sravanreddy.226
Long

ONCE AGAIN SIGNAL SYSTEM PROVES : >200 POINT MOVE

NSE:BANKNIFTY   NIFTY BANK
ONCE AGAIN SIGNAL SYSTEM PROVES : >200 POINT MOVE IN 2ND HALF

Signal generated at 26960
Market High - 26170 - MORE-THAN 200 POINTS PROFIT

Signal system gave continuous 4 BUY signals - Any option writer and Buyer

BUYERS PROFIT
27000 CE- 170 POINTS PROFIT
27100 CE- 130 POINTS PROFIT
27200 CE- 104 POINTS PROFIT

OPTION WRITERS PROFIT
26900 PE- 90 POINTS PROFIT
26800 PE- 58 POINTS PROFIT
26700 PE- 37 POINTS PROFIT

Understand the Spot Market cash Injection and Withdrawals, see the Weightage movement behind the BankNifty

Price is a representation of value, so understanding the value is very important than price.

Futures and options are Speculative products, So Depend on the Spot market to understand the real cash flow.

ANY DOUBTS REACH OUT TO ME
Sell signal in the morning at 26950? Exit and reversed later in the day at 27050?
Reply
@ga24, Hi, The First Sell Signal is at 26917 - Market Dropped to a low of 26841 - Its down > 70 Points, please see my first post(Banknifty Morning view). Its a 70 Point continuous signal system, so people might have exited after booking their profits.

Received the Buy Signal at 26945 - And Market more than 200 Points.

Understand the Underlying stocks to forecast the BankNifty price action. This system takes Underlying stocks weightage and volume from cash market. The concept is call Market Internals.

If you have any questions reach out to me.
Reply
sravanreddy.226 sravanreddy.226
@sravanreddy.226, And Yes the Trader who entered at last signal has to exit at the First Buy - Book a Small loss. Hope this answers your question.
Reply
Hi....How is that a buy signal...Your trade signals are interesting sir...Can u explain please
Reply
sravanreddy.226 razeetnitwg
@razeetnitwg, its a market internal base signal system..it uses underlying stocks based weightage and volumes
Reply
razeetnitwg sravanreddy.226
@sravanreddy.226, I got it based on their names sir..
My question is how is that a buy signal based on that chart...Can you please explain your indicator...Is it available to others also?
Reply
sravanreddy.226 razeetnitwg
@razeetnitwg, ping me in private chat i will explain
+2 Reply
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