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Downtrend

Nifty Today: “Banks Underperformed ” - 17 Feb’22 Nifty View: In today's trading session, banking stocks were the culprit as the Nifty index lost close to 50 points to post a close at 17,266. The underlying trend of the Nifty is still very much down, and after today's negative close, it has confirmed a lower high and lower low on the daily timeframe - this means that the probability of the downside is marginally higher than a bounce back. Any bounce back from the current levels needs to be meaningful enough and has to take out the immediate resistance of 17,500 for any possibility of serious upsides. Unless that happens, the selling pressure will likely persist. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
Nifty Today: “Todun Taak” - 14 Feb’22 
Nifty View: Significant fall for the Indian equity markets in today's session, the benchmark Nifty index loses more than 500 points to post a close at 16,809. The short-term trend of the index is now down again, and considering the momentum with which the index corrected today, it is very likely that the selling will extend further this week. Today's close across most of the sectoral indices and most of the large-cap stocks were pretty weak, near the lowest point of the day, and so it will be prudent to wait out a few days for the selling to slow down and then try to attempt any long trades, if at all. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
0
by Abhijit_Paul
2
Nifty Today: “Bounce Back Indeed, But too early to call a BottomNifty View: Benchmark Nifty index managed a healthy bounce back in today's trading session. At a close of 17,273 the index managed a marginal positive gain of just 54 points but what was more encouraging was a healthy bounce back from the intraday low of 17,048. At this low, the index is teasing the psychological level of 17,000, a break below which can bring in new weakness. On the upside, the confluence of residences now stands close to the 17,450 mark. It will be important to observe in the next few trading sessions whether the index shows the strength to carry itself further and break above the immediate resistance zone. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
Nifty Today: “Fresh Weakness” - 07 Feb’22 
Nifty View: The benchmark Nifty index loses more than 300 points in today's trade. With this fall, the index goes back to an underlying downtrend which increases the probability of further downsides. But considering the fact that the intraday charts are stretched on the downside, we should not discount a short-term bounce back before any kind of further weakness. In case we notice any such short term bounce back, it will be essential for the nifty to break above the immediate resistance zone of 17,450–70,550. Unless this hundred point range is taken out by the index, one should continue to stay bearish in the market and expect further selling. Strategically this is not the best time to go aggressively bullish, and so it will be prudent enough to stay on the sidelines or create bearish opportunities. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
3
HIGH AND LOW STRATEGYIN THIS VIDEO I HAVE SHOWN SOME IMPORTAND POINTS REGARDING HIGH AND LOW STRATEGY -High / Low strategy: Key Points -Understand the Direction of Market / Stock -with previous Day candles High & Low -Stock Selection: 2 to 7% work well with 52wk High/Low -Mark Support and Resistance in a Day time -Then check in 15 mins time frame frame -Keep SL as days low just before the Breakout/Breakdown -TGT can be Previous High or 52wk High and above (Use Support and Resistance) Do's & Don't -Preparation: After Day ends or Before Market Start in the morning -Risk Reward Ratio: can be 1:1, 1:2 and if you are lucky then 1:3 -This Strategy works only after 10 AM and before 3:00PM -Stick to the system for SL / TSL -Breakout / Breakdown : Entry in the trade after Breakout / Breakdown next candle. THIS ARE SOME SIMPLE AND IMPORTANT RULES OF USING THIS STRATEGY WORK ON FOLLOWING PONTS WHICH I HAVE MENTIONED IN ABOVE AND TELL ME YOUR RESUTS IN THE COMMENTS BELOW ALSO DONTS FORGOT TO LIKE AND SUBSCRIBE THIS YOUTUBE CHANNEL AND ALSO SHARE THIS VIDEO WITH YOUR FRIENDS . . . . THANKS FOR WATCHNG.......
NSE:BAJFINANCE
by gauravkale5528
2
BHEL in The IslandBhel Looks Portfolio Stock Because • Positive Divergence (RSI) • Timing wise already consumed 12 years which is more than 7-8 years rally from bottoms of 11 to 390-400 zone going into 2007-2008 Financial Crisis Period • Key Reversal Candle from lows of 40’s is confirmed recently. Short term Trading Strategy Plan A - Buy above 61 for 77-80 Target zone Plan B – Sell below 55 for 49-50 / If holds below 48-49 can slip further downside to 45 Thanks for watching the video & your support.
NSE:BHEL
by WaveTalks
49