NIFTY Analysis Mar Week 3 and beyond

3月15日

Note:
Most of the below Basis is given in my GIFT idea dated on same date.

Fundamentals/Basis:
Due to most uncertainties of the US related news including Trump Tariff wars, US shutdown vote, Russia Ukraine war ceasefire talks, US possible recession, most of the global economies were in downward trend including US,excepting china which is seeing correction /growth.

How India will deal with US tariffs is a wait and watch , which could come into effect starting April. With Ministers flying to US to negotiate and trying to find middle path, one can expect a reasonable middle ground with US tariffs, by increasing US supplies,reducing tariffs etc from the Indian govt. At this moment, Indian government might not go for a tit-for-tat approach , which will hurt its interests.

Technicals:
Most of the corrections had happened since the election of Trump, the Nifty had been on the decline since its highs of oct last year and is at lower than yearly lows.


Price is moving in a small channel ,shown in the rectangular box.


Trade Idea:
If the Price breaks out of 22600, can test 22780-810 and after a retrace to a max of 520 can bounce again to 22940-23080

If the price could not break or sustain 22600 ,probable to fall with the channel again and test 22280-230.

These higher and lower levels mentioned will be decision points for further trends for the rest of the year.


Disclaimer: Analysis expressed are my own personal analysis and views. Not a SEBI registered analyst. Plan and trade as per your analysis.

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3月18日

註釋

Update:

Gift Nifty has broken the trend resistances and following the projection upward(refer the Gift nifty idea),
Nifty is within the range as projected in the chart ,but there were a heavy short covering and long build up yesterday.

Taking clues from Gift and global indices, Nifty is expected to open Gap up and break the 22600 .
As per the plan, when Nifty breaks 22600 look out for every supports to buy. Resistances are provided in the idea.

3月20日

交易進行

As per the abalysis , the Nifty had broken the 22600 levels few days back and is in bullish mode.
Today Nifty is expected to open gap up
On long term, if the Nifty sustains above the retrace trend and sustains , we can expect further moves.
Levels are indicated in the updated chart.

3月22日

註釋

Mar - Week 3 closure update:
As per the forecast, the Nifty had sustained the levels and was in the bullish mode for the most of the week3

Mar - Week 4 Projections
Price has to cross the 23410 levels and sustain above this for immediate (long term ) targets of 23670
If the price breaks and could not sustain the 23400 levels , can see some retracements.
Max retracement supports and resistances are indicated in the chart attached.

The Mar week4 and first two weeks of April will play a crucial role in deciding the Nifty projections for the rest of the year. This is due to the Q3 /Fin year closure.






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3月26日

交易結束：目標達成

Target reached 23600 levels. of 1000 points
Await for new trades in the first/second week of April after absorbing the Trump Tariff effects