after new life time highest formation above 10050 or Very Short Term correction below 10050.
Rally continuation after follow up consolidation
Intra Day Chart Analysis & Market Outlook
(12-09-2017)
Nifty-Intra Day Chart (11-Sep-2017):-
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1- Consolidation between 9969-9990
2- Sharp up
3- Consolidation between 10004-10012
4- Mixed Patterns formation between 10017-10029
5- Sharp fall in last half hour
6- Whole day actual trading between 9969-10029
Conclusions from intra day chart analysis
Our all the outlooks of previous week are live proofs of this fact we updated only Bullish views despite crashing like most Global markets due to North Korea’s hydrogen-bomb test.
As good intraday consolidation today therefore rally continuation is expected above 10000 but some follow up consolidation is also required near about today highest because mixed Patterns formation at higher levels of the day today.
Bullish view
Intra Day Chart Analysis & Market Outlook
(08-09-2017)
Nifty-Intra Day Chart (07-Sep-2017):-
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1- All the Down moves in Bullish Falling Channels
2- Whole day actual trading between 9912-9964
Conclusions from intra day chart analysis
Although today closing near the lower levels of the day but no selling Patterns formation and all the Down moves in Bullish Falling Channels therefore same following Bullish view which is being updated for the last 2 sessions:-
finally rally continuation is expected above 9963.10 in the coming sessions
Finally rally continuation
Intra Day Chart Analysis & Market Outlook
(07-09-2017)
Nifty-Intra Day Chart (06-Sep-2017):-
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1- Consolidation between 9883-9910
2- Up moves with intraday correction
3- Consolidation Patterns formations in last hours
4- Whole day actual trading between 9883-9931
Conclusions from intra day chart analysis
As Dow jones crashed 234 points yesterday therefore all the Asian markets were weak and some were in deep Red today morning resultant whole day negative zone trading after weaker opening. As whole day intraday consolidation Patterns formations therefore following same view which was updated yesterday in "Finally rally continuation despite crashing like US markets":-
finally rally continuation is expected above today highest(9963.10) in the coming 1/2 sessions
Finally rally continuation despite crashing like US markets
Intra Day Chart Analysis & Market Outlook
(06-09-2017)
Nifty-Intra Day Chart (05-Sep-2017):-
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1- Consolidation between 9931-9948
2- Up moves with intraday correction
3- Consolidation Patterns formations in last hour
4- Whole day actual trading between 9902-9963
Conclusions from intra day chart analysis
As whole day intraday consolidation Patterns formations therefore finally rally continuation is expected above today highest(9963.10) in the coming 1/2 sessions despite crashing like US markets at this moment(Dow Jones is now trading 185 points down)
Firstly watch levels for next Big moves
Intra Day Chart Analysis & Market Outlook
(05-09-2017)
Nifty-Intra Day Chart (04-Sep-2017):-
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1- Selling between 9937-9967
2- Sharp down in Mid-Session
3- Last 3 hours trading with Mixed Patterns formation between 9861-9923
4- Whole day actual trading between 9861-9967
Conclusions from intra day chart analysis
As North Korea’s hydrogen-bomb test and after that warns also to launch ICBM therefore sentiment was extremely depressed today morning and resultant all the Asian markets trading in negative zone as well as some were in deep Red therefore weaker opening of Indian markets.
Firstly 2 hours selling and after that sharp down in Mid-Session but last 3 hours trading with Mixed Patterns formation between 9861-9923 therefore firstly valid break out of these levels should be watched tomorrow for next decisive moves first signal. As some support at lower levels after good selling at higher levels therefore Nifty will firstly trading within today trading range and prepare for next Short Term Trend as well as finally sustaining beyond today trading range will confirm it.
Last 17 sessions sideways trading between 9686-9983 and finally sustaining it beyond will confirm the life of on going correction as well as next Big moves therefore should be firstly watched in the coming sessions.
Sustaining above 9936 will confirm strong Rally
Intra Day Chart Analysis & Market Outlook
(01-09-2017)
Nifty-Intra Day Chart (31-Aug-2017):-
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1- Consolidation between 9857-9871
2- Consolidation between 9871-9885
3- Up moves with intraday correction
4- Whole day actual trading between 9857-9925
Conclusions from intra day chart analysis
As good intraday consolidation and last half hour up moves with intraday correction also therefore up moves continuation is expected towards following resistances:-
1- 9910-9936
2- 10080-10130
As above resistances therefore follow up consolidation is must and once sustaining above 9936 will mean strong rally towards 2nd resistance(10080).
Firstly Watch Levels after Korea news based last 2 sessions volatility
Intra Day Chart Analysis & Market Outlook
(31-08-2017)
Nifty-Intra Day Chart (30-Aug-2017):-
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1- Consolidation between 9869-9882
2- Selling between 9889-9909
3- Whole day actual trading between 9851-9909
Conclusions from intra day chart analysis
As UN Security Council unanimously condemned North Korea's firing of a ballistic missile and expressed "its commitment to a peaceful, diplomatic and political solution" therefore conclusion of no risk of immediate war resultant all the Asian markets were trading positive after Green closing of US markets while Dow's Futures was trading more than 120 points down during Indian markets trading hours yesterday.
Last 2 sessions trading was completely North Korea ballistic missile fire news based in which sharp down yesterday and strong recovery after strong opening today but some selling was also seen below 9909 today. As some consolidation also developed above 9869 therefore firstly valid break out of 9869-9909 should be watched tomorrow for next decisive moves towards(9782 or 9936)
Following lines were told on 27-08-2017 in "Firstly watch levels for correction continuation/completion" and being repeated as final conclusion after last 13 sessions sideways market:-
Previous 10 sessions trading between 9686-9948 and finally sustaining it beyond will decide the life of on going correction
Pre-open Outlook(29-08-2017)
As North Korea launched missile which flew over Japan therefore Dow's Futures is trading more than 100 points down today morning and resustant all the Asian markets are trading in negative zone.
Certainly sentiment is depressed and Indian markets will also open weak but good intraday consolidation between 9894-9925 yesterday therefore until Nifty will not sustain below 9894 till then decisive down moves will not be seen and firstly sustaining it below should be watched today for fresh down moves confirmations.
9936 will confirm strong up moves towards 2nd resistance
Intra Day Chart Analysis & Market Outlook
(29-08-2017)
Nifty-Intra Day Chart (28-Aug-2017):-
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1- Consolidation between 9894-9925
2- Whole day actual trading between 9882-9925
Conclusions from intra day chart analysis
As most positive news of "Indo-China agreement of 'expeditious disengagement' of Doklam border dispute" therefore firstly gap up opening and after that more than 5 hours consolidation between 9894-9925 today which means that on going Pull Back rally continuation towards following resistances:-
1- 9910-9936
2- 10080-10130
Above resistances were updated on 23-08-2017 in "Strong indications of fresh rally after correction completion" and consolidation was seen within 1st resistance range today therefore expected that rally will remain continued towards 2nd resistance range but follow up consolidation is must and once sustaining above 9936 will mean strong up moves towards 2nd resistance(10080).
Firstly watch levels for correction continuation/completion
Intra Day Chart Analysis & Market Outlook
(28-08-2017)
Nifty-Intra Day Chart (24-Aug-2017):-
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1- Selling patterns formation between 9857-9867
2- Volatility in last 3 hours
3- 8 Times supports at lower levels of the day
4- Whole day actual trading between 9849-9881
Conclusions from intra day chart analysis
Whole day sideways trading within 32 points with some selling but 8 times supports also at lower levels of the day therefore last Friday trading will be understood with Mixed patterns formations. As volatility also in last 3 hours and technical positions reverses also during such volatility therefore valid break out of last Friday trading range should be firstly watched for next decisive moves confirmations.
Certainly correction is on and no confirmation of its completion yet but good consolidation between 9750-9815 in previous week therefore until complete selling will not develop till then Nifty will not sustain below 9750.
Previous 10 sessions trading between 9686-9948 and finally sustaining it beyond will decide the life of on going correction therefore Nifty will trade and prepare for it within this range in the next 2/3 sessions. Let markets prepare then will be undated according to intraday patterns formations and firstly mentioned levels should also be watched in next week for correction continuation/completion.
Post-open Outlook(24-08-2017)
Although positive zone trading since gap up opening today but required strength is not seen therefore sustaining above today highest(9881.50) should be firstly watched for first strong signal of on going correction completion and sustaining above next resistance(9910-9936) is must for fresh rally after correction completion.
Strong indications of fresh rally after correction completion
Intra Day Chart Analysis & Market Outlook
(24-08-2017)
Nifty-Intra Day Chart (23-Aug-2017):-
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1- 5 Hours consolidation between 9787-9815
2- Strong rally in last hour
3- Whole day actual trading between 9787-9857
Conclusions from intra day chart analysis
As good consolidation below 9815 today and yesterday therefore strong recovery from lower levels and today closing near the higher levels of the day. Certainly correction is on and no confirmation of its completion yet but good consolidation between 9750-9815 in last 2 sessioons therefore strong indications of correction completion today and sustaining above following resistances should be watched in the coming sessions for fresh rally after correction completion:-
1- 9910-9936
2- 10080-10130
Firstly Watch levels for the life of on going correction
Intra Day Charts Analysis & Market Outlook
(18-08-2017)
Nifty-Intra Day Chart (Aug 17 & Aug 18,2017)
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1- Selling between 9915-9940 on 17-08-2017
2- Consolidation between 9784-9825 on 18-08-2017
3- 2 Sessions actual trading between 9784-9940
Conclusions from 2 Sessions intra day chart analysis
As last 2 sessions trading between 9784-9940 with lower levels supports and higher levels good selling also therefore firstly Nifty has to trade and prepare for next decisive moves within mentioned trading range which will be done in the beginning of next week.
Intermediate Term correction is on and no confirmation of its completion yet therefore firstly valid break out of last 2 sessioons trading range should be watched for the life of on going correction which means that correction continuation below 9784 or first signal of correction completion above 9940.
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