NSE:JUBLFOOD firts short till PRZ level and If One cud find reversal at Prz then long der
Nifty saw quite a few sectors participating today, it closed with reasonable strength too. 11750 can be used as stop for longs for tomorrow (28th Oct.) Trade long using bull spread utilising 11800 and 12000 Calls. This post does not encourage speculative trading in financial markets, cosult your financial consultant before taking any investment decision,...
Taking beraish view with high as stop Taking it as hedge trade
Important levels are mentioned on chart.
This is the second red candle that opened above the previous close of a red candle. Nifty may take support now. This doesn't mean that you go long, NOT at all. The sentiment still remains Bearish. It may take support and spend some time here, maybe a dead cat bounce and then continue it's downward correction. If you have already short it and haven't booked...
Nifty - 10630-680 zone looks important to cross for further upside. I feel market will consolidate within the range of 10480-10680, before making a decisive move in either direction. Looking the chart will give you an idea of how these levels are reached at. Holding 10562 is important for short term uptrend, it is PDL as well as low of hanging man pattern that...
There is something worthy of noticing w.r.t. the rising channel Nifty is moving in and RSI divergence, this time. 1. While the Nifty has made a higher top, RSI has failed to do so. This RSI divergence is seen after a long time, as RSI is considered as a leading indicator, this can't be ignored. 2. Nifty has not touched to resistance line of this channel this...
ON COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE IN NIFTY TODAY. 1. In trade plan I clearly mentioned that is quoting for you. " market is near to change its trend so be careful for long sides trades." . This was the first line of trading plan . you can see how nifty fell from top today. What is going to happen in any index or stock I try to share one day...
COMPARING MY TWO DAYS BACK STATEMENTS WITH REAL MOVE TODAY IN NIFTY 1. In point no. 2 I clearly mentioned that "if red color support is taken out then I will be bearish on nifty". You can see yesterday nifty remained up but in range did not take out red support line. In fact no condition was violated by nifty so I did not publish new idea, In fact both days i...
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...
Comparing saturday statements with two days real move. 1. The title of my saturday post was "ARE BEARS GOING TO BE TRAPPED ON 26-5-20" See yourself in two days all bears were trapped that is why I did not provide yesterday any analysis . whatever I shared That was enough for two days move. Now see yousellf. Quotting My words in last post. " In trading plan...
NSE:NIFTY Trap is created in nity for bears to enter in current phase of nifty. See a pink color upper zone where price has reached to lower end of this zone. A reentry point has been created by bulls in white support line where they will test the demand to take price up from pink upper zone in coming days. A white structure move shown in fig is the pattren that...
As told in our last post to look for 10800-10850 in coming 30 sessions, we already saw it on Friday when Nifty posted low of 10848.85 What's next ? Connect to our Twitter handle "TradeTechX" to know more . Whatever we publish is for educational purpose. Taking decision to trade based on our view is solely at your discretion. We just publish material to make...
A " Spike " can generate after breaking-out area between Value High to Contro Price . The " control price " always attract value toward it. The intraday Resistance 12003 nearby and Support 11936. There is actually two channel, One is a " major channel" which is still exist because its an excess. If the price starts to fall then, we can more and more...
Hello all there is short term buying opportunity in the market, Kindly use this Recommendation for trading or watch this move. NIFTY INDEX : Buy - current price, SL - 10690, Target 1 - 11000, Target 2 - 11100, Target 3 - 11200 Buy Call options in NIFTY INDEX. Strike Price - 10900 to 11200 and for exit watch NIFTY spot stop loss and target. Buy NIFTY FUTURES...