On a very long TF , a Red candle has formed on Nifty Chart , almost after 10 Year , don’t know the implication , it may be very negative impact on Nifty 
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I think its too early to judge since this is a yearly chart and now its just Feb. so maybe the lower wick is forming now and we might see a bumber swing on the upside in the coming months. quite possible.
Thanks! I am too waiting and won’t rush unless there is something unusual to trigger the upside. but i am willing to take the risk on this one in cash 
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Well it may be , but it happened in a span of a Decade
I see 
thanks
Yea psu banks seems undervalued. i would not be surprised if this rally continues. also look at ex-bank index. thats also interesting.
Thank You
Are those pivot point resistances?
you can choose any… there are many ways ma, rn, pivot, fib, trendlines… whatever that works
Yeah, but what is the indicator shown on the picture?
Going up & Up , SBIN is the Leader if so , i need to take profit on 3ed Time on PSU Banks
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There was a shake out in Coromandel price in the morning opening , something is changing / cooking in Coromandel
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Not Just because of the News about Anthropic Claude Sonnet 4.6 , I think IT indices will break down further , i may be wrong but its my opinion.
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thanks for the details and analysis
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i already had my opinion , on D chart you can see the intensity of the breakdown , if US-Iran war continue for another 15days to month further breakdown can be expected
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10 to 12% correction on any indices , normally does not gives the impression of a Bear Market, When i was posted here last time , i was confident that there will be a correction on Indices and was expecting a consolidation or side ways market around the present Nifty level , But the Indices seems to to go down further and some kind of Bearishness is setting in on stock Market , Don’t know it may be a side ways or of a consolidation phase for the stock market or stock market crashes further down. May be a consolidation , side ways market not only for India also for other stock markets world over , Fingers crossed trying go with the market direction
Last time , when i posted , i had some kind of hope that market will recover , but today"s market action , the force with the market is going down is of different thing , Now the market has reached the level of the year 2022 , and it seems market go down further , don’t know but certainly the market condition is weak , Not mentioning any Nifty Level and is for the personal use only for the Fear of AIT
