Nifty Technical Review — Full Breakdown & Transcript

[00:06] Kishorya Panchi Adrates so today we are . Let's see how nifty the technicals are. So we watched Nifty in our previous video . What if Nifty came and

[00:20] went in the same way? It hit this top, formed a channel, took a sideways movement in the channel, gave a double bottom, and the market rallied . We had already said in our speech that the same baton was being recreated again . So, if you look at the market in the same way, you can

[00:36] So the market hit a sideways stop and from there it formed a channel and came into the channel and went sideways at this point.

[00:49] almost a 1000 point cap . This is something we have already talked about seen it, even though it's on the news like this, Trump comes and says there's no ceasefire until the last minute, " Bot down the hell on

[01:03] Iran," and then comes at the last minute and the US comes and says there's no we've already said. If you want that video, you can watch channel from above,

[01:21] market is standing sideways important day of the day is tomorrow. What if

[01:35] . So, it can arrive on Tuesday. We have been Whenever Trump says something, he'll say something like, " The deadline is tomorrow," and then come back at the last minute and post a tweet. No, the compromise

[01:49] is over. Remember last time? It was the same way. I the market jumped 1000 points . There are many opportunities to do this kind of work . So be careful .

[02:04] . . So most likely we ended this in a compromise. We came and put up a piece deal. If the deal came through, it would

[02:21] n't be surprising if the market automatically broke and you immediately lost 500 or 1000 points. this is what we already know, technically speaking, if you look at it, you

[02:34] accumulating in this place . If they had started then, they Then, when they accumulate, they will show the market somewhere. The

[02:49] Now, when I look at the chart, I think we have the correct pattern forming, a double bottom forming, and it's ready to go up. pattern forming, a double bottom forming, and it's ready to go up. said, the market also crashed. Now the next

[03:03] . If . Can I also learn and analyze this chart? can learn and analyze this chart. So that's why we're giving our shout out to Trade Achasla

[03:18] take a chart and use that are going to do it. We have also taught you how to make a prediction of what might happen before a news item comes out what might happen before a news item comes out

[03:31] . So traders don't know the market, we started by went on to teach them advanced patterns

[03:45] if you think you can learn and do it yourself, we have five franchises in Chennai, Coimbatore, Madurai, Bangalore, and Malaysia. So, . Classes start every Friday in Bangalore. In Malaysia, physical

[04:00] months, and we will announce our dates once . You can join at that time can't come to France, we also have online online batch, a new batch, is starting . So in case you

[04:13] details. Also, if you look at the online patches, That's why we have two timings. We have one at 7:30 in the morning. There Because if you watch it in the evening, all our people go to work and come in the evening to have

[04:27] study. If you do the morning 7:30 patch, many people who are away schedule the morning patch. When their timing is fine, it is fine and there are morning patches too . So, if you call and ask which batch you want, they will give you all the details.

[04:41] Banks have not started yet. Those who want to call and join, now that the market has gone up here, it will turn around and act like now that the market has gone up here, it will turn around and act like . When this broke, it came and did a botma act with a major channel

[04:55] . This is so this 25,000 is a good strong level of

[05:07] example of what we can do with R2 . So, this 25,000 will be the market deciding factor. Only after going down to 25,000 will the market bounce back from there, retest, rebuild, and come back down again. Or will the market reach

[05:20] 25,000, break easily, and rise again? Only what's going to happen to the market right now? Now that the channel has been against you. So again we expect the market to go up to

[05:33] 25,000. I have been saying this all along, this is not the right time to sell, this is the right time to hold. Hold your positions until you can.

[05:46] have said that Nifty will go to 20,000. have said that everything will go to 18000 or 22000. So some people have heard that and some people have heard that and some of our said that I will wait and many people have waited. Today, instead of waiting,

[05:59] what happened to the stocks? They started to rally again. If you but the stocks also started to rally up to 5%, 7%, 8%, so when you take market momentum, it automatically takes the stocks of the next moment. So don't hesitate to take a break.

[06:14] That's why I'm saying that Nifty has broken this channel and the is 25000. If the 25th breaks, we can expect the all-time

[06:26] happens, the chances of our stocks all going up again are very high. This is the scenario for now. What if this

[06:40] 23500 to 600 breaks, what could happen again? The market could reach 23000. Why don't you come and fill that cup? This cab is not there, there is a chance that this cab will come and fill it at 23,000

[06:53] I hope most people don't. Even better to wait and see. If you can't trade at this time, it's

[07:05] or if you came here and traded, then there's nothing wrong with holding them. Now, if I go to this place and go up 1000 points and down a little .

[07:18] if you have to make the next decision, listen to your financial advisor and do what he says. Don't just take what you think. This is not a stock tip nor a financial advice. It is just to

[07:34] Don't come and take a trade based on this. Please seek your financial advice . But now, looking at Nifty, the channel breakout is sideways breakout and the next level of resistance is 25,000. So let's

[07:47] level of resistance is 25,000. So let's Okay, so this is the review for Nifty. useful, thank you very much for joining Take Care.