Posts

BANKNIFTY WILL HISTORY REPEAT..!

Image
  Based on several 50% retracement levels that have continuously served as crucial support zones throughout various market cycles since 2018, the Nifty Bank Index weekly chart offers an intriguing analysis of market structure. Overall the move from the 2020 COVID low around 17,500 has been a powerful and well organized uptrend forming what looks like a clear rising channel evidenced by the trendline originating from the 2020 bottom. Every rally since has produced higher highs and higher lows on the weekly time frame, which is quite literally the textbook definition of a healthy bull market. The index made a lifetime high of around 62,500 in early 2026 before the current sharp correction commenced. The 50% Retracement Levels — A Repeating Theme What makes this chart particularly interesting is the consistent respect for 50% retracement levels at every major swing. The chart distinctly denotes four such levels (38,221), 42,461), 48,085 and 54,733) each a midway point for previ...

Nifty IT : At a Make-or-Break Zone: Is This a Generational Buying Opportunity?

Image
  NIFTY IT INDEX At a Make-or-Break Zone: Is This a Generational Buying Opportunity? Overview The Nifty IT Index is flashing signals that have historically preceded powerful rallies. As of February 22, 2026, the index trades at 32,004 level that sits squarely within a major multi-year support zone and coincides with an extremely oversold momentum reading. For patient, long-term investors, this confluence could represent one of the most compelling entry points in years.   The Long-Term Story: From 10,000 to 44,000 and Back The index spent much of 2017–2019 trading in a broad range between 12,000 and 16,000, consolidating after an earlier run-up. Then came the COVID crash of March 2020, which briefly plunged the index to near 10,000. That moment of panic proved to be one of the greatest buying opportunities in the sector's history.   Fuelled by a global surge in technology adoption, accelerated digital transformation, and a flood of liquidity from central bank...

Crude Oil Prices may rise even higher, to 6735–6810

Image
   ⁃ On Monday, oil prices slightly increased as members of OPEC+ decided to prolong their voluntary oil output reductions to the end of the second quarter, and Russia committed to reducing exports and production.  ⁃ With concerns about the state of the world economy and increased output from outside the organization, OPEC+ has decided to prolong its voluntary oil output cutbacks of 2.2 MBP D into the second quarter. This move is expected to provide market stability.  ⁃ Russia, in cooperation with a few OPEC+ members, will reduce its oil production and exports by an additional 471,000 barrels per day during the second quarter.  ⁃ In contrast to an earlier prediction that output might increase over 36 million bpd in May as producers unwind supply restrictions, the OPEC+ cuts would result in a lower production from the group in the second quarter, at 34.6 million bpd.

NIFTY TREND REVERSAL OR CORRECTION ?

Image
 With strong gains of 42% and 49% on a year-to-date basis, respectively  the Nifty midcap and smallcap indices currently trade at a 25% premium to their long-term averages, suggesting possible valuation issues.  The country's expected high November inflation, fueled by rising food costs, caused the Nifty50 to go into a stabilization phase on Tuesday after its recent strong surge.  This might likely postpone RBI policy cutbacks. On the other hand, the US inflation outlook is still stable, which may have an impact on the US Fed's future policy On the daily chart, Nifty has created a bearish engulfing pattern that raises the probability of a bearish reversal. Call writers have established a strong position at 21,000 on the upper end. Put writers are highly prevalent at 20,800 and 20,900 on the lower end. Therefore, as long as it stays below 21,000, Nifty is anticipated to be primarily sideways to negative. A strong move above 21,000 would be necessary to start the uptre...

Can Paytm Prove its existence in Fintech Space!!

Image
 Is the Paytm stock fall a buying opportunity or a cautionary sign? Let's Discuss an Interesting Topic: the Patym Stock Correction.Do you believe it's a good time to buy or a warning sign? Let's take a deep dive into this and figure it out! The largest digital ecosystem in India for consumers and merchants. The One 97 Communication (PAYTM) stock fell 77% from its exchange listing price and reached a low in the 435-440 Level. The market just saw a 20% drop.Following the announcement of the company's intention to reduce its small loan sector below Rs.50000. This event has investors questioning if the current drop is a buying opportunity or a red flag for the company. Technical Talk: Fibonacci: The Fibonacci retracement from the low of November 23, 2022 (438) to the high of October 20, 2023 (998.30).The stock found support at the 61.8% Fibonacci retracement level of 652 (also known as the golden ratio).  Moving Average:  On the daily chat, the stock of the chart also sho...

THE PEAGSUS : UNITED BREWERIES LTD.

Image
In the next two to three months, short-term traders should try to purchase the stock for a potential TGT of 1850–1870 while searching for a profitable setup.  The stock recently witnessed the Golden crossover on the daily chart and is trading above the 50 and 200 DEMA. It has provided a B/O from the falling trendlin e and Follow through Z one B/O at (1650–1660).  The stock nearly fell more than 23% from the ATH, which rebounded more than 15% from the numerous bullish candlestick pattern where the support of the   EXHAUSTION GAP  is seen. At this moment, the momentum indicator, RSI, is trading with a positive hidden divergence and ATH can be reached by looking at the current state of the stock.

If the nifty rises, the Nifty Energy Index will follow..!

Image
  Nifty Energy Index  The Index is trading at a 52-week high and has shown a falling channel breakout. It is also below the ATH level and has a bullish flag and pole at the 52-week high. The golden crossing, which gives the index the upper hand and quickens the bullish momentum on the index, is highlighted on  chart. -Point & Figure Chart  The index is trading above the 10SMA on the Point & Figure chart, with a positive ABCD on the 1%x3 chart. The chart's vertical count indicates that the upside momentum will continue in the direction of the 31832 zone.