Nifty cmp 10732 -initiating shorts in nifty stoploss above 10765
targets will depend on developing price action
Plz do not overtrade
2 risk reward is not defined so you have to monitor trade in realtime
3 trend trade hence can be traded by anyone provided u trade small quantity
4 intraday trade -do not look for exceptional gains rather small gains
Hi all,
The USD and CAD exchange rate reached a important level in a 4hr time frame.
Here, we can find lot of good reason for sell.
In day time-frame, the signals forming a up-trend channel close to the resistance. (shown in graph)
The momentum of the signals, moved in constant bullish trend and stabilising it. (shown in graph)
Back in 4hr frame, Market ...
We can see that at every attempt to break the zone of 155 INDIA CEMENT is getting stronger. So in the third attempt in a 30 minutes chart we can see buyers taking control. On a daily chart 154-155 was a resistance zone which will be broken.
you can buy cash, future or call option . Target 164.
PARABOLIC TREND LINE BROKEN
KEY SUPPORT TURNED RESISTANCE
Sentiment was also upbeat after retail inflation eased to a five-month low in March, but remained above the central bank’s medium-term target, supporting views that monetary policy is likely to remain unchanged at the next review in early June
Meanwhile, Global stocks recovered to three-week highs on ...
Sensex Spot @ 33,752, open @ 33,671., market is trying to form head and shoulder but still not formed , if market break 34,200 then we expect for bullish in coming weeks, and if make potentially head and shoulder and break 32640 then will test 30,400 Levels.
1. For bullish chances are 25%
2. For bearish chances are 25%
3. For being in Range 34,200level to ...
Its a cliche but falling in NSE:NIFTY is inevitable. Bearish divergence in Nifty is clearly seen that indicates a short term but a very steep fall in next week. Year end closing will be bad hurting Returns on Investment of lot of mutual funds.
Short in opening trade on monday above 9980 (or upto 9965) with a target of 9933 (t1), 9686 (t2), 9548 (t3).
A stop loss ...
USD INR spot @ 64.49, as we seen in history, 64.55-60( strong support/Resistance), now market is again testing level, and in a daily chart potentially forming series of higher low, it’s highly expected as it breaks 64.55-60 will test 65.00-65.20. and 64.20 is strong support.
Sensex is trading now @ 33873.44, after making a high about 36,400, was continuous from about 25,700, now it’s at 23.6 fibo level it’s highly expected it would test 32,700( fibo level 38.2) and followed by 31,000/-( fibo level 50%), ((for the positive note as it breaks 34,800 continuous higher))
Indicators are looking weak and triangle breakdown happened. Target level mentioned in the chart
Stoploss: keep the bottom trendline as stoploss level on closing basis
Vijayaraghavan
Kovilpatti.
Most overbought ever...at least till 1970's
If that's not enough please humor me.
What's funny is everyone in the mainstream is defending. Including Warren Buffett.
https://www.cnbc.com/2017/10/03/billionaire-warren-buffett-says-stock-valuations-make-sense-with-interest-rates-where-they-are.html
And this is the response from Cliff ...
