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Today we received first signals of bottom formation.
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Today Nifty gave first indication of bottom formation after a long time. Will the bottom hold is a question which only time can answer. Nifty staged good recovery of 107 points from the day's low that was a positive sign. MMI (Market mood index) for Nifty on Ticker tape shows that Nifty is currently in the Extreme Fear zone of 26.5. Usually good money is made when you buy in extreme fear zone and sell in extreme greed zone. The supports for Nifty for the next week remain at 24102, 24703, 23366 and 22821. Resistances for Nifty for the next week remain at 24408, 24547, 24714, 24996 and 25338. Above 25338 Bulls can come back into full action mode and can take Nifty towards 25656 in the best case scenario.
The Critical Mother and Father resistance for the hourly chart are at 24547 and 24966. Critical Mid channel resistance is near 25338. Channel Bottom support is in the zone of 24102 to 24072.
To know more about Parallel channel and my Mother, Father and Small child theory read my book The Happy Candles Way to Wealth creation available on Amazon in Kindle and Paper back version. You will learn a lot about Fundamental analysis, Candle Sticks analytics, Profit booking and behavioural finance from the book. The book is currently one of the highest rated books on Amazon in the financial analysis and strategy category. I assure you it will be worth every money spent.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.

#Nifty #Spotnifty #Niftynextweek Due to Good Closing on Friday, positive to start the new week can be expected. We might have a positive gap up start on Friday if there is no negative news on the global or local level during the weekend. contd..

Nifty May month analysis hindi 📍nifty weekly & monthly analysis hindi📍ba... https://t.co/mDUDPRGEhT via @YouTube #niftyMay_month #niftyMonthly_prediction #niftynextweek

#MarketOutlook #NiftyNextWeek
After the much awaited break out of Nifty which was playing in the range between 17900 and 16900 it is the time for the strength of the rally to be tested. Nifty has to battle some important resistance next week to sail further upwards. Contd...

banknifty weekly analysis hindi 📍nifty weekly analysis hindi📍banknifty &... https://t.co/k7eXpbwKq4 via @YouTube #niftyNext #niftynextWeek #bankniftyNext_week #bankniftyoption

#NiftyNextweek
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Nifty again feeling trapped within the support and resistance zones of 17850 and 18200. Nifty tried but was not able to break free. Good news was that major support levels did not break. continued...

#Nifty #Nifty50 #NiftyNextWeek #NiftyOutlook #SpotNifty #Globalselloff post #USFederalReserves 's rate hike another #75bps has intensified. Not only stock markets but Crude and Gold are also sliding. contd..1/4

#Nifty #Nifty50 #Niftynextweek #SpotNifty #Globalselloff post #USInflationdata with negative surprise led to a bloodbathin Nifty. The week ended very badly under 17600 levels at 17530.85. The supports for Nifty as indicated now in the chart are 17421, 17323 and 17301. contd..1/2

#MarketOutlook:
#Nifty this week has given #bullish signals. Indications for the #niftynextweek are positive. For NIFTY to crossover to the bullish zone it needs to cross the most important #resistancezone of 17925 to 17996. contd..1/2

Our weekly market outlook video is out.
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Where do you see nifty next week ?
@Vishvesh03 @virendraonNifty @CNBC_Awaaz @JayThakkar22 @rajeshpalviya @Rajesh_Satpute @ZeeBusiness @Sacchitananad @iamrakeshbansal @NeerajCNBC @hemant_ghai @AEHarshada @PrakashGaba @mits_trader @CK_Narayan @kunalbothra
Sunday is a funday. But only after you have spent at least 30 mins on improving your market understanding.
https://t.co/QhBve0CDQ7
#niftynextweek #MarketProfile #deanmarketprofile
Nifty Next Week | Episode - 31 | By Dean Market Profile https://t.co/QhBve0l2Yz via @YouTube
#niftynextweek #marketprofile #deanmarketprofile
#PAP no 1 playing out from the #NiftyNextWeek Episode 29. If you watched it, you knew the possibility. Sorry did not give a clear sell recommendations, oh wait, I forgot, I don't do that...
Link: https://t.co/LE8yYkMKJL
#deanmarketprofile #MarketProfile
Prepare for upcoming week with this #niftynextweek report.
Link: https://t.co/oJSZjXtn5O
#deanmarketprofile #niftytechnicalanalysis
Nifty Next Week - Ep 29 | 6 Sep to 20 Sep 2019 | Market Profile Analysis For Nifty and Bank Niftyhttps://youtu.be/KPigE6cN0vQ via @YouTube
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Nifty Next Week Ep - 28 | 9 Sep to 13 Sep 2019 | #MarketProfile Analysis For #Nifty and #BankNifty - https://t.co/i8a62Fb8e5 via @YouTube
#deanmarketprofile #niftynextweek
Nifty Next Week Ep - 27 | 3 Sep to 6 Sep 2019 | Market Profile Analysis. Latest episode is out.
Watch Now - https://t.co/A9gDkIO0It via @YouTube
#deanmarketprofile #niftynextweek
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