MESSAGES

chances of 22800 being taken out in this weekly are getting less . so we are headed lower .

wow exactly as i expected. 22800 if not taken out today or monday will be a big resistance for us

third time struggling to cross 22800 on spot. first on 9 or 10 april second time on 30 April and now 3 rd may. is it preparation for sell off

vamsi bro, looks i missed to reply to you. but i did explain views and levels on futures though. my self still looking for testing 20.5k and 20.2k barrier prior to making any significant up move. smiley.. any way in today furtures charts are left in indecisive mode it neither closed above 22620 nor below 22520. but looks nifty spot gave a breakdown with a close below 22.420. as i am bearish and and see the current up move just as retracement for all nifty bn dow and sp carried few shorts. just look at weekly williams of dow. at least looks few weeks to months of down move is pending. 35k is written all over...now regarding nifty levels. 22.2k may be next to be tested below that 21.2 and below that 20.2. above 22.520 if sustains it can move towards 22.82 and 23k and 23.2 it looks. may reverse again from there. a weekly close above 23.2 a mega virtual breakout can happen towards 24k and 25k levels from where a crash towards 19.8k or even below will be imminent... thats why if we test that 20.2k gap or even 19.8k from current levels an organic up move towards 24k 25k or whatever that trillion mark will be possible in coming years. this is just my view. and i could be wrong completely. but i am bearish currently. smiley.. trade safe. best wishes.

dow closed above 38200 . first week of reversal after 2 to 3 weeks of down move. magnificent 7 mostly delivered well microsoft , tesla , google all fired upside. banks results decent in india and usa . 22520 saved on nse actual 22570 and 22630 on gift . it closes last so that is fridsy night number or let us say weekly close . we just need icici nim to rise and other parameters to be flat . we just need 1 percent reversal in all other banks and the game begins

Passerby bro, Looks like 22470 level is broken What do u see now 22.38k and 22.30k