Nifty is in uptrend from March 23 (yellow trend line). ROC had made top of 5 and continously declining . (Yellow line slope on ROC. ROC is change in price b/w current price and price for certain no of periods ago.) This means current price is declining continously wrt to price certain no of periods ago, but nifty is moving continously in upward direction. This...
It would be very interesting to observe what happens when 1. Price opens within the range marked of Red, Blue and Green Lines. 2. Price opens below / above the range but within the range of the previous day 3. When there is a Gap up and Gap down opening. If You are studying the charts in lower Time frames and observing price action, Let me know in comments your...
It would be very interesting to observe what happens when 1. Price opens within the range marked of Red, Blue and Green Lines. 2. Price opens below / above the range but within the range of the previous day 3. When there is a Gap up and Gap down opening. If You are studying the charts in lower Time frames and observing price action, Let me know in comments your...
30th January,6th, and 13 Feb week were indecisive weeks at 34387. Today Dow had reversed from the same indecisive level which means Dow is not able to take out that resistance. Dow is looking like a shooting star bearish reversal. If Dow ends up with this candlestick pattern then With Sl of 50% of today's high and low, a short opportunity arise. Having said that...
I have posted enough Charts here for one to see how the price responds at the lines marked. We can go down to lower Time frames of 5 min and 3 min to study the price action . It would be very interesting to observe what happens when 1. Price opens within the range marked of Red, Blue and Green Lines. 2. Price opens below / above the range but within the range of...
I have posted enough Charts here for one to see how the price responds at the lines marked. We can go down to lower Time frames of 5 min and 3 min to study the price action . It would be very interesting to observe what happens when 1. Price opens within the range marked of Red, Blue and Green Lines. 2. Price opens below / above the range but within the range of...
I have posted enough Charts here for one to see how the price responds at the lines marked. We can go down to lower Time frames of 5 min and 3 min to study the price action . It would be very interesting to observe what happens when 1. Price opens within the range marked of Red, Blue and Green Lines. 2. Price opens below / above the range but within the range of...
I have posted enough Charts here for one to see how the price responds at the lines marked. We can go down to lower Time frames of 5 min and 3 min to study the price action . It would be very interesting to observe what happens when 1. Price opens within the range marked of Red, Blue and Green Lines. 2. Price opens below / above the range but within the range of...
Nifty on 29th May was trading in range 18650 to 18550. From last 2 days nifty again had made side ways from 18650to 18550 levels. Nifty support was 18580 before 8th June which was broken. But nifty recovered and went back to 18650. Point here is nifty is less volatile, which can increase in day or two. Nifty range is fixed at 18550 and 18650. Any move above and...
As said on 9th June to sell 1 lot call and 1 lot put . Hedge by selling 1 nifty future. Today nifty is as same level and options had lost value . 18600 ce and 18600 pe both have lost 50 Points and nifty is at 18606 . This side ways may continue till green trend is not broken comfortably
I have posted enough Charts here for one to see how the price responds at the lines marked. We can go down to lower Time frames of 5 min and 3 min to study the price action . It would be very interesting to observe what happens when 1. Price opens within the range marked of Red, Blue and Green Lines. 2. Price opens below / above the range but within the range of...
I have posted enough Charts here for one to see how the price responds at the lines marked. We can go down to lower Time frames of 5 min and 3 min to study the price action . It would be very interesting to observe what happens when 1. Price opens within the range marked of Red, Blue and Green Lines. 2. Price opens below / above the range but within the range of...
Since 2009 MSCI All country World index is in parallel channel. 77-72 is imp range to have bounce
As discussed yesterday nifty should hold yesterdays lower high . Today it had broken lower high and approaching support at uptrend green line. As per risk management long in nifty should be covered . Since Uptrend Line support is only 100 points, Also said Nifty could trade side ways from 18450 to 18700/800. this make nifty as no trade zone. in this market one...
Nifty was just 100 points shy of making tripple top. Profit booking dragged nifty in red. Onth way down nifty had made new lower higher. 18478 on 2nd June. 18531on 6th June and 18615 today 8th June. The long term up trend is intact as far as nifty is holding 20DEMA at 18450. (Doted green line). If nifty not able to hold the lower high of last 7 days @ 18615,then ...
Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize...
Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize...
BUY ABOVE - 18740 SL - 18700 TARGETS - 18780,18820,18870 SELL BELOW - 18700 SL - 18740 TARGETS - 18640,18610,18580 Trade safe & maintain your stoploss strictly