Beyond Technical Analysis
RM- PRICE ACTION WITH SL - INTRADAY ONLYHi,
After long time. Hope you all enjoyed my post on NIFTY. It is exactly happening as i was told or published earlier.
Here i am with my new trading system and for sure it will give you better trading opportunity.
Please watch complete video. Any question don't forget to ping me. Happy trading to all my friends.
SBIN-Are You Turning Your Trend Line Into Traders LollilopTrading Strategy
Plan A -
Sell Close to 307-308 Highs -Once You get in 303-306 zone with strict stops above 308 Highs
Plan B -
Sell if Holds & Goes below 300
Plan C -
Buy for Explosive Upside Target as suggested in "SBIN -Ulta Pulta Idea"
Targets
Target 1- 280
Target 2- 265-270
Thanks for checking the video & do support if you like the idea. Happy Trading Week Ahead. Follow Proper Risk Management. Cut your losses / Hold your profits.
SBIN - Ulta Pulta Video Idea
SBIN - Picking the Tops at 307 for 277 - Hot Trade as picked the top close from 307 at 306.50
Nifty - Magical Charm (Totka) @11320Totka 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 basis as discussed
Plan B - Risky Sell close to 11300-11320 zone with stops above 11325
Downside Target
11000-11025
Below 11000 - 10940
Below 10890 for 10750
Below 10730 for 10620
Only further selling if double bottom@10585 gets broken
BankNIfty trading is Consolidation pattern (Wedge), NSE:BANKNIFTY
'A Slience before the Tsunami'
The current move explained through video Analysis. This slow upward movement is an indication of something bigger should be expected from the market.
Quote:
“If you spend your whole life waiting for the storm, you’ll never enjoy the sunshine.”
— Morris L. West
NIFTY 50 2018 RECAP NIFTY 50 2018 RECAP
nifty 50 performed only + 3.29 % for the whole year, in which 28th august 2018 top 11760.20 consider to the year top where as 23th march 2018 low 9951.90 consider to be year low. nifty completed (+ or -) 1808.20 pips which seems to be range bound, for the upcoming year 2019 if nifty 50 breaks 28th august 2018 top: 11760.20 and sustains above that, we can expect a positive year
BANK NIFTY 2018 RECAP BANK NIFTY 2018 RECAP
bank nifty performed only + 6.46 % for the whole year, in which 28th august 2018 top 28388.65 consider to the year top where as 23th march 2018 low 23605.60 consider to be year low. nifty completed (+ or -) 4783.05 pips which seems to be range bound, for the upcoming year 2019 if bank nifty breaks 28th august 2018 top: 28388.65 and sustains above that, we can expect a positive year
NIFTY 50 READY FOR THE ROLLERCOASTER RIDE nifty 50 moves positive around 96.30 pip which starts at 10850.90 went down below 10819.10 breaks previous 17th December 2018 top 10899.80,
if it continuous to break today’s top 10915.40
wait nifty 50 to break previous week 3rd December to 7th December 2018 top 10943
Buy @t Entry : 10946
Stop Loss : 10843
Target 1 : 10968
Target 2 : 10976
Target 3 : 10993
Target 4 : 11043