Nifty: Is topping out in progress? 13-Jan-2020

CMP: 12314.x; Res: 12434/55

As per my analysis, topping out is in progress. If Nifty resisted by 12434/55 we will see 11800 soon.
We also could see negative divergeces, which suggests topping out.
Let us wait and watch.

Is topping out in progress? by ArockiaChinnappaRajK on TradingView.com

INDEX: NIFTY: Analysis 03-Nov-2017

DATA is based on GCI MT4

09-Nov-2017

CMP: 10311
Sup: 9683
Support Zone: 10247-10120
Res: 10485[10489]
Retracement Levels: 10485/10296/10179/10084/9989/[9918-9872]/9771/9683

Reversal from any of these levels, we will see 10485 first and further 10843,11077, [11382-11697], 12207, 12919, 13541.

Sellers SL: 10486
Buyers SL: 9683

03-Nov-2017

CMP: 10419
Sup: 9683/7889/6822
Long Term Targts: 11348, 13486, 14662, 15949
Targets: [[10520-10532-10634-10640] expecting this before next down move], 10844-10881, [11348], 11660, 12165, 12871, [13486].
Important Level: 10900-10946-11000, 17711.

Previous Analysis: http://rajtechnicalanalysis.blogspot.in/2017/10/index-nifty-analysis-28-oct-2017.html

Nifty Analysis 14-May-2017

20-May-2017

CMP: 9427

Res: 9534/55

Sup: 9272/9075

As long as Nifty supported by 9272 and a break of 9534, we can see 9625 n further 9889.

But in Daily n H4 charts, we could see lot of negative divergences. Need to watch. Is the move completed for bigger correction or yet to go?

Levels to Watch: 9272/9534

16-May-2017

Nearing Top. No change in view, can fall at any time.

15-May-2017

14-May-2017

Based on  GCI MT4 data.
Are we ready for bigger correction in Nifty?

Could see negative divergences in 4 hour chart again and again.

Nifty Analysis 18-Sep-2016

CMP 8776
Res: 8961
Sup: 8667

Breakout levels: 8667(8655)/8961(8989)

Upside tgts: 9148, 8298, 9436
Downside tgts: 8485

NIFTY Analysis 13-Sep-2016

CMP 8710
Here below is my view on Nifty (BASED ON GCI MT4 NIFTY CHART. Our values differ from GCI MT4 chart).

As long as nifty supported by 8534, I expect to see 8961 again and further 9100+++.

Important levels: 8700-8630