COMPARE MY YESTERDAY STATEMENTS WITH REAL MOVE IN NITY. 1. In point no3. yesterday I gave you target of white lower dotted line in down side. See the pefection of this level. Aggresive bulls took entry by confirming this micro zone with red band of upperside. That has been maniested yesterday. In point no.4 I showed you green dotted trendline with the...
Nifty is in a clear downtrend, the positive news of economic stimulus and resuming commercial activity could not help it retain higher levels. Daily RSI is at 47, which is the lowest levels in past 14 days, MACD though above the signal level, but receding histograms are indicating weakness, crossover can be expected in comming days. On 9EMA on 21RSI system, it...
COMPARING MY LAST STATEMENTS IN SGX WITH TODAY ACTUAL MOVE. 1. Yesterday in point no. 3. I mentioned that untill and unless a green trendline is breached nifty can go down with the target of red zone . But it breached in morning that is why nifty did not show big fall. 2. yesterday in sane point no.3 I also mentioned that when price will reach at red zone a...
We should not buy the 1st dip in the morning today, Nifty trading around 9390 which is the previous swing high. Nifty still has room to go towards 9260-9175. There is a Gap to be filled at that level. Trading requires a clear trading plan and trade management. So here is a clear trading plan. Entry Between 9200-9250 Stop-loss 100-125 Points away from Entry...
COMPARING OF YESTERDAY STATEMENTS WITH NIFTY TODAYS MOVE. 1.I SHARED WHITE SOLID LINE ON FRIDAY , MONDAY PRICE TOOK SUPPORT AND TUESDAY GAVE 160 PTS GAP UP OPENING. BUT COULD NOT TAKE OUT WHITE DOTTED LINE . AS MENTIONED YESTERDAY LONG CAN ONLY BE INITIATED WHEN DOTTED LINE IS TAKEN OUT. RATHER PRICE BREACHED SOLID LINE SUPPORT. SECOND CLUE OF WEEKNESS , FRIST...
COMPARING OF NIFTY SATURDAY ANALYSIS WITH TODAY MOVEMENT 1. IF YOU REMEMBER ON FRIDAY'S POST WHICH WAS WEEKLY ANALYSIS, I SHARED BEARS ARE GOING TO BE TRAPED. IN FIG I SHARED A WHITE SOLID SUPPORT LINE AS ENTRY POINT. SEE TOADAY'S CANDLE ,IT TOUCHED EXACT SAME SUPPORT CIRCLED IN YELLOW . I WAS EXPECTING THIS POINT TO COVER IN 1 TO 2 DAYS. BUT IT COVERED VERY...
2nd time Nifty stopped at 9400, tomorrow if it breaks I will be bullish, will need to close below 9290 to break the trend.
Please correct me if I am wrong ..as there was trading holidays less volatility FII buying Short Covering Does the current upmove is backed by volumes What's your thoughts?
19701 will bring bears to control the scene. Other levels are mentioned on Chart. Monday markets will react to new SEBI norms too, also the rally in global markets may get fizzled out completely on the back of deadlier spread across Europe, USA and India. Cautions approach is important in an uncertain environment.
Short Nifty 12025 - Stop-loss 12162 - Target 11340 Risk/Reward 1:5 We have often seen the Market making big moves to the opposite side of an unfavorable event. The Rally after so-called disappointing Budget is such an example. The majority of traders considered the Budget as the trigger for the further downside. But Market rallied taking support at 200 SMA at...
Nifty pulled back in a converging wedge pattern till golden fib 61.8 level and developed a clear bearish engulfing candle pattern in 30m chart. Short trade can be initiated below 11380 (spot) tomorrow with stop loss at 11480 with a target of 11110 (RR>2.5). Trade is not recommended for intraday traders with capital less than 1.5 Lakh Rs.
In Nifty we can witness a selling pressure on current levels....selling on rise will be a good bet....possible levels are 10855-10789-10676.....respect risk....happy trading
ghstocktrading.webnode.com NIFTY 50: WEEK-TECH-SHEET->26th August 2019 to 30th August 2019 Nifty 50 moves around +385.20 pips from 26th August 2019 to 30th August 2019, in which nifty 50 did not break last week 19th August 2019 to 23rd August 2019 top nor bottom. Nifty 50 AUGUST = --544.30 pip
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...
level mentioned in chart.
As usual description is in the chart :)