Indianmarket
Nifty- Nation's Blood- Selling The Tops@11,117Correction - New Blogs can be checked on left top corner as compared to right top corner suggested over the video.
Trading Strategy
Plan A - Buy in 10650-10675 zone with strict stoploss below 10620
Targets - 10780-10800 / Buy Above 10800 for 10890/10925 / Above 10925 for 10985-11,000 & More only above 11,000 levels.
Plan B - You can sell if you see index stopping or halting between 10780-10800 or stops between 10890-10925 or stops between 10985-11,000
Plan C - Sell below 10585 - Should not move above 10625 after falling below 10585 -look for targets 10325-10350 & Below 10300 for 10125-10150.
Thanks for watching this video & your precious time.
MARUTI - STRATEGY FOR SWING TRADERS!- LONG TERM INSIGHT! HIGHLIGHTS:
1. Successfully hit 0.618 Fibonacci level(also the R1 of the pivot).
2. Currently hanging at the 0.382 Fib level.
3. Price closed under MA(26): 7059 - good bearish indication.
4. Hidden Bearish divergence on RSI.
5. Expecting a fall to the central pivot(6829).
6. If the pivot hold, then LONG positions can be opened till the 0.382 fib level or till the price reacts with the downtrend line.
7. Break down from the pivot will cause it to fall further towards 0.236 fib level or even the last important swing low. In that case, SHORT positions can be taken.
8. Overall trend is Bearish.
9. Always use a Stop loss.
Marked swing & pivot points, trend line and Fibonacci level can be used for trading.
Try to lookout for confluence of these parameters, don't trade solely using any one of these parameters.
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal.
Invest your capital at your own risk.
Nifty 50, Elliot Wave AnalysisHi Guys,
Nifty is entering in the very crucial range(10900-11200), and how it going to behave in this consolidation range is going to plot the further trace about it. But as of now, there is a clear wave pattern formation is visible on the charts correction is still pending according to Elliot Wave theory, whether it is for the 10-year long bull run(Target around 8000) or the 2-year long bull run(target around 9200), Market can't be like just go on in simply one direction. So here is the tricky part, as long as most of the people are not convinced that it is still a bull market(nowadays people are much more concern about the market crash) it won't crash.
So as long as it doesn't cross 11200, 9200 is still on the table. and from here risk-reward is also much favorable.
These are only my thoughts, not financial advice. Though I am certified for that.
Will love to hear your thoughts.
INDIA VIX - OPTION SELLERS BEWAREVolatility is back in the markets after a while and does not look like it will cool off anytime soon.
Another series of spikes is expected which can take INDIA VIX to 25.
Weekly chart of the volatility index shows the range between 16-25 for coming months.
High VIX = Inflated premiums on option contracts.
For beginners ,
India VIX is a volatility index which measures market expectations of near term volatility.
It indicates the investor's perceptions of the market volatility in near term and is based on Nifty OTM options. Higher the India VIX values, higher the expected volatility and vice-versa.
As the volatility index rises, one should become careful as the market can steeply move into either direction
- Animesh Vashisht
usdinr support resistance crudeoil important factor for india and is going in the country's side will appreciate Indian currency and a lottt more !