TARADING PLAN FOR NEXT DAY 20-5-20 1. Threre is nothing to compare in my last statements with actual move , as nifty made inside candle so nothing to compare. A yellow line is intact so nifty is ready to go down to blue zone. That I said yesterday and sticking to this point. If dow today closes in bearish down candle then tomorrow this move will continue....
COMPARING MY PREVOUS STATEMENT TO REAL MOVE IN SGX TODAY. 1. In previous post point no.3 I clearly told you about the condition of green doted line quoting my words " morning star parttern is seen that has been tested in next candle. If it really works then green dotted line will breach and price will go to in 1st micro zone ." You can see price breached the...
COMPARING MY FRIDAY STATEMENTS WITH REAL MOVE O TODAY. 1.In previous post point no.2 every thing mentioned crystal clear, " I expect gap down open with the target of pink support." . Any body can see the price touched exact pink line even did not take any support from line. Every day I show you the precision of my zones, srpport,resistance work so accurately...
I hope you can now see how the NIFTY represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
Switch off all the noise around you and just focus on the chart. Nifty is trading at some sort of long term support. If you are longterm investor then buy NIFTYBEES at every support, even after you buy let is go down another 50% no problem. Index in longterm has to go up there is no other option. Its almost impossible to loose money by buying index for a longterm.
COMPARING MY LAST STATEMENTS WITH REAL MOVE IN SGX NITY 1.In point no.3 I clearly mentioned that a divergence in price to volume is seen this can test the lower limit of red zone which you can see in fig I circled in green . Same happened. That is whyI always say market show friendship with my analysis. 2. Now next what? In nifty post with upper time frame I...
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...
This could play out because both Daily RSI and Daily MACD are still positive alter the recent pullback. I expect a retrace to 50% FIB or more before the final Wave 3 pullback.
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...
Nifty seems like going short but the upcoming news can change the trend to upward but technically its down for 8900 level. im bearish on Nifty
COMPARING MY YESTERDAY STATEMENTS AND TRADING PLAN. 1. Yesterday I mentioned that between red and green arrow is no trading zone. Beacause price will hunt for sl in both sides . Traders in both sides will not get good profit rather will be trapped in both sides. This happens in trading range. Therefore , avoid to trade in no trading zone. Nifty though did not...
Nifty has a strong support at 9000 and POC at 9300 level in daily time frame. Nifty likely to break 9500 in coming weeks if it sustain above 9300. Below 9300 Nifty can test 9000 level if it breaks 9000 (lets not hope that.) will have run towords 8000 level. Trade setup long if nifty nears 9300. Short if nifty breaks 9300 level
COMPARING MY LAST STAEMENTS FOR SGX WITH REAL MOVE. 1. YESTERDAY MANY PEOPLE ASKED ME SGX 500 UP NOW HOW WILL YOU TRADE , WHAT WILL HAPPEN . I GAVE ALL ANSWERS IN YESTERDAY POST FROM POINT NO.3 TO 5 . WHAT IS THE IMPACT OF NEWS .WHEN IT SHORT LIVIED ,WHEN ITS LONG LIVED. AND CORRELATION WITH PHASES AND STUCTURES. 2. IN POINT NO.5 I GAVE YOU A GREEN CHANNEL AND...
COMPARING MY LAST STATEMENT WITH TODAY"S ACTUAL MOVE. 1. IN SECOND POINT OF YESTERDAY POST I CLEARLY MENTIONED THAT ENTRY OF BULLS IS SEEN ON WEDNESDAY CANDLE. IF THEY ARE STRONG THEN THEY WILL TAKE PRICE OUT OF WHITE DOTTED LINE AND IF IT DO NOT COME BACK IN 30 MIN THEN TREND WILL CHANGE TO LONG. SEE MARKET OPEN WITH GOOD GAP BUT BULLS WERE NOT STRONG EVEN TO...
From recent high 9889 to 9117 on down side nifty has completed an impulse wave and from 9117 corrective wave may be in progress now and after completion of this corrective wave nifty can decline more than 700 points.
NIfty's Expity day with close to 400+ points volatality.
Nifty has given a falls breakout and ready for a small retracement till 9110 +