I daily make educational content videos for swing / positional trading
Though overall is still bearish but we will experience a bullish momentum in price this week for the hunt for sellers before price continues below.
Recent price action has been printing LH and LL and also about forming a head shoulder pattern in the 15M TF showing a short at the opening of the market... Price might reverse at the 62% fib. level in the 15M but not untill it breaks above 50% / 38% fib. level aggressively then we look for a long to the previous HH.
I daily make educational content videos for swing / positional trading.
Closing Range - 19312/19537. Extended range 1 - 19230/19619, Extended range 2 -19125/19724 Nifty closed in Green with low volumes (maybe due to festival) but couldn't surpass high of the last session. The candle formed conveys indecision on both day & weekly timeframe. 20 DMA down by 20 points since last session & provided support to Nifty. 100 DMA inched 10...
Closing Range - 19283/19505. Extended range 1 - 19202/19587, Extended range 2 - 19104/19685 Nifty formed a long red bar in the last session with decent volumes. Close above the channel in the last 2 days would have been more convincing if body of the candles were bigger. 100 DMA is providing resistane to Nifty as expected and 20 DMA is providing support. Nifty...
I daily make educational content videos for swing / positional trading
Closing Range - 19292/19519. Extended range 1 - 19208/19603, Extended range 2 -19095/19716 Nifty formed another Hammer and closed outside the downward trending channel for the 2nd day. Also, the close is above 20 DMA which will now act as a support 100 DMA at 19469. Next trading session will be volatile owing to Nifty's weekly expiry. This may put Nifty to the...
I daily make educational content videos for swing / positional trading
Nifty formed a bullish Hammer today with decent volume giving confirmation to the Bullish Kicker candlestick pattern formed yesterday. All these helped give Nifty a close just above upper edge of the channel. Though a confirmation candle in next session will confirm if the bullish move will continue, but Nifty is likely to remain in a positive territory, though at...
Closing Range - 19298/19523. Extended range 1 - 19216/19605, Extended range 2 - 19112/ 19710. Nifty opened gap up to form a Bullish Kicker candlestick pattern and closed near the upper edge of the downtrending channel. Volumes are slightly below average & closing in the next session 2 sessions is going to be extremely important to decide market direction post...
Closing Range - 19120/19339. Extended range 1 - 19039/19420, Extended range 2 - 18941/ 19518. Nifty is inching awary from 200 DMA in every session but the real test will be when it reaches the top of the downwards trending channel. Unless we see a close above the channel on a day time frame and preferrably with another day's confirmation cancle, we need to be...
IOC is Good For Buy Now @ Current Price or Buy @ Retest Level 92 to 93 Level WIth Stop loss Level @ 86
I daily make educational content on swing / positional trading
Closing Range - 19022/19243. Extended range 1 - 18941/19324, Extended range 2 - 18846/19419. Looks like the Fed event bought bulls back into the system while bears contine to rule, collectively giving a Doji. Middle of the channel is a strong resistance, which Nifty couldn't breach in the last session. That said, Indiavix cooled by 8% indicating a limited...
In this video we discuss how Dollar affects our Indices and how we can trade the markets accordingly with its help.
I daily make educational content videos for swing / positional trading
markett me gjabbadst giravt dekhane ko mil sakti hay