yvatsji
Short

WITH REF OF SGX NIFTY LET US FIND THE OPENING OF NIFTY ON 12-4

SGX:IN1!   SGX NIFTY 50 INDEX FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
COMPARING MY PREVIOUS STATEMENT FOR SGX NIFTY WITH ACTUAL MOVE.

1. ON STURDAY I SHARED THE CHART OF SGX NIFTY WHERE I TRIED TO ANALYSE THE MOVE IN SGX AND ITS EFFECT ON NIFTY . I SHOWED YOU A PINK AND RED COLOR ZONE. IN POINT NO.3 I SAID PRICE CAN GO TO THIS ZONE. I CIRCLED IN PINK COLOR.YOU CAN SEE PRICE BREACHED THE UPPER END IN RED COLOR AND CAME BACK IN SAME CANDLE. EXACTLY CLOSED BELOW RED BAND. THERE AFTER FALL.
2. I WAS WATCHING IN MORNING PRICE ACTION WHICH I MANIFESTED TWO DAYS BACK. FROM THERTE I GOT CLUE OF SHORTING IN MY BNF TRADE WHICH I SHARED WITH YOU IN THAT POST.
3. IN LAST POST I DID NOT TALK ABOUT MOVE IN UPPER SIDE FROM THIS ZONE. SO SAME HAPPENED. I TALJKED ABOUT THE OPENING OF FLAT IN SGX NIFTY SAME HAPPENED IT OPENED FLAT. THAT WAS THE MATCH WITH REAL MOVE. NOW TALK ABOUT TOMMOROW MORNING MOVE.
4. I MADE FEW ZONES AND MARKED THEM WITH IMFORMATION. ABOVE PINK RED ZONE SGX WILL MOVE UP. WHITE DOTTED AND PINK ZONE THERE SHOULD NOT BE ANY TRADING POSITION. SHOWED BELOW PINK TREND LINE .
5. AT NIGHT SGX CROSSES GREEN TREND LINE THEN IT WILL MOVE TO PINK TREND LINE A SHITE COLOR ARROW SHOWING THE MOVE. IN MORNING WHEN IT OPENS NEAR PINK TREND LINE THEN VERY LESS CHANCES TO GO UP. IT WILL MOVE DOWN. AND NIFTY WILL ALSO MOVE DOWN, NIFTY WILL MOVE UP IF SGX WILL CROSS NOTRADING ZONE. I F SGX IN ANY CONDITION COULD NOT CROSS GREEN TREND LINE AT NIGHT THEN GET READY TO SEE NIFTY IN DOWN FALL TOMMOROW. REST MARKET WILL DECIDE.

YOGESH VATS

Comments

Ho gaya market ka bang!!! i was sitting on PE.
Reply
yvatsji krutananda10
@krutananda10, why pe when in post i clearly mentioned book your shorts near blue support. many trader asked for shorting i said big no. to them. check in comment box. still you are doing mistake.
Reply
Yogesh Sir, you share the same name as my elder brother :)

I'm new to Indian market, investor in short term trades in U.S. market. In India and stuck here due to lockdown so planned on doing some Future trades.

I have Nifty call for May 28th @9,266.90 with large quantity (1,000+), current market price is 9,077. Do you recommend me to get rid of my Long and do some Shorting ?

Any guidance is much appreciated.
Reply
vishalpan vishalpan
@yvatsji I apologize, this is active trading hours. Please respond whenever you are free, thx
Reply
yvatsji vishalpan
@vishalpan, when you posted this query I was busy with my position. You know have some pressure. When I booked then I replied.
Reply
vishalpan yvatsji
@yvatsji, Absolutely sir, no worries i truly understand
Reply
yvatsji vishalpan
@vishalpan, Pl see my first reply I edited it just now. And confirm me.
Reply
yvatsji vishalpan
@vishalpan, that great sharing same name of your elder brother. See at this point of time I am no bearish and told every one not to short here. Can see in comment box as well as in my post. You hold your position and when you get some PR or at par exit as soon as possible. Market are going to be range bound. As it is trading time so I can not reply I'm his time. But you need my help. I am there. One more thing range bound trade eats premium of options. So exit at first relief.
Reply
vishalpan yvatsji
@yvatsji, Ok sure, i'll watch it for 1-3 days more and see if it reached around @9266 and above i'll sell it immediately.
Reply
vishalpan yvatsji
@yvatsji, This makes sense, if you think it's not bearish i'll hold my position for couple of days and will exit at Par.
Thank you Sir !!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out