Guys today was RBI Policy Announcement Day and its pretty volatile day. But YSG Magic Levels gave a very clear signals and we made really good trades. If you have any questions and comments please feel free to post on the comments and we will reply.. Enjoy
This describes the support & resistance for different time periods. One can set the number of candles for back testing the candles. Based on size of the candles, dynamic S&R zones will be plotted on the chart. Best time frame is weekly for long, hourly for short term, daily for medium term
Bearish Alt AB = CD (1.13 Ext.) Can Short at "TFZ / HZ #1 => 11342.7 - 11361.5" (Spot) / 11363 - 11377 (Fut) Can Short at "TFZ / HZ #1 => 11342.7 - 11361.5" (Spot) ...levels plotted 7 mentioned in Chart. Some important Data: PCR: 1.38 (Over Bought 1.4 - 1.7) RSI(14): 73.99, RSI(9): 66.75 BB: Closed Above BB IndiaVIX: 12.31 (Prev. - 12.03)...
NSE:TITAN TITAN-Breakout above 900 give 920... Gud uptrend in 1D TF also,..
NSE:BAJFINANCE Long term trendline retest is happening... Short below the trendline... with previous candle high as stoploss...
NSE:YESBANK In previous support, Three inside candles and Symmetrical triangle,... More chances of breakdown...
NSE:HDFCBANK After a long time...Evening star in a uptrend... Breaking 2135 will lead more downside... Bearish divergence in RSI...
NSE:VEDL LL/LH formation in progress.... LH formed... Now in trendline resistance.... RSI in Ascending triangle... Expecting a downside breakdown... RSI is in overbought level in 1hr TF, but in 1D TF RSI is in Bull zone above 50, which indicates, bulls active in VEDL.
The S&P500 seems to have tested the upper channel of the bullish range. It should correct to 2450-2600 soon. Anything below 2400 would be a change of trend from bullish to bears taking charge.
btc going thru a healthy correction (stable dominance) , this correction can go deep as 7670-7750 . many confluences in that zone , SMA (simple moving average) 22 can create a strong support here also the long term declining trendline retest is almost here . 7700 zone is perfect longing opportunity IMHO . if this support holds & btc takes bounce from this zone...
Education purpose only.
buy on 5min orb for 9850+ to ride the momentum. may face resistance at previous highs
Hope it was good day for all .. Today was another tension free trade
+250 points .. Hope all made good profits today, as the markets moved one way..
Chart is descriptive
The stock has been rallying continuously and consolidation is expected
Price is moving high and high but RSI is not showing any strength...it's flat. So is it indication of downtrend in short term? Please someone advice.