CAN SGX CHANGE GAP UP OPENING OF NIFTY TO FLAT SEE HOW!!
Updated
COMPARING MY PREVOUS STATEMENT TO REAL MOVE IN SGX TODAY.
1. In previous post point no.3 I clearly told you about the condition of green doted line quoting my words " morning star parttern is seen that has been tested in next candle. If it really works then green dotted line will breach and price will go to in 1st micro zone." You can see price breached the green dotted line and went to lower end of micro zone circled in green.In next candle you can see crash . This move was manifested two days back and you see same happened . One more thing to notice sgx took support after such fall to blue support line converting into zone. Why I every time in every chart analysis give you so precise levels from where trend gets changed. All sketching has been done for you . Only follow imformations on chart, time your trade in direction disclosed by me every day. you just have to react with the conditions I share in post. I every day try to make trading simple for you all.
2. Yellow color is no trading zone. Means no information about trend if price take out green dotted line this time. Had sgx not taken out green dotted line till opening of nifty then there are chances of nifty slightly opening up to flat. Above green arrow is shown in fig. If price takes out arrow means change in structure, down trend change to up side.
Rest market will decide.
YOGESH VATS
1. In previous post point no.3 I clearly told you about the condition of green doted line quoting my words " morning star parttern is seen that has been tested in next candle. If it really works then green dotted line will breach and price will go to in 1st micro zone." You can see price breached the green dotted line and went to lower end of micro zone circled in green.In next candle you can see crash . This move was manifested two days back and you see same happened . One more thing to notice sgx took support after such fall to blue support line converting into zone. Why I every time in every chart analysis give you so precise levels from where trend gets changed. All sketching has been done for you . Only follow imformations on chart, time your trade in direction disclosed by me every day. you just have to react with the conditions I share in post. I every day try to make trading simple for you all.
2. Yellow color is no trading zone. Means no information about trend if price take out green dotted line this time. Had sgx not taken out green dotted line till opening of nifty then there are chances of nifty slightly opening up to flat. Above green arrow is shown in fig. If price takes out arrow means change in structure, down trend change to up side.
Rest market will decide.
YOGESH VATS
Comment
Hi followers, see in last update i told you if green dotted line this time takes out then price will reach in no information territory where direction can not be decided. so price is in same area. now if same green dotted line is breached to down side then nifty can open gap up but would not be able to sustain. price will be range bound there after in nifty for whole day. on other hand if sgx sustain to hold green dotted line then structure will get changed. that i will update in nifty post.
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