Trendxinc

Trendxinc

So as I said earlier, Nifty touched the 24550 support level. The better part is, it gave a good bounce from there. So today’s candle is a demand candle. However, it's not very strong, which means Nifty is still in consolidation mode. Now talking about upcoming levels – If Nifty closes above 24777, then the target of 25200 can be hit very soon. Now Nifty’s...

Trendxinc

Today’s candle in Nifty is a double demand candle. This means that selling was absorbed, and at the same time, the market gave a closing above yesterday's and today's high. The reason could possibly be short covering. So, to know whether there is demand in the market going forward, there should be a follow-up demand candle tomorrow as well. Range for...

Trendxinc

Just like yesterday, today also a supply candle has formed in $NSE:NIFTY. As soon as demand was seen in the morning, FII and DII (institutions) sold off their positions. The chart also shows clearly that they have started buying for June. However, as I said earlier and still believe — stocks that are in an uptrend setup won't be affected much by Nifty or other...

Trendxinc

Heads-Up for Tomorrow’s Market (Especially for Expiry Day Players) So tomorrow could be a strong day for the bulls — but hey, it’s Weekly Expiry for Nifty. This means: after 2 PM, the game might flip. People might start booking profits, and the trend could slow down or reverse. Bottom line? Trade smart. No need to rush — let the market show its hand first. If...

Trendxinc

📈 Weekly NSE:NIFTY Outlook – Falling Wedge Breakout in Play? 🗓️ Chart as of April 12, 2025 ⏱ Timeframe: Weekly 🔹 Structure Breakdown: After weeks of consolidation and bearish sentiment, Nifty50 has delivered a powerful bullish candle on the weekly chart, marking a potential falling wedge breakout — a classic reversal pattern. This price action aligns with...

Trendxinc

NSE:NIFTY has been trying to close above 22,555 for the last three weeks but has failed. At the same time, 22,100 has been a strong support. These two levels are very important for the coming week. If Nifty closes above 22,555 next week, it may bounce to 23,222. If it closes below 22,100, the next demand zone is at 19,500. If that happens, the market will...

Trendxinc

Sir, how is market going to be tomorrow? Bullish or Bearish? See, I never go into the market with that binary view. I just be the part of the big picture. As a trader I'm a pixel. I cannot analyse the whole picture. Rather, I can just try to find the place where the probability of fitting me is the highest and where I can stay put with high confidence as long as...

Trendxinc

Here’s my trading strategy for the coming days: #Nifty Support: 23,568.60 (closing basis) I expect a bounce in Nifty towards the 24,400–24,500 range, which is around 750–800 points from the CMP. At this level, many retail traders might initiate fresh long positions. However, I plan to book profits or exit at cost and avoid taking new positions here. My focus...

Trendxinc

NSE:DEEPAKFERT Started tracking it since it last broke 52-week high on Nov 6. It gave a good closing but because of the overall market correction couldn't get the follow up move. Next attempt to break was made on Nov 12th. However, the traders past stuck on the high took it as exiting opportunity at breakeven. Since then it has been going on like that. So as a...

Trendxinc

Good morning everyone 9th October 2024, Wednesday So with Bullish Harami with piercing pattern NSE:NIFTY looking fit to come back once again. The minor resistance for Intraday stands at 25054. Above this a short covering rally towards 25364 is on the table. Support @ 24940. Below this 24944 is another base support. Short term players can go long now with...

Trendxinc

Good morning everyone 7th October 2024, Monday All the corrections levels were pending seems to be over now. However market is market. May surprise more if you are not prepared. Do not panic in case of any surprise. Also do not be the first person to buy. Wait for the sustained move above the resistance levels and then go long gradually. Support for #Nifty is...

Trendxinc

Good morning everyone, 3rd October 2024, Thursday Israel vs Iran war. USA politics. SEBI's new circular regarding FnO. Say you what may, but I've been hinting that after 25800, we could see 25500 very soon on NSE:NIFTY , which is the next support for creating fresh longs. Today, we might witness this level. Also, it's expiry. Expect a sideway day if the dips...

Trendxinc

Good morning everyone! 30th September 2024, Monday. The market can remain irrational longer than you can stay rational. Said this earlier, saying it again. So, do not try to predict the market. You will never be able to do it perfectly. And one doesn't need to predict the market to earn. In fact, those who do not predict often earn more. Remember one thing...

Trendxinc

Good morning everyone 27 Sept. 2024, Friday Whoever has tried to predict the market has been destroyed again and again, this week included. The market won’t change because people remain the same. History doesn’t repeat, but people do. So, once again, I’m saying — stop chasing the market, #Nifty, #Banknifty, breakouts, or gap-ups. Instead, learn to create your...

Trendxinc

Good morning, everyone! 26th Sept. 2024, Thursday I know, guys. You’re probably feeling uneasy seeing NSE:NIFTY make new highs, one after another, without any correction. But let me share from my experience — "The market can remain irrational longer than you can stay rational." So, don’t try to predict the market. Instead, focus on drawing your...

Trendxinc

Good morning, everyone! 25th Sept. 2024, Wednesday As we analyzed yesterday, NSE:NIFTY needed a little correction, and the chart confirmed this by forming a Doji at the top. Now, the high and low of this Doji will decide today's trend for the index. If the high of 25025, which is also the resistance for the day, is broken, we may see a further upward rally....

Trendxinc

Good morning everyone! 24th September 2024, Tuesday. So NSE:NIFTY gave a good upside as we analyzed. The target 26526 still looks achievable. However we need a little dip for that to overcome. The hurdle at upside is now at 26056. Support is at 25474. Below this 25265 is the short term support. One very clear instruction is that don't trt to short this...

Trendxinc

Good Morning Everyone! 20 Sept. 2024, Friday When I said NIfty is in 2d phase, no once believed and few also booked their profits at just 24000 in fear of their will be a big correction. Corrections came and gone. They are still sittng on the cash hoping they will get a chance to buy low. And we have been enjoying Swings profit everyday, constantly. When social...