Nifty has shown a clear cut breakout on charts. comparing it with Dow, Dow jones Fib Retracement is around 0.618 fromt the March lows. now you may be saying why are you publishing dow index when our main index is Nifty50. just to show that the dow is coming out of bear market and we are not have come out of bear market. we ( Nifty ) are at the retracement level of...
Key Levels for NIFTY50 : Search OPTIONSCALLFREE on Telegram
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
#Coromandel @ 645 | 29-May-2020
- Accumulation can be initiated in the Green Zone for a mid term holding period
- Positional stoploss @ 622
#Nifty #Nifty50 #NSEUPDATE #BSE #Sensex #NiftyBank #Fertilizer #Auto #FMCG
These are the Important levels for the Nifty BUY & SELL
* The Pink Lines are for Buying Points
* The Black Lines are for Selling Points
Through This we can Find the Momentum of direction to trade in Nifty Options
This Levels are only for Education Purpose....
GRASIM HAS BEEN TRADING IN A PARALLEL CHANNEL FOR SO LONG AND NOW ITS AT THE MID ZONE OF THIS CHANNEL WHICH IN THE PAST HAS ACTED AS A SUPPORT AND RESISTANCE BOTH.SO IF GRASIM BREAKS TODAY'S HIGH ON MONDAY IT IS A LONG AND CAN MOVE NEAR THE UPPER END OF THE CHANNEL BUT IN CASE OF BREAKING THE LOW IT MIGHT RETRACE BACK TO THE DOWN END OF THE CHANNEL.
LET US COMPARE MY YESTERDAY STATEMENTS WITH ACTUAL MOVE.
1. In previous post I clearly mentioned That " on taken out pink zone either by gap up or while trading in day you will see white dotted line next target." You can see price breached and made bullish candles . Have you ever noticed one thing in my blogs When I share any condition that market fulfill then...
Amrutanjan @ 339 || 29-May-20 || 01-HR
- Is it preparing for an upward level ?
- Let see the price action - BUY once it crosses 347
- Only caution is MACD - so watchout how MACDline functions till the time breakout comes.
#NSE #Nifty #Nifty50 #Sensex #NiftyBank
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY.
1. In previous post point no. 1.trade plan " since price is in red box it can down or consolidate for quite sometimes then if crosses red zone next target is pink box." This is what I shared with you all. you can see in fig price opened gap up from red zone and travelled to pink box . And spend almost four...
Thanks you for expressing your interest in Trading system that I’ve backtested on Bank Nifty and shared the results over tradingview.com.
A friend has told me about this system and I backtested this manually out of sheer curiosity.
Follow is how this system can be applied and used.
*Step - 1*
Rule : Mark high and low points of first 15 minute movement / candle...