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...
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...
Nifty 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...
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 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...
Bhel 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
...
