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...
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....
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
Nifty is bouncing off the trendline resistance zone, there is also a negative divergence in hourly charts. short here for a target of 8800, followed by 8600
NIfty's Expity day with close to 400+ points volatality.
Nifty has given a falls breakout and ready for a small retracement till 9110 +
NIfty has broken the Trend line and waiting to break the triangle pattern which is drawn in white colour line
NIFTY has completed its 38% retracement at 9392 from highs of 12430 to lows of 7511 at current levels i.e. 9260 Nifty is in the bearish range with stop loss of 9420 and above on closing basis NOTE : Please consult your financial advisor for any investment in stocks, futures and equity
Nifty has formed a HANGING MAN candle stick on the last trading session, ideally we can expect a gap down and have to wait till the candle closes on RED...after the confirmation we can go for a SELL... But if there is a bull candle stick is formed on next session the HANGING MAN will become invalid...
Please note that this is my opinion, in no way markets move according to my analysis. Markets can ignore all levels and move in one direction. Please use proper risk management. 1. Never over leverage, that forces you to keep very small stop losses, don't trade if you have to use full margin. 2. If it will be very painful for you, if it hits your stop loss then...
Nifty's show off is over with 1.618 Expected a fall from April 8th
Nifty looks like it has done its needed pullback and it's time to continue the down rally. today is friday, 27th march, i'm referring here to the coming monday ie:30th march 2020.
#Trendfollowing After the craziest fall, nifty is pulling back. So where to short a pullback? A - Bearish Flag Breakout B - Price Percentage Change Projection C - Traditional Price Range Method D - Retracement Levels Whether to short options or short futures is entirely depends as per your money management and risk appetite, but don't buy...
NIFTY may see some temporary recovery around 9000 levels. If it holds 8800 to 9000 zone it will act as a strong support if not it will try to correct further to 6970. Long term investors can plan to accumulate more once NIFTY settles. As of now doesn't seem to settle around 9000 level.