BUY OR SELL NIFTY ?? As of 1 June 2020 Nifty Entered Bullish Trajectory for short Term .. Still Holding the Bullishness.. What to do Next.. 10176.20 is Important Decision Level if Nifty Closes and hold this level than buy can be initiated For Near Term Target of 10600... But again if Nifty Slips down closes below 9940 level than a Short position can be Initiated...
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY IN NIFTY. 1. In my previous statements point no. 4 I quoted that t " to show shooting star power if strong bears entered at this stage then they should break red dotted trend line as well as red solid horizontal line with taken out condition. only then trend will reverse to down side. " You can see...
COMPARING MY YESTERDAY STATEMENTS WITH ACTUAL MOVE TODAY. 1. In previous post on nifty I mentioned very clearly in trading plan point no. 1 is quoting for your consideration. " blue line resistance is your target. but take it seriously it can change whole trend ". You can see in fig when price reached there till 4th candle first candle high was not breached....
The index has been on rise for the past few days and the bulls are charging with full force. It has given a strong closing today near the much awaited 10,000 mark even with all the negative news hovering around us. In the daily chart,there are gaps which have not yet been filled, and a possibility of movement towards 10100-10150 is possible once 10030/40 is...
COMPARING MY YESTERDAY STATEMENTS WITH REAL PRICE MOVE TODAY. 1. In point no 1 of trade plan see first line " at red resistance line you can see nifty made an evening star pattern . It is activated as next candle is below previous candle close is below previous candle. so watch whether it breached red dotted line to change trend of upward side. if it is done...
Resistance 11300 (red) if it breaks 13600 (green) new ATH
COMPARING MY PREVIOUS STATEMENTS WITH REAL MOVE TODAY. 1. Two sessions back what I have already quoted in previous post need not to highlight again. I clearly said that structure of nifty is of long side and will achieve its white dotted line in day or two. This is the second session and that target of long is achieved. you can see in fig. 2. In last post...
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...
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...
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...
Current Situation: Nifty is trying to move up But, Gravitation pull back is strong Direct fall Because of bad news. NEWS plays a very vital role in the market condition. From Year 2008 Following the same channel till now. Falling range 1260-7474 =" -6,214" "Value area" it is called as where the trading most happen. "No Trading Activity" is where no...
FII bought 19.2 K contract of Index Future worth 1283 cores, Net OI has decreased by 2.5 K contract, 8.2 K Long contract were added by FII and 10.8 K shorts were covered by FII. Net FII Long Short ratio at 0.90, So FII used fall to enter longs and exit shorts. Nifty open with gap up bulls were able to enter above 9132 but missed our target by few points as high...
1. In this chart I circled price behavior in green at all levels provided few days back give the correct information of frequent entry and exit . If anybody has the knowledge of how much any move whether with trend or counter trend will travel in correct direction can perfectly work in intraday trades with the help of given support and resistance in this range...
As of now bounce from 7511-9889 looks like corrective bounce and nifty can decline again towards 7511. Only a sharp bounce above 9584(without breaking 8807) can save nifty from falling towards 7511.
COMPARING MY YESTERDAY STATEMENTS WITH TODAYS REAL PRICE MOVE. 1. In my previous post I said in point no.1 a ref line in daily chart is intact so market can move down . it means one has to be in shorts till this yellow ref line is intact. But when in day after 1.30 nity cahnged its sentiments by breaching it ,there was no logic to be short. That is why given...
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE IN SGX TODAY. 1. In my last statements point no 2. I clearly mentioned that if price till morning do not cross green dotted line then gap up opening can convert into flat. But you see price crossed dotted trend line so market opened gap up. see in fig. I gave the cross area in yellow color which does not provide...