IS NIFTY GOING TO CHANGE ITS TREND TO DOWN SEE YOURSELF !!
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY IN NIFTY.
1. In point no. 2 What I said is quoiting for you " a red dotted line is breached today have been waiting for last many days. but now it has to complete new conditions. first it should take out red support line where I put red arrow for down side if do not fulfill til i am bullish." You can see that condition is still valid. Nifty could not take it out .
2. For tomorrow trade If red support is taken out then I will be bearish on nifty. On the other side green arrow pink color band upper side is taken out then pink line will become my sl for long but I will initiate long when green line is breached.
3, The area between red line and white dotted line is no direction zone. so if red support is taken out then will take short trade with sl of pink band lower side with the target of white dotted line. But wont go long if white dotted line is not taken out till price again cross pink band lower side.
4. Trade in red to white dotted line range can be tricky as said directionless area. follow conditions strictly . Rest market will decide.
YOGESH VATS
1. In point no. 2 What I said is quoiting for you " a red dotted line is breached today have been waiting for last many days. but now it has to complete new conditions. first it should take out red support line where I put red arrow for down side if do not fulfill til i am bullish." You can see that condition is still valid. Nifty could not take it out .
2. For tomorrow trade If red support is taken out then I will be bearish on nifty. On the other side green arrow pink color band upper side is taken out then pink line will become my sl for long but I will initiate long when green line is breached.
3, The area between red line and white dotted line is no direction zone. so if red support is taken out then will take short trade with sl of pink band lower side with the target of white dotted line. But wont go long if white dotted line is not taken out till price again cross pink band lower side.
4. Trade in red to white dotted line range can be tricky as said directionless area. follow conditions strictly . Rest market will decide.
YOGESH VATS
Comment:
Hi followers,
In yesterday day update I gave 10214 is the area where you find sell setup nifty touched 10148.it means gap down open as per dow since I talked about sell so if nifty gives you chance for sell set up then same lower pink red zone is target. As there was no change in structure so I did not publish idea on nifty. If in any case dow future is at critical trendline break it then you can see more fall to white dotted line. In this move nifty can move range bound so if you create PR then book same. Rest I will update in trading time.
In yesterday day update I gave 10214 is the area where you find sell setup nifty touched 10148.it means gap down open as per dow since I talked about sell so if nifty gives you chance for sell set up then same lower pink red zone is target. As there was no change in structure so I did not publish idea on nifty. If in any case dow future is at critical trendline break it then you can see more fall to white dotted line. In this move nifty can move range bound so if you create PR then book same. Rest I will update in trading time.
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10214 is the area where you can find short setup with sl. Trade carefully it can reverse to. It is just to make your trading easy. Rest follow mentioned conditions.
Cheers..