HAPPY DIWALI TO EVERYONE
ITS TIME TO LOOK AT THE INDEX AGAIN ON DAILY CHARTS
WE ARE SEEING RESISTANCE @11650-11675 SAME LEVELS ARE EXISTING AT WEEKLY LEVELS
MY SUGGEST BUY THE INDEX ONLY AFTER 11680 IS CROSSED ON CLOSING BASIS ON DAILY BASIS
!!!WILL BE PUBLISHING IDEAS ON DAILY BASIS!!!
FROM NOW WATCH OUT FOR BTST/STBT AND MOMENTUM TRADE IDEAS ALONG WITH PAIR TRADES
Note: This will be 1st in series of analysis that I'll post here, this is just new idea for trading so it is advisable to check at your end before taking any trades. Also, this is for free educational/discussion purpose only, there is no paid material, trainings or channle run by author so do not pay anyone anything for this.
Alright, after high volatility...
TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Appreciate via Liking and Commenting , which boost up my moral for More Post with perfect Entry Exit Target setup.
Wait...
Bulls seem to be back in the driving seat for the last few sessions of the week. Another drop as mentioned in the last report would have given good opportunity to book profits for the shorts carried forward last week. However the bulls were seen returning after positive triggers from the US China meet as well as the Brexit breakthrough. The final vote for the same...
Another volatile week ends flat for major Indian indices. The Nifty and Nifty bank both ended marginally higher in expectation of some truce between the US and China with regards to trade war. However, the street did give sellers an opportunity to go short as per zones given in last week’s report.
Going ahead Nifty continues to be high on the curve and shorting...
Yesterday we witnessed much volatile day, sharp upside and then a sudden fall. while upside most of the trader has trapped but those who were looking on 15 min candle it was clearly indicating a fall but nobody has expected the sharp fall.
@MONDAY
Now what is going to happen on Monday.
Still I am looking for a bullish day, Yesterday we saw a sharp rejection...
Charts reveal that the value area zones have been acting quite effectively and now with the current levels around 11180 attempting to prevent the cascading effect. The next value area lies only around 10960 (red line) which is around 220 points from the current zone. Overall factors do suggest that the Nifty would need a firmer resolve to revive from the current...
Worrisome street eventually gives up in panic ending the week in negative major indices. Nifty ends 300 points lower while the Nifty bank ends down by 2000 points. As mentioned last week both the indices were our short candidate, seems no respite for the banking sector as RBI too was not able to convince the street. Ideally suggesting there is more panic coming...
