More dowmside coming up for NIFTYAs we can see despite the strong opening NIFTY failed to sustain itself and fell. We can see a gap pending which can be filled till 18500 levels which is also a psychological level and could act as an important SUPPORT hence any signs of REJECTION around those area would be a good buy with better R:R else its on bearish side as of now
Multiple Time Frame Analysis
CHFJPY 2 sided tradeReasons for short buy
1. If market breaks grey zone, this indicates it wil pull back then go higher
2. Market is already in up trend so ride the continuation
3. Buy until it hits flip zone
Reasons for long term sell
1. Broke daily/4hr trend line
2. Created a CHoCH(change of character) which is not shown on my chart but its there
3. As long as unit holds supply level, you show be looking for sells
GAP FILLING DONE! What’s next..?As we had been analysing since last 2 days that the pending gap is yet to be filled and we did see that gap filling in last trading session! Now it completely depends upon opening of NIFTY as if NIFTY opens above 18500 we might see some pullback or else we can see more of downfall coming up in NIFTY till 18400 wherein signs of REVERSAL could show good upmove so keep watching these important levels
NIFTY is going to remain sideways for now..?As we can see NIFTY had been sideways throughout the day hence making it more room for fall in coming trading sessions! if NIFTY opens strong then we might see NIFTY getting rejected at 18700 levels which is a better place to short! on the other hand if NIFTY fails to sustain itself above 18600 levels we might see a good downfall in coming trading sessions so keep watching everyone
100 points gap filling coming up in NIFTY..?As we can see despite the strong opening in NIFTY it succumbed to being sluggish to negative the whole day which means it couldn’t hold itself at given levels hence if NIFTY opens weak and could not sustain itself above 18600 levels then we can expect a downfall coming up yill 18400 levels but if it opens strong then we might expect NIFTY to reject around 18680-18700 levels so keep watching everyone
BANKNIFTY getting ready for its ALL TIME HIGH now As we can see BANKNIFTY can be seen in consolidation since last few weeks now and had been hitting resistance which is a psychological level of 44000-44150 levels making it weaker ! Hence we can see BANKNIFTY again making new all time high now hence any flat to strong opening can show blasting upmove in upcoming trading sessions so keep watching everyone and make positions accordingly
Sundaram Clayton SwingStock swing can be taken for following reasons :
1) After has a strong sell off market is retracing back to the upside.
2) In retracement it has created a structure indicating it's upside potential
3) Daily structure is tested and 4HR timeframe is also bullish
Stock for Investment Investment Stock - National Aluminium
Key Points-
Consolidation on Monthly TF
2nd swing break level.
Weekly Inside candle breakout.
Pros. (Financials)
1) Debt Free Company
2) Stock PE is around 10 and Industry PE is 24
3) Dividend % in last 5 years- (7-8%)
4) Stock is trading at 1.12 times its book value
Cons.
1) No Sales growth from last 1 year.
NIFTY REVERSED from our magic levels again!As we can see NIFTY again showed weakness in the first half until it reached our level of 18170-18200 levels which has been discussed multiple times before in our post and it showed great REVERSAL from that very level of over 120++ points in the last couple of hours hence we can still see NIFTY being in range between 18200-18450 levels and expected to remain in the range unless it breaks and sustains above or below the given levels so keep watching everyone
NIFTY heading towards 18000 again..?As we can see NIFTY again showed sideways to negative market throughout the day despite its strong opening! Our views still remains intact and we might see NIFTY remaining sideways to negative in coming trading sessions and only level we must watch is 18170-18200 which is its eminent demand zone from where we might expect a closed pullback hence keep watching everyone
SIDEWAYS to negative as analysed! What’s coming up next.?As we can see NIFTY despite its strong opening got rejected around 18400-18450 levels as analysed in our previous post now we can still see NIFTY to remain sideways to negative in coming trading sessions despite the strong opening hence only if NIFTY sustains itself above 18400-18450 levels we can see NIFTY remaining negative to sideways so take trade accordingly
NIFTY might remain sideways in upcoming trading sessions As we can see NIFTY rallied over 150++ points as analysed as we expected a good upmove if opened strong but now it can be seen back in range from 18200 to 18450 levels hence we might see NIFTY getting rejected again around 18400-18450 levels and stay in a range before showing a unidirectional move so keep watching everyone
EURUSD SHORT OPPORTUNITY EURUSD has been trading in bearish sentiment, major tfs like 4H and 15m are trading bearish it has created a CHoCH on higher tf, in 15m as you can price we’re building liquidity, once tapped out on 15m extreme ob it can give good fall from above zone target should be weak low.