Nifty Prediction for tomorrow 1st June 2021

Nifty Prediction for tomorrow 1st June 2021 trend remains up and in an advanced stage. Extreme momentum divergences along with wave counts analysis make me very cautious now. Nifty continued to drift higher. In the near term combination of wave counts and momentum suggests that the up move that started…

Nifty Prediction for tomorrow 31st May 2021

Nifty Prediction for tomorrow 31st May 2021 Nifty trend remains up however momentum divergence makes me very cautious as of now. Nifty broke out of the rising wedge but lacks momentum to confirm the breakout. On the daily chart, Nifty formed yet another candle that suggests indecision by big players….

Nifty Prediction for tomorrow 27th May 2021

Nifty Prediction for tomorrow 27th May 2021 Nifty Trend remains up but looks exhausted as a major resistance area is nearby. Please refer Nifty Chart enclosed below for reference. Nifty continued its drifting around these levels as predicted. The momentum has been continuously moving divergent. In such a scenario we…

Nifty Prediction for tomorrow 26th May 2021

Nifty Prediction for tomorrow 26th May 2021 As predicted Nifty touched the upper trend line and is lacking momentum for a breakout as of now. We are adopting a wait and watch strategy for now. Please refer Nifty chart shown below. It appears and I say appears for now because…

Nifty Prediction for tomorrow 25th May 2021

Nifty Prediction for tomorrow 25th May 2021 Nifty trend remains up however we are near critical resistance areas. Need to see what Nifty does here now. As per our Nifty Prediction we were expecting and predicting a target of 15250 which is achieved today. Once again we were perfectly on…

Nifty Prediction for tomorrow 24th May 2021

Nifty Prediction for tomorrow 24th May 2021 Nifty trend remains sideways with positive bias. Nifty can test the 15250 target area over the next few days as predicted. In our yesterday’s free update we mentioned that Nifty should be bought on dips at important supports. Our going long in gold…

Nifty Prediction for tomorrow 21st May 2021

Nifty Prediction for tomorrow 21st May 2021 Nifty trend is sideways with a positive bias. Buy on dips can be done but only at quality support zones only. Just two days back everyone on the street was talking about a breakout. We however mentioned in our last free update on…

Nifty Prediction for tomorrow 19th May 2021

Nifty Prediction for tomorrow 19th May 2021 Nifty is now at the upper end of the trading range. Breakout with volumes needed for any fresh long positions to be taken. Nifty has been sideways within the trading range. However, as of now, it is at the upper end of the…

Nifty Prediction for tomorrow 18th May 2021

Nifty Prediction for tomorrow 18th May 2021 Nifty is now at the upper trend channel resistance. There is a possibility of a false breakout so we need confirmation on the volume’s indicator. Apologies for the delayed update. The weather in Mumbai is very bad. Wind speeds and rain has been…

Nifty Prediction for tomorrow 17th May 2021

Nifty Prediction for tomorrow 17th May 2021 Nifty trend sideways. Can see another pullback towards 14900. Nifty support at 13800 resistance at 15250. Nifty expected to be in a broad trading range. Dollar Index has been moving lower and the trend still remains down. So more money being printed by…