KING OF REVERSAL'S - MAGICAL BREADTH TOOLS
Except Breadth tools, no other tool in this real world market scenarios can capture the reversals so accurately.
Breadth tools will help you to read very precise information on how the volumes are flowing on an Uptick and Downtick.
Understanding tick volume is very important and most of the professional traders use...
Totka used in Idea is called Reverse Fibonacci
Using the previous leg & measuring its 138.2% gave us the top 11117 - can we get the top again at 11320- no confirmation yet so only risky traders to take sell in 11300-11320
Note - Going above 11320 ( Sell call is negated - close all sell positions & out)
Trading Strategy
Plan A - Sell below 11265 on closing...
As per Elliott wave theory Bank nifty price currently trading in Wave (c) of second standard of corective wave pattern. Wave (c) it self five wave structure and todays price is in its vth wave of wave (c). Tomorrow is very crucial day and either side move may come. Lets see either price terminate tomorrow at current price 30550 or touch upper channel line near...
Seek first to understand what is going on BankNifty, to be ready put order.
The price is trading value low which is always good for a long entry.
If there is neither any news nor wrong, the control price will attract the value towards it
.
At the excess, traders can take a long position with stop loss as a comfortable risk for the target at 30800 above.
In...
Hi, What a dramatic day it was. BNF rebounded from previously tested low (Lower limit of S2 range 30,700 -30640, as I had written in yesterday's post) and staged a smart recovery of around 400 points to high. What about tomorrow? Will the upmove continue? Lets' examine.
FII final figures show net selling in all the 3 segments- Equity, Index futures and Stock...
On the biggest day, everyone predicted that market will be one-sided, but that's not really true.
Investors and traders saw the moment and started profit booking. Breadth tools have shown this pretty accurately on the change of interest in the market. Reading this information is very critical for successful trading in Nifty and BankNifty.
Apply Breadth tools to...
KING OF REVERSAL'S - MAGICAL BREADTH TOOLS- 835 POINTS IN 2 DAYS
Except Breadth tools, no other tool in this real world market scenarios can capture the reversals so accurately.
Breadth tools will help you to read very precise information on how the volumes are flowing on an Uptick and Downtick.
Understanding tick volume is very important and most of the...
Understanding TICK volume is very important and most of the professional traders use this information and build custom tools to trade Nifty and BankNifty . They spend a huge amount of Money and time to build systems that are good at understanding the behaviour of other traders.
Reading the general public and traders interest is very important to be successful in...
Sell NF(nifty future) between 11816-24 with stoploss at 11830 and, targets 11754-11742 intraday. Very Important for more profit point is, if volume raise with fall and break below 11725, then ready to see 11500 nearby.
When to take action?
Answer: buy when the price is below value low, and sell while price makes excess above the value high.
The Control price always attracts the price which your profit booking zone.
I'll take action only when making an excess.
This is view of Turning Point trade.
There're two excess found above the Value High.
3-price rotation, on the value area.
Above the control price, there are not trading activities detected.
Last closed price is at control price.
Conclusion, Buyers always look at excess 28429 of value low and sellers attraction should be at excess 29316 of value high.
The Gravitate price is being played such as magnet which has a yellow color with a number (0) to (8). If you see it closely from left (0) to (8).
We have seen selling and profit booking with high of 30058 which is also written by me. price is going to hit at "blue-channel-line" which is the point at 29387.
I have written yesterday: Don't overlook the BLUE...
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
